PAYMENTS & REMITTANCES

We've heard that LG will be releasing its own mobile payment platform on the LG G6 to rival the likes of Apple Pay, Android Pay, and Samsung Pay, but it could get a leg up on the competition. Read more: www.cnet.com

PayPal’s bid to acquire Vancouver-based bill payment specialist TIO Networks has been approved by TIO shareholders. Read more: www.bankingtech.com

ACI Worldwide finds that most SMEs in the U.S. and Europe are willing to switch banks to get real-time payments services. Read more: www.pymnts.com

Facebook is making it easier for users to split a dinner bill or chip in on a group gift. Read more: www.dailymail.co.uk

Michael Kent is a serial entrepreneur and the founder and CEO of Azimo, one of Europe’s most successful FinTechs of recent years. Read more: www.banknxt.com

Turkey’s efforts to spur lending are working. The timing couldn’t be better for President Recep Tayyip Erdogan and the government’s efforts to reignite economic growth before a referendum this weekend. Read more: www.bloomberg.com

Amazon India has received a payment license from the Reserve Bank of India to offer a wallet to its users. Only 84 companies operating in India hold this license. Read more: www.techinasia.com

Co-Founder and Head of Operations Kathryn Petralia has worked for over twenty years with large and small companies focused on credit, payments, and commerce. Read more: crowdfundinsider.com

Glance Pay announces 'Glance Pay Anywhere' for mobile app targeted at $600 billion dollar market. Read more: www.prnewswire.com

Mastercard announced its takeover of 92.4% of the company last June before the Competition and Markets Authority (CMA) raised concerns about the deal. Read more: www.fintechroundup.com