Daily news

22 Feb 16 @ 13:25

PayPal has announced a change to its plans regarding NFC with two initiatives – an upgrade to its app that will support the technology and an alliance with Vodafone for contactless payments.... read more

22 Feb 16 @ 10:09

EACHA leads, upon invitation by the ECB, a taskforce consisting of ACHs (including members of EACHA, EBA Clearing and representatives of Target2), national central banks, the ECB, and ad hoc... read more

22 Feb 16 @ 09:26

Wirecard has acquired all shares of the Brazilian company Moip Pagamentos S.A. (MOIP). Moip Pagamentos , with more than 150 employees at its location in Sao Paulo, is a fast... read more

19 Feb 16 @ 13:10

Having effectively blown up and being outed publicly earlier this week, Powa Technologies, the UK mobile commerce company valued at $2.7bn, had $250,000 available in its bank accounts at the... read more

19 Feb 16 @ 12:45

As Apple and the other handset giants turn their attention to financial services through the launch of their various ‘Pay’ solutions, will banks face a similar fate to that of... read more

19 Feb 16 @ 12:40

In 2015 the UK online alternative finance sector grew 84%, facilitating £3.2 billion in investments, loans and donations, according to a joint report published today by the Cambridge Centre for... read more

19 Feb 16 @ 12:27

The total number of MasterCard processed transactions passed the 1 billion mark in Europe last year – an increase of 150% from 2014. MasterCard’s latest figures reveal that the UK... read more

19 Feb 16 @ 09:54

Peru has launched a domestic mobile money network, with the aim of drawing five million of the country’s unbanked into the formal banking system. Dubbed ‘BIM’, the low-tech mobile money programme... read more

17 Feb 16 @ 16:22

Amazon’s investment into the Indian market continued last night with the e-tailer announcing it had agreed a deal to acquire local online payments firm, Emvantage. Emvantage’s portfolio includes a range of... read more

17 Feb 16 @ 16:02

TransferTo has partnered under a framework agreement with Vodafone Group to enable real-time international money transfers to M-Pesa Mobile Money accounts worldwide. Powered by TransferTo’s cross-border Mobile Money network, the... read more

17 Feb 16 @ 15:58

Curve, a London-based startup, allows people to combine an unlimited number of bank cards into one physical payment card, accepted everywhere MasterCard cards work. It is supported by a mobile... read more

17 Feb 16 @ 15:41

Japan’s largest mobile network operator, NTT DOCOMO, has set up DOCOMO Digital in London as a new global business operation to advanced the mobile commerce ecosystem and encourage financial inclusion... read more