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Ingenico buys payments firm Bambora for €1.5bn

Bambora

In payments, the big guys just keep getting bigger and more diversified. Paris-based Ingenico Group has announced its €1.5 billion ($1.74 billion) purchase of Stockholm-based payments company Bambora from Nordic Capital.

Bold statement three: statements from around the bleeding edge of innovation

e-commerce

Hello all and apologies it’s taken a little while to get to the third instalment of the series about “pet peeve statements”. For those who are new, I am talking about those bold, declaratory statements that puff up the chest and make people feel awfully progressive and far sighted – and as I have said before, all sound and fury, signifying stormy waters ahead!

Interview: Nelson Holzner, AEVI – imagination will take you everywhere

Nelson Holzner, AEVI

Nelson Holzner, newly appointed CEO of AEVI, talks to Banking Technology about the importance of innovation and simplification, and addressing real-life problems with working solutions. “Do more” is AEVI’s motto.

iZettle reports strong growth, possible IPO

iZettle gears up for IPO

Swedish financial technology company iZettle is reporting a 60 percent jump in revenues compared with 2016, and CEO Jacob de Geer is talking IPO.

Curve takes users “back in time”

♫ If I could turn back time ♫

Payments start-ups usually boast about their ability to future-proof their technology. For UK payments start-up Curve, a big part of its appeal is helping users go back in time.

Top fintech stories this week – 30 June 2017

Banking Technology logo

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Alipay comes to Spain with BBVA

Alipay comes to Spain

BBVA has signed an agreement with Chinese tech giant Ant Financial to enable Chinese tourists to pay in Spanish stores using the Alipay mobile wallet. BBVA is the first Spanish financial institution to be working with Alipay.

Payscout launches virtual reality commerce with Visa’s help

Payscout and Visa launch the world’s first VR commerce platform

Payment processor Payscout has launched a virtual reality (VR) system that employs Visa Checkout and enables consumers to examine products before ordering them for delivery to shoppers’ homes.

IBM and seven European banks team for SME trade finance blockchain project

SAP launches Blockchain-as-a-Service

A group of seven large European banks, Digital Trade Chain Consortium, have turned to IBM to build and host a new trade finance platform, based on IBM Blockchain powered by Hyperledger Fabric.

Wirecard’s new POS suite offers merchants power of data

Wirecard

Wirecard has launched a new POS service that integrates self-learning technology to help retailers increase customer conversion, reduce attrition rates, predict future consumer behavior and link points of sale with e-commerce.

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