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Trustly merges with Silicon Valley-based PayWithMyBank to deliver transatlantic online banking payments coverage

The merged group to create a unique transatlantic payment network based on next-generation online banking payments.

How can traditional financial institutions stay in the ever competitive banking market?

According to Gartner, most banks will be made irrelevant by 2030. One of the key reasons is that they are not meeting market needs and keeping up with the pace of digitalisation.

PayPal backs Swedish financial tech startup Tink

PayPal has invested 10 million euros ($11.2 million) in Tink, a Swedish company that enables banks and fintech startups to access financial data more easily.

Global Payments nearing $20 billion deal to buy TSYS, according to source

Global Payments is nearing a deal to acquire peer Total System Services Inc (TSYS) for about $20 billion in an all-stock deal, according to a source familiar with the matter.

Adyen selected by Uber to roll out 3D Secure globally

Adyen, the payments platform, has announced that it has been selected by Uber to be its initial solutions provider for 3D Secure (3DS).

TransferWise closes $292 million secondary funding round at $3.5 billion valuation

The round was led by growth capital investors Lead Edge Capital, Lone Pine Capital and Vitruvian Partners.

Payvision celebrates its 1st anniversary with ING with over 50% growth and a brand-new visual and sonic identity

Payvision celebrates its one-year partnership with ING, one of the largest European banks, with a brand-new visual and sonic identity, marking the company’s shift into a new era.

LendMN partners with Thunes to serve underbanked customers in Mongolia

Thunes has extended its network in Mongolia adding LendMN – the first Mongolian “fintech”, in an effort to promote financial inclusion and smarter payment solutions.

Three world-leading payment companies announced a partnership

AliExpress adds Klarna’s market-leading ‘Pay later’ option through the world’s leading payment platforms Alipay and Adyen.

Payments start-up Thunes closes $10 million series A investment from global VC GGV Capital

Thunes (previously TransferTo), a global cross-border payments network, announced that it has successfully completed its $10 million Series A financing led by GGV Capital, a leading global venture firm.

Seamless Middle East 2019 brought the world’s leading experts on fintech, payments, retail and ecommerce to Dubai

Took place on April 10-11, 2019, Seamless Middle East is the region’s most comprehensive exhibition, with over 350 exhibitors and 400 speakers from the payments and commerce industries.

European third-party provider association established

The non-profit organisation has been established by the founding members PPRO, Bankin’, Eurobits, Klarna/Sofort, Trustly.

NatWest pilots biometric payment card

UK bank NatWest is piloting in-card biometric technology that lets customers verify point-of-sale transactions with their fingerprints.

Audrey Ottevanger takes the helm at ECOMMPAY APAC

Leading payment service provider ECOMMPAY is proud to announce the appointment of Audrey Ottevanger as Director and Head of APAC.

Volt announces launch of its agnostic Open Banking payments platform

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.

Ant Financial launches distributed core banking platform

Ant Financial, Alibaba’s financial arm, partners with Jiangsu-based Hoperun Information Technology to launch a next-generation banking product.

Leading Chilean processor and OpenWay to power Banco Consorcio’s credit card business

Banco Consorcio has successfully launched a credit card business with Nexus, the major processor in Chile. The Nexus platform is built on WAY4, a top-ranked digital payments software provided by OpenWay.

Infographic - Mobile Payment Development

Do you know how mobile payment is changing the world? We present this infographic by summarizing some key developments.

SPS introduces anti-skimming function to reassure contactless payment cardholders

Smart Packaging Solutions (SPS) introduces Press & Pay, a patented, original and validated solution for financial institutions.

NCR showcases banking’s most complete solutions at Money 20/20 Asia 2019

NCR Corporation showcases its latest range of digital transformation solutions at Money 20/20 Asia, 2019 that create connected experiences and improve end-to-end efficiency for financial institutions.