PAYMENTS & REMITTANCES

In trying to push back against a simmering insurgency by Apple, Google and Samsung in the mobile payments market, MasterCard wants to partner with Canadian banks. Read more: mobilesyrup.com

Powered by technologies that harness big data, fintech companies are positioning themselves as viable lenders and payment solutions providers with mobile wallets and insta-loans. Read more: forbesindia.com

MasterCard's mobile payment app, which serves as a digital wallet, is expected to debut in the U.S. in the fall. Read More: www.thestar.com

While investors are starting to talk about a tech bubble. Read more: www.huffingtonpost.com<

A new report by market research firm TNS identifies five triggers that acted together as catalysts for the dramatic changes in consumer behaviour that led to China’s “explosive” e-commerce growth. Read More: www.phnompenhpost.com

As part of its continuous investments to deliver an exceptional customer experience in China, Starbucks today announced the launch of the Starbucks mobile payment. Read more: www.streetinsider.com

Among those midmarket business sellers, considering a new ecommerce investment, 62 per cent are thinking about a unified, single-stack solution. Read More: www.itproportal.com

It's the second funding deal for a foreign exchange app linked to a MasterCard today. Read more: uk.businessinsider.com

In the latest contactless payments development for the Rio Olympics, Visa has partnered with Swatch to introduce an NFC-enabled watch in Brazil. Read More: www.luxurydaily.com

German regulator Bundeskartellamt has ruled that the country's banking industry is violating competition law. Read more: www.finextra.com