SMEs will switch banks for real-time payments
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
PayPal’s offer to take over TIO Networks wins approval
PayPal’s bid to acquire Vancouver-based bill payment specialist TIO Networks has been approved by TIO shareholders. Read more: www.bankingtech.com
The LG G6 could get facial recognition via LG Pay
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
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
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
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
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
Ant Financial boosts global reach with HelloPay acquisition
Ant Financial is continuing to make its presence felt outside of the Chinese market with the acquisition of Lazada’s payments arm HelloPay. Read more: www.fintechroundup.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
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