PYMNTS

JANUARY 11, 2021

The new system is called "Raast," or "direct way," and will be rolled out in three phases culminating in early 2022, according to the news outlet. The app, called TAG, will work to provide assistance for the 100 million Pakistan adults who are unbanked.

Economics 95

Economics Banking 95

PYMNTS

DECEMBER 11, 2020

In today’s top news, FinTech startup Tink raised €85 million to bring its valuation to €680 million, and Starbucks plans to shift more toward drive-thru and online ordering. New Funding Values Swedish FinTech Startup Tink at $824 Million. Plus, Airbnb shares soared in its first day of trading.

Valuation 56

Valuation Startups eCommerce Banking 56

PYMNTS

FEBRUARY 19, 2018

With the advent of emerging FinTech startups, banks face some competition for payments. As a result, banks are investing in and engaging with FinTech startups to grow their customer base and their market share. That news comes as apps such as Earny can analyze credit card spending. Since Apple launched Apple Pay in the U.S.,

Startups 57

Startups Retail Banking eCommerce 57

PYMNTS

APRIL 12, 2019

The firm has also invested in FinTech startups. The news comes as PayU announced the acquisition of payments technology platform ZOOZ last July. In a press release at the time, PayU said the price tag was undisclosed, but noted the deal supported the company’s expansion into high-growth markets.

Leadership 43

Leadership Startups Securities Investments 43

PYMNTS

NOVEMBER 6, 2019

Over the next months, we will be testing Billon’s solution and evaluating the potential added value for our customers,” Maximilian Schausberger, head of fintech partnerships at Raiffeisen Bank International, said in a press release. That bank sells it to a wholesaler network down to a corporation.

Advertising 40

Advertising Compliance Securities Banking 40

PYMNTS

APRIL 22, 2016

And that could be good news for FinTech firms or, rather, the folks who start them up and steer them into the arms of large-pocketed suitors. FinTech companies have been doing a good job of eating into banks’ turf, and yet it is the banks that are seemingly watching without really acting as quickly as they might or should.

Banking 41

Banking Valuation Currencies Technology 41

PYMNTS

FEBRUARY 28, 2017

In the payments and fintech space, users of Facebook Messenger now have a way to transfer money internationally—via TransferWise chatbot. TransferWise has become one of Europe’s better-known payment firms since breaking on the fintech scene back in 2011. While Facebook already allows its U.S. While Facebook already allows its U.S.

Numbers 40

Numbers eCommerce Marketing 40