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SumUp raises €285m to fuel global expansion

SumUp has secured €285m in a funding round led by Sixth Street Growth, with participation from Bain Capital Tech Opportunities, Fin Capital and Liquidity Group. The fresh funds are earmarked for expanding SumUp’s global presence and delivering the tools and services tailored for small merchants to support their business at every stage. Established in 2012, SumUp […]

Square launches Tap to Pay on iPhone for UK merchants

Square has introduced Tap to Pay on iPhone for its merchants throughout the UK, making it the third global market to benefit from this payment technology. The feature integrates within Square’s Point of Sale, Square for Retail and Square Appointments iOS apps, to streamline in-person sales for businesses. Having launched Tap to Pay on iPhone in the […]

Simon Kearsely debunks the myths surrounding AI in finance

The latest AI tools entered popular consciousness around a year ago now. Since then, hardly a day has passed without somebody declaring the view that we stand at the cusp of something revolutionary. Despite this excitement surrounding AI, it may be surprising to note that a mere 13% of business leaders have integrated the […]

NatWest and Revolut enables Tap to Pay for UK businesses

NatWest and Revolut are two of the first companies to enable Tap to Pay on iPhone for UK businesses. Apple’s contactless payment technology means less hardware for businesses and a secure payment for their customers. Tap to Pay accepts contactless payments via Apple Pay, contactless cards and other digital wallets. NatWest is bringing this feature […]

Quant explores benefits of CBDCs on Project Rosalind

Quant, a blockchain for finance provider, has announced its role as part of the vendor team for Project Rosalind. The project, led by the Bank for International Settlements and Bank of England, explored how application programming interfaces (APIs) could be used for central bank digital currencies (CBDCs), finding that they could play a key role […]

Money20/20: Rob Gatto, Paysafe

Rob Gatto, chief revenue officer at Paysafe, discusses the future of payments with FinTech Intel, including how AI could feature and what needs to be done to break down barriers to adoption. Can you tell me a bit about Paysafe and your role there? Paysafe is a global payments platform with a unique two-sided network that […]

Money20/20: Rob Gatto, Paysafe

Rob Gatto, chief revenue officer at Paysafe, discusses the future of payments with FinTech Intel, including how AI could feature and what needs to be done to break down barriers to adoption. Can you tell me a bit about Paysafe and your role there? Paysafe is a global payments platform with a unique two-sided network that […]

Chargebacks911 appoints two new board members

Chargebacks911 announced yesterday the appointments of Guy Harris as its chairman of the board and Eric M Hoffman as president of inter-bank solutions and board member. Harris, who is attending Money20/20 Europe with Chargebacks911 founder and chief executive officer Monica Eaton, joins the company from Bank of America, following his retirement as head of merchant […]

Chargebacks911 appoints two new board members

Chargebacks911 announced yesterday the appointments of Guy Harris as its chairman of the board and Eric M Hoffman as president of inter-bank solutions and board member. Harris, who is attending Money20/20 Europe with Chargebacks911 founder and chief executive officer Monica Eaton, joins the company from Bank of America, following his retirement as head of merchant […]

Stratiphy launches investing app

UK-based investment platform Stratiphy has launched its app on the Apple App Store and Google Play. The product had amassed a waiting list of 2,500 people ahead of its launch. The app uses data to provide insights and analytics to give customers “capabilities that had previously been reserved for financial professionals and investment banks”. It […]