Tuesday, April 23, 2024
PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

Billtrust, CardConnect partner for Invoice Pay

Billtrust and CardConnect launch a partnership to support B2B payments made via cards, combining invoice-to-cash management with payment security. Read more: www.pymnts.com

MasterCard adds fingerprint sensors to payment cards

MasterCard is testing out new fingerprint sensor-enabled payment cards to authorise your in-person transactions. Read more: www.engadget.com

Dutch banks back all-in-one mobile payments tech from ING

Six Dutch banks are getting behind ING's multi-purpose mobile payments app Payconiq for a Summer roll out in the Netherlands. Read more: www.finextra.com

How WeChat Pay became Alipay’s largest rival

In the span of three years, WeChat's mobile wallet has become Alipay's biggest competitor. Here's how. Read more: www.techinasia.com

Payments innovation is ‘unbundling’ banking

New mobile wallets and digital payment innovators are threatening banks' traditional relationships with consumers, forcing banking to respond. Read more: www.paymentssource.com

SoftBank plans $1.5bn investment in India’s Paytm

Japanese investment giant SoftBank plans to invest as much as $1.5bn into Indian payments firm Paytm. The investment will see Paytm valued at as much as $9m. Read more: www.fintechroundup.com

Plastc goes belly up after swiping $9m from backers

Plastc is closing its doors after two failed funding rounds. Early this year, Plastc sought to raise additional capital to kickstart its launch and fulfill preorders. Read more: thenextweb.com

US Bank ties perks of high-end card to mobile payments

Banks have long believed that the key to sparking mobile payments is better incentives. Read more: www.americanbanker.com

Wirecard, National Bank of Greece partner to intro Alipay

Wirecard is collaborating with National Bank of Greece on a project to integrate Alipay into the technical infrastructure of the bank. Read more: www.mobilepaymentstoday.com

Alipay & WeChat payments have risen to $2.9 trillion

Alipay and WeChat payments have risen from transactions of less than $81bn (RMB 1 trillion) in 2012 to an estimated $2.9 trillion (RMB 20 trillion) in 2016. Read more: www.crowdfundinsider.com

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