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Financial services firm Fiserv made its 32nd acquisition today. The Wisconsin-based company purchased Bypass Mobile, a company that specializes in software and POS systems. Terms of the deal were not disclosed. The acquisition is expected to help Fiserv support its clients in creating a seamless customer experience across physical and digital channels. By integrating with Read more…
A collaboration between TransferWise and Chinese payments and lifestyle services platform Alipay will enable TransferWise’s more than seven million users to instantly send yuan to Alipay users. All that senders require is the recipient’s name and their Alipay ID to have funds from 17 different currencies converted to Chinese yuan and transferred to the account Read more…
One of the best ways to take the temperature of an industry is by talking to those helping fund it. Our conversation at FinovateEurope last month with Nick Sando, a member of the Future of Money team at Octopus Ventures, was a great opportunity to find out what venture capital is focusing on in 2020. Read more…
German online lender Kreditech announced a rebrand this week. Now known as Monedo, the company has completed a major C-suite overhaul – including a new Chairman, CEO, CFO, and CTO, and is gearing up for an expansion into the near-prime lending markets of India, Russia, Poland, and Spain. “The name change marks the next stage Read more…
Natural language processing technology innovator Eigen Technologies has added $5 million (£4 million) to its Series B, taking the round’s total to $42 million and giving the firm more than $60 million in overall capital. The funding comes from ING Ventures and is part of a “broader strategic partnership” that blends Eigen’s NLP technology with Read more…
We recently shared the news that restrictions on the ability of banks in India to work with cryptocurrency exchanges was overturned by the country’s Supreme Court. With this in mind, and given the growing interest in India as a fintech power, we spoke with Neeraj Khandelwal, co-founder of CoinDCX, a cryptocurrency trading platform and liquidity Read more…
What does it take to create an event with true gender diversity? In this piece, Finovate Content and Strategy Director Adela Knox, who was recently named the Goodwill ambassador for the European Women Payments Network (EWPN), explains how she gets the balance right. Finance leaders have predicted this year could mark a turning point for Read more…
Mastercard announced a partnership with Samsung’s security platform, Samsung Knox today in a move that will serve to foster digital inclusion across emerging markets. “This partnership with Mastercard is our way of making that future available to everyone by helping to close the digital divide, especially in emerging economies and countries,” explained KC Choi, executive Read more…
One of the more consistently insightful observers of the fintech industry, author Chris Skinner, highlighted the rise of central bank digital currencies as one of the more surprising conversations at FinovateEurope this year. “China’s about to launch one, there’s going to be a digital dollar from the Fed at some point probably,” Skinner said. “And Read more…
In order for fintech to be for everyone, it needs to be from everyone – so we hear from leading women in the fintech ecosystem.
Small and medium-sized businesses working with Australian cross-border payments company Airwallex will be getting some help with their books. The company has announced a new partnership with New Zealand-based, cloud accounting company Xero. Specifically, the newly-announced collaboration will enable Airwallex customers to reconcile their domestic and international payments by connecting their multi-currency financial transactions in Read more…
Financial commerce technology provider Wirecard announced today it has partnered with Grab, a super app based in Southeast Asia that provides users with everyday services including on-demand transportation and food delivery. Under the partnership Wirecard will process transactions made using Grab’s ewallet GrabPay in Malaysia, the Philippines, and Singapore. Grabpay, which is accepted by 600,000+ Read more…