Currencycloud Secures Investment from Visa and BNP
FACTS The British start-up Currencycloud announces an $80 million funding Series.
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HSBC Unveils Treasury Management APIs
FACTS The British bank HSBC launches an API suite for corporate treasury.
FinTech: Crédit Agricole Buys Out Linxo
FACTS Crédit Agricole will be holding a majority share in the French account aggregation and payment initiation specialist Linxo.
KBC Introduces Matti, a Smart Investment Bot
FACTS The Belgian institution KBC unveils Matti, their smart investment assistant.
Open Banking: Tink Raises €90M
FACTS The Swedish Open Banking FinTech Tink raises €90 million.
A German Initiative Paving the Way for the Open Insurance Market
FACTS The German Free Insurance Data Initiative (a.k.a. Frida) looks into applying PSD2 compliant open interfaces and data exchange capabil...
Blink Turning Taxis into ATMs
FACTS The advertising agency Ogilvy launches Blink, a start-up aiming at turning 70,000 Bolivian taxis into a mobile network.
A Banking Institution Selling Insurance Policies via a Chatbot
FACTS The Portuguese institution Banco Best teams up the insurance group Simplesurance (featuring affinity-based, connected services) and l...
Libeo and QuickBooks Addressing Accounting and Payments Industries
FACTS Intuit, subsidiary of the US group Quickbooks, software vendor and service provider specialising in SME’s management activities, and ...
FinTech: Visa Acquires Plaid
FACTS The US card scheme Visa announced they are acquiring the FinTech Plaid for $5.3 billion.
Electrolease: New Entrant on the Market for Full-Electric Long-Term Leasing for Businesses
FACTS Axialease (SWS group) –leasing company focusing on corporate equipment– unveils a new subsidiary specialising in long-term leasing of...
Mastercard Unveils an AR App
FACTS At the CES 2020 in Las Vegas, Mastercard introduced an Augmented Reality app enabling cardholders to search through and have access t...
Belgian Banks Joining Forces on Building Shared ATM Network
FACTS Belfius, BNP Paribas Fortis, ING and KBC Bank are joining forces to create a shared ATM network: a response to shared cash management...
FinTec: Qard Boosting E-Merchants’ Cash Flow
FACTS The French start-up Qard, which features lending offers for small and medium-size merchants, would be getting a €600,000 funding seri...
In-Car Payment: Alexa to Pay for Fuel
FACTS During the CES 2020, Amazon announced a strategic partnership with ExxonMobil and Fiserv.
Insurly Addressing Redundant Insurance Subscriptions
FACTS The French start-up Insurly stands out with a hybrid offer to merge InsurTech and TravelTech. They intend to address the issue of red...
Amazon Applying Hand Vein Recognition to Payments
FACTS The e-commerce giant Amazon recently filed a patent where they describe a biometric payment system relying on hand vein recognition. ...
Payments News in Brief – December 2019
Players’ Strategy UNITED KINGDOM – Monese lets their UK customers open joint accounts and starts featuring joint accounts in euros for EEA ...
Ripple Raises $200M
FACTS Ripple, the San Francisco-based Blockchain specialist, just raised $200 million, lifting their valuation to $10 billion.
Cryptocurrencies: a First AMF-Approved ICO
FACTS The Autorité des marchés financiers (AMF – French financial markets regulator) just granted their first approval for a fundraising tr...
