The future is FedNow: how the new RTP service is aiming to future-proof US payments
FedNow has the potential to drive innovation, broaden financial inclusion and improve cash flow.
FedNow has the potential to drive innovation, broaden financial inclusion and improve cash flow.
With the new solution, both firms aim to “simplify the disjointed payments landscape” in the Nordics and UK.
With the new funding, Super says it will scale its product and engineering resources.
Mooncard previously raised €20 million as part of its Series B funding round in September 2021.
The fresh funding gives Yonder a post-money valuation of more than £70 million.
The bank’s clients will now be able to utilise ACH, wire transfer and real-time payments.
The bank has deployed E6’s products to bring card issuing and processing to its customers.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Launched in 2021, Wellet is a card payment app that uses similar technology to UTP Group’s Tapeeno.
With the new investment, Peach Payments plans to expand across new markets in Africa.
Seattle Bank customers can now access loans for high-value transactions directly through merchants.
The company will use the funding to launch its Impact-as-a-Service platform.
Apple has launched a pre-release version of its BNPL offering to a select number of customers.
The deployment of BPC’s solutions will support Askari Bank with its ongoing expansion.
According to both firms, the partnership is the first between a bank and a fintech in Saudi Arabia.
Visa has reportedly submitted a bid of $1.4bn after an initial offer of $1bn was rejected by Pismo.
Phos enables merchants to accept payments directly from NFC-enabled Android devices.
Sibstar has launched in the UK in partnership with Alzheimer’s Society and Mastercard.
Dr Adam Lowe of CompoSecure discusses how to combat the growing number of cybersecurity threats in digital payments.
The partnership will allow AccesBanque to scale and quickly launch new products and services.
Users will be able to fund scientific projects of their choice through their day-to-day payment activities.
Mastercard intends to fold Baffin Bay’s automated Threat Protection tech into a global “cyber service”.
The nominations deadline has been extended to 24 March 2023. Submit today!
Parker will invest in its product offering as it aims to expand across the US in 2023.
Grow aims “to link the traditional banking structure with a product of the decentralised finance ecosystem”.
This is the first OpenWay installation of its Way4 platform on Oracle Cloud in Southeast Asia.
With one of the highest levels of crypto adoption in the world, Australia is an “important market” for Wirex.
The fresh financing follows a $150 million debt facility from Goldman Sachs in August last year.
Mason is the former COO of SME-focused Allica Bank, a role he held for more than three years.
Nominations for the awards are open until 2 June 2023.
Swiatek joins Moniepoint from Capital One, where he served as managing vice president for over four years.
Customers will soon be able to make payments to small businesses directly from WhatsApp.
The deadline for nominations is Friday 17 March, so don’t leave it too late!
Customers will be able to make donations to the charity by rounding up spending from the card.
Almaeeli has held several senior roles at Sinnad, most recently as general manager for more than 11 years.
FinTech Futures sits down for a chat with Mushegh Tovmasyan, founder of Zenus Bank.
All Passbook accounts will be closed on 1 May 2023.
According to Sky News, the claim could be worth well over £10 billion.
Tap to Pay allows businesses to accept contactless payments using an NFC-enabled Android device.
The five-year contract was signed on 15 February 2023.