Category : Fintech News

Wirecard Forms Strategic Partnership With UnionPay

Wirecard, a global financial technology company, has signed a Memorandum of Understanding with UnionPay, the world’s largest card scheme, to form a global strategic partnership.

How to Blockchain the Hunger Games

By Mihai Ivascu, CEO of Modex “Do you know how many Marshall Plans have been allocated to Africa?” – our history teacher asked my class one day. Most of us said none, as we were aware the teacher was fond of trick questions. The right answer was too...

Lloyds Banking Group Adds New App Features to Help Customers Connect With Their Cash

Lloyds Banking Group has unveiled new features within its mobile banking apps to help customers manage their finances. Lloyds Bank, Halifax and Bank of Scotland customers can now share confirmation of payments made to friends or family through WhatsA...

Greylock's Sarah Guo On The Technologies That Will Enable Digital Transformation

Sarah Guo is an enterprise technology investor and general partner at Greylock Partners. In this interview, she provides thoughts on the future of FinTech, robotic process automation, machine learning, and cybersecurity, among other areas in which sh...

Culture and Startups in the Land of the Rising Sun

By Ghela Boskovich I live in Startup Land – no, not a physical place like Silicon Valley or Shoreditch (although my office is in Shoreditch, I certainly don’t live there). Startup Land is more of an industry, a conceptual spot, kind of like ‘online’...

Mastercard Launches A New B2B Effort To Displace Checks

Checks have remained remarkably resilient in U.S. business payments. Will Mastercard's combination of a business directory and the ability to transmit invoice information with the payment, move more firms from paper to digital?

Fintech Firms Prepare: EU Increases Regulation to Tackle Financial Crime

LexisNexis® Risk Solutions, the global analytics provider, today recognises that many firms will struggle to implement the new requirements of the upcoming 5th Anti-Money Laundering Directive (5MLD) coming into force on 10th January 2020. Prompted b...

Minimum Security Protocols That All Small Businesses Should Be Following

Small businesses and at-home enterprises are flooding the commercial markets more every year. New business owners, who are responsible for every aspect of forming their new company, can fall short when it comes to IT security. In many cases, running...

European Financial Institutions Lag Chinese and U.S. Competitors

A recently published report stressed that European financial institutions need to rethink their strategies or risk further widening the gap with competitors in the U.S. and China, especially as London’s global clout shrinks from an expected Brexit.

Wealthy Millennials are Frustrated with Traditional Private Banks and Instead Looking to Use Fintechs

A global customer journey study on the banking behaviour of people born between 1981 and 1996 – the millennial generation – shows that private banks aren’t doing enough to attract this lucrative customer base. The study revealed several key success f...

The Warning Signs Ahead For Chime

Chime, the San Francisco-based challenger bank, just surpassed five million FDIC-insured bank accounts in only about five years in operations. The first 5 million are always the easiest. The neobank is looking at some challenges ahead.

equensWorldline Launches First Ever Browser-Based SCA Solution

equensWorldline, a subsidiary of Worldline, introduces the first browser-based strong customer authentication solution to the market and is now able to support banks in offering a frictionless universal strong customer authentication solution adapted...

Tech Has Moved Transit To Mobile – But Have Your Payments Followed Suit?

By Jeremy Nicholds, CEO of Judopay From app-based parking, street side car hire and pay-by-mile insurance, all the way to driverless cars, the world of tech is changing consumer expectations in transit as well as many other markets. Remember when you...

How The FCA’s Rules Impacted The Payday Loan Industry

Since beginning to regulate the market in 2014, the FCA has implemented a number of regulations and price caps to ensure that the market is suitable with costs that are fair and beneficial for both the consumer and the lenders. In this article, we wi...

CyLon Hits a Cyber Startup Century

CyLon, the cybersecurity accelerator which finds, grows and invests in the world’s best emerging cyber businesses, reveals the nine cyber companies participating in its tenth London accelerator programme. The participating teams join from Turkey, Swi...