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Mobile payments/banking
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113

Fintech startup Curve partners with accounting software Xero to make filing expenses ‘frictionless’

By Steve O’Hear for TechCrunch

Curve, the London fintech startup that lets you consolidate all your bank cards into a single card and track your spending, has partnered with accounting software Xero to remove much of the friction involved in filing expenses. The move is part of the newly-launched ‘Curve Connect’ feature that will see Curve connect to a growing list of third-party apps and services to make managing your money easier. (more…)

Fintech news, Hotnews, Mobile payments/banking

October 3, 2017

172

IZettle rolls out invoice service in the UK

By IZettle

iZettle empowers small businesses to grow, helping them accept card and cash payments and manage their business operations, in addition to providing services such as small business funding. (more…)

Deals, Fintech news, Global trends, Hotnews, Mobile payments/banking, POS/mPOS and online acquiring

September 15, 2017

314

Square applies for bank status

Square, the fintech startup headed by Twitter founder Jack Dorsey, has made an official application in the US for a banking license, ending months of speculation about its plans but also reigniting the argument about the use of industrial loans charters (ILCs). (more…)

Global trends, Hotnews, Mobile payments/banking, Payment processors/providers/gateways, POS/mPOS and online acquiring

September 8, 2017

225

Brief: Singapore lags behind in online payments

The news (extracted from Today):

  • Ninety percent of Singaporeans surveyed by online payments giant PayPal say they prefer to use cash as their primary mode of payment, with only a small percentage using online payments regularly.
  • The preference for cash in Singapore was followed in popularity by other traditional payment methods such as bank transfers or internet banking at 74 percent, with 61 percent saying they prefer credit cards.
  • Despite these preferences, only 43 percent use cash regularly, citing problems such as having insufficient cash on hand and long queues at ATMs.

(more…)

Fintech news, Global trends, Government activities, Mobile payments/banking

August 31, 2017

380

Klarna wins equity investment from Brightfolk

By Klarna

Klarna AB (publ) is pleased to announce that Brightfolk A/S, a company held by Anders Holch Povlsen, will acquire a strategic equity stake in the company. (more…)

Fintech news, Global trends, Hotnews, Mobile payments/banking, p2p-payments

June 8, 2017

841

UK payments market: Contactless cards set to overtake cash in 2018

By Alex Rolfe

Rapid growth in the use of contactless cards means cash will be overtaken as Britain’s most frequently used payment method by the end of 2018, according to a new report. This latest forecast still does not herald the demise of cash – even in ten years’ time it is still expected to make up 21% of all payments. (more…)

Cashless, Hotnews, Mobile payments/banking

May 30, 2017

525

M-Pesa Mobile Banking To Cover More Of Africa

Millions more smartphone users in Africa will now have access to basic banking services like borrowing and saving as the popular mobile financial service platform M-Pesa expands to cover more countries. (more…)

eWallets, Global trends, Hotnews, Mobile payments/banking

May 29, 2017

488

IZettle launches order-and-pay app for independent cafes

By Izettle

Intelligentpos by iZettle, the leading provider of EPOS to the hospitality and retail industry, today launches Order & Pay, a mobile app that lets customers pre-order and pay for products prior to collection. (more…)

Mobile payments/banking, POS/mPOS and online acquiring

May 25, 2017

626

Spending tops $20 trillion on global card networks in 2016 – Infographic

By Alex Rolfe for Payments Cards And Mobile blog

Global card purchase volume for goods and services, which excludes cash advances on credit cards and cash withdrawals on debit cards across the global card networks, grew by 5.8% to $20.606 trillion in 2016, according to The Nilson Report. (more…)

Credit/Debit/Prepaid cards, Fintech news, Mobile payments/banking, Payment processors/providers/gateways

May 22, 2017

387

Ex-Tandem CTO onboard for Dubai-based digital bank

The former CTO of UK challenger Tandem has joined forces with experienced execs from the more traditional banking sector to build a digital-only bank in Dubai. (more…)

Banks, InspirAsia, Mobile payments/banking, Mobile-first banks

May 18, 2017

755

PayPal partners with Android Pay for mobile payments

In news from the Google I/O the tech giant announced that they will partner Android Pay and PayPal for a mobile payments platform, the companies announced this morning. (more…)

Global trends, Hotnews, Mobile payments/banking

May 18, 2017

509

Playing With The Band — mPOS And Cashless Concerts

By PYMNTS

It seems that mobile payments are finding perfect harmony with concertgoers. The latest mPOS Tracker™ catches up with Ben Taylor, COO of Front Gate Tickets, on how the company is using RFID technology to take concerts cashless. This issue digs into the many moves by mobile payment technology providers like Square, as they set their sights on new markets and new payment experiences. Find all that, plus rankings of 271 top players in the space, inside this month’s issue.

(more…)

Cashless, Hotnews, Mobile payments/banking

May 11, 2017

446

ING joins Digicash family

By ING

ING is joining the DIGICASH family with the launch of its ING DIGICASH app in Luxembourg. (more…)

Banks, Bots, Global trends, Hotnews, Mobile payments/banking

May 9, 2017

425

Biometric Mobile Payments Set To Explode In 2017

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. (more…)

Bots, Global trends, Hotnews, Mobile payments/banking, Security

May 9, 2017

Intuit Taps Machine Learning For Freelancer Expense Management

As TechCrunch put it in its Tuesday (May 2) report, expense management for the self-employed “sucks.” (more…)

Fintech news, Global trends, Mobile payments/banking, SME

May 4, 2017

414

Flux, a fintech startup founded by ex-Revolut employees, wants to make paper receipts obsolete

By Steve O’Hear for TechCrunch.com

Flux, a London-based fintech startup founded by three early employees of foreign exchange and banking app Revolut, is on a mission to make store receipts truly digital. (more…)

Deals, eWallets, Mobile payments/banking, Payment processors/providers/gateways

April 24, 2017

495

Shopify ships card reader

Shopify Inc. (SHOP)(SHOP.TO), the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses, today announced its new free Chip and Swipe card reader for in-person selling. (more…)

Global trends, Hotnews, Mobile payments/banking

April 21, 2017

513

Banking tech platform Meniga secures €7.5 million in new funding

Digital banking technology startup Meniga has announced a funding round of €7.5 million from Industrifonden. Velocity Capital, Frumtak Ventures, and Kjolfesta also participated. (more…)

Banks, Fintech news, Mobile payments/banking, PFM/PFP services

April 12, 2017

Lend Closes CHF3.5M Series A Funding

By FinSME

Lend, a Zürich, Switzerland-based fintech startup, closed a CHF3.5m Series A funding. (more…)

Deals, Fintech news, Global trends, Mobile payments/banking

April 11, 2017

459

ANZ to use voice prints for mobile authentication

ANZ is to pilot the use of voice biometrics on mobile devices to automatically authorise high value payments. (more…)

Banks, Hotnews, Mobile payments/banking

April 4, 2017

703

Messenger Powers Chatbot Payments For ATB Financial

Today’s eCommerce world keeps getting faster and faster. (more…)

Banks, Bots, Fintech news, Mobile payments/banking

February 24, 2017

635

Globe, Alipay, and the Chinese Tourist Trap

By  for Fintech Hong Kong

One weeks ago, Globe Telecommunications announced a new capital infusion from Jack Ma’s Ant Financial and Ayala Corporation into its Globe Fintech Innovations subsidiary (officially, Mynt). (more…)

China, Fintech news, Mobile payments/banking

February 24, 2017

623

India wants to make credit and debit cards obsolete for payments

By Mashable

Ever since India invalidated much of its cash, it has been encouraging its citizens to switch to mobile wallets and other epayment solutions. Today, it took another step in pushing its citizens to embark on the cashless payment solutions — but early boomers aren’t going to like it.  (more…)

Cashless, eWallets, Government activities, Mobile payments/banking

February 23, 2017

908

Ayannah launches an AI-powered Credit Scoring Service for the Unbanked

By

Ayannah, a provider of affordable and accessible digital financial services for emerging markets, has partnered with Bayad Center, the bills payment subsidiary of Meralco, the Philippines’ largest electric utility to launch Juan Credit™, the first artificial intelligence-powered credit scoring system for the unbanked in emerging markets. (more…)

Credit scoring, Deals, Fintech news, Hotnews, Mobile payments/banking, Philippines, Remittances

February 21, 2017

588

Alibaba’s Ant Financial expands to Korea with $200M investment in Kakao Pay

By  for TechCrunch

Alibaba affiliate Ant Financial is making yet another M&A deal. The firm is investing $200 million into a fintech project belonging to Kakao, the $5 billion firm that runs Korea’s dominant messaging service. (more…)

China, Deals, Fintech news, Mobile payments/banking, p2p-payments

February 21, 2017

578

Jack Ma’s Ant Financial makes first investment in the Philippines

By TechInAsia

Just over three months after Ant Financial first made a move into Southeast Asia with an investment in Thailand, the Chinese web giant has taken a stake in a fintech company in the Philippines. (more…)

Deals, Fintech news, Mobile payments/banking, Philippines

February 18, 2017

760

Here’s Why This Top VC Says Amazon Is Set to Rule the Fintech Game

By Jeff John Roberts for Fortune

If any technology company makes a major move into payments and banking, the most obvious candidates are Apple (AAPL, +0.36%) and Google (GOOG, -0.18%). After all, both have a lot of experience thanks to the Apple Pay and Google Wallet functions, and both have already persuaded hundreds of millions of customers to share their credit card information. (more…)

About, Fintech news, Influences FinTech, Mobile payments/banking

February 16, 2017

595

DBS launches mobile order and pay app in Singapore shopping mall

By Finextra

After a year in pilot, DBS’ unique online food ordering and cashless payment solution for F&B businesses in Singapore – DBS FasTrack – has now been officially launched.  (more…)

Fintech news, Mobile payments/banking, Pre-order services

February 14, 2017

757

Virtual Piggy to begin beta tests of mobile payment platform for under-17s

By Finextra

Virtual Piggy, Inc. (VPIG) is working with Univest Bank & Trust Company to provide the payment rails for its child focused payment application and services to accommodate the company’s unique and novel mobile payment platform.  (more…)

Banks, Fintech news, Mobile payments/banking

February 14, 2017

747

Grab is buying Indonesian payment firm Kudo in its first major acquisition

By  for TechCrunch

Uber’s Southeast Asia rival Grab is in the process of buying up Indonesia-based online payment startup Kudo in its first major acquisition. (more…)

Deals, Fintech news, Indonesia, InspirAsia, Mobile payments/banking, POS/mPOS and online acquiring

February 14, 2017