PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

Mobile payment use continues to increase in Canada

Canadians are getting more and more comfortable with mobile payments. Read More: mobilesyrup.com

The evolution of mobile payments

It is predicted that by the end of this year, there will be almost 5 billion individuals who are using their mobile phones. Read more: techinfographics.com

Top mobile payments app users are Millennials

A recent study has revealed that mobile payments app use is greatly driven by Millennials. Read more: www.qrcodepress.com

Private equity firm Innova Capital backs Polish e-payment business PeP

European private equity firm Innova Capital has backed Polish e-payments business Polskie ePlatnosci(PeP). The firm said it intends to use the business as a platform...

FinTech leads charge to improve forex payments for China

Growing investments in fintech services are poised to disrupt traditional foreign-exchange channels and drive the expansion of cross-border retail e-commerce. Read more: www.scmp.com

Can FinTech solve the extended supplier payment term puzzle?

A new type of financial services provider is emerging, and experts believe it has the power to transform global supply chains. Read more: www.business2community.com

Xiaomi India, MobiKwik launch one touch payments with ‘MIUI8’

The recharge call to action is embedded right next to SMS so one doesn't have to navigate or install different apps. Read More: www.business-standard.com

VC investor: ‘It would break my heart if Powa corrupted FinTech’

Powa raised at least $175 million (£122 million) but it had only $250,000 (£175,200) in the bank at the start of February and debts of $16.4 million. Read more: uk.businessinsider.com

Walmart pay expands In US

The retail giant’s payment method is finally here. Walmart launches Walmart Pay in 16 states, plus Washington, D.C. Read more: www.pymnts.com

Danish midsize banks move in on mobile payments

Danish local and regional banks have banded together to launch a national HCE mobile wallet. Read more: www.finextra.com

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