The no-fee banking platform Novo has been selected as the overall winner of the 2019 U.S. edition of the Visa Everywhere Initiative (VEI).
Wirecard has signed a memorandum of understanding with SoftBank’s Brightstar and anticipates “significant transaction volume” out of the deal.
The People’s Bank of China (PBOC) on Thursday released (in Chinese) a three-year plan with the aim to strengthen support for the fintech sector and curb its risks.
China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks.
Barclays is ending their relationship with Coinbase that started in March last year as the exchange expanded in Europe, according to sources familiar with the matter.
Apple and Goldman Sachs rolled out a virtual credit card, which will help Apple diversify from device sales and also build out the Wall Street bank’s new consumer business.
The report explores the evolution of the cash industry as digital payments gain a stronger foothold worldwide and outlines the internal factors influencing the cash industry today.
Indonesian ride-hailing app Go-Jek and Thailand’s largest lender, Siam Commercial Bank are set to announce a strategic partnership on Thursday, the companies said.
Uber is partnering with BBVA and Mastercard to launch a debit card for drivers in Mexico, the company’s latest gambit to promote banking in a country that runs on cash.
Singapore’s central bank plans to issue up to five digital bank licenses to suitable applicants, a move that could deliver the biggest shake-up in a market dominated by local banks.
The euro zone could have an instant payments system shared by all banks in the bloc by the end of 2020, finance industry officials said.
UK bank NatWest is piloting in-card biometric technology that lets customers verify point-of-sale transactions with their fingerprints.
Volt will enable access to more than 4,000 European banks through its single API and is the first platform of its kind built from first principles.
Financial messaging giant SWIFT has teamed up with the Singapore Exchange and four banks to trial a platform for e-voting based on blockchain tech.
JPMorgan Chase has created a digital token, the JPM Coin, that will be used to instantly settle transactions between the bank's wholesale payments business clients.
Digital bank Tandem has unveiled plans to float on the stock market within the next five years, as interest in fintech companies continues to swell.
London remained the top destination in Europe for technology investment in 2018, followed by rival Berlin.
Monzo, the U.K. challenger bank with more than a million customers and a unicorn valuation to boot, has quietly began working on a U.S. launch.
Royal Bank of Scotland has applied for a German banking licence to help it retain clients in the European Union in the event of a no-deal Brexit.
Google Payment Lithuania UAB has just received an Electronic Money Institution license from the Bank of Lithuania.