EU Council Adopts Instant Payments Regulation
The Council of the European Union has adopted new regulation that will make instant payments in the euro currency available to all EU and EEA members The Council of the…
The challenges of BNPL in a ‘polycrisis context’
Launched in the 2010s thanks to the development of ecommerce, the concept of Buy Now, Pay Later (BNPL) is about to enter a new chapter in the European payments ecosystem….
Canada lifts sanctions against businessman Oleg Boyko
Oleg Boyko, international businessman, has been removed from the list of persons against whom the Government of Canada previously decided to impose sanctions against Russia in connection with its invasion…
Swift and Visa have moved to strengthen the connectivity between their networks in a move designed to streamline international B2B payments.
Unveiled at Sibos in Toronto, the partnership sees Visa deploy Swift Pre-validation for upfront checks of its B2B Connect payments, catching potential errors before payments are even initiated. The networks…
Google to open major fintech centre in India’s new smart city
Google is to open its global fintech operation centre in India’s first “greenfield smart city”, as it invests $10bn in India’s digitisation fund.The announcement was made by Google CEO Sundar…
Open Banking Could Serve Big Tech by Allowing them to Offer Tailored Digital Financial Services: Report
The Juniper Research report noted that Open Banking has “been revolutionary for TPPs; helping them extend the scope of their offerings beyond just banking and into other areas with enhanced…
The outlook for banking sector M&A in 2023
Alan Bainbridge and Albert Weatherill highlight key trends across the banking sector and share their insights on the forces shaping deal activity. There continues to be longstanding speculation in the market about…
Investment in B2B fintech set to continue to outpace B2C fintech in 2023, experts say
Investment in B2B fintech in Europe to date has reached $18.5bn in 2022, which outstrips the $7.5bn invested in B2C fintech in 2022- and experts believe this gap could grow even…
The Fintech 250: The most promising fintech companies of 2022
The Fintech 250 is CB Insights’ annual list of the 250 most promising private fintech companies in the world. This year’s winners are shaping the future of B2B and B2C…