Coin shuts down its payment services this month

You knew Coin's payment tech wasn't long for this world when Fitbit bought the company in 2016. Read more:

Rakuten relies on Payoneer for cross-border payments, a leading US eCommerce marketplace, has announced its collaboration with Payoneer, an innovative online payments company. Read more:

Mastercard welcomes UK court ruling on interchange fees

Mastercard is grateful that the Court has found in its favour with respect to the significant issues being heard in this case. Read more:

Ant Financial backs Philippines FinTech player Mynt

Chinese FinTech giant Ant financial is making moves in the Philippines with an investment in Mynt. Read more:

PE firms buy Ratepay to merge it with Concardis

Private equity firms Advent International and Bain Capital are jointly acquiring Ratepay, the payments arm of German e-commerce company Otto Group. Read more:

Braintree hires former Lending Club exec John MacIlwaine as CTO

Braintree has hired a new chief technology officer in a move designed to ease the workload of Juan Benitez. Read more:

Samsung Pay launched in Brazil and Puerto Rico

Samsung Pay has been on an expansion spree over the past couple of months, starting with China, Singapore, Spain, and then Australia. Read more:

Payments search for the power within blockchain

Credit union service organizations TMG and Co-op Financial Services have teamed with Mercator Advisory Group in a venture to discover the true potential of blockchain technology. Read More:

Chinese e-commerce sellers prefer Amazon

Survey respondents felt that Amazon was trustworthy and favored its emphasis on quality products and simple and fair rules. Read More:

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: