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Costa Coffee to go cashless as coronavirus spreads

Costa Coffee decided to refuse cash payments amongst its 2500 branches in the UK. Also, customers will no longer be able to sit in its shops due to the coronavirus epidemic.

Mastercard and Samsung partner for Pay on Demand

Mastercard announced on Thursday it has formed a global partnership with Samsung in order to enable digital access to consumers and small...

Alibaba’s Alipay launches strategy to take on Meituan

Ant Financial, an affiliate of Chinese e-commerce giant Alibaba, will open its Alipay mobile app platform to 40 million service providers in China over the next three years and help them digitize their offerings, it said on Tuesday.

TerraPay raises $9.6M and gets acquired

TerraPay, a Dutch FinTech, has been acquired by a number of investors, including Prime Ventures, Partech Africa and management for an undisclosed amount.

Alipay owner Ant Financial takes minority stake in Klarna

 Klarna, Europe’s most valuable fintech company, said on Wednesday that China’s Ant Financial Services Group had taken a small stake in...

Digital wallets account for 22% of global POS spend

The evolution of the consumer payment method is reshaping payments diversely in its wake around the world. Payment preferences are as diverse as the people that use them. With a close look, we find global trends across the universe of commerce.

Santander’s PagoFX to launch in spring to compete Trasnferwise

Europe's largest traditional bank Santander is within weeks of launching its fintech transfer rival, PagoFX, according to several people briefed on the plans.

Mastercard announces Michael Miebach will be the new chief

Mastercard announced that Ajay Banga, President and Chief Executive Officer, will transition to the role of Executive Chairman of the Board of Directors of Mastercard Incorporated on January 1, 2021. Mastercard’s Board unanimously elected Michael Miebach, Chief Product Officer, to become Chief Executive Officer.

Mastercard to triple technology jobs in Ireland to 2,000!

Mastercard Inc. seeks to hire 1,500 more staff at its global technology hub in Dublin. That would mean more than trebling the size of its workforce in Ireland’s first major multinational jobs announcement of 2020. Hiring is expected in over the next three to five years.
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“Tally is a neobank, that‘s addressing the real issue with banking,” claims Cameron Parry from Tally in an interview

Cameron Parry, Tally's CEO and co-founder explained to Everly.eu in an exclusive interview what is Tally all about and why he is upset with the current state of the banking system.

Fintech and alternative lenders stand up for vulnerable SMEs

Frustrated with overwhelmed banks and what seems to be an oblivious government, some of fintech’s leading players are coming together. They’re here to stand up for Britain’s SMEs and self-employed workers – and they’re not backing down.

Danish challenger Lunar teams up with Astralis

Astralis Group has signed a three-year deal with Nordic mobile-based banking app Lunar. This deal includes a branded VISA payment card, interviews, and behind-the-scenes content.

GoHenry launches the first biodegradable debit card for children

GoHenry is a UK-based fintech focusing on pre-paid card and app for kids (with parental controls). It has just launched its biodegradable card for eco-conscious children.