BBVA completes cross-border instant payments
BBVA completes its first cross-border real-time payments using Ripple's blockchain technology with eyes on B2B payments. Read more: www.pymnts.com
Amazon acquires Indian mobile payment license
In another attempt to secure a firm grasp on the Indian market, Amazon has turned towards mobile wallets for its next venture. Read more: www.crowdfundinsider.com
National Bank of Canada takes stake in Myanmar’s ONGO
The National Bank of Canada (NBC) is taking a 22% stake in Myanmar-based mobile payments business ONGO. Read more: www.fintechroundup.com
WorldRemit partners Wafacash for money transfers to Morocco
Digital money transfer service WorldRemit has partnered with leading Moroccan financial company Wafacash. Read more: www.finextra.com
Slight gains for payments stocks
Payments stocks were weighted just a bit to the upside as earnings season got officially under way. Read more: www.pymnts.com
AccessPay nabs £2m to take cloud payments platform to the US
Manchester, UK-based cloud payments service AccessPay has picked up £2m in debt financing to drive its state-side expansion plans. Read more: www.fintechroundup.com
Square picks up struggling Yik Yak’s tech team for $3m
Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m. Read more: www.fintechroundup.com
Treasury and risk management, clearly, in the clouds
Jean-Luc Robert, chairman and CEO at Kyriba, talks about his approach to innovation and what is critically important about payments in today’s market. Read more: www.pymnts.com
One third happy to ditch cash as Europe looks to future
Cash may still be king for most Europeans, but more than one in three would be happy to abandon it altogether. Read more: www.bloomberg.com
Should central banks open up payment systems to non-banks?
The rise of nonbank giants such as PayPal and WeChat is leading central banks to reassess to whom they should allow access to their payment and settlement systems. Read more: www.finextra.com