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London FinTech SumUp Gets Digital Money License From Irish Central Bank

PYMNTS

The FinTech also has eCurrency licenses in Lithuania and the U.K. SumUp has been active in Ireland since 2012 and has introduced electronic payments to thousands of businesses. The new license from Ireland’s financial services regulator will enable SumUp to offer its services across 26 European countries.

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FinTech Affirm Raises $500M In Latest Funding Round

PYMNTS

The privately-held FinTech was founded in 2012 as an installment loan provider for shoppers to finance a purchase. Shopify offers a subscription software service that provides an eCommerce platform for online stores and retail POS systems. 17) in a press release , bringing its total funding raised to more than $1.3 million U.S.

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Emailage Embarks On ‘FinTech Roadshow’

PYMNTS

Arizona-based startup Emailage — the identity verification company delivering risk scores to financial institutions (FIs) and online merchants based on customers’ email addresses — announced news that it’s going on tour. The company is calling it the “FinTech Roadshow.”. First, on Oct. 11 through Oct. 23 through Oct.

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KYC Still Time-Consuming and Not Standardized in Fintech, SWIFT Says

Bank Innovation

KYC is a key tenant of our product set, part of a unit of SWIFT we launched in 2012. EXCLUSIVE— A time-consuming and costly area of banking, Know Your Customer (KYC) and due diligence maintenance could use an upgrade, global payments provider SWIFT told Bank Innovation. It’s part of a bigger play for us,” Paul Taylor, […].

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

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Today In Digital-First Banking: MercadoLibre Gets License From Brazil, Alacriti Collaborates With Glia On Customer Service

PYMNTS

In today’s top digital-first banking news, MercadoLibre has been granted a license from Brazil’s central bank, while payments FinTech Alacriti has teamed with Glia on new customer service options for payments needs. Alacriti, the payments FinTech, has teamed with Glia on new customer service choices for payments needs.

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Mazooma, Plaid Team Up To Advance Payments For iGaming, Sports Betting

PYMNTS

Gaming FinTech Mazooma has formed a partnership with FinTech data network Plaid to bring an instant transfer solution to the iGaming and sports betting industry, according to a Tuesday (Nov. Plaid, founded in 2012 in Silicon Valley, was acquired by Visa earlier this year. . 10) press release. About 75 percent of U.S.

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