Saturday, January 28, 2023
PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

The evolution of mobile payments

It is predicted that by the end of this year, there will be almost 5 billion individuals who are using their mobile phones. Read more: techinfographics.com

Mobile payment use continues to increase in Canada

Canadians are getting more and more comfortable with mobile payments. Read More: mobilesyrup.com

FinTech startup lands $3m to automate payments

Paying Loans Sucks - FinTech Startup EarnUp Lands $3 Million To Intelligently Automate Payments. Read more: www.prnewswire.com

Mobile conversion rates remain low for e-commerce

The latest edition of Monetate’s Ecommerce Quarterly Report indicates that, though they’re on the rise, mobile conversion rates are still relatively low. Read More: uk.businessinsider.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

Myanmar microfinance firm conducts blockchain test

Tech firm Infoteria has successfully tested an application of blockchain technology with Myanmar microfinance firm BC Finance. Read more: www.coindesk.com

Paytm Payments Bank looking at October take-off

Digital payment platform Paytm is readying a budget to roll out its bank payments system and eyeing an October launch. Read more: www.business-standard.com

Banks restricting e-payments violate competition law

German regulator Bundeskartellamt has ruled that the country's banking industry is violating competition law. Read more: www.finextra.com

BMO will pay you $5 to use its mobile banking apps

BMO is the fourth-largest bank in Canada and its latest promotion is targeted to increase the usage of its mobile banking apps. Read more: mobilesyrup.com

Wal-Mart’s mobile payment app fails to draw new users

Wal-Mart’s mobile payment app may lack incentives to draw new users - Walmart Pay might be wise to follow Starbucks’ example, analysts say. Read more: www.internetretailer.com

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