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Collctiv’s co-founder Pete Casson on launching in the US

When people are messaging you on social media or jumping on live chats asking about your product, as happened with Collctiv ahead of its move into the US, that’s a sign you are on to something. Collctiv is a group payments app that allows a range of users to collect money in an “easy and […]

Fast and frictionless: Is embedded finance here to stay?

If fintech could be compared to a rapidly developing civilisation, we might argue that it’s currently living through its Age of Embedded Finance. Such is the popularity and prevalence of this concept, which McKinsey defines as the placing of a financial product in a non-financial customer experience, journey or platform, that embedded finance accounted for […]

PayQuicker appoints Nazuk Jain to lead product development

US-headquartered global payouts platform PayQuicker has announced the appointment of Nazuk Jain as head of product. In this role, Jain will build out PayQuicker’s product team, and lead new initiatives in its payouts-as-a-service products. She will also focus on new and existing product development, with emphasis on ROI for customers and partners. Jain joins from […]

Backbase appoints new CMO to support growth

Banking software firm Backbase has appointed Mark Appel as its new chief marketing officer. Appel will lead Backbase’s marketing organisation and support growth that has seen it reach €200m in revenue. Founded in 2003 and headquartered in Amsterdam, the Netherlands, Backbase digitises the customer-facing operations of banks to improve user experience. The software firm has […]

Wise launches environmentally friendly debit card

International money transfer firm Wise has launched an eco debit card in the EU and UK. The card, which is white and features a small logo, uses less ink than previous iterations. New materials used in its manufacture contain 80% less PVC (polyvinyl chloride) than standard debit cards, according to Wise. Wise also said the environmental […]

FCA to examine the impact of big tech on financial services

UK regulator the Financial Conduct Authority (FCA) is looking at the potential pros and cons of big tech entering the jurisdiction’s financial services markets. The regulator issued a discussion paper yesterday on the subject, noting that big tech firms can bring benefits to consumers by providing “innovative, efficient products and services”. But big tech, including Meta (the parent […]

NAB launches contactless payments app for small businesses

In what it describes as a first for a major Australian bank, National Australia Bank (NAB) has launched tap-on-phone payment technology for small businesses. The new Easy Tap app allows small businesses to accept contactless payments when customers tap their card or phone on an eligible Android device. This technology will make it easier for […]

SumUp launches new consumer payments app

Small business payments provider SumUp is expanding into the consumer space with a digital wallet designed to make shopping locally easier and more rewarding. The UK-based fintech’s first ever direct-to-consumer offering, the SumUp Pay app offers a secure payment mechanism for consumers and comes equipped with several features, including a virtual card and an integrated loyalty […]

SumUp launches Magic Pay for hospitality sector

SumUp has launched a new QR code payment solution for the hospitality sector. Called Magic Pay, the new solution from the UK-based payments provider enables multiple people to scan a QR code and receive a copy of the bill, which can then be split, tipped and paid, including via Apple or Google Pay. The solution can […]

Chip enhances savings experience with TrueLayer Payments

TrueLayer, an open banking provider in Europe, and wealth fintech Chip are teaming up to deliver an improved customer experience through dramatically faster account payments. Through the partnership, users of UK-based Chip’s wealth-building app, which provides investor access to real assets, diversified funds with the likes of BlackRock and savings, can “easily and securely” connect […]