EuropeRSS

Payments: Australia gives Swift instant results

Australia and Europe flag

Off the back of its involvement in Australia’s New Payments Platform (NPP), Swift has entered the instant payments market in Europe, with plans to launch a gateway solution in November 2018. The solution will enable instant payments to be made over the Swift network using a single gateway to connect to multiple instant payments systems across Europe.

Top fintech stories this week – 16 June 2017

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

Top fintech stories this week – 19 May 2017

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

The Bancorp sheds European prepaid operations

UBS and StatPro agree acquisition deal

US-based financial services group The Bancorp has closed the sale of its European prepaid properties to Neptune International.

SEC deals another blow to Bitcoin trading; ECB says “no” to blockchain

Regulators not keen on blockchain and Bitcoin

The US Securities and Exchange Commission (SEC) again has denied the listing and trading of Bitcoin, the decentralised digital currency. Meanwhile, the European Central Bank (ECB) has determined that whilst distributed ledger technology (DLT)/blockchain, has its advantages, it is not an option for the Eurosystem’s financial framework.

WeChat wants to grow payments in Europe and US

WeChat eyes Europe and US

WeChat is on the move again. The China-based social messaging and mobile wallet platform plans to expand its presence in Europe and the US, efforts that could bring it better relationships with advertisers, brands and payment providers.

Brexit pushes UK prepaid crew’s call for passporting rights

It'll be hard

As the UK has officially started the process of leaving the European Union, the Prepaid International Forum (PIF), a trade association for the prepaid financial services sector, urges Prime Minister Theresa May and the UK’s Brexit negotiators to avoid any scenarios involving trade barriers to the financial markets, especially in the fintech sector.

Banking Technology March 2017 issue out now

Banking Technology March 2017

The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.

Citi analyses VC investments in fintech for fresh insights

Who's investing in what? Citi investigates

Citi’s global perspectives and solutions team has issued a 100-page report on digital disruption in the fintech industry. It has analysed venture capital (VC) investments in the fintech industry between 2010 and 2016, as well as the emerging technologies across the globe.

Mobile payments and European millennials: saying and doing are two different things

Cara O'nions, Vocalink

Vocalink has unveiled its comprehensive research into the habits and perceptions of millennials when it comes to mobile payments. Turns out, this group is still waiting for the “Uber moment” of payments.

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