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N26 exits UK market following Brexit

German fintech startup N26 is shutting down its operations in the U.K. Customers who opened a bank account in the U.K. will have to transfer their deposits, spend everything with their card or withdraw money at an ATM, as all accounts will be automatically closed on April 15, 2020.

FIRST LOOK AT THE DIGITAL CITY EXPO SPEAKER AGENDA UNVEILED - FEATURING UNILEVER, AO.COM AND THE VERY GROUP

Agenda revealed for Digital City Expo on Digital City Festival website - see when all the leading speakers are taking to the stage at the two-day event.

Starling Bank scoops £60 million in new funding

The investment brings the total raised by Starling to £323 million and follows two funding rounds of £105 million in aggregate led by Merian in 2019.

Currencycloud nabs $80M from Visa, World Bank Group and more for cross-border payment APIs

Sending money from one country to another — either because you are a business paying someone for a service, or a family member working abroad and sending money back home, or something in between — is a huge business, worth some $700 million annually. Today, a London startup called Currencycloud, which has built a set of remittance APIs that let any financial business integrate money transfer services into its platform, is announcing that it has raised $80 million to tap into that opportunity, and to help take on the Western Unions of the world.

Deliver Empathy at Scale with Liberty Mutual, Farmers Insurance, AAA and LexisNexis Risk Solutions

For insurance carriers, automation can be a dangerous game as customers demand both a frictionless, automated claims process and access to understanding claims handlers. How do you find the right balance?

How To Drive the AI Value Proposition in Insurance with Cutting-Edge Analytics and Innovation

The insurance industry is facing the challenges of disruption caused by the technological advancements in artificial intelligence (AI) and machine learning (ML). Insurance carriers are now able to know more about their customers than ever before.

British Embassy organise CFS2020 in The Hague

On 20 February, the British Embassy in The Hague will organise the CFS2020; your one-stop shop to the Anglo-Dutch FinTech market.

Industry Gathers to Discuss Scaling-up Financial Inclusion

Yangon, Myanmar, 13 January 2020 - The Greater Sub-Mekong Region is in the midst of a coordinated push towards financial inclusion. In Myanmar, adults with access to at least one formal financial product increased from 30% in 2014 to 48% in 2018, surpassing the initial 2020 targets of 40%. Current figures on formal financial inclusion in Cambodia show an inclusion rate of 59%. More needs to be done to bridge the gap in the region.

PayPal Completes Acquisition of GoPay

PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of a 70% equity interest in Guofubao Information Technology Co., Ltd. (GoPay), following approval of the transaction by the People's Bank of China on September 30. With the close of the deal, PayPal is the first foreign payments platform licensed to provide online payment services in China.

LBG announces Eazy Collect as first PSP onto Gem

LBG announces Eazy Collect as first PSP client onboarded to Lloyds Bank Gem, the newest Cash Management and Payments Platform

Adyen Announces International Mobile App Payments Agreement with McDonald’s

Adyen's payments platform will begin roll out in the U.K. in Q1 2020 Adyen, the global payments platform of choice for many of the world’s leading companies, announced today that it has entered into an agreement to make Adyen’s payments platform available to McDonald’s markets globally, beginning with the U.K. early next year.

ACE Cash Express Raises Over $155,000 to Help the Homeless Across the United States

During the month of May, Populus Financial's ACE Cash Express stores raised $55,599 for Back on My Feet through ACE's annual fundraising event, the Give A Little Campaign. Populus Financial Group also made an annual corporate donation of $100,000 to the organization.

Finance's Final Frontier? British Watchdog Probes Data Sharing

Britain’s Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings, insurance, mortgages, investments, pensions and consumer credit to increase innovation and choice.

Biometric Payment Cards - Where Are We Now?

n 2018, we wrote: “Biometric smart cards are emerging as the next innovation in payment cards." Jump forward a year and NatWest called biometric payment cards “the biggest development in card technology in recent years” when announcing its pilot of the technology.

As Brazilian Payment Apps Multiply, Some Warn of a Shakeout

Banking apps backed by SoftBank Group Corp, China’s Tencent Holdings Ltd and others are proliferating in Brazil, offering such a dizzying array of choices that skeptics say a shakeout looks increasingly inevitable.

UN Migration Agency Will Use Blockchain Technology in Effort to Stamp out Illegal Fees Charged to Migrant Workers in Hong Kong

Diginex, a blockchain financial services and technology company, and the International Organization for Migration (IOM) – the United Nations Migration Agency – today announced the launch of a blockchain-based tool developed to prevent the exploitation of migrant domestic workers in Hong Kong SAR, China.

'Buy now, Pay later' Fintech Klarna to Enter New Markets in 2020

Klarna plans to launch in Australia and other markets in 2020 after a strong start for its ‘buy now, pay later’ service in the United States, CEO Sebastian Siemiatkowski told Reuters.