payments
Canadian fintech investment plummets
Canadian fintech companies saw US$810 million in total investment across 85 deals in the first half of 2022, down from...
UK’s bank branch sharing project to be extended
The first two bank hubs were launched last year in Essex and Cambuslang, outside Glasgow in Scotland. Both are run...
APP fraud victims to get mandatory reimbursement rights under new PSR rules
Currently, over three quarters of bank customers have failed to win reimbursements from banks after falling victim to APP fraud,...
Visa and Mastercard blame increased risk of fraud for post-Brexit fee hikes
In October 2021, Visa and Mastercard increased cross-border interchange fees on purchases made by UK consumers to European businesses. Fees...
DoorDash launches co-branded card with Chase
The DoorDash Rewards Mastercard will allow cardmembers to unlock benefits and earn rewards on purchases both on and off the...
Citi invests in Latin American open finance firm Belvo
Citi Ventures joins Visa as an investor in Belvo, which closed a $43 million Series A funding round last June....
UK fintech investment takes a dive
Geopolitical uncertainty, turbulent public markets, ongoing supply chain disruption, high levels of inflation and increasing interest rates all contributed to...
Revolut rolls out BNPL product in Ireland
Revolut claims that Pay Later is the first BNPL product in Ireland to use an approved credit limit, designed to...
SmilePay rolls out face payments in Azerbaijan
SmilePay has secured an investment from the biggest acquirer bank in Azerbaijan, Pasha, and formed deals with the Bravo and...
FedNow real-time payments service to launch next summer
The Fed is targeting a production rollout of the service for between May and July, finally bringing to conclusion a...
