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U.K. digital payments provider and challenger bank Revolut is closing soon on its latest fundraising round with investors, including Technology Crossover Ventures, providing a $7 billion to $8 billion valuation for the startup.January 17
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Criminals will react to the EU legislation by changing their modus operandi, says Nets' Sune Gabelgard.January 17
Head of digital fraud, intelligence and researchNets -
While not as large as the U.S. both in number of people and number of credit card owners, the U.K. remains a very lucrative market for issuing banks and card networks, as well as a host of alternative financial service providers catering to younger, underserved consumers.January 17
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The fintech Sezzle has finally received its point-of-sale lending license in California after agreeing to refund consumers in the state and pay a penalty for previously making illegal loans there, the California Department of Business Oversight said Thursday.January 17
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Terrorism financing schemes using cryptocurrencies are growing in sophistication, according to researcher Chainalysis Inc., which helps law enforcement track digital-coin transactions.January 17
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Small and midsize businesses often struggle to manage their cash, requiring new means to move funds, said Finsync's Eddie Davis.January 17
Vice president of business developmentFinsync
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The move to dump passwords in favor of more flexible authentication will likely happen in clusters, with schools providing many of the factors necessary.January 17
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Plaid may be a more problematic acquisition than Visa made it out to be. But without Visa, those problems were likely to get a lot worse.January 16
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French mobile payments app Lydia has raised €40 million (about $45 million) in a Series B fundraising round led by Tencent Holdings, owner of WeChat Pay.January 16
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Having grown up with smartphones in hand, these digital natives crave high speed and instant results, says Wirecard's Susanne Steidl.January 16
Chief product officerWirecard
