Recurring payments: GoCardless Joins Forces with TransferWise
FACTS On the occasion of the Web Summit held in Lisbon, the British FinTechs TransferWise and GoCardless announced a partnership.
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Real-Time Payment: Mastercard Leads the Way
FACTS The US card scheme unveils Payment on Delivery, a real-time payment solution for business customers.
Banking-as-a-Service: Galileo Closes a Substantial Funding Round
FACTS The American group Galileo Financial Technologies announces a $77 million funding series.
CaixaBank Uses AI Techs to Streamline Direct Debit Payments
FACTS The Spanish institution CaixaBank designed a new solution making it possible to rely on Artificial Intelligence technologies to manag...
Payments News in Brief – September 2019
Players’ Strategy UNITED KINGDOM – Curve opened their capital to large audiences for a short while via the crowdfunding platform CrowdCube....
JP Morgan Chase Adds Faster Payment Option
FACTS The American institution JP Morgan Chase adds same-day deposits, a free service enabling merchants to have faster access to their pay...
Stripe Launches a Corporate Credit Card
FACTS At their annual San Francisco conference, the e-payments specialist Stripe launched a corporate credit card for doing business online...
FinTech: Second Funding Round for Trustpair
FACTS The Paris-based start-up Triustpair, focusing on wire fraud prevention, announces a €4 million funding Series.
REX: Starling Bank Grows Stronger, Aims for Europe
FACTS The British challenger bank Starling Bank goes back over their business evolution and growth perspectives in light of promising resul...
Visa Teams Up with Open, Aims for SMEs
FACTS The Indian FinTech Open announces a strategic partnership with Visa.
Revolut for Business for Free
FACTS The payment and money transfer specialist Revolut is making changes to their pricing scale, introducing a freemium feature for busine...
Société Générale Kicks Off Corporate Instant Payment Service
FACTS Société Générale launches an Instant Payment service for their corporate customers.
FinTech: Brex Raises $100M
FACTS The Californian FinTech Brex, behind a corporate credit card for SMEs and start-ups, just raised $100 million, lifting their valuatio...
GoCardless Raises $75M, Aims for More Markets
FACTS The London-based FinTech GoCardless focuses on dematerialising and streamlining direct debit-based recurring payments. They just anno...
SIA Launches an Open-Banking Platform
PSD2 compliance compels industry players to further open up and rethink their strategy. The Italian processor SIA intends to help them through th...
EU Banks Sceptical About 2014 Deadline
During the SEPA-dedicated panel session at Sibos in Toronto, a small majority of the participants deemed that 2014 deadline was unrealistic. This...
SCT Better Graded Than SDD by Corporates
In an investigation conducted in June by French BFinance, thirty corporate treasurers reported on their SEPA migration. To this day, 20% have bee...
SEPA Migration: Compromise on Regulation Draft
A new legislative step, the ECOFIN Council adopted a compromise on the European Regulation draft setting SEPA migration end-dates. This agreement...
