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Revolut => Open banking? Yes in the U.K.
Possibly biggest European banking and money transfer app, Revolut, claims approx. 10 million customers. Now Revolut partnered with open banking API provider TrueLayer to add bank account aggregation features to its app.
A Starbucks bank? Korean banks are concerned
A growing number of Korean banking groups are being concerned with Starbucks.
Mobile payments in 2024? Biometrics about to secure $2.5 trillion.
Biometric authentication will be used in $2.5 trillion worth of mobile payments by 2024. That means an increase of nearly 1,000% from $228 billion in 2019, driven by the rise of WebAuthn standards adoption, according to a new report from Juniper Research.
The biggest changes to "Swipe fees" in a decade! Let's see what Visa is planning.
Visa Inc. is planning some serious changes in the rates U.S. merchants pay to accept its cards. They are hoping to convince more people to abandon checks and adjusting their fees for new businesses such as ride-hailing and app-based services.
Financial marketplace for immigrants? Rewire.
In Tel Aviv, a neobank built specifically for migrants was founded.
New freelancer wallet in Pakistan! All by PaySend and JS Bank co-op
‘Freelance Wallet', a global network of payments that allows freelancers to receive payments from more than 40 countries directly on their cellphones.
Banking chatbot developer Kasisto raises $22 million
New York-based Kasisto is a conversational AI company that developed the banking “brain” KAI, and more generally is a technology provider that works with large institutions, including JPMorgan Chase, TD Bank, Emirates NBD Bank, DBS Bank, and Mastercard.
Pay later with Klarna! Retailers discuss future on Klarna's platform
Klarna Bank AB, commonly referred to as Klarna, is a Swedish bank. It held its first “Smoooth Sessions” event of the year, with a panel of retail experts coming together to consider the future of retail.
A rival to Stripe and Square emerges! Finix raises $35m
Finix has raised a $35 million Series B. Sequoia led the round, which also saw participation from new investors Activant Capital and Inspired Capital.
Underbanked Mexicans may celebrate, Stori has raised $10 million
Mexican digital banking startup Stori has raised $10 million in Series A2 financing.
Azimo + European Investment Bank = 20m€
Azimo has secured €20 million in debt from the European Investment Bank (EIB), the lending arm of the European Union.
Future of mobile payments?
"Can I pay with a card?" or "Can I pay contactless?" are the questions we hear on a daily basis
Digital piggy banks? In the UK right before Christmas!
GoSave is a Californian fintech start-up and it is about to launch its digital piggy […]
Unified commerce and the change of retail landscape (part 2/2)
How technology can support this quest? Technology presents brands with huge opportunities to engage with […]
Unified commerce and the change of retail landscape (part 1/2)
Technology continues to change the world at a very fast pace. That does include the […]
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