UATP inks contactless payments partnership with Paymagnet
According to the companies, any purchase that can be processed via a point-of-sale system can now be completed with a smartphone and Paymagnet. Read more: www.pymnts.com
Square teams with TouchBistro and Vend
Square has announced integrations with TouchBistro and Vend to give merchants who use those systems the ability to process payments with Square. Read more: www.mobilepaymentstoday.com
Time for B2B payments to get standardized, says Nordea
A new report from financial services company Nordea says corporates are waiting for their banks and other FinServ providers to standardize payment processes. Read more: www.pymnts.com
Stripe payments exits beta in Japan, adds investor
Stripe, the company that lets app publishers, online merchants and other digital businesses include payments features via a few lines of code, is expanding. Read more: techcrunch.com
How peer-to-peer payment pioneer Venmo grew up and got serious
Under parent company PayPal, the millennial-focused payments app is finally ready to make some money. Read more: www.fastcompany.com
Are connected devices threatening payment security?
Connected devices can be vulnerable to hacks and, when compromised, are being used by hackers to launch significant distributed denial-of-service attacks. Read more: www.pymnts.com
Google brings P2P payments to Gmail Android app
Google is adding a feature to its Gmail Android app that makes sending funds as easy as attaching a file to an email. Read more: www.finextra.com
Pan-European instant payment project well on track
Hays Littlejohn, CEO, EBA Clearing provides an update on the delivery of this new real-time payment infrastructure. Read more: www.finextra.com
Indonesian bill-payment app Ayopop secures $1m Seed round
Indonesian bill payments app Ayopop has secured $1m in a Seed round. Japanese early-stage VC Gree Ventures led the investment. Read more: www.fintechroundup.com
Alipay partners with major European banks
The new partnerships will enable an additional 930,000 merchants to join Alipay’s European network. Read more: www.bankingtech.com