Saturday, January 28, 2023
PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

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

Worldpay appoints Santander’s head of innovation as UK chief executive

Peter Jackson joins the FTSE 100 payment processing company on 1 March, replacing Dave Hobday who left Worldpay in December to head up the RAC. Read more: www.cityam.com

Plastc goes belly up after swiping $9m from backers

Plastc is closing its doors after two failed funding rounds. Early this year, Plastc sought to raise additional capital to kickstart its launch and fulfill preorders. Read more: thenextweb.com

CardFlight declares support for mPOS via bluetooth

CardFlight, a mobile point of sale (POS) technology provider, is launching the Bold B550 and Bold B500, a new family of mobile card readers. Read more: www.finextra.com

Samsung Pay reaches 100 Million unique transactions

Samsung Pay announced on its one-year anniversary it had around 100 million transactions. Read more: www.pymnts.com

Apple Pay grows 500% year on year thanks to global expansion

Apple’s Q3 2016 results may be overshadowed by its third straight quarter of declining revenue but Apple Pay registered strong growth over the period. Read more: www.fintechroundup.com

Should central banks open up payment systems to non-banks?

The rise of nonbank giants such as PayPal and WeChat is leading central banks to reassess to whom they should allow access to their payment and settlement systems. Read more: www.finextra.com

Stripe strides into Singapore

Payment startup Stripe is heading to Singapore with the mission to help other local startups kickstart online businesses. Read more: www.pymnts.com

Ant Financial partners with Verifone and First Data

Alibaba’s digital payment spinoff Ant Financial Services has partnered up with US-based payment tech giants Verifone and First Data. The report by TechCrunch stated that the...

Alternative payments and the rise of the payment hustler

Join Dan Frechtling, CMO and CPO at G2 Web Services, and Jane Hennessey, Head of External Alliances at G2 Web Services. Read more: www.pymnts.com

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