Frankfurt-based Commerzbank will reduce its workforce by 4,300 people and close 200 branches amidst struggles with falling revenues.
The payment processing unicorn Stripe has joined the Silicon Valley elite after netting a $250m funding round and a $35bn valuation.
TouchBistro, an iPad POS and integrated payment solution for restaurants, has raised CAD $158m ($118.9m) in its Series E.
Google Pay is expanding in India with a new platform for merchants. The Spot Platform will empower businesses owners to create branded commercial experiences that bridge the offline and online worlds.
Credit card startup Petal has received $300m in debt capital from global investment bank Jefferies, adding to a previous $30m facility last year.
The backer and incubator of several FinTech companies Rocket Internet has had a smashing start of 2019.
UK-based payments scaleup GoCardless has launched a US debit solution.
What do FinTech and RegTech stakeholders think about the new Australian senate committee investigating...
Last week the Australian senate announced it would launch a new select committee to ensure the FinTech and RegTech sectors keep growing and remain compliant. Now, industry leaders have revealed what they think about it.
The world is in the midst of a cashless payment boom. However, many banks will not take the steps to embrace open banking and fear the looming threat of big tech companies’ competition.
The Alibaba founder has left his role as a chairman of the e-commerce giant in way that can provide some tips for other founders on how to create their own succession plans.