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Payments & Remittances

Iren picks SIA to bolster its PSD2-enabled payment services

Italian multi-utility provider Iren has picked payment services company SIA to launch of advanced payment services thanks to the innovations introduced by PSD2.

eTranzact lost 100% of its profits in Q2 after it recovered from a fraud

The problems don't seem to be over for Nigerian electronic payments provider eTranzact after it reported it incurred a loss of $306,623 in the second quarter, wiping away the recovery it had enjoyed after a 2018 fraud scandal.

19 FinTech funding rounds from the last week that you better not have missed

From cybersecurity unicorn Snyk's $200m funding round to payment service provider startup Mollie's €90m new cash injection, the last week was full of FinTechs completing funding rounds.

This is what the FCA wants firms to consider when closing ATMs

The Financial Conduct Authority (FCA) has finalised its expectation for firms when they consider closing branches or ATMs, or converting a free-to-use ATM to pay-to-use.

Hungarian startup PeasyPay vying Spanish and British expansion

PeasyPay, a bieometric-based payment company, is looking to expand its reach from its native Hungry to Spain, Slovenia and the UK.

Zwipe secures $10.63m in post-IPO raise

Biometric-enabled payment company Zwipe has raised NOK96m ($10.63m) in a post-IPO round to fuel the further development of its service well into 2021.

The European Commission is investigating Visa on how it treats FinTech companies

Visa is being investigated by the European Commission in regards to how it treats FinTech companies in its network.

23 FinTech rounds raised in the last week

Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.

HMRC runs £3m open banking tender

Her majesty's Revenue and Customs (HMRC) is running a £3m open banking tender.

Nium receives licence to issue e-money and provide cross-border digital payments in the UK...

The Financial Conduct Authority has given Singaporean FinTech Nium an Electronic Money Institution (EMI) licence.

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