Congratulations to the winners of the Banking Tech Awards 2023
Check out the winners and highly commended from the 24th annual Banking Tech Awards ceremony.
Top news stories, resources and expert commentary from the payments tech sector worldwide.
Check out the winners and highly commended from the 24th annual Banking Tech Awards ceremony.
The round includes strategic investments as well as participation from existing investors.
Stanton previously spent the best part of two decades in senior roles at Mastercard.
Worldline had previously been operating under the FCA’s Temporary Permission Regime, which will end on 30 December.
The exit sets Berkshire Hathaway up for a loss of around 40% on its investment.
Commissioned by the UK chancellor and launched in July this year, the report has been authored by Joe Garner.
The journey for VeryPay is not just about facilitating transactions; it’s a profound movement towards reshaping and enriching lives.
2024 is set to be a year of innovation and change for the European payments landscape.
Marqeta hired Parker in September 2022 to build out its international go-to-market and operational functions.
Total Processing provides payment solutions to merchants in Europe, North America and MENA.
Claiming to be the Middle East’s first social payments app, Dosh Payments has been building in stealth since 2021.
Tonkin co-founded the firm with Oliver von Landsberg-Sadie, who he will succeed as CEO.
Mastercard’s JV received formal approval from the People’s Bank of China.
The agreement will directly connect Klarna to STEP2 and the gross settlement payment system RT1.
Albera has been with Checkout.com for the last three years, serving as senior vice president of engineering.
The round was led by European private equity firm BlackFin Capital Partners.
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
Apple Pay’s UK customers can access their “most relevant” account information at the time of purchase.
Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round.
Williamson is expected to be paid in the company’s shares, and will meet its executive committee once a month.
Synch says “it was no longer feasible to launch its payment app Yippay into the Irish market”.
The launch follows a previous £140 million investment that Redpin received from Blackstone, Palamon and Corsair.
Mastercard first launched its Biometric Checkout Programme last year with NEC as an early partner.
The paytech was valued at $350 million only seven months ago.
The three banks are Tajikistan-based Alif Bank and Bank Arvand and Montenegro’s Universal Capital Bank.
Learn how to create superior financial experiences that foster innovation and customer loyalty.
The bank claims the new services mark a “significant breakthrough in the realm of open banking within Iceland”.
The company says it is “working to resume onboarding businesses in Europe as a priority”.
Cash App had been pursuing a VASP licence in the country since 2021.
The rules state that instant transfers must not cost more than standard services.
The regulator recently reviewed how firms tackle fraud and handle complaints from customers.
Bloomberg reports that an official announcement regarding the potential acquisition could arrive within a week.
The start-up aims to bring SmartPOS, Tap-to-Phone and BNPL payment solutions to physical merchants.
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Pismo is to support AtPay’s BNPL and card management programmes, ahead of its Q1 2024 launch.
Volt says Henderson joins at a “critical inflection point” for the company.
The funding brings the total external investment in the firm to $116 million to date.
Jifiti says it can now provide clients with a broader range of payment products and pan-European solutions.
With Ripple, Georgia’s central bank aims to explore use cases and potential benefits of having a digital currency.
Amazon Business customers can now select Affirm at checkout to pay for eligible goods over time.