Payments Archives - FinTech Futures

Payments

Principles for a global central bank digital currency and a single global payment system

The new global payment system should replace all current payment and settlement arrangements.

Stripe chases $100bn valuation with no sign of IPO

Stripe could see its valuation quadruple in just two years.

Banking Tech Awards 2020 hosted online by Tom Ward

Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Sept, 3:30pm GMT and is free to attend.

Central Bank of Iceland deploys new RTGS with SIA

The new system can support 5 million payments per day.

London payments firm SumUp buys digital PoS fintech Goodtill

SumUp and Goodtill have worked together “for many years as partners”.

Video: Top fintech stories this week – 27 November 2020

FinTech Futures’ weekly news round-up.

Forter raises $125m in Series E funding to secure $1.3bn valuation

Fraud prevention firm plans to build on its data network.

South African BaaS provider Ukheshe to acquire local fintech Oltio

Oltio is a smaller South African firm which hosts QR code payments for Mastercard.

Square and Tencent lead €93m Satispay funding round

The Italian paytech firm has recorded “significant growth” in 2020

Indian payments fintech Cashfree lands Apis-led $35m Series B

Cashfree counts more than 50,000 businesses as customers.

Western Union snaps up 15% stake in Saudi telco’s payments arm

Currently Western Union provides stc pay with money transfer services.

On-demand payment innovation at the heart of digital “new normal”

The COVID-19 pandemic has delivered industry changes in rapid time.

TransferGo secures £4m from Silicon Valley Bank

The pre-Series C investment funds will be used to develop and expand its RTP platform.

Building out a payments hub with Infosys Finacle

Peter Ryan, senior product manager at Infosys Finacle, speaks to FinTech Futures about payments.

European Central Bank taps SIA and Colt to connect market infrastructure

SIA and Colt will help the ECB connect through the ESMIG single access interface.

Chipper Cash raises $30m in Series B featuring Jeff Bezos VC

The Amazon founder’s personal VC participated in Chipper’s latest funding

UK payments provider Modulr lands £9m investment from PayPal

PayPal thinks Modulr is “well-positioned to be an enabler”.

Neobank Mercury aims to serve US start-up scene

Founded in 2017, the bank has raised $26m so far.

App for US landlords NestEgg lands $7m Series A

Alongside its fresh capital injection, the start-up has also launched NestEgg Pay.

How real are real-time payments?

Incumbents and fintechs face the same challenges when scaling real-time payments.

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