Skip to content
FinTech RSS
PSD2 and Europe’s Open Banking Mandate – a PCM report
In a new report, PSD2 and Europe’s Open Banking Mandate, we aim to analyse the implications of the revised Payment Services Directive, PSD2, for the European banking industry and Open Banking challenges both for banks and FinTechs. The adoption of the revised Payment Services Directive (PSD2) is formalising the relationship between Banks and FinTechs by establishing [...]
The post PSD2 and Europe’s Open Banking Mandate – a PCM report appeared first on Payments Cards & Mobile.
Growing InsurTech sector tackles industry ripe for change
After 2 moderate quarters, VC investment into InsurTech startups was strong in Q2’17, with $745.4 million invested across 60 deals. Despite quarterly fluctuation in deal size and volume, the overall picture is one of increasing interest and investment in InsurTech innovations. Most deals have remained small, focused on seed and Series A rounds, though larger [...]
The post Growing InsurTech sector tackles industry ripe for change appeared first on Payments Cards & Mobile.
JP Morgan launch interbank payments platform on Quorum blockchain
JPMorgan Chase is set to launch a new interbank payments platform powered by the Quorum Enterprise-ready distributed ledger and smart contract blockchain platform. With the participation of two other banks – Australia-based ANZ and the Royal Bank of Canada (Australia) – the Interbank Information Network (IIN) will be built on Quorum, the ethereum-based blockchain network first unveiled last [...]
The post JP Morgan launch interbank payments platform on Quorum blockchain appeared first on Payments Cards & Mobile.
On The Pulse of FinTech – global investment continues at pace
Globally, the FinTech market made a strong rebound in Q2’17, with total investment more than doubling on a quarter-over-quarter basis to more than $8.4 billion. Large increases in private equity (PE) funding and M&A funding propelled the increase, while the amount of venture capital (VC) investment held relatively steady. Business-to-business (B2B) related FinTech investments gained [...]
The post On The Pulse of FinTech – global investment continues at pace appeared first on Payments Cards & Mobile.
National payment systems in the open era
The basic movement of money from A to B is changing. It’s becoming faster, embedded and more open ecosystem driven. Whereas payments used to be cleared and settled in days, now funds are available to the beneficiary within seconds. Whereas banking and payment products used to be offered exclusively by banks, now new players are [...]
The post National payment systems in the open era appeared first on Payments Cards & Mobile.
