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Metro Joins Bacs For SMB Direct Debits

PYMNTS

challenger bank Metro Bank has joined the Pay.UK-operated operated Bacs and partnered with Boston payments firm Bottomline Technologies to enable direct debits for small to medium-sized businesses (SMBs), Metro announced on Wednesday (Feb. SMBs and FinTechs. Unlike the U.S.,

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Metro Cash And Carry Launches App To Help India Shops Digitize

PYMNTS

The Indian arm of German retailer Metro Cash and Carry has announced the launch of an app for kirana stores, allowing retailers to order stock, keep a check on inventory, and facilitate payments directly from their smartphones. There are plans to launch the app across all of its 27 stores in 17 cities in the near future. “The

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High-Profile — But Secretive — Funding For B2B FinTechs

PYMNTS

While Khanna added that it’s “hard to say” whether venture capital funding is getting easier for startups, there is evidence that FinTech — and, specifically, B2B FinTech — is headed for a solid year. that looks to apply distributed ledger technology to payments and settlement. Procure-To-Pay. Tradeshift. Blockchain.

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US Finance Crimes Org Calls For Private Sector Innovation

PYMNTS

The Innovation Hours Program will provide financial technology (FinTech) and regulatory technology (RegTech) companies and financial institutions the opportunity to present their new and emerging innovative products and services to FinCEN,” the organization said in the release.

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Scottsdale Community Bank: Making microloans

Independent Banker

embraces a combination of the latest technology and traditional beliefs about finance and business growth. The technology it uses allows it to maximize efficiency while minimizing costs in its operations. Besides using the latest technology, Scottsdale Community Bank relies on truly personal service.

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Currencycloud, Iwoca Next To Land RBS Funds

PYMNTS

FinTechs have been named as the next winners of funds from the Royal Bank of Scotland (RBS) to boost financial services and increase competition in the U.K. The funds will also enable the challenger bank to develop a digital small business toolkit, create jobs and invest £15 million into its own technologies and services.

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Banco BASE Taps Volante For Payments; Azimo Receives Dutch Central Bank License

PYMNTS

Coverage includes Mexico ‘s Banco BASE selecting Volante Technologies Inc. Azimo says it has received a license from the Dutch Central Bank to operate in the Netherlands, Cubic Transportation Systems has notched a contract for a mobile ticketing system in Ireland , and Bear Market Coffee in Ireland has gone cashless.

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