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A Starbucks bank? Korean banks are concerned

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

Mobile payments in 2024? Biometrics about to secure $2.5 trillion.

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.

The biggest changes to “Swipe fees” in a decade! Let’s see what Visa is planning.

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.

Financial marketplace for immigrants? Rewire.

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

New freelancer wallet in Pakistan! All by PaySend and JS Bank co-op

‘Freelance Wallet', a global network of payments that allows freelancers to receive payments from more than 40 countries directly on their cellphones.

Banking chatbot developer Kasisto raises $22 million

New York-based Kasisto is a conversational AI company that developed the banking “brain” KAI, and more generally is a technology provider that works with large institutions, including JPMorgan Chase, TD Bank, Emirates NBD Bank, DBS Bank, and Mastercard.

Pay later with Klarna! Retailers discuss future on Klarna’s platform

Klarna Bank AB, commonly referred to as Klarna, is a Swedish bank. It held its first “Smoooth Sessions” event of the year, with a panel of retail experts coming together to consider the future of retail.

A rival to Stripe and Square emerges! Finix raises $35m

Finix has raised a $35 million Series B. Sequoia led the round, which also saw participation from new investors Activant Capital and Inspired Capital.

Underbanked Mexicans may celebrate, Stori has raised $10 million

Mexican digital banking startup Stori has raised $10 million in Series A2 financing.

Azimo + European Investment Bank = 20m€

Azimo has secured €20 million in debt from the European Investment Bank (EIB), the lending arm of the European Union.

Future of mobile payments?

"Can I pay with a card?" or "Can I pay contactless?" are the questions we hear on a daily basis

Trillion $ companies? Visa and Mastercard likely joining the club of few

The first companies that succeeded to reach $1 trillion in stock market value were mostly tech and internet businesses. However, the...
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Revolut CEO Nik Storonsky launches his AI-based venture capital fund

Billionaire Nik Storonsky, the co-founder of Revolut, one of Europe's largest and richest startups, plans to launch his own AI-based venture capital fund to compete with legacy venture capitalists.

This is how Klarna will merge e-commerce with physical shopping

Klarna launches "virtual shopping" where online shoppers get access to experts in physical stores.

Revolut reached 1.7 million Irish customers

Of the 5 million population, 1.7million people from Ireland use Revolut to some extent.

Money20/20 “the place where fintech communities love to do business” is back

Money20/20 "the place where fintech communities love to do business" is back