PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

UAE mobile wallet payments to exceed $13bn in 5 years

UAE Banks Federation report says 35% of transactions to be made through mobile. Read more: www.arabianbusiness.com

Blockchain enables near real-time payment clearing

This article from Lets Talk Payments talks about blockchain-enabled efficient near real-time clearing of payment card transactions. Read more: letstalkpayments.com

50 free Invoicing software solutions, not just trials

Need an invoicing solution for your small business but don't have a big budget? Check out these 50 completely free invoicing software solutions. Read more: smallbiztrends.com

Currency is Dying: why mobile payments are the future

Mobile phones are an extension of us. Sound extreme? Take a walk around any public place and look at how many people have their phone in their hand. It’s pretty staggering. Read more: www.business2community.com

Google Expands Android Pay To Asia

Singapore is now the third country after the U.S. and UK to get Android Pay. Read more: www.techtimes.com

TransferGo bags $3.4m Series A funding

Vostok Emerging Finance has led a $3.4m Series A financing round in international money transfer service TransferGo

Klarna preps for tough competition with $35m debt financing

Sweden's Klarna has raised SEK300m ($35m) in its first subordinated unsecured bond issue as it prepares to battle tough fintech competitors globally.

Payments search for the power within blockchain

Credit union service organizations TMG and Co-op Financial Services have teamed with Mercator Advisory Group in a venture to discover the true potential of blockchain technology. Read More: www.atmmarketplace.com

Brexit could bring a FinTech chill in EU

Uncertainty continues to weigh on markets and Brexit could have a chilling effect on FinTech in Europe. Read more: www.pymnts.com

Berlin’s OptioPay to expand payments tech with €7m seed funding

Berlin-based payment solution software business OptioPay has raised €7m in seed funding.

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