Fintech Staff Writer - Financial Technology Insights

April 25, 2023
Fintech Staff Writer
Banking

NextGen Nordics: Banks and fintech companies are now adversaries

Gary Wright, the head of research at Finextra, returned to the podium and said that in order to promote global trade and financial inclusion in 2023, it will be...

April 25, 2023
Fintech Staff Writer
Payments

iDeal and Payconiq will be acquired by European Payments Initiative

The European Payments Initiative, a bank-backed initiative originally created to create a competitor to Mastercard and Visa in Europe, will purchase the Dutch payment system iDeal and Payconiq, a...

April 21, 2023
Fintech Staff Writer
Banking

Government-funded support programme for UK tech is unveiled by Barclays.

Barclays Eagle Labs’ two-year, government-funded support programme for UK tech companies has now been made public. In a contentious decision earlier this year, Barclays received the £12 million Digital...

April 21, 2023
Fintech Staff Writer
Cryptocurrency

Shield Acquires $2.1 Million in Capital

Shield, a security firm that works to shield users from online scams, has secured $2.1 million in pre-seed funding from Kraken Ventures, Eterna Capital, Alchemy, Moonpay, and several other...

April 20, 2023
Fintech Staff Writer
Banking

Global banks are utilising fintechs to improve customer satisfaction, according to research

According to research carried out by East & Partners on behalf of Finastra, three out of four global banks intend to collaborate with an average of three fintech startups...

April 20, 2023
Fintech Staff Writer
Payments

P27 Nordic Payments cancels its second clearing application.

P27 Nordic Payments (P27), the biggest regional, cross-border, instant payment project ever attempted, is not certain of its future. The company informed Finansinspektionen, the Swedish Financial Supervisory Authority, in...

April 19, 2023
Fintech Staff Writer
Payments

GoDaddy will take contactless payments devoid of a dongle or card reader.

Using the iPhone’s Tap to Pay feature, GoDaddy’s mobile app enables millions of small businesses to quickly accept contactless payments. GoDaddy, Inc. (NYSE: GDDY), a business that supports thriving...

April 19, 2023
Fintech Staff Writer
Cryptocurrency

The Wirex Private Service is announced by Wirex.

With more than 5.5 million customers, the top payments platform Wirex has introduced Wirex Private. Aimed at Wirex’s expanding group of wealthy customers, it will provide a high-end service...

April 18, 2023
Fintech Staff Writer
Insurance

Everest nicknames President of North America Insurance, Mike Mulray

Mike Mulray has been appointed as Executive Vice President and President of North America Insurance by Everest Re Group, Ltd. (“Everest”) (NYSE: RE), a global underwriting leader offering best-in-class...

April 18, 2023
Fintech Staff Writer
Banking

Owners Bank for Small Businesses is introduced by Liberty Bank.

A new digital bank responds to the unmet needs of small businesses by providing high-tech, high-touch solutions that facilitate better financial management and quicker cash access.