Panellists had different opinions on whether the legislation provided any upside for banks, but did agree that it was the biggest change to the industry for over half a millennium.
The funding round totalled $61m, and will used to finance the company's global expansion plans.
Monzo also revealed its latest funding round last week.
A further £2.5m is expected to be raised from crowdfunding on Tuesday.
Yet more Google technology is infiltrating the payments industry.
IBM and Visa announced the industry’s first collaboration which brings point of sale everywhere that Visa is accepted.
PayPal CEO Dan Schulman is attempting to make good on his promise to better serve the unbanked.
With the new £5 polymer note now fully rolled-out, it is now time to think about the new £10 note that will follow it. Paul Ferris, Product Manager at Wincor Nixdorf UK/I, gives his advice on how to make sure you are prepared for the deadline.
Favourable regulation, a lack of legacy systems, and growth in smartphone adoption is fuelling the pace of change in the Indian payments market.
This GDP growth is being underpinned by a payments infrastructure that relies overwhelmingly on mobile wallets. But why mobile?