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