Friday, December 2, 2022
PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

OCBC Bank first in Asia Pacific for Siri payments

OCBC has become the first bank in Asia Pacific to let customers send cash through Siri. Users can send money with a voice command via Siri, then use the OCBC Pay Anyone mobile e-payment service. Read more: www.bankingtech.com

AvidXchange swipes $3.5m for automated payments

Payments automation service AvidXchange has raised $3.5m in a new round of equity funding according to an SEC filing. The financing comes from two investors that remain unnamed. Read more: www.fintechroundup.com

What Facebook’s European payment license means for banks

The rumours of Facebook entering the payment space in Europe have been going on ever since Facebook applied for a money transfer license a while ago. Read more: techcrunch.com

Dwolla exits apps, focus is On APIs

Dwolla, the eCommerce company, said Friday that it is shifting its focus onto APIs and is exiting the apps business. Read more: www.pymnts.com

Australian regulator set to oppose bargaining on Apple Pay

In Australian, bargaining cartels can form with permission from authorities, so the banks are seeking to finally create competitors to Apple Pay on the iPhone. Read more: www.reuters.com

Can fraud prevention keep up with P2P?

As P2P continues to expand and accelerate – fintech and bank companies alike want to make payments as instantaneous as possible. Read more: www.pymnts.com

Tipalti lands $14m for mass B2B payments

Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC. Read more: www.fintechroundup.com

Nordea ditches Swipp for Danske Bank’s MobilePay

Nordea is abandoning Swipp, the Danish mobile payments JV it runs with local banks, and hitching its wagon to rival Danske Bank's MobilePay service. Read more: www.businesswire.com

MasterCard, Visa set to reap spoils of India’s war on cash

he world’s largest payment networks will see a surge in transactions and cardholders after the Indian government’s decision this month to remove high-denomination bills. Read more: www.bloomberg.com

James Azar founds UK FinTech, P2P Venue, BHNV Capital

BHNV Capital is a venture seed investment fund for both fintech and peer-to-peer (P2P) businesses and technologies. Read more: www.financemagnates.com

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