For the Rio Olympics, Visa and Barclaycard are working together to provide all 366 British athletes with wearable payments bands.
Global mobile top-up group Ding has gobbled up smaller sector player Transfert Crédit getting access to the French market.
Union Bank of India is launching a mobile app designed to let customers control their credit card usage.
FinTech startup Finova Financial, which runs an auto title lending platform, has raised $52.5m in debt and equity from venture capital and other investors.
Tilt, a group crowdfunding app, is expanding into peer-to-peer payments to meet user demand.
HSBC and Bank of America Merrill Lynch have created a blockchain technology-based version of Letter of Credit (LC) transactions in cooperation with Singapore's IDA.
FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.
Finish banking service Holvi is partnering with mobile point-of-sale (mPOS) solution SumUp to serve small businesses in Germany.
The Bank of England says that it will not stifle FinTech development as it attempts to lay down regulations for the rapidly-growing sector.
B2B payments network Finexio has raised $1m in seed funding. The round was led by James R. Heistand with participation form New York-based startup lab Loeb.nyc.
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