SIA deploys new POS terminal network in Greece supermarkets
Market In will accept contactless payments.
Cards
Open hits $50m funding for SME banking
The Indian fintech will use the funds to scale up the team.
Three old-school self-service strategies to ditch – and what to do instead
The ATM is the only channel that provides cash access anytime, anywhere. Take advantage of its huge potential!
Lloyds first to launch open banking app for credit cards and savings
The banking group has also added a secure 24-hour messaging service.
Chip Mong Bank picks Compass Plus to support Cambodia launch
Compass Plus provides an ATM cash-by-code service.
CallVU teams up with Banca Transilvania to boost mobile banking
It will give customers card control to block transactions or modify transaction limits.
Crypterium launches prepaid card
The Crypterium Card is loaded with cryptocurrencies and functions just like a traditional prepaid card.
Brex raises $100m to reach $2.6bn valuation
In an extension to a Series C round launched in October.
FCA reveals new rules to protect BNPL consumers
Companies will no longer be able to charge interest on money repaid within offer period.
H&R Block acquires Wave Financial for $398m
It follows Wave’s recent acquisition of Every.
Synapse receives $33m for back-end fintech
The San Francisco-based start-up expects integrations with Visa and MasterCard.
Mastercard announces next generation fintech accelerator
Accelerate 2.0 includes Global Reach service.
Isbank partners Yandex.Checkout to support trade between Turkey and Russia
Turkish bank will reach more than 150 million extra clients.
Teen banking fintech Pixpay raises €3.1m launch funding
The Paris-based start-up was founded four months ago.
Zero closes $20m Series A to serve 200,000-strong waitlist
Offers a combination of debit and credit card.
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Card issuing platform Marqeta goes to Series E with $260m
This puts the company’s valuation at nearly $2 billion.
Cryptomathic acquires Aconite Tech for EMV infrastructure prowess
The two firms say they have complementary and similar products.
ATMs decline for first time as cash demand falls
But ATMS are on the rise in developing markets.
Singapore-based challenger YouTrip scores $25.5m funding
It will use the funding for international expansion.
KOHO closes $42m for alternative fintech
Led by Portag3, who supported its Series A.
Business card management platform Pleo raises $56m
It follows last year’s $16m Series A.
Fintechs, there’s a tsunami coming; do you hear the sirens?
And I will be able to pay for a surfboard with my new Apple Card.
JP Morgan picks Bora to automate SUA B2B payments
Bora to provide advanced payment processing technology.
Mastercard acquires Transactis to boost Bill Pay Exchange
Transactis makes digital payment services available to small businesses.
TagNitecrest prints biometric payment cards in the UK
Fingerprint card payments can be made at existing point of sale terminals.
Checkout.com rings up Europe’s largest ever fintech Series A round
The London-based company now eyes further global expansion.
Expense management app Divvy closes $200m funding
It’s the third funding round for the firm in under a year.
ALTO taps ACI for Indonesian alternative payments growth
ACI will provide its UP Retail Payments solution.
FIS links up with Visa
A new tool for the FIS clients to process high-value corporate, cross-border payments.
US modern card issuer Marqeta signs first Europe deals
Partnerships with companies in France, Scandinavia, Spain and Switzerland.
WorldRemit launches international transfers to UnionPay cards
It has been enabled by a partnership with Merchantrade.
Tencent takes a gamble on Argentina’s Uala
The amount of the equity investment has not been disclosed.
Tcell introduces mobile payments TezSum in Tajikistan
The telecom operator has partnered with Wallet Factory for the project.
Merchant platform Pine Labs acquires Qwikcilver for $100m
Actis is increasing its investment in Pine Labs as a result.
Virtual card platform Extend raises $11m
The funding takes Extend’s total capital to $14 million.
Coinbase launches crypto Visa debit card in the UK
A European version will follow later this year.
PFS bags Irish licence for Brexit contingency plan
This follows the acquisition of Barclays’ prepaid business.
Video: fintech news weekly round-up – 1 April 2019
Apple’s new credit card, New York goes fintech, and more!
StreetShares to launch credit cards for veteran-owned businesses
A new credit card for the 2.5 million veteran-owned small businesses in the US.
