Nuggets teams up with QFPay in China

Nuggets, a blockchain e-commerce payments and ID platform, has entered into a partnership with QFPay, one of the largest Chinese mobile payment product providers and which is used by Asian e-commerce giants Alipay and WeChat Pay, according to a press...

National Bank launches mPOS product in Montreal

Montreal-based National Bank's SME clients can now use National Bank Easy Pay, a mobile point-of-sale product powered by Montreal fintech Mobeewave. National Bank also is partnering with Global Payments on Easy Pay, according to a press release. With Easy Pay,...

PayPal rolls on with another acquisition, this time for Simility

PayPal is acquiring Simility, a fraud prevention and risk management platform, for a purchase price of $120 million in cash, subject to certain adjustments. PayPal said the acquisition will enhance its ability to deliver fraud prevention and risk management solutions...

Study: Banks, billers, merchants see benefits to real-time payments

Eighty-six percent of banks, 82 percent of billing organizations and 78 percent of merchants expect to see improvements in their customer service as a result of real-time payments, according to a new report, 2018 Global Payments Insight Survey: Cross-Vertical. The...

PayPal acquires yet another company with $400M Hyperwallet deal

PayPal this week agreed to acquire Hyperwallet, a global payout platform, in a deal worth $400 million in cash. PayPal said in a press release the acquisition of Hyperwallet enhances its payout capabilities, improving the company's ability to provide an...

Nets forms pacts with Finland's Pivo mobile wallet

OP Financial Group's Pivo Wallet Oy and Nets are joining forces to pilot mobile payments in Finland, according to a press release. The two companies have signed a letter of intent to make Pivo available for Finnish Nets merchants, both...

Study: mPOS devices to account for almost 25% of POS transactions by 2023

A new study from Juniper Research has found that the adoption of mPOS devices connecting wirelessly or via mobile devices, such as those from iZettle and Square, will drive annual mPOS transactions to over 87 billion by 2023. This will...

Safaricom opposes proposed tax hike on mobile money transfers in Kenya

Safaricom CFO Sateesh Kamath said Monday that the company firmly opposes a proposed tax hike on mobile phone transfers that the Kenyan government wants to impose to help raise revenues, according to a Reuters report. "Increased excise duty on mobile...

UK debit card use surpasses cash for first time thanks to contactless, digital payments

The popularity of contactless payments, online shopping and smartphones is having a significant effect on how U.K. consumers manage money and pay for things, leading to debit cards overtaking cash as the most used payment method in region, according to the latest research from U.K.

Standard Chartered Uganda partners with mobile operator on digital wallet

Standard Chartered Bank has partnered with MTN Uganda Ltd., a mobile money provider in Uganda, to launch the Straight2Bank Wallet in the country, according to a press release. First introduced by Standard Chartered in Kenya, Straight2Bank Wallet is a mobile...

Rakuten scoops up mobile order-ahead specialist Curbside

Rakuten Inc. has reached across the Pacific Ocean from Japan to acquire Curbside, a California-based company that specializes in mobile order-ahead technology for retailers and restaurants, according to a press release. The companies did not disclose details of the deal....

WorldRemit offering money transfer services in all 50 states

Digital money transfer service WorldRemit has received licenses in all 50 states, enabling customers across the U.S. to use its service.   The company, which specializes in immigrant money transfers, received its first license from Iowa in August 2014 and its 50th from Louisiana in May 2018.

Pita Pit partners with LevelUp, Olo for mobile and delivery features

Pita Pit is partnering with LevelUp and Olo to introduce a completely revamped guest loyalty program, third-party delivery and a redesigned app for order ahead, according to a press release. "We decided to join forces with LevelUp and Olo in...

3 companies team up to deliver real-time mobile digital payments between Botswana and Zimbabwe

Orange Money Botswana and EcoCash earlier this year launched a partnership to enable better and more affordable access to digital money transfers between Zimbabwe and Botswana. The service now enables Zimbabwean diaspora, living in Botswana, to use their Orange Money...

Philippines-based Card Bank rolls out mobile ATM access

Microfinance clients of Philippines-based Card Bank can now complete ATM withdrawals without their bankcard, following the launch this month of a cardless cash machine in a San Pablo City branch. To withdraw funds, account holders need only a QR code...

Study: Payment choice might influence how consumers book flights

How travelers book and pay for trips may be influencing their decisions on what services to use, according to survey results from OAG, a global provider of digital flight information. OAG asked travelers which modern payment options they would be...

Smart bike sharing company enables Fortumo's messaging platform

China-based Mobike, which describes itself as a smart bike sharing company, announced it is now using Fortumo's messaging platform to authenticate users and share service-related messages through SMS in more than 15 countries, according to a press release. Mobike said...

Study: Consumers seek more payment options at unattended terminals

Some 70 percent of consumers want unattended terminals to accept both card and cash payments and a significant number are willing to use wearable devices or digital wallets at these locations, according to a survey of U.S., U.K. and Australian...

Bango launches direct carrier billing with Entel in Chile

Bango has announced that millions of Entel subscribers in Chile are now able to pay using their phone bill for the massive array of content and services sold in Google Play, including Minecraft, Tinder and Google Play Music, according to...

UK small businesses increase acceptance of mobile payment apps

New research commissioned by Verifone shows how U.K. small and medium enterprises are modernizing their businesses to deal with the huge demand from a digitally-savvy society, according to a press release about the study. The independent report, conducted by Verve...

Showing (41 - 60) of 5789

Get the latest news & insights


News

Resources

Trending

Features

Biometrics: Are they becoming the nirvana of personal security?