Managers of Wealth Fintech

FinWise Bank selects Finastra’s core banking package

FinWise Bank, known for its strategic financing relationships with fintechs nationwide

Podcast: cash in the payments landscape

But in others, such as Japan, despite high technology penetration, most transactions at point-of-sale continue to be in cash.

Skyscend joins Visa Fintech Fast Track programme

Through the Visa Fintech Fast Track Program, Skyscend is now able to expand its offerings and provide faster, more secure and streamlined payments to its customers.

Italy backtracks on pro-cash plans

The climbdown comes after criticism from the European Commission, which had argued that the planned change would not be consistent with efforts to boost tax compliance.

Worldline Unveils BNPL Service With Fly Now Pay Later

“We’re excited to ensure that travel merchants can now benefit from the growing popularity of the buy now, pay later phenomenon,” said Damien Cramer, global head of airlines and travel at Worldline.

Bank-backed consortium wins funding to test payments for EU digital identity wallet

The EU digital identity wallet is a secure app that, when it comes into being, will allow citizens across the continent to verify their ID, access public and private services and store sensitive digital documents in one place.

Secure Trust Bank taps Mastercard for open banking payments

This gives customers a new and convenient way to make payments on retail finance loans with Secure Trust Bank’s ‘Easy Bank Transfer’ payment option.

Starling Bank joins the fintech savings arms race

Rising interest rates have prompted a tougher fintech savings battleground. Consumers are the winners.

Blue to debut a fintech super app for Iraq and the Middle East

It has triggered other fintech-provided services such as a multi-currency solution that opens up a new horizon of opportunities in the Iraqi market.

Visa pledges to invest $1 billion in Africa

The investments will also focus on strengthening the payment ecosystem through new innovations and technologies, supporting digitisation of economies, and investing in upskilling, talent development and capacity building.

American Express Sets up New Innovation Center in Singapore

Over time, American Express said that it will be looking to expand the focus area of the center to develop AI, ML and NLP technology use cases to support its growth.

Bank of England outlines plans to preserve wholesale cash distribution

The Bank says the current system was designed for a world with higher cash usage

As card use soars, UK retailers demand urgent intervention on interchange and scheme fees

As a proportion of total money spent, cash accounted for just 8% of consumer spend (down from 15%), while credit cards rose slightly to 23%, and debit cards rose significantly to 67%.

Santander advertises for 750 tech jobs

The hiring spree comes after a 2019 commitment to invest €20 billion in digital and technology over four years.

Wise plans 250 US hires

The company recently announced that its North America revenue grew 58% to £85.5 million for the first six months of financial year 2023, compared to the same period last year.

42Flows.Tech, Skaleet to expand offering to Europe

Being a SaaS-based platform, the solution enables flexibility and gives customers the option of creating an efficient ecosystem that can orchestrate interactions between financial services and tech players.

HSBC partners Extend to enable virtual cards for US SMBs

Thousands of businesses use Extend to easily create, send, and manage virtual cards, and ultimately control spending across their organizations.

Walmart fintech unit preps BNPL play

In September, Bloomberg reported that the world's largest retailer was gearing up to beta test

Walmart fintech unit preps BNPL play

In September, Bloomberg reported that the world's largest retailer was gearing up to beta test a digital checking account with employees and customers, with lending and investing products expected to follow.

Starling and Lloyds join Code First Girls

Technology is only ever as good as the people that build it

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