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552

Alibaba’s Ant Financial extends global reach with first investment in the Philippines

By TechCrunch

Alibaba affiliate Ant Financial has again extended its global reach after it completed its maiden investment in the Philippines. (more…)

China, Deals, eWallets, Fintech news, Philippines

February 20, 2017

559

Paytm wants to pull an Alipay, will spend $90m on expanding QR code network

By TechInAsia

Paytm, India’s largest digital wallet, is going to spend US$89.6 million to help merchants across India accept digital payments using QR codes. (more…)

eWallets, Fintech news, India

February 20, 2017

613

PayPal moves into bill payments with TIO acquisition

By Finextra

PayPal is looking to steal a march on financial services firms in the underbanked bill payment space by acquiring North American processor TIO for $233 million. (more…)

Deals, eWallets, Fintech news, Payment processors/providers/gateways

February 16, 2017

442

Australian banks fight back over Apple Pay ‘fantasy’ claims

By Finextra

The group of Australian banks fighting it out with Apple over the introduction of the consumer electronics giant’s mobile payment system have narrowed down their complaint to the Australian Competition and Consumer Commission (ACCC) to focus solely on open access to the NFC function on iPhones. (more…)

Banks, eWallets, Fintech news, Mobile payments/banking

February 14, 2017

836

From Asia to Africa: Why Wechat is a threat to Safaricom’s M-Pesa

By fabian lima for e27

M-Pesa changed the lives of underbanked Africans decades ago; Will Wechat Wallet drastically change the fintech landscape anew? (more…)

Analytics, eWallets, Fintech news, p2p-payments

February 9, 2017

500

Amazon Payments nearly doubled transaction volume in 2016, added 10 million more customers

By  for TechCrunch

Shortly after a Bloomberg report indicating that PayPal and Amazon have been discussing ways to work together on payments, Amazon unveiled a new milestone for its own payments business. The retailer said this morning that over 33 million customers have now used Amazon Payments to make a purchase – a figure that’s up 10 million from the 23 million it had in April of last year. (more…)

eWallets, Fintech news

February 8, 2017

715

PayPal launches Slack bot for peer-to-peer payments

By  for VentureBeat

PayPal today launched its first bot for users of team messaging app Slack. The bot lets people send peer-to-peer (P2P) payments with the shortcode /paypal and a user’s Slack handle. Watch those keystrokes though: $10,000 can be sent in a single transaction, a PayPal spokesperson told VentureBeat in an email. (more…)

eWallets, Fintech news, Mobile payments/banking, p2p-payments

February 8, 2017

589

Square boosts Apple Pay with free processing for small merchants

By Finextra

Beginning today, small businesses across the U.S. will be able to process more than $12,000 worth of Apple Pay payments for free ($350 worth of savings in Square processing costs) by encouraging their customers to pay with Apple Pay.  (more…)

eWallets, Fintech news

January 31, 2017

591

PayPal outlook muted on mobile competition, currency trends

By The Business Times

PayPal Holdings Inc offered a subdued outlook on Thursday, as it faced unpredictable currency fluctuations and an increasingly competitive digital payments market. (more…)

eWallets, Fintech news, p2p-payments

January 29, 2017

798

Five Reasons Why PayTM Is Miles Ahead Of Its Rivals

By Ketharaman Swaminathan for Finextra

With over 100 million users a year ago, PayTM was already ahead of its digital payment competitors before the Nov. 2016 demonetization of high value currency notes in India. (more…)

Analytics, Cashless, eWallets, India

January 21, 2017

537

BMO Harris Bank goes all in on mobile payments

By Finextra

BMO Harris Bank today announced the release of BMO Harris Bank Masterpass, Android Pay and Samsung Pay digital wallets for select BMO Harris Bank credit and debit cards.  (more…)

Banks, eWallets, Fintech news, Mobile payments/banking

January 20, 2017

474

New Spanish Exchange Converts Bitcoin and Fiat Currencies at 7,000 ATMs

By Rebecca Campbell for CryptocoinsNews

HolyTransaction Trade is a new universal cryptocurrency wallet in Spain that enables bitcoin and Euro instant conversions. Within Spain’s 7,000 ATMs, a person can convert their bitcoin into fiat currencies and vice versa, helping to push the country into the digital world. (more…)

Cryptocurrencies, eWallets, Fintech news, Remittances

January 16, 2017

831

Hottest FinTech Trends for 2017

By YapStone for LTP

When the media talks about FinTech, more often than not, the leading headline is a bold statement, like “the FinTech revolution,” or “the big bank disruption,” and it’s easy to see why. Dubbed by the Economist as a “magical combination of geeks in T-shirts and venture capital,” the growth and influence of FinTech have been rapid. (more…)

AI / Machine Learning / Big Data, eWallets, Fintech news, Global trends, Mobile payments/banking, Security

January 14, 2017

572

PhonePe digital wallet has big goals beyond parent Flipkart

By  for TechInAsia

Mobile payments startup PhonePe, which Flipkart bought last year, has set its sights high this year.

In the process of launching the country’s first Unified Payments Interface-supported wallet for iOS, the startup is already aiming for a 100 million downloads by the end of 2017. (more…)

eWallets, Fintech news, India, Mobile payments/banking

January 11, 2017

539

Two former bankers just built an app for migrant workers

By  for TechInAsia

Of the millions of expats in oil-rich United Arab Emirates, the majority are blue-collar workers from countries like India, Pakistan, and Bangladesh. They work in shipping, construction, and retail, making significant contributions to the property and housing boom in the wealthy Gulf emirate. (more…)

eWallets, Fintech news, Mobile payments/banking, Remittances

January 9, 2017

717

Payment companies eye Africa’s regional pain points

By Cheryl Winokur Munk for Payments Source
Though cash remains the most prevalent form of payment in Africa, some companies are setting the wheels in motion for a much-anticipated e-commerce revolution.

(more…)

eWallets, Fintech news, Mobile payments/banking

December 28, 2016

899

India: Fintech is no more the new kid on the block

By Vivina Vishwanathan for Deal Street Asia

Year 2016 was not as glamourous as 2015 was for fintech in terms of interest from investors. According to start-up data analytics provider Tracxn, investments in 2016 were $484.79 million, compared with $1.18 billion in 2015. One of the reasons is that the 2015 numbers include money raised by Paytm in 2015. (more…)

Analytics, Cryptocurrencies, Deals, eWallets, India, Payment processors/providers/gateways

December 28, 2016

562

Atom Tickets app to add Chase Pay

By Kate Fitzgerald for Payments Source

Atom Tickets, a Santa Monica, Calif.-based mobile movie ticket app maker, will enable users to pay via Chase Pay early next year, as JPMorgan Chase & Co. spreads its digital payments solution beyond brick-and-mortar merchants. (more…)

eWallets, Fintech news, Mobile payments/banking

December 26, 2016

484

Non-Blockchain Crypto Platform To Give Away Tokens With Christmas Day Launch

By Lester Coleman for CryptocoinsNews

Byteball, a cryptocurrency platform for storage and value transfer that is not built on a blockchain, will launch on December 25 and is offering bitcoin users the chance to claim free tokens. (more…)

Blockchain, Cryptocurrencies, eWallets, Fintech news

December 24, 2016

679

iPayYou Enables Bitcoin Payments to Starbucks’ Official App

By Rebecca Campbell for CryptocoinsNews

Seattle-based bitcoin wallet iPayYou has announced the launch of Bitcoin Direct to Starbucks, giving users and coffee lovers a new and easy way to pay with the digital currency. (more…)

Cryptocurrencies, eWallets, Fintech news, Mobile payments/banking

December 24, 2016

1079

The 7 Hottest Fintech Startups and Solutions in Vietnam

By

Vietnam is a very Internet-connected country, and with the increasing penetration of smartphones there is a wealth of opportunity for online businesses, digital agencies and application developers. (more…)

About, AI / Machine Learning / Big Data, Cryptocurrencies, eWallets, Marketing Report, Mobile payments/banking, Mobile-first banks, PFM/PFP services, Remittances, Vietnam

December 22, 2016

662

Mobile is a ‘lifestyle,’ and other lessons from Alipay

By Casey Bullock for PaymentsSource

Alipay has grown to become the most widely-used online payment method in the world.

(more…)

About, eWallets, Fintech news, Global trends, Mobile payments/banking

December 20, 2016

493

Does PayTM’s logo look similar to PayPal? PayPal thinks YES!

By Rahul Dev for e27

Is this a strategy by PayPal to hamper PayTM’s efforts to cash in on demonetisation in India? (more…)

eWallets, Fintech news, India

December 20, 2016

1419

6 fintech startups from Asia that excited us in 2016

By  for TechInAsia

Fintech is going strong in Asia as the year draws to a close. According to the Pulse of Fintech Q3 2016 report by global audit and advisory firm KPMG, venture capital funding in Asian financial technology companies increased, reaching US$1.2 billion – outpacing even the US, where VC investment totaled US$0.9 billion. (more…)

About, AI / Machine Learning / Big Data, China, eWallets, Fintech news, India, Japan, p2p/online lending, Payment processors/providers/gateways, Philippines, POS/mPOS and online acquiring, Remittances, Singapore

December 17, 2016

625

London fintech startup Curve brings mobile wallet and all-your-cards-in-one app to Android

By  for TechCrunch

After launching on iOS, all the way back in February, London fintech startup Curve has finally brought its wares to Android. (more…)

Credit/Debit/Prepaid cards, eWallets, Fintech news, Mobile payments/banking

December 17, 2016

569

When sexting meets social payments

By Bailey Reutzel for PaymentsSource

Payments are inevitably merging with social media, but the mix comes with a clear and very public risk if not handled correctly.

(more…)

Analytics, China, eWallets, Fintech news, Global trends, Mobile payments/banking, p2p-payments

December 17, 2016

631

Why Samsung Pay needs partners to go forward

By Kate Fitzgerald for Payments Source

Samsung Pay users had the advantage over Apple Pay and Android Pay when it launched last year with a technology enabling mobile payments through virtually any merchant terminal—contactless or not—but that advantage quickly diminished. (more…)

Cashless, eWallets, Mobile payments/banking

December 15, 2016

548

PayU India to launch new businesses in bid to become payments hub

Payments processing firm PayU India plans to launch two new businesses—consumer credit and digital banking—and accelerate merchant acquisition as it aims to diversify and become an all-round payments hub, chief executive B. Amrish Rau said. The company plans to process $10 billion in transactions in the year ending March 2018, up from an estimated $5.5 billion this financial year. (more…)

Deals, eWallets, Fintech news, India, p2p/online lending, Payment processors/providers/gateways

December 13, 2016

598

Android Pay is now available in Japan

By  for TechCrunch

Android Pay continues its international rollout with a launch in Japan today, some six weeks after Apple’s own mobile payment service reached Japanese shores. (more…)

eWallets, Fintech news, Japan, Mobile payments/banking

December 13, 2016

431

The Key To ePlumbing Cipher

By Mehul Desai for LTP

With the proliferation of mobile devices, the success of e-commerce has migrated to the mobile channel. The first step was to mobilize existing websites, effectively providing every e-commerce site with a mobile commerce extension. In addition to brick-and-mortar and the web, mobile became another channel. Over a period of time, it started to become obvious that the force of mobility was so significant that it had created its own paradigm. The expression mobile-first-strategy started to gain traction. E-commerce morphed into m-commerce, and with a firm presence in the real world, m-payments followed closely on its heels. (more…)

About, eWallets, Global trends, Mobile payments/banking

December 13, 2016