Germany’s finance minister calls for more intense scrutiny from regulators after the Wirecard scandal
As the Wirecard scandal continues to cause shock waves across the FinTech industry, Germany's lawmakers are calling for a total revamp of the regulatory oversight system.
Paynetics buys Wirecard’s corporate card portfolio
FinTech Paynetics has acquired the corporate payout card portfolio of Wirecard UK and Ireland.
Corporate credit card startup Moss said to close $25.5m in funding
Moss, a corporate credit card built for the entire company spending, has reportedly collected $25.5m in its new funding round.
Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay
In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.
WeWork expands financial flexibility through cryptocurrency collaboration
UK flexible space provider WeWork has revealed it will begin accepting payment in select cryptocurrencies after entering a partnership with BitPay and Coinbase.
Deutsche Bank joins forces with PayTech Silverflow to build new payment tech stack
Banking giant Deutsche Bank teamed up with NL-based Silverflow to launch new payment solutions for corporate banking clients in Germany and PSPs across Europe and the US.
DNA Payments secures £100m capital influx following Alchemy deal
UK FinTech DNA Payments has raked in £100m after it signed an agreement with private equity firm Alchemy Partners.
Mastercard, Verizon team to introduce 5G to payments market
Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.
APEXX Global adds four new global brands to BNPL service
Payment platform APEXX Global has revealed that four new buy now, pay later (BNPL) firms have joined its BNPL Connect aggregator.
Utah based payment company Clicklease hauls in $63m in Series A Funding
UT-based FinTech company providing payment solutions in the commercial equipment space Clicklease raised $63m in Series A funding led by Sandlot Partners.
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