How can fintech offer our SMEs a fighting chance?
In normal circumstances, life as a small and medium-sized enterprise (SME) is far from straight forward. Throw in a year-long global pandemic, crippling recession and three national lockdowns, even the most buoyant of SMEs will find themselves struggling for financial breath. The UK government has so far, offered billions of pounds worth of support towards […]
Routefusion Secures $3.6 Million in Funding to Expand Cross-Border Payments Platform
Despite sweeping changes across all areas of financial services, cross-border payments in the US have remained relatively untouched. Now, armed with new funding, Routefusion seeks to finalise its product and form the necessary partnerships to disrupt a $224 billion category. Earlier this week, Austin-based fintech Routefusion announced it has secured $3.6 million in seed funding from venture […]
Finch Capital Targets European Fintech Companies with €150 million Fund
The fund will invest in European technology companies with €2 million to €5 million in revenues. Finch Capital, a leading venture capital firm with a presence in the UK and Netherlands, announced the first close of Europe III, its €150 million investment fund, to invest in the European fintech companies working on technologies like Artificial Intelligence. […]
Klarna opens first bank account; eyes $500 million fund raise
Buy now, pay later pioneer Klarna is launching its first consumer banking account in Germany.A Klarna bank account will come with a Visa debit card which can also be connected to both Google Pay and Apple Pay. Users will also be able to use budgeting tools available via the Klarna app to track, categorize and […]
A new frontier for fintech in 2021
What a challenging yet extraordinary year 2020 was. We started the year full of high hopes and expectations for the new decade, with the concepts of ‘pandemic’, ‘lockdowns’ and ‘remote working’ being far beyond our imagination. The global business impact following the pandemic has been significant to say the least. Businesses in the travel and […]
What Amazon CEO Jeff Bezos stepping down means for fintech
Jeff Bezos will step down as founder and CEO of Amazon and transition to chairman in 2021, allowing seasoned cloud executive Andy Jassy to take the reins of the $1.6 trillion giant. As detailed in an email to his employees, Bezos will focus his “energies and attention on new products and early initiatives,” suggesting that the […]
Securing payment transactions in France: Cartes Bancaires certification for Netcetera 3DS Server
With the continuous enhancement of their secure digital payment products, the software company Netcetera is enabling PSPs, merchants and acquirers to increase the approval rates for transactions and reduce fraud. The latest success of this product improvement: The Netcetera 3-D Secure Server received the letter of approval from Cartes Bancaires (CB). The server is now […]
Trilo powers it’s first-ever POS Open Banking payment
Trilo scraps transaction fees, with merchants able to reward customers whenever they pay London, UK: On January 22nd, Trilo (Trilo Group Ltd.) powered the first ever Point of Sale (POS) payment using Open Banking at Naama Studios. The customer simply had to scan a QR code in order to make a £170 payment. In return […]
Press Release: Simplify and accelerate the launch of Apple Pay, Google Pay and Digital Cards with the Antelop Issuer TSP
The payment ecosystem faces disruptive changes: the Digital Card replaces more and more the physical card. Cardholders ask for a digital customer experience and a digitized card in a mobile application. Digital cards and tokenization become a standard. Schemes centralized Token Service Providers (TSPs) ensure secure card digitization and replace a PAN by a token […]
Rabobank tackles CO2 challenge by connecting corporates and farmers
Rabobank has unveiled an online platform that connects large corporates looking to offset their emissions with smallholder farmers in developing countries who are sequestering carbon through agroforestry.By planting trees on their land, farmers in developing countries can offer the CO2 sequestered to large corporates looking to offset their emissions. Developed with Microsoft, the platform will […]
