Managers of Wealth Fintech

Monzo celebrates fourth year on top of bank satisfaction rankings

Starling scored 79 per cent for personal banking in Great Britain, also coming second for both business banking with 83 per cent.

Airwallex processing volume surges past $100 billion

Airwallex has seen growing volumes across all products, including payments, FX, payouts, and issuing, and an annual run rate revenue approaching $500 million.

Klarna takes on banks with a personal account and cashback rewards ahead of IPO

The two new products, which are being rolled out in 12 markets including the U.S. and across Europe, will show up in the Klarna app as “balance” and “cashback.”

Paymentology Earns Mastercard Cloud Edge Certification, Expands Cloud Strategy

This connection is said to provide increased flexibility, allowing Paymentology to better serve a range of clients in the fintech, banking, and telecommunications sectors

Ireland’s PTSB extends partnership with Worldpay to expand merchant services offering

The pair first partnered together in July 2021, when PTSB tapped Worldpay’s then majority stakeholder FIS to access its payments solutions.

DBS tokenizes treasury management for Ant International

Singapore's DBS is collaborating with Ant International on a blockchain-based tokenization project for 24/7 intra-group treasury and liquidity management.

TalueCard preps for biometric card payment launch

TaluCard features fingerprint authentication and enhanced security as only the authorised, registered user can make transactions.

US Debit Card Usage Soars as Consumers Embrace Convenient Payments

POS usage grew at an annual rate of 4.4 per cent between 2018 and 2023

Amazon and Barclays launch co-branded credit card

Amazon and Barclays have come together to launch a perks-loaded co-branded credit card in the UK.

Nium expands operations in LatAm

This continued expansion is a step towards Nium's commitment to revolutionizing the global payments landscape in this strategic region.

Reward expands NatWest partnership for Travel Reward Credit Card

The partnership will allow Travel Reward Credit Card holders access to a suite of personalised retailer offers

Payoneer buys payroll firm Skuad

Cross-border payments firm Payoneer has acquired Singapore-based workforce and payroll management outfit Skuad for $61 million in cash.

Telr partners with Mastercard to enhance e-commerce payments in UAE

We are dedicated to integrating cutting-edge payment trends, streamlining merchant processes, and fostering growth through technology

JP Morgan Payments expands in-store biometric payments throughout US with PopID

JP Morgan Payments claims that a proof of concept completed with the retailer that year produced a 100% transaction authentication rate, with processing reduced to “under a second”.

Google integrates Greenlight card into smartwatch for kids

Users of Google's new kid-focused smartwatch will be able to connect a debit card from Greenlight Financial Technology for contactless payments.

Flexys adds open banking technology from Moneyhub to collections process

This collaboration aims to revolutionise the collections industry by integrating Open Banking capabilities into Flexys’s cloud-based software.

Australia moves one step closer to roll out of Confirmation of Payee

Lynn Kraus, CEO of AP+ says the the agreement on the design is an important step forward for the industry in the pursuit of combatting scams and frauds.

Bamboo Payments secures EU licence

With the license officially granted on July 23rd, Bamboo Payment is actively preparing to notify the Malta Financial Services Authority (MFSA) of its intention to passport its services to other EU/EEA countries.

US fintech Octane raises $50m Series E funding led by Valar Ventures

The fintech reports that through its in-house lender, Roadrunner Financial, it has so far originated over $4 billion in loans working with over 30 original equipment manufacturer (OEM) partners.

NerdWallet to cut workforce by 15% as part of restructuring plan to reduce operating expenses

The company revealed the restructuring plan with the publication of its Q2 2024 financial results

Retail Banking