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The Bank-FinTech Tie-Up Evolves

PYMNTS

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their own expertise to augment FinTech solutions. In another bank-FinTech tie-up, J.P. Tyfone Connects FIs To Payrailz.

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Samsung Pay Crosses 1.3 Billion Transactions, But Falls Short of Apple Pay

Bank Innovation

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

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Let The Games Begin Edition: Samsung, Citibank & PayPal Step It Up

PYMNTS

In a rare reversal for the DoJ and big victory for two-sided markets, the judge found American Express’ rules on customer steering represented no harm for customers and that merchants who didn’t want to take American Express were under no obligation to do so. As of Wednesday (Sept. There are a few limits in play. The beta is U.S.-based

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Klarna Debuts Social Shopping In The UK

PYMNTS

Despite the shifting retail landscape, consumers are still looking for inspiration, convenience and value — and it’s become obvious that shopping online now goes far beyond just a transaction,” said CEO Sebastian Siemiatkowski in a statement. In June, Klarna unveiled a media campaign aimed at consumers in the U.S.

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SoFi Sees Investor Accounts Double Thanks To Fractional Shares

PYMNTS

CEO Anthony Noto told CNBC’s “Squawk on the Street” that the FinTech company’s investing platform has seen a significant uptick in user numbers since January. Our partnership with Samsung is really an extension of our ability to reach people to help them achieve financial independence and get their money right,” Noto told the network.

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Bustlingly Busy, Visa’s Vistas Expand

PYMNTS

Big Tech Battle of Market Caps : Amazon’s market cap has hit a significant milestone. With a new high of $900 a share, the company’s recent market cap stood at more than $430 billion. That’s nearly twice the market cap of Walmart and has three times the revenue of that stalwart eCommerce player. The lesson here?

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Ant Financial Acquires Minority Stake In Klarna

PYMNTS

China’s Ant Financial has acquired a minority stake in the Swedish split payments FinTech Klarna for an undisclosed sum, Klarna announced on Wednesday (March 4). Klarna, Europe’s most valuable FinTech, was founded in 2005 and has financial backers that include the rapper Snoop Dogg, who is also part of the company’s marketing.

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