Mobile Payments

HSBC and ING back buy now pay later firm Divido in $30m round

UK-based whitelabel platform for retail finance Divido raised $30m in Series B funding.

Venmo announces new credit card through Synchrony partnership

Hot on the heels of its announcement about a new transfer service, Venmo has unveiled its first-ever credit card.

NatWest lets customers set transfer limits to reduce payment scam damage

NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.

Growish picks up ?400,000 for group payments platform

Milan-based group payments platform Growish has picked up ?400,000 in a fresh round of funding. The company says the funding will be used to expand in its native Italian market and launch overseas.

Swile becomes second fastest French tech unicorn

Swile, a smart card for employees, has raised $200m in its Series D round, making it the second fastest French tech company to reach the unicorn status.
Buckzy

Buckzy Payments lands $14.5m Series A

Buckzy Payments, a Canada-based payments firm, has netted $14.5m in a Series A funding round.

Tim Cook reveals Apple Card is launching in August

The Apple CEO Tim Cook announced that the tech titan is launching its credit card Apple Card in August during an earnings call discussing the business’s third quarter earnings.

Digital consumer spend could jump to almost $790bn in Europe and the US

New research from Juniper Research, the FinTech and e-commerce analyzing agency, reveals that consumers may be swapping cash for digital payments more often in the future.
Hyundai has launched a system that lets US drivers find and pay for things with their vehicle's touchscreen using securely stored credit card information.

Hyundai launches in-car payment service

Hyundai has launched a system that lets US drivers find and pay for things with their vehicle's touchscreen using securely stored credit card information.
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Square picks up struggling Yik Yak’s tech team for $3m

Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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