Tags Payments
Tag: payments
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.
A new unicorn in Boston? Flywire secures $120 Million in Series E and a Unicorn status
Last week was a big week for Flywire. The global payments platform made a dual announcement, that it closed a round of funding and sealed the deal on an acquisition. It has acquired a healthcare technology platform Simplee. The acquisition comes just after the company raised $120 million through its Series E funding round, which was led by Goldman Sachs.
Tandem Bank CTO steps down as it anticipates fresh £50m funding round
Tandem Bank is close to securing fresh funding near to £50m, as it makes a management change.
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.
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.
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
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Is the Fintech Bubble About to Burst? Lessons from Credit Suisse’s Collapse
Last week, UBS acquired Credit Suisse in a $3.25 billion rescue deal. This event has raised concerns about the viability of business models of highly valued fintech startups.
Zeta and Featurespace Join Forces to Offer Innovative Credit Card Processing and Fraud Detection Solution
Modern core banking technology provider Zeta and fraud prevention company Featurespace announced a new partnership on March 22, 2023.
Fintech Companies Put a Hiring Freeze Due to Economic Climate
A major new report by Erlang Solutions has revealed that half of all fintech firms have put a stop to hiring staff in 2023 due to the challenging economic climate.
Recap of FinovateEurope 2023: Key Themes and Takeaways
With a focus on innovation and customer needs, the future looks bright for the industry.
