Onfido scores ID verification contract with Remitly

Identity verification specialist Onfido today announces that it has partnered with leading global remittance platform, Remitly. Onfido’s AI technology helps Remitly swiftly onboard new users to its platform,...
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Cubic signs $349 million mobile payments deal with San Francisco metor

Cubic Corporation (NYSE:CUB) today announced that its Cubic Transportation Systems (CTS) business division has signed a $394 million contract with the San Francisco Bay Area’s Metropolitan Transportation Commission (MTC)...
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Ripple commits $25 million to scial impact fund

Ripple, provider of the leading enterprise blockchain solutions for payments, announced its formal social impact program, Ripple for Good. Ripple for Good will focus on projects related to...
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New legislation may be needed to address APP fraud

Moves to reimburse consumers who fall victim to push payment fraud has come a step closer with the publication of a draft voluntary code drawn up by a steering...
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Swift recruits Google engineer for new data analytics role

Swift has recruited a senior executive from Google for a newly-created data analytics position with a brief to extract the value of the banking co-operative's big data assets for...
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SocGen buys fintech startup Treezor

Societe Generale has acquired French Banking-as-a-Service platform Treezor as part of its "open innovation" strategy of cosying up to the fintech community. Financial terms of the deal were not...
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ANZ kills off goMoney app in favour of Google Pay

From today, ANZ New Zealand personal Visa debit or credit card customers can make contactless payments with compatible Android smart phones using Google Pay. Google Pay offers Android users...
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Goldman invests in blockchain-based cross-border payments startup Veem

Blockchain-based cross border business payments startup Veem has raised $25 million in a strategic funding round led by Goldman Sachs and joined by Google Ventures. Silicon Valley Bank, Extol...
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CommBank reports surge in mobile payment transactions

New data from Commonwealth Bank reveals customers are increasingly reaching for their smartphones instead of their wallets at the checkout, with user growth up 35 per cent in the...
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RS2 adds former Google Wallet and Alipay bigwigs to board

RS2, one of the leading providers of payment processing services in Europe and Asia Pacific, is entering the North American market. Extending its reach to the largest payment processing...
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Client Lifecycle Management for the Buy-Side

Kevin O’Neill, Global Head of Buy-Side Division, Fenergo, talks about what the key challenges currently facing buy-side firms are, how a buy-side operation can become more operationally efficient and...
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BNP Paribas enlists Cashforce to digitise cash flow forecasting

BNP Paribas is teaming up with fintech firm Cashforce to offer its corporate clients digital cash forecasting and treasury management technology. The French bank has also made an investment...
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SBI Ripple Asia gets license for blockchain-based money app

SBI Ripple Asia has cleared a regulatory hurdle in its bid to launch a DLT-based payments app in Japan. SBI Ripple Asia began working with a consortium of Japanese...
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Stripe raises $245m at $20bn valuation

Payments outfit Stripe is now worth $20 billion after closing a $245 million funding round led by Tiger Global Management. DST Global and Sequoia along with existing investors Andreessen...
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Hong Kong faster payment platform goes live

Hong Kong has joined the faster payments club, launching a system that lets users send money nearly instantly to recipients using a mobile number or email address as an...
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Dollar Bank hooks up to Zelle

Dollar Bank announced today that Zelle is now live within its Online Banking and Mobile App. Zelle provides person-to-person (P2P) payments, allowing funds to be sent from one bank...
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Circle launches stablecoin

Cryptocurrency firm Circle has unveiled a stablecoin designed to make it easy to convert US dollars into tokens that can then be moved over public blockchains. First announced...
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SIA launches open banking digital platform

SIA launches a new “Open Banking” digital platform allowing Italian and European banks, fintechs, corporates, SMEs and public sector organizations to promote and accelerate the creation of innovative payment...
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EMVCo bids to boost interoperability for contactless payments

EMVCo has published EMV® Level 1 Specifications for Payment Systems – EMV Contactless Interface Specification v3.0. The enhanced specification, available on a royalty-free basis to all industry participants,...
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Slovenian startup Eligma unveils cryptocurency payment app

Created by e-visionaries and advised by experts from companies like Google, Apple and Intel, the Eligma startup continues along its roadmap of smart commerce solutions with the latest technologies...
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