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2016 FinTech investment landscape – post Brexit shakedown in UK
New figures prepared for Innovate Finance on UK FinTech investment show a 26% drop in funding for British startups, illustrating the Brexit effect. Overall global investment for financial technology increased by 27 % to $15.2 billion to Q3 2016 with 839 deals in total according to statistics compiled through Pitchbook, already surpassing the 2015 total [...]
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Finland launches first real-time mobile payments platform
Automatia says it has launched Finland’s first real-time mobile payments platform based on a multi-banking platform, named Siirto. Tieto has designed and implemented the service. Siirto is an open payment platform which follows the new regulations set by EU’s Payment Service Directive (PSD2), paving the way for new innovations and payment solutions within the financial [...]
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US Payments Forum launches new mobile and contactless payments effort
Mobile and contactless payments are an area of much debate among stakeholders across the ecosystem. Questions about implementation opportunities and challenges and the uncertain future for how mobile payments will evolve have made this an important topic to be addressed in an open forum in the US. The U.S. Payments Forum has announced the Mobile [...]
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Citi launch mobile wallet and unveils global API developer hub
Citibank has launched a closed loop mobile wallet dubbed Citi Pay as well as become the latest FI to open up its technology and architecture to third parties through the launch of a global API developer hub.. Citi’s new mobile wallet will provide customers with a mobile option for online, in-app and in-store payment needs. [...]
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PSD2: Opportunities and Risk from the latest regulation – Webinar
PSD2: Opportunities and Risk from the latest regulation – is an important set of webinars organised by PCM including expert knowledge from PSE Consulting and NCR. The Webinars are to be held in early December and are broke down into two parts: PSD2: Opportunities – Understanding the new Payment Services Directive (PSD2) regulation and the [...]
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