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PCN Blogs
Hundreds of entries, pleanty of thoughts, here are some of the insights from PCN Media.
Creative
Konsentus acquires Open Banking Europe from PRETA
UK, 18th January 2021: Konsentus announced today that it has acquired Open Banking Europe S.A.S. from PRETA. Open Banking Europe S.A.S., a 100% owned subsidiary of Konsentus Limited, will remain a separate operating entity which will continue to be led by John Broxis. The software solutions of Open Banking Europe will be directly integrated into the […]…
Creative
Culture Shift Report Finds Trust Is the Key Factor for a Happy Workforce in Finance
While some financial sector bosses have welcomed remote working with open arms, others have struggled to trust their employees to work autonomously with some even ramping up on surveillance to track exactly what their workforce is doing. This may, however, be problematic for organisations looking to attract and retain talent as, according to a recent […]…
Creative
UBS in talks to invest $400 million in India’s Paytm
UBS is in talks to invest $400 million in Indian digital payments startup Paytm, according to Bloomberg. A fund run by UBS’s asset management arm is in discussions to buy a stake in Paytm alongside some of the Swiss bank’s clients, according to people close to the talks. UBS is negotiating the purchase of Paytm […]…
Creative
Visa, Plaid call off $5.3 billion deal
(Reuters) – Visa and financial technology company Plaid said on Tuesday that they would terminate their $5.3 billion merger agreement following a U.S. government lawsuit aimed at stopping the proposed transaction on antitrust grounds. The U.S. Justice Department had sued to stop the deal in November, saying that Visa was a “a monopolist in online […]…
Creative
Meet Mark – Digital Source Internal Interview
For our first internal interview of 2021, we bring you an all new release from our meet-the-team series. For this edition, we caught up with Creative Director, Design Lead and chief-operating-comedian Mark Manzi. Dive into our chat below, as he shares with us everything from his creative process, to his most memorable projects at DS […]…
Creative
Walmart launches fintech startup to build digital financial products for customers, employees
Walmart (WMT), the world’s largest retailer, announced on Monday that it is launching a financial technology (fintech) startup in partnership with Palo Alto, Calif.–based venture capital firm Ribbit Capital, a backer of Robinhood, Credit Karma and Affirm. The new fintech company, which will be majority-owned by Walmart, aims to “develop and offer modern, innovative and […]…
Creative
Fintech firm Checkout.com crowned Europe’s top unicorn after tripling valuation to $15 billion
LONDON — Online payments firm Checkout.com is now Europe’s top tech unicorn. Checkout.com said Tuesday that it had raised $450 million in an investment led by Tiger Global Management — which is also an investor in rival payments giant Stripe — lifting its valuation to $15 billion. That’s almost three times the $5.5 billion Checkout.com was worth in […]…
Creative
The 10 fastest fintechs to reach billion dollar valuations
One European fintech sits among the top 10, reaching unicorn status in less than 4 years. The world is now home to over 70 fintech “unicorns” — startups worth over a billion dollars. If nothing else, this highlights the continued hype around the fintech sector, with investors tripping over themselves to fund companies promising to disrupt […]…
Creative
Grab’s fintech arm raises $300m in round led by Hanwha
“Grab, the Southeast Asian US$15 billion ride-hailing and food delivery giant backed by SoftBank and Uber, is accelerating its expansion into financial services with a new fundraising by its fintech subsidiary. Grab is betting on growing demand from the region’s rising class of merchants and consumers,” reported The Information. The ride-hailer’s fintech unit, Grab Financial Group, […]…
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