Tag: Mobile payments

December 15, 2023

UK-based fintech SumUp has secured €285 million (around $307 million) in fresh funding as the company looks to pursue international growth opportunities and broaden its suite of payment services for SMEs. The company’s latest capital raise was led by Sixth […]

December 14, 2023

Through a multi-year partnership, US Eagle FCU will make use of Lumin Digital’s cloud-based digital banking infrastructure, which includes features such as savings plans, financial guidance, personalised spending insights and real-time app updates. The new mobile app will enable individuals […]

December 12, 2023

2023 was a defining year for artificial intelligence, in particular generative AI (GenAI), which experienced a huge surge in popularity following the launch of ChatGPT in late 2022. As we move into 2024, Capgemini predicts AI will become “deeply rooted” […]

December 8, 2023

We’re excited to share the thoughts of fintech CEOs and industry leaders from across the globe to 2023’s key takeaways and what we should expect to be top of the agenda in 2024. The European tech industry has stabilised after […]

December 8, 2023

Igloo, a regional insurtech in Asia, has closed a US$36 million Pre-Series C funding round. Global investment firm Eurazeo, through its insurtech fund backed by the insurer BNP Paribas Cardif, led the investment. At the same time, Openspace and La […]

December 7, 2023

The global market for Call Centers estimated at US$314.5 Billion in the year 2022, is projected to reach a revised size of US$494.7 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. In-House, one of […]

December 6, 2023

According to the U.S. Small Business Association, small businesses make up 99.9% of the nation’s business landscape. With such a large pool, one would expect that seamless access to financial services would be fairly easy to come by. But that […]

December 4, 2023

Despite the industry’s constant longing for anything and everything instant, this scenario has struggled to play out in what is still a highly fragmented market. So much so that right now, only around one in 10 of all euro credit […]

December 1, 2023

Now in their 24th year, the awards acknowledge key developments in banking, finance, and technology. This year, we recognised a broad range of organisations, from established players to emerging fintech start-ups. The awards ceremony took place at the 5-star Royal […]

November 30, 2023

Throughout the month, we have focused on the latest payment innovations, upcoming payment trends and the overall future of payments. But now, we turn our attention back to the most well-established forms of payment and money: cash. As the world […]

November 29, 2023

Generative AI is rapidly altering the landscape for e-commerce professionals with applications ranging from effective supply chain management to tailored client experiences. The application of generative AI has transformed e-commerce and offered cutting-edge fixes to improve almost all facets of […]

November 29, 2023

This month, Philip takes an in-depth look at GenAI in financial services. I’ve stayed away from writing a ‘state of play’ piece on generative artificial intelligence (GenAI) due to the sheer pace of change and my concern that any analytical […]

November 17, 2023

Founded in 2020 by AIB, Bank of Ireland, Permanent TSB and KBC, Synch had ambitions of rivalling challengers such as Revolut and N26, by launching an account-to-account mobile payment service, allowing customers to purchase goods online and in stores, as […]

November 17, 2023

Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round, with Silverflow claiming its valuation is now “substantially higher” than its Series A in 2021. Launched four years ago, Silverflow operates a […]

November 15, 2023

But for financial institutions of all sizes, there are key challenges and obstacles to success. What are these key challenges and obstacles and how are they overcome? Fintech Futures, with Moneythor, conducted a survey to identify key issues around new […]

November 13, 2023

Specifically, Klarna is expanding its self-service advertising platform, ‘Ads Manager’, in the UK and Sweden. This will enable better engagement between retailers and high-intent shoppers. Then across the pond, Klarna has made ‘Creator Shops’ live in the US, in turn […]

November 10, 2023

Instant payments enable people to transfer money within ten seconds at any time of the day, including outside business hours, not only within the same country but also to another European Union member state. The new instant payment rules will […]

November 9, 2023

The deal, which is thought to be in the final stages of discussions according to Bloomberg, would reportedly value Melio, a B2B payments platform provider for small businesses, at $1.95 billion. This figure is less than half of the paytech’s […]

November 8, 2023

At this exclusive new event taking place in Blackfriars, London, you’ll get essential insights into the latest AI trends including generative AI, strategies and advancements, and what the future holds for the technology, and have the unique opportunity to connect […]

November 7, 2023

The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by the agency that has seen it extend […]