PAYMENTS & REMITTANCES

Paymentwall is now connected to all banks in Sweden, allowing every person with a bank account to pay using online bank transfer. Read more: www.finextra.com

India's YES Bank launched a cashless payment solution for Nashik Smart City to aid the government’s dream of a less-cash economy. Read more: www.finextra.com

Ant Financial President appealed to MoneyGram employees, customers and partners in an open letter expressing commitment to the deal. Read more: www.pymnts.com

Facing increased competition from mobile p2p services, money transfer giant Western Union has made a move to bolster its own mobile offerings. Read more: www.bankingtech.com

Cross-border commerce company Flow has pocketed $16m in a Series A round led by Bain Capital Ventures. Read more: www.fintechroundup.com

World First today announces the launch of its award-winning service in India as the business accelerates its international growth strategy. Read more: www.finextra.com

A new survey from Capital One and NAPCP find cost and a lack of knowledge are holding back payment professionals from adopting new technologies. Read more: www.pymnts.com

Japanese web giant and investor SoftBank is reportedly in talks to sell Snapdeal-owned mobile wallet FreeCharge for as little as $150m to $200m. Read more: www.fintechroundup.com

Wirecard has successfully pushed forward the digitalisation of payment processes using Internet technology on a global scale. Read more: www.finextra.com

Payment professionals are well aware of the benefits of payment technologies now entering the marketplace, but concerns about cost may delay their implementation. Read more: www.finextra.com