How WeChat Pay became Alipay’s largest rival
In the span of three years, WeChat's mobile wallet has become Alipay's biggest competitor. Here's how. Read more: www.techinasia.com
Dutch banks back all-in-one mobile payments tech from ING
Six Dutch banks are getting behind ING's multi-purpose mobile payments app Payconiq for a Summer roll out in the Netherlands. Read more: www.finextra.com
MasterCard adds fingerprint sensors to payment cards
MasterCard is testing out new fingerprint sensor-enabled payment cards to authorise your in-person transactions. Read more: www.engadget.com
Billtrust, CardConnect partner for Invoice Pay
Billtrust and CardConnect launch a partnership to support B2B payments made via cards, combining invoice-to-cash management with payment security. Read more: www.pymnts.com
Coinbase to launch an ethereum messaging app
Bitcoin exchange and wallet startup Coinbase revealed a new ethereum messaging product currently in testing today. Read more: www.coindesk.com
WorldRemit Africa revenue to double by 2020 on mobile money
WorldRemit, a British money-transfer operator, sees revenue from transactions involving Africans doubling by 2020. Read more: www.bloomberg.com
How peer-to-peer payment pioneer Venmo grew up and got serious
Under parent company PayPal, the millennial-focused payments app is finally ready to make some money. Read more: www.fastcompany.com
Zelle makes its presence known in P2P payments arena
The recent performance of Zelle, the peer-to-peer (P2P) payments platform with the funny name, is no laughing matter for competing P2P providers. Read more: www.bankingtech.com
Square could launch a debit card
Square could be gearing up to launch a debit card if a tweet of a picture of an all-black prototype by CEO Jack Dorsey means anything. Read more: www.pymnts.com
Ant Financial raises bid for MoneyGram by 36%
China's Ant Financial has sweetened its bid for MoneyGram International Inc by 36%. Read more: www.insurancejournal.com