PAYMENTS & REMITTANCES

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

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

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

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

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

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

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