Top fintech stories this week – 26 April 2019
Figure Eight acquired by Appen, T-mobile launches checking account, and RBS’ digital bank picks Mambu.
Wirecard
SoftBank invests €900m in Wirecard for APAC push
Wirecard is struggling amidst fraud investigations.
Wirecard under fraud investigation by Singapore police
One employee has been suspended until the inquiries conclude.
Wirecard brings Chinese payments to Austria
Alipay and the like will be offered at 150 businesses in the beginning.
German financial regulator stops shorting of Wirecard shares
Follows on from accounting investigation in Singapore.
Oney Bank is Well into Wirecard for biometric payments in Romania
Consumers will be able to pay with the app in over 30 stores.
Wirecard reveals investigation into accounting allegations
The firm had previously called reports “inaccurate, misleading and defamatory”.
Wirecard launches API developer portal
Initially designed for issuing solutions, but full scope on the way.
Wirecard on time for Swatch watch payments
Deal means users can add digital boon cards to SwatchPAY!
Wirecard releases Visa card for Chinese tourists
A multi-currency card for the most frequented destinations.
Wirecard woos with Apple and Google Pay play
Double delight for its boon customers in Germany and France.
Lastminute.com launches travel Visa card
Online travel agency teams with Wirecard for multi-currency offering.
Wirecard Brazil widens payments scope
Everyone wants to become more attractive in Brazil.
Wirecard launches supply chain payment platform on blockchain
Solution focused on application to link merchants with producers.
Wirecard provides paytech to global bank account Denizen
Paytech Wirecard is working with BBVA-backed start-up Denizen on its global bank account.
Wirecard’s boon mobile payment tech looking Fitbit
Teams with wearables brand to offer contactless payments using Fitbit Pay.
Wirecard and Crédit Agricole in digital payments duet
Not singing as such, more of a contract signing.
TransferWise turns to Wirecard for debit card issuing
A full roll-out of the new debit card for TransferWise’s “borderless account” planned for later in 2018.
Visa and Allianz partner to create mobile payment app
Allianz Prime app is “first of its kind” in insurance industry.
Wirecard brings digital touch to ReiseBank’s bankomo app
Expanding collaboration by enabling users to top up smartphone account without minimum purchase requirement.
Revolut ditches Wirecard for in-house card issuing
Revolut will no longer be relying on Wirecard for card issuing.
Payments round-up: 10 January 2018
With special guest stars Worldpay, Como Global, Mastercard, Here Technologies, Dream Payments and Wirecard.
Wirecard and sendhybrid going digitally postal in Austria
Paytech firm Wirecard is collaborating with sendhybrid, a company linked to the Austrian postal service Österreichische Post, to offer electronic post-box users a payment service to settle public sector digital invoices.
Payments round-up: 23 November 2017
Coming straight after yesterday’s (22 November) summary, we present another brief payments round-up. Features Starling Bank and Yoyo Wallet getting loyal; chatty PayPal and Facebook Messenger; token time with Sequent and Interac; and Wirecard working with Capital Float in India. UK challenger bank Starling has teamed with Yoyo Wallet, a mobile payment and loyalty marketing […]
Why mobile wallet acceptance is key to retail growth
A young woman has made plans to join a friend for dinner at a restaurant across town, and with a few clicks on a mobile device she sets her night in motion. Her go-to ride-sharing service has sent a car, she’s ordered a cappuccino from her favorite coffee shop – this one is free because she’s a loyalty member – and her social app pings her friend to let him know her ETA.
Wirecard provides paytech to Orange Bank
France’s latest mobile bank, Orange Bank, is getting its mobile payment and banking services underpinned by Wirecard. The paytech vendor says it is providing “all the technical components integrated into the Orange Bank platform to manage their mobile payments”.
Wirecard in mobile wallet integration with Apple Pay, Android Pay and Samsung Pay
Paytech company Wirecard has launched mobile wallet integration with Apple Pay, Android Pay and Samsung Pay in the US.
Wirecard Gives boon a Boost with Virtual Prepaid, P2P and Overdrafts
Pay Award-winning payments technology company Wirecard is expanding its mobile payment app boon with new features to make it an “all-embracing app in everyday life.”
Executive profile: Solana Cozzo, Mastercard
It’s a good thing Solana (“Sol”) Cozzo is high energy. When she’s not literally running or chasing after 3-year-old twins, she’s running Mastercard’s North American prepaid and inclusive growth business. It’s hard work when you consider that “the cardable opportunity is about seven times the current market,” she says.
Wirecard opens European POS to Chinese travellers with Tencent deal
Wirecard and Tencent are working together to give European retailers access to more than 938 million active WeChat and Weixin users by enabling QR code payments at the POS, reports Paybefore (Banking Technology‘s sister publication). The mobile payment solution, WeChat Pay, has more than 600 million active users, which is equivalent to nearly 40% of […]
Travelex kills off Supercard
Supercard, a new card and mobile product launched by Travelex and Wirecard last June, is now being sunsetted.
Payments round-up: 18 May 2017
Words cut. Time saved. A round-up of key events in the payments enclave. Featuring Australian Settlements Limited, IBM, Mastercard, UnionPay International, Visa and Wirecard. Financial services provider Australian Settlements Limited (ASL) has adopted IBM Cloud for its new payments platform (NPP) implementation. ASL provides members, including building societies, credit unions and mutual banks, with settlement […]
Industry views: Trump’s first 100 days
What President Trump’s record on regulatory reform means for payments and financial services so far, and what comes next.
Wirecard completes Citi Prepaid acquisition
Wirecard AG has finalized its acquisition of Citi Prepaid Services.
Wirecard brings mobile payment app boon to Apple Pay in Ireland
Wirecard has launched its mobile payment app boon with Apple Pay in Ireland – and the app is “independent from any bank or telecom operator”. After the initial launch to the UK, France and Switzerland, Ireland is the fourth market where people can use boon with Apple Pay. Georg von Waldenfels, EVP consumer solutions with […]
Wirecard takes boon from POS to online with prepaid
Wirecard is using prepaid as a bridge to online payments for its boon mobile app.
Ffrees, Wirecard, GPS and Bottomline Technologies team up for U Account
UK-based banking services challenger Ffrees Fiamily Finance has launched a new “digital agency banking solution” – U Account. The account is supported by Wirecard, Global Processing Services (GPS) and payments software vendor Bottomline Technologies.
Payments round-up: 20 October 2016
Words cut. Time saved. A round-up of key events in the payments enclave. Azimo, the money transfer service, has launched a new version of its mobile app for Apple and Android users. On the iPhone, the app will allow users to transfer money through the voice-activated Siri system. Customers can transfer money by telling Siri […]
Fundflow and Wirecard launch invoice discounting platform for SMEs
Wirecard and fintech start-up Fundflow have launched an invoice discounting platform for SMEs in Germany. The firms say that SMEs and freelancers can sell their outstanding invoices on the Fundflow website, which then enables refinancing with institutional investors. Wirecard Bank has provided its German banking licence and will handle the payment process. Joachim Kaune, MD […]
Wirecard Czechs out O2 for mPOS action
Wirecard is working with O2 Czech Republic to offer a unified payments solution to retailers in the country. O2, as the “largest” telecom provider in the Czech Republic, will offer merchants “eKasa” – an online tablet-based fiscal till system together with credit card payment transaction services. This year, a new till system law has been […]
