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EBAday 2019: Is cashless across Europe attainable?

/payments

EBAday 2019: Is cashless across Europe attainable?

The message is clear at EBAday 2019: Sweden does not accept cash. While the ABBA Museum may prefer card or mobile payments, Frantz Teissedre, head of interbank relationships at Société Générale, believes that a purely cashless society across Europe may be ambitious.

EBAday 2019: What’s more likely, JPMorganEats or UberPay?

/E-commerce

EBAday 2019: What’s more likely, JPMorganEats or UberPay?

Are Instant Payments and Open Banking a match made in heaven? The resounding answer was yes at an EBAday 2019 session on the current status of real-time payments and open banking initiatives in Europe.

PPRO buys allpago

/payments

PPRO buys allpago

UK cross-border e-payments firm PPRO has acquired Latin American counterpart allpago. Financial terms of the deal were not disclosed.

Amazon targets unbanked with 'Credit Builder' card

/E-commerce

Amazon targets unbanked with 'Credit Builder' card

Amazon has teamed up with Synchrony Financial to launch a secured credit card targeted at Americans with no credit history or bad credit.

S Korea bemoans slow pace of its fintech market

/E-commerce

S Korea bemoans slow pace of its fintech market

An immature ecosystem and a lack of competition is slowing down South Korea's fledgling fintech industry according to the country's financial regulator

Millions of Brits go cashless amid rise of contactless and mobile banking

/payments

Millions of Brits go cashless amid rise of contactless and mobile banking

With mobile banking and contactless payments becoming ever more popular in the UK, one in 10 Brits now live a largely cashless life, according to figures from UK Finance.

Payment firms raise fears over EU security rules

/E-commerce

Payment firms raise fears over EU security rules

A lack of preparedness for the EU's new regulations on authentication could cost Europe's online economy more than €50bn according to a number of payment processors and e-commerce merchants.

Tencent leads $35m investment in UK fintech

/E-commerce

Tencent leads $35m investment in UK fintech

Chinese e-commerce giant Tencent is heading up a $35 million financing round for UK-based startup TrueLayer, further adding to its growing portfolio of fintech investments.

Money 20/20 Europe 2019: The future of B2B banking

/E-commerce

Money 20/20 Europe 2019: The future of B2B banking

What can we expect from the banking industry in 2019? The second day of sessions at Money 20/20 Europe 2019 answers this question, with Drew Graham, director, digital strategy at Barclays, kicking off proceedings with Claire Calmejane, group chief innovation officer at Société Générale, Dr. Leda Glyptis, 11:FS Foundry CEO and chief of staff at 11:FS and Anne Boden, CEO and founder of Starling Bank.

EBay partners Santander-backed app to offer UK sellers loans

/retail

EBay partners Santander-backed app to offer UK sellers loans

EBay has teamed up with Santander-backed fintech app Asto to offer cash flow loans to the online marketplace's small business customers in the UK.

China UnionPay to offer European credit cards

/E-commerce

China UnionPay to offer European credit cards

The world's biggest card issuer, China UnionPay, has stepped up its European ambitions after striking a deal with a UK back-office startup, Tribe Payments, that will see it offer debit and credit cards in Europe.

WorldRemit nets $175m in latest financing round

/E-commerce

WorldRemit nets $175m in latest financing round

UK-based mobile payments firm WorldRemit has raised $175m in a series D funding round that it says will be used to launch a new payments business aimed at the small and medium enterprises (SME) sector.

SafeCharge agrees £699 million acquisition by Canada's Nuvei

/E-commerce

SafeCharge agrees £699 million acquisition by Canada's Nuvei

Canadian payments firm Nuvei is to buy British payments technology outfit SafeCharge for £699 million in an all-cash transaction.

Live: FusionONE 2019 - day two

/devops

Live: FusionONE 2019 - day two

Welcome to Finextra’s live coverage of FusionONE 2019. The second day of the conference will tackle issues that concern the developers before breaking into streams, focusing on different products.

Payments-as-a-service API platform Modulr raises £14m

/E-commerce

Payments-as-a-service API platform Modulr raises £14m

Modulr, a London-based payments-as-a-service API platform for digital businesses, has raised £14 million in a funding round led by Frog Capital.

Visa partners Bahrain FinTech Bay

/E-commerce

Visa partners Bahrain FinTech Bay

Visa is teaming up with Bahrain FinTech Bay to boost the financial technology ecosystem in the Kingdom.

ING joins $14 million round in consumer credit app Twisto

/E-commerce

ING joins $14 million round in consumer credit app Twisto

ING has joined in a $14 million funding round in buy now, pay later app Twisto.

Singapore's UOB launches utility marketplace

/retail

Singapore's UOB launches utility marketplace

United Overseas Bank (UOB) in Singapore has launched an online utility marketplace, helping users find and sign up to the best deals for electricity, gas, water, broadband and TV services.

Checkout.com raises $230 million

/payments

Checkout.com raises $230 million

London-based payment processor Checkout.com has raised $230 million in Europe's largest-ever Series A funding round.

Facebook Marketplace lets users buy directly

/payments

Facebook Marketplace lets users buy directly

Facebook Marketplace users in America can now pay for their purchases directly on the platform and then get their goods shipped to anywhere in the country.

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