PAYMENTS & REMITTANCES

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

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

Bank of Lithuania, the country’s central bank and regulator, has signed a memorandum of understanding with Revout. Read more: www.bankingtech.com

London-based remittances startup TransferWise is entering the Asian market and launching in Japan. Read more: www.fintechroundup.com

Fexco, an independent FinTech provider, has partnered with Electronic Network Cash Tellers Inc. to launch first-ever mobile cash withdrawal solution in the Philippines. Read more: www.atmmarketplace.com

First Data announces partnership with Colombian financial services company. Read more: www.pymnts.com

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

Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao’s finance subsidiary Kakao Pay. Read more: www.fintechroundup.com

OCBC Bank has become the first bank in Southeast Asia to use blockchain technology in its local and cross-border payment transfer services. Read more: www.fintechranking.com

ANZ has announced it will be the first Australian bank to introduce voice biometrics on mobile devices to allow higher value transactions. Read more: www.bankingtech.com