Top fintech stories this week – 4 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
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Cut through the noise and examine the payment trends most likely to affect your bottom line.
Payment Systems Regulator (PSR) and Bank of England have revealed that the U.K. will be getting the New Payment Systems Operator by the end of 2017, which the PSR says will be an important step in streamlining the U.K.’s payment systems and fostering competition and innovation.
Oracle has unveiled its brand new development, Oracle Banking Payments. Built from the ground up, the service uses the ISO 20022 messaging standard and supports global and local payment standards, including SEPA, Swift 2017, Fedwire, U.S. ACH and Swift’s gpi.
The Fed’s Faster Payments Task Force isn’t kidding when it says it wants every U.S. consumer and business to be able to accept faster payments by 2020. It’s an ambitious plan, no doubt. But with the release of its final report on July 21, detailing 16 proposed faster payment solutions and outlining possible approaches, the task force is making a serious call to action.
The U.K. needs more competition in its retail payments infrastructure. That’s the conclusion of a new report from the country’s Payment Systems Regulator.
U.K. challenger bank Starling is staying busy with the launch of its real-time mobile offering, Starling Payment Services. The new division of the bank will offer sponsorship access to the U.K.’s major payment schemes, enabling other banks, payment service providers and fintech companies to use real-time payments from the summer.
The U.K.’s Competition and Markets Authority gave its blessing April 11, enabling Mastercard to complete its acquisition of 92.4 percent of VocaLink Holdings for $920 million. The deal, which is expected to close within weeks, gives Mastercard control of a large portion of the U.K. transaction processing market.
With regulators opening up the payments infrastructure and consumers and business clients demanding á la carte but interoperable financial services from a variety of players, the industry and its would-be disruptors must adapt.
Paybefore’s first-ever payments year-in-review report, sponsored by The Bancorp, is available now. Offering an in-depth look at key trends and the Top 10 payments stories from 2016 that will continue to shape the industry in 2017 and beyond, this must-have resource examines everything influencing the industry from the CFPB and Uber to Brexit and Trump and much more.
U.K.-based Starling Bank has become the “first of the digital-only challengers” to join Faster Payments this week. The 13th direct participant of the Faster Payments Scheme, Starling says its customers will be able to see where their money is flowing and when in real-time, 24/7.
.@FISGlobal reportedly axes 2,600 #jobs amid ongoing strategic review Around 2% of its #workforce – as part of new… twitter.com/i/web/status/1…
#FinTech Futures: #Top five stories of the week – 3 February 2023 Here’s our pick of f#ive of the top #newsstories… twitter.com/i/web/status/1…
[email protected] migrates its investment #banking platform to the cloud with @awscloud #Spanish banking giant #BBVA has tapp… twitter.com/i/web/status/1…
Case study: @Credit_Agricole Bank Polska S.A. and @efigence – mobile banking app When an out-of-the-box design dri… twitter.com/i/web/status/1…
More #banking hubs and pods earmarked for #UK as branch #closures continue A further nine banking hubs and six dep… twitter.com/i/web/status/1…
GXS Bank names Muthukrishnan Ramaswami as group #CEO Singapore-based challenger #GXSBank has appointed #banking ve… twitter.com/i/web/status/1…
The #PayTechAwards are back! Submit your #nomination to be part of the global #recognition of #excellence and… twitter.com/i/web/status/1…
#Banking on #youth: How can #banks and #fintechs maximise the opportunity around junior accounts? Read more here👉… twitter.com/i/web/status/1…