This week at FintechWeekly: A very interesting article about the Wirecard scandal. Furthermore it is about Mastercard sliding deeper and deeper into the world of Fintechs. In the third top story this week we have a contribution to 3 APIs that could revolutionize banking. Thanks for reading - Max and the FintechWeekly Team
Mastercard is buying another fintech, this time scooping up Finicity in a transaction valued at nearly $1 billion.
Application programming interfaces (APIs) have been around for 20 years or so, but you might not know it looking at most US-based banks.
Wirecard AG, a German payments processor, was once touted as a darling among analysts and investors for its growth story, which saw it go from a minor player to one of Germany's biggest companies in just over a decade.
Wirecard is filing for insolvency, days after revealing a gaping €1.9 billion hole in its accounts.
Curve, the London fintech that is re-bundling various financial products by letting you consolidate all your bank cards into a single card and app, is partnering with Samsung in the U.K. to power its forthcoming debit card, which is scheduled to launch later this year.
By the end of last year, software startup ScaleFactor had emerged as a buzzy financial services company, raising $100 million in 12 months from big-name investors including Bessemer Venture Partners and Coatue Management.
If the company name Pipe sounds familiar, it is because you read about them just four months ago when we wrote about the startup’s $6 million seed funding, led by Craft Ventures.
As the number of bitcoin ATMs soars, one crypto analytics firm suggests they are increasingly being used to sidestep anti-money laundering (AML) controls.
Brazil’s Central Bank and antitrust regulator suspended Facebook Inc.’s WhatsApp messenger payment features in the country, the app’s second-biggest market with more than 120 million users.
New York's financial regulator is preparing to remove a number of regulatory hurdles impeding the development of cryptocurrency businesses in the US state.
A friend of mine, Alessandro Hatami, wrote an interesting piece on Sifted that I shared in my news yesterday. He claims that neobanks like Monzo and Starling are not reinventing banking at all. They’re just modifying and improving it.
European Fintech Association’s board currently consists of members from six leading European fintechs.
What will have the biggest impact?