Payments

The Cost of Payments

The cost of payments is an elusive and mysterious topic. There is hardly a mention on the web, no clear definition or explanation found. The cost of payments is a double-edged sword. On one hand, it is a necessary evil and on the other, a formidable revenue driver. Regardless of...

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Fintech

Santander InnoVentures Invests in Tradeshift

London, 5 December 2016: Santander InnoVentures, the FinTech venture capital fund of Santander Group, today announced its latest portfolio investment in Tradeshift, a leading business commerce and supply chain finance platform based in San Francisco. The Santander InnoVentures investment will be used to further broaden Tradeshift’s capabilities, fuel the development...

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BankTech

Sberbank and Gett Announce the Signing of a Seven-Year $100-Million Loan Facility to Fund Gett's Further Expansion

November 30, 2016, Moscow – Sberbank recently announced the signing of a $100 million seven-year venture loan agreement for Gett (formerly GetTaxi), a rapidly-growing global on-demand mobility company with a presence in Russia, the US, the UK and Israel. The funds will be used to finance Gett’s continued business expansion. Furthermore, Sberbank...

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BankTech

Italy Becomes 10th Country Covered by Kontomatik Banking API

29.11.2016 Warsaw, Poland: Today Kontomatik is happy to announce its expansion to another European Union member state – Italy. The country becomes the 10th geography covered by the Kontomatik Banking API, next to the recently announced Portugal and already established 8 countries: Poland, Czech Republic, Slovakia and Spain in the...

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InsurTech

Neosurance Ramps up After the MEDICI Top 21 – Insurtech

Starting from today, a low-cost injury coverage with a daily allowance in case of accident plus medical assistance is available via smartphone. This has been made possible by the recent partnership established between an important international insurance group and the Italian startup Neosurance – winner of the Insurance IoT Newcomer...

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Innovation

Innovation Is Not Always Disruption

However honestly and passionately entrepreneurs might believe in a disruptive power of their solutions, most of them mistake some sort of innovation (business model, operational, UX, etc.) for a massive transformative force. Meanwhile, innovation is not always disruptive and should not always be considered as an existential threat to institutional...

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Fintech

Chennai FinTech Meetup

On November 30, LTP and Opus Consulting collaborated with Let’s Talk Payments once more to bring one of its FinTech Meetups to the city of Chennai. This FinTech meetup was the first of its kind in Chennai and will hopefully be one of many, given the interest it generated between...

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