fintech news

News about fintech companies

New South Korean Digital Bank ‘Kakao Bank’ Signs Up 1M Users in Five Days
August 1st, 2017

One of South Korea’s first digital-only banks signs up more than one million account holders in its first few days surpassing another online-only K-Bank.

TransferWise Announces Apple Pay Support for Money Transfers in the US
July 29th, 2017

The London-based financial technology startup will enable customers in the United States to transfer money via its platform using Apple Pay.

UK Fintech Startup Curve Launches ‘Financial Time Travel’ for Your Credit and Debit Cards
July 6th, 2017

Curve provides one card that can aggregate all of their existing Mastercard and Visa payment cards and lets you retroactively switch the card you use to pay.

New Banking App Curve Launches ‘Financial Time Travel’
July 5th, 2017

World-first, patent-pending technology means people can switch bank card used for a transaction, up to two weeks after buying something, with just a tap.

FinTech50: The 50 Top Financial Startups in Europe in 2017
June 8th, 2017

The annual FinTech50 list of European most prosperous fintech companies has been published with the UK obviously dominating the rundown.

Chinese Central Bank Sets up Fintech Committee
May 15th, 2017

The new fintech body is aimed at improving financial research, coordination and planning, China’s central bank announced on its website on Monday.

UK and Hong Kong Regulators Sign FinTech Cooperation Agreement
May 12th, 2017

The regulatory bodies aim to foster financial innovation through a partnership that will support fintech startups seeking to grow their businesses.

Barclays Opens Europe’s Largest FinTech Site in London
May 3rd, 2017

The UK’s leading bank has announced the opening of the new innovation site in London, which is set to be the largest financial technology centre in Europe.

PayPal Teams up with Android Pay to Make Paying with Your Mobile Phone Easier
April 18th, 2017

Android Pay users in the US will soon be able to make payments with their PayPal balances at thousands of new retailers, including Walgreens, Dunkin’ Donuts and Subway.

‘Next-Gen UK Settlement System Will be Blockchain Compatible,’ Says Bank of England’s Governor
April 12th, 2017

The UK’s central bank has developed its own Proof of Concept ledger and will make the next version of its interbank payments system compatible with settlement in a distributed ledger.

FinTech Company Tramonex Partners with WeChat to Boost Their WeChat Pay Feature
April 5th, 2017

The cooperation will allow the increasing number of Chinese travelers in the UK to purchase goods and services via the WeChat Pay application on their mobile phones.

FinTech Provider Tramonex Partners with WeChat to boost their WeChat Pay Feature
April 4th, 2017

WeChat Pay, a mobile payment service on WeChat Chinese messaging app partners with payments solution provider Tramonex to further enhance their mobile wallet functionality, WeChat Pay.

FinTech Network Publishes Whitepaper Named ‘Four Blockchain Use Cases for Banks’
April 3rd, 2017

The company not only described the potential use cases of the blockchain technology for banks, but also identified the main issues impeding its wider adoption in the sector.