Samsung Galaxy facial recognition software not ready for payments
Contrary to earlier reports, the new Samsung Galaxy S8 will not let users authenticate payments through facial recognition. Read more: www.finextra.com
Pennies partners Ingenico to bring digital charity boxes to checkout
Digital charity box Pennies has teamed up with POS terminal maker Ingenico to make it easier for Brits to give money to good causes at the checkout. Read more: www.finextra.com
ATMIA hits out at ‘anti-cash’ financial exclusion lobby
The ATM Industry Association has accused the anti-cash lobby of peddling "fake news". Read more: www.finextra.com
TransferWise expands money remittance service to Singapore
TransferWise Ltd. is bringing its international money transfer service to Singapore, aiming to shake up banks’ dominance of the market.
Read more: www.bloomberg.com
PayPal shares pop after strong quarter
Shares in PayPal jumped over six per cent in after hours trading this evening after the company posted better than expected first quarter profits. Read more: www.cityam.com
2043: The year Britain will turn cashless
New research by GalaCasino.com has predicted that 2043 is the year which the UK may become a completely cashless society. Read more: magazine.fintechweekly.com
Razorpay hires MasterCard’s Arif Khan as chief innovation officer
In his new role at Razorpay, Arif Khan will be responsible for building strategies and identifying new business opportunities within the organisation. Read more: thetechportal.com
Alibaba-backed Paytm forays into digital gold
Consumers can buy and sell gold using their Paytm account for as low as $0.02 which will then be stored in lockers. Read more: e27.co
Indians have a staggering amount of trust in online payments
India's online success story is rooted in its trusting internet users. Over 72% of Indians trust the internet overall. Read more: qz.com
The finish line for MoneyGram’s merger
Whether Ant Financial will snap up MoneyGram, and when, and what will happen if it does — hinge on both readiness and the marbled halls of the Hill. Read more: www.pymnts.com