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Channel: FinTech – Finance Magnates | Financial and business news
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Revolut Adds Google Pay for Payments in Europe

The search engine giant is aggressively expanding the reach of its payments application.

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Google Pay Adds Checking Accounts, Insights and Budgeting Tools

The brand new version, which still in an invite-only “early access” mode, now offers built-in budgeting and spending tools

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dxFeed Upgrades Offering with 5th Generation of Market Data Platform

The upgraded platform unifies access to market data feeds from a variety of global exchanges.

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MUFG Delays Decentralized Payments Network Launch Until 2021

The payment network will be able to handle up to 10 million transactions per second.

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Starling Becomes First Digital Bank to Post Profits

The bank generated an operating profit of £0.8 million in October.

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PayPoint Sees Double-Digit Fall in H1 Profits

The company is in the process of selling its Romanian operations.

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Qred Gains Swedish Payments Services License

The fintech startup is operating in six countries now.

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Beeks Collaborates with Singapore Stock Exchange to Remove Trade Barriers

The Group announced a new co-location as a Service (CaaS) partnership to provide ultra-fast connectivity to SGX.

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Ripple Exits from 33% of Its MoneyGram Investment

The company will sell around 4 million MoneyGram shares by March 31, 2021.

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Payments Firm PingPong Gains Luxembourg’s EMI License

The startup is planning to introduce an electronic money wallet.

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Unlimint Expands Offerings in Mexico with Acquiring Services

This addition will enable merchants to take installment payments from buyers.

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Stripe Reveals New Solution with Embedded Banking Services

Stripe has enabled standardized access to banking capabilities by expanding its US bank partner network.

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MAS Approves 4 Applications of Digital Bank License in Singapore

The regulatory authority approved applications of Ant Group, Grab, Sea Limited, and Greenland Consortium.

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Revolut Offers Businesses Instant Access to Customers’ Card Payments

The new product charges a low 1.3% fee for UK and EEA card payments, and a 2.8% fee for all other card payments

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Is it Time for RegTechs to be Regulated?

There is increasing confusion by financial institutions and regulators about the differences between FinTechs and RegTechs.

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Exclusive: iSignthis CEO Finds ‘Factual Issues’ in ASIC’s Lawsuit

The regulator is blaming the company for misleading investors and not disclosing the end of its Visa relationship.

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TipRanks Announces UK Launch, Identifies Top Analysts

Britain became the first market outside North America available to the direct clients of TipRanks.

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Orca Security Raises $55 Million with Plans for Expansion

The startup raised a total of $82 million within only two years of existence.

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Singapore’s Fintech Investments Jumped 300% in Q2

The total fintech investments surged to $278 million in the second quarter, compared to $68 million in Q1.

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Leverate Co-founders’ New Startup Secures $18.6M in Funding

Unit was co-founded by Itai Damti and Doron Somech, the Co-founders of B2B trading tech provider Leverate.

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