ClearBank and Tide have formed a partnership to help UK SMEs recover from the coronavirus crisis.
Frankfurt-based Commerzbank will reduce its workforce by 4,300 people and close 200 branches amidst struggles with falling revenues.
MasterCard is making it easier for Chinese users to pay for tuition and other costs in the US through a new partnership with online payments service Plastiq.
Nordea Bank is set to launch a venture capital fund to invest in FinTech startups, having already backed mobile money company Betalo.
Commerce tech and solutions firm First Data is acquiring payments processor CardConnect for approximately $750m.
The vice-president of Ghana has announced an ambitious programme to digitalise the country’s economy.
Visa is in legal hot water as it faces a regulatory investigation by the US Department of Justice (DOJ) over concerns of whether it is using anticompetitive practices in the debit card market.
Fraud fighting RegTech Forter has raised $125m in Series E funding and has achieved a $1.3bn valuation in the process.
Mobile payments fraud-prevention and authentication provider Paygilant has been tapped by digital bank Surf Bank Brazil to help it fight fraud.
Two of China’s biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It’s seen as a major step towards international expansion.