Jan Cerny

Apple Pay will be most likely responsible for 10% global card transactions by 2025 worth trillions of dollars a year and even rival PayPal for online payments.

Mastercard Inc. won approval to set up a bank card clearing business in China, gaining access to a $27 trillion payments market.

Berlin-based digital bank N26, which is a rival to Revolut and Monzo, is closing accounts for UK on 15 April. “We will be unable to operate in the UK with our EU banking license so we will be leaving the UK and closing all accounts” is the official N26's statement.

The Curve is a well-known London-based fintech with which you may combine your bank cards into one. Curve has about 300,000 cardholders at this point.

Nigerian fintech start-up, Aella has raised a $10 million debt financing round, from Singapore-based HQ Financial Group (HQF) to help the company scale its expansion across Africa.

Possibly biggest European banking and money transfer app, Revolut, claims approx. 10 million customers. Now Revolut partnered with open banking API provider TrueLayer to add bank account aggregation features to its app.

A growing number of Korean banking groups are being concerned with Starbucks.

Biometric authentication will be used in $2.5 trillion worth of mobile payments by 2024. That means an increase of nearly 1,000% from $228 billion in 2019, driven by the rise of WebAuthn standards adoption, according to a new report from Juniper Research.

Visa Inc. is planning some serious changes in the rates U.S. merchants pay to accept its cards. They are hoping to convince more people to abandon checks and adjusting their fees for new businesses such as ride-hailing and app-based services.

In Tel Aviv, a neobank built specifically for migrants was founded.