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Wirecard acquires Brazilian online payment service provider

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

Powa Struggle

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

Payments lessons from the music industry

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

Alternative finance market grows to £3.2 billion in 2015

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

MasterCard contactless expenditure grew 375% in 2015

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

Peruvian banks and telcos launch domestic mobile money network

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

Amazon acquires India’s Emvantage Payments

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

Vodafone and TransferTo partner on M-Pesa

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

Curve launch mobile payments app

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

NTT DOCOMO launch DOCOMO Digital to drive mobile commerce

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

only 37% of US merchants EMV ready – four months after the liability shift

17 Feb 16 @ 15:31

The Strawhecker Group (TSG) has released survey results that estimate 37% of US merchant locations are EMV ready four months after the October 1st, 2015 liability shift. TSG’s previous survey... read more

Visa Europe ramps up tokenization service

16 Feb 16 @ 15:56

Visa Europe has expanded its tokenization service to include support for services where payment credentials are stored in the cloud — such as banks’ own mobile payment apps, wearables and... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more