Grab announces acquisition of Bangalore-based payments startup iKaaz

Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced it has acquired Bangalore-based payments startup iKaaz. The rich functionality of iKaaz’ mobile payments platform and...
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Ingenico to acquire New Zealand's Paymark

Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, today announced the signing of an agreement in order to acquire Paymark, a leading New Zealand payment network,...
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Flywire acquires OnPlan

International payments startup Flywire has made its fourth acquisition, bringing the Boston-based company’s global headcount to roughly 250. The company announced on Thursday that it acquired OnPlan Holdings, the Chicago-area...
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Mobile payments app Hush to run ICO

Chaineum, the first French boutique specialized in raising funds through Initial Coin Offerings (ICO), has announced a new ICO for Hush, the European mobile app, an alternative to banks. The...
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Consumer group calls on payments watchdog to stand up against ATM closures

Plans to shut down loss-making ATMs across Britain could leave hundreds of communities without ready access to cash, says consumer group Which?. Which? is worried that proposals from Link -...
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Westpac launches iMessage app folowing PayKey blockage

Westpac has launched an in-app shortcut for transferring funds to friends via iMessage. The move comes six months after Apple demanded that Westpac disable a feature from Israeli startup PayKey...
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Carillion: who is protecting the Trade and other Unsecured Creditors?

The collapse of Carillion poses an urgent question for participants in Supply Chains who have no payment security, and have made deliveries of goods and services with a credit period....
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Ukraine's Kyivstar taps Wirecard for mobile top-ups

Wirecard, the leading specialist for digital financial technology, and Kyivstar, (VEON’s Group subsidiary in Ukraine) launched processing services, including real-time solutions, on the VEON platform in Ukraine. From now on,...
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AmEx CEO Kenneth Chenault joins Facebook board

Facebook today announced that Kenneth I. Chenault, the CEO of American Express, has been appointed to the company’s board of directors, effective February 5, 2018. Mark Zuckerberg, Founder and Chairman/CEO...
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Could distributed ledgers restore the reputation of the MBS market?

Four top tier financial institutions are collaborating on the use of distributed ledger technology to revive the market for mortgage-backed securities, the reviled financial instruments which precipitated the global banking...
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Real-time success in Sweden

21 hours ago | 2328 views | 0 Carina Olsson, Director of Payments, Bankgirot, talks about the next generation of banking, what key opportunities real-time payments offer, why faster payments have been such a...
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Vantiv and Worldpay combine under Worldpay Inc banner

Vantiv, Inc., a leading provider of payment processing services and related technology solutions for merchants and financial institutions in the U.S., announced today that it has completed its acquisition of...
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Europe passes new rules to give merchants more choice in card processing networks

The European Commission has issued new requirements that ensure independence of payment card schemes and processing entities, to enhance competition in the card payment market. Retailers will be able to...
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Flux gains FCA authorisation

Flux are thrilled to be part of history as the first authorised Account Information Service Provider (“AISP”) in the UK under new Open Banking (aka PSD2) regulations that went live...
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AnaCap acquires mPAY24 as bolt-on investment for heidelpay

heidelpay Investments GmbH (the “heidelpay group”), a leading German and Germanic-speaking countries (“DACH”) payment service provider (“PSP”) backed by AnaCap Financial Partners (“AnaCap”), the specialist European financial services private equity...
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Blockchain security startup Ledger scoops £56 million funding round

Draper Esprit has led a whopping £56 million Series B investment round in Paris-based cryptocurrency wallet and blockchain security outfit Ledger. The VC contributed £18 million to the round, with...
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Contego gets the nod for Open Banking ID checking

The UK's Open Banking Implementation Entity has selected Contego to run ID checks and verify the bona fides of users accessing personal account data for third party development work. In...
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How fintechs can keep a handle on costs

Small and medium sized enterprises (SMEs) now spend an average of £1 million (£1,016,194) each on business expenditure every year, according to new research*. The biggest costs in this annual...
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Best of NRF 2018: Top 10 Takeaways


As the name implies, the NRF Big Show is gigantic. It is impossible to see and hear it all in three short days. Check out RIS’ annual look at the...
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Arise joins FinForward movement

As part of its goal to promote financial inclusion on the African continent, Arise has partnered with FMO, the Dutch Development Bank and Above and Beyond Tech (a&b), a global...
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