Blockchain and what happened during our stay in South Africa?

By Carlo R.W. De Meijer, Independent, for Finextra

In the past three weeks we travelled throughout South Africa. Our main focus was on the country, the people, the safaris, the Big Five. But not on blockchain! Now being back home I am curious what happened in between in the blockchain area. So let’s have a look. (more…)

About, Banks, Blockchain, Fintech news, Global trends, Government activities

December 23, 2016


How Open APIs Are Reshaping the Future of Payments

By Hugh Cumming and Vinay Prabhakar for LTP

Open APIs promise to fundamentally transform the experience of payments for end-users, ranging from private individuals to global corporations. (more…)

About, Banks, Fintech news, Global trends

December 22, 2016


Finextra’s year in review

As Finextra pulls the shutters down on 2016, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 3 January 2017. (more…)

About, Fintech news, Global trends

December 22, 2016


Goldman, BofA blockchain patents for coming wars


About, Banks, Blockchain

December 21, 2016


Technology trends and predictions for financial markets in 2017

By Michael Cooper for Finextra

The point of making predictions is not to be right, but to be ready. So with that purpose in mind, what might technology have in store for financial markets in 2017? (more…)

About, Fintech news, Global trends

December 21, 2016


Japan’s Aplus selects IBM LinuxOne for credit card processing

By Finextra

IBM (NYSE: IBM) today announced that Japan-based APLUS Co., Ltd., which operates credit card and settlement service businesses, has selected IBM LinuxONE® as its mission-critical system for credit card payment processing.  (more…)

About, Payment processors/providers/gateways

December 20, 2016


Walmart’s latest bid for the underbanked: A virtual prepaid ‘vault’

By John Adams for Payments Source

Issuers of prepaid cards often say their products are a good tool for budgeting, but it’s rarer to hear merchants market their own branded prepaid cards this way. (more…)

About, Pre-order services

December 20, 2016


Mitsubishi UFJ Capital joins Kyriba funding round

By Finextra

Kyriba Corp., the global leader in cloud-based treasury, cash and risk management solutions, today announced Mitsubishi UFJ Capital, a Tokyo-based venture capital firm specializing in electronics, healthcare, and technology investments, has joined Kyriba’s Series D funding round.


About, Deals

December 20, 2016


Unsung hero: the bootstrapped startup that forearmed its users against a cash famine

By  for TechInAsia

Some 200 households in the residential societies along the Baner-Pashan link road in Pune, near Mumbai, have been spared the pain of the sudden cash famine in India. (more…)

About, Fintech news, India, p2p/online lending, SME

December 20, 2016


Mobile is a ‘lifestyle,’ and other lessons from Alipay

By Casey Bullock for PaymentsSource

Alipay has grown to become the most widely-used online payment method in the world.


About, eWallets, Fintech news, Global trends, Mobile payments/banking

December 20, 2016


Nigerian fintech startup Paystack closes on $1.3M seed

By Finextra

Fintech startup, Paystack, today announces it has closed on Seed Investment of $1.3M from international investors Tencent, Comcast Ventures and Singularity Investments, with participation from Spark, M&S Partners, Tokyo Founders Fund, Blue Rinc Capital, Pave Investments, KIBS-CFY Partners, Michael Siebel, Justin Kan, Olumide Soyombo, Leonard Stiegeler and a number of Angels.  (more…)

About, Deals, Payment processors/providers/gateways

December 20, 2016


6 fintech startups from Asia that excited us in 2016

By  for TechInAsia

Fintech is going strong in Asia as the year draws to a close. According to the Pulse of Fintech Q3 2016 report by global audit and advisory firm KPMG, venture capital funding in Asian financial technology companies increased, reaching US$1.2 billion – outpacing even the US, where VC investment totaled US$0.9 billion. (more…)

About, AI / Machine Learning / Big Data, China, eWallets, Fintech news, India, Japan, p2p/online lending, Payment processors/providers/gateways, Philippines, POS/mPOS and online acquiring, Remittances, Singapore

December 17, 2016


The Real Gatekeepers of FinTech are Financial Institutions

By Elena Mesropyan for LTP

As groundbreaking and disruptive proprietary solutions may seem to their creators, their success in the market is rarely attributed solely to a solution itself – especially when it comes to financial technology. The surrounding ecosystem and critical industry stakeholders are the ones playing the biggest role in enabling growth and development of the startup community. (more…)

About, Banks, Fintech news, Global trends, Government activities

December 17, 2016


Starbucks: The Unlikely Winner in Mobile Payments

By Elena Mesropyan for LTP

Payments companies have traditionally been among the most financially attractive out of the whole FinTech array in addition to being the most represented globally. However, a conventional type of a payments service provider (PSP) is not all there is to payments. (more…)

About, AI / Machine Learning / Big Data, Fintech news, Mobile payments/banking, Pre-order services

December 15, 2016


UK online trading school raises $2 million

By  for

UK-based online trading school and education platform Investoo has raised $2 million in funding from Optimizer Invest, Kinetic Investments and Right Casino’s Sam Miranda.


About, Deals, Financial Markets / Trading, news

December 15, 2016


63 Companies Shaping Africa’s FinTech Ecosystem

By Elena Mesropyan for LTP

Africa is the largest unserved market that has dropped out of sight of the global financial system. Some estimates suggest that there are ~330 million adult Africans, who lack access to formal financial services, which signifies tremendous opportunities for financial technology companies that are ready to embrace them. (more…)

About, Global trends, Marketing Report

December 15, 2016


FinTech Chatbots – The Millennial Command Line

By Chris Gledhill for Finextra

I have a confession to make – I’m not really a millennial! Despite my liberal use of emojis in my tweets and the word ‘awesome’, the fact of the matter is I missed out on the crucial millennial cutoff point by a few months. I’m Generation X. The good part about being a generational inbetweener is that I remember a time before smartphones, a time before social networks and a time before the internet. I’ve had the pleasure of a front row seat witnessing the greatest period of technological change in human history and I’ve loved every bit of it!  (more…)

About, Banks, Bots, Global trends, Mobile payments/banking

December 14, 2016


88 International Startup Accelerators, Incubators & Innovation Labs Nurturing Innovators in Financial Services

By Elena Mesropyan for LTP

As the startup ecosystem grows in complexity and enrichment with technological advancements, banks and corporations rush to seize the opportunity to harvest the best solutions available. Innovation hunters have been looking for opportunities in different ways, one of which is to set an accelerator/incubator, innovation lab or some sort of a startup program. Let’s look at some of the interesting accelerators/incubators/innovation labs focused on financial and other types of technological innovations worldwide. (more…)

About, Accelerators/Incubators/Labs

December 13, 2016


Red means stop! Banking app cuts customer spending

By David Henry for Reuters

Traffic lights don’t just work for drivers, some bank customers obey them on their smartphones too. (more…)

About, Banks, Fintech news, Mobile payments/banking, PFM/PFP services

December 13, 2016



The Key To ePlumbing Cipher

By Mehul Desai for LTP

With the proliferation of mobile devices, the success of e-commerce has migrated to the mobile channel. The first step was to mobilize existing websites, effectively providing every e-commerce site with a mobile commerce extension. In addition to brick-and-mortar and the web, mobile became another channel. Over a period of time, it started to become obvious that the force of mobility was so significant that it had created its own paradigm. The expression mobile-first-strategy started to gain traction. E-commerce morphed into m-commerce, and with a firm presence in the real world, m-payments followed closely on its heels. (more…)

About, eWallets, Global trends, Mobile payments/banking

December 13, 2016


Why Do the Customers Keep Calling?

Enjoy the infographic by Bain & Company (more…)

About, Analytics, Banks

December 13, 2016


Blockchain and humanitarian causes: Helping those who need it most

By  for VentureBeat

Blockchain isn’t just for fintech. Several organizations, such as Bitnation, are using it to assist those in dire need, such as refugees and victims of human trafficking. (more…)

About, Blockchain, Global trends

December 12, 2016


Startup Investing for the Little Guy

By Jeff Brown for The Wall Street Journal

In the old days, an investor hoping to get in on the ground floor of the next Google orFacebook had a couple of options: have a friend or relative on the inside, or sign on with a big brokerage firm handling the startup company’s private placement—a sale of stock that hasn’t yet gone public. (more…)

About, Crowdfunding/investing, Fintech news, Global trends

December 12, 2016


The Illusion of Payment Disruption

By Mehul Desai for LTP

There has been growing discussion over the past few years on the new transaction rails, and how the Internet has disrupted payments just like other industries. Unfortunately or fortunately, the payments industry is not that easy to disrupt. Every serious attempt that has managed to garner some scale has ended up either enabling the legacy infrastructure or leveraging the existing infrastructure, merely becoming another delivery channel for the last mile. (more…)

About, Global trends, Mobile payments/banking

December 11, 2016


Smart Contracts: 12 Use Cases For Business And Beyond

By Lester Coleman for CryptocoinsNews

Smart contracts can automate many different kinds of processes and operations, the most obvious being payment and actions conditional on payment. But the capabilities extend to many business and organizational activities. (more…)

About, Analytics, Blockchain, Fintech news

December 11, 2016


11 Blockchain-Focused Startup Incubators as Unconventional as the Technology

By Elena Mesropyan for LTP

As the blockchain-focused community of entrepreneurs expands worldwide, so does the ecosystem aimed to support and nurture top-performing solutions. Being FinTech-focused is not enough – experienced professionals are branching out to blockchain-focused entities, incubating and accelerating development and deployment of DLT-based solutions across industries. (more…)

About, Blockchain, Cryptocurrencies, Fintech news

December 11, 2016


Fintech’s Road to Regulatory Acceptance Is Just Starting

By Thomas P. Vartanian for American Banker

The last month has seen a variety of financial regulators articulating their views concerning fintech. Their interest signals greater regulatory certainty for innovative firms looking to have national platforms. But these firms may soon learn that regulatory acceptance is a mixed bag. (more…)

About, Global trends, Government activities

December 10, 2016


Blockchain And Its New Rainmakers

By Jill Richmond for Forbes

Looking out at one of the technologies to have the greatest impact in the next decade or several isn’t what you think it is. It’s not big data, social media, robotics or artificial intelligence. In fact, it’s something that is still making it’s way into everyday lexicon at an extremely slow pace. It’s the technology that digital currencies like bitcoin are built on. It’s blockchain.   (more…)

About, Blockchain, Fintech news, Global trends, Government activities

December 9, 2016


Ring out the old, ring in the new

By Finextra

Sophie Guibaud, VP of European expansion at Fidor Bank looks back at the key banking tech trends of 2016 and what we can expect to rise to the top in the year ahead. (more…)

About, AI / Machine Learning / Big Data, Banks, Bots, Fintech news, Security, SME

December 9, 2016