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1040

Industry Convergence In Financial Services Is Accelerating

TECHCRUNCH: These days everyone wants to create the next Uber for anything, and the word “disruption” is mentioned across boardrooms and management meetings in nearly all industries. But while discussing the true meaning of disruption and which fintech startups are worth keeping an eye on, incumbents are at risk of overlooking players that once were customers and partners that can quickly become new digital competitors. (more…)

Analytics, Global trends, Mobile payments/banking

April 27, 2015

634

Apple Pay Coming to Best Buy Stores as Retailer Breaks Ranks From Walmart-Led Rival

RE/CODE: Best Buy is the first big-name U.S. retailer to break ranks with a Walmart-led Apple Pay competitor, announcing today that it will accept Apple’s digital payment system in its U.S. stores later this year. Best Buy has also started accepting Apple Pay as a payment method in its apps, Apple CEO Tim Cook first announced on an analysts call on Monday after the company issued its earnings report. (more…)

Fintech news, Mobile payments/banking, news

April 27, 2015

593

2C2P Raises $7M To Bridge The Payment Gap In Southeast Asia

TECHCRUNCHPayments continue to be a huge issue in many parts of Asia and emerging markets. That’s why 2C2P, a Singapore-headquartered startup, has closed a $7 million Series C round to help solve the complexities across Southeast Asia. The round was provided by Hong Kong-based Amun Capital and GMO Venture Partners from Japan. It takes the startup at $40 million pre-money, and takes it to $10 million from investors to date. (more…)

Deals, Fintech news, InspirAsia, Mobile payments/banking, Singapore

April 27, 2015

2293

With Lydia, Pay For Your Online Purchases Using Your Apple Watch

TECHCRUNCH: Step by step, Lydia is unveiling its product strategy to handle all your payments. When I last covered the French startup, it was still mostly focused on growing its user base by providing a Venmo alternative for French users. But now, Lydia also lets you pay on e-commerce websites, starting with PriceMinister. The app is now also available on the Apple Watch so that you can just tap on your watch notification to order something online. (more…)

Fintech news, Mobile payments/banking, news

April 24, 2015

2025

The Twentysomething Brothers Behind a $3.6 Billion Payments Company

Inc.:  Sometimes the most stunning changes arise from the smallest of ideas. That’s the origin story of Stripe, the payments company that’s quietly eating the lunch of entrenched competitors in the $1.5 trillion global e-commerce payments industry. Founded in 2010 by wunderkind brothers John and Patrick Collison–serial entrepreneurs who hail from Limerick, Ireland–Stripe is making the digital payment process for smartphones and websites so pain-free, it’s practically invisible. (more…)

Fintech news, Mobile payments/banking

April 22, 2015

2327

Payroll Startup Salarium Partners With Mobile Payment Firm PyxPay

E27.CO: Hong Kong-based payroll solution company Salarium has partnered with PyxPay, a mobile payment firm, in an attempt to increase its service offerings. With this, the former will have an e-wallet that can pay employees anywhere in the world. It also recently partnered with e-money providers in several ASEAN countries for local payments. (more…)

Fintech news, Hong Kong, InspirAsia, Mobile payments/banking

April 20, 2015

1702

The Year Of Mobile Payments

TECHCRUNCH: Ask most people what the state of mobile payments is today, and they’ll tell you it’s just kicking off. With Facebook announcing the option to send money to friends via Messenger and the release of Apple Pay last year, 2015 has excitedly been dubbed “The Year of Mobile Payments.” Yet what most people don’t realise is that these services are already lagging 10 years behind. (more…)

Fintech news, Mobile payments/banking, news

April 19, 2015

1535

Apple Pay Is Reportedly Launching In Canada This Fall

THE NEXT WEB: Apple Pay is gearing up to expand outside US borders. According to a report by the Wall Street Journal, the company is currently in talks with Canada’s six biggest banks (Royal Bank of Canada,Toronto-Dominion Bank,Bank of Nova Scotia,Bank of Montreal,Canadian Imperial Bank of Commerce and National Bank of Canada) in preparation for a potential November launch in the country. (more…)

Fintech news, Mobile payments/banking, news

April 18, 2015

1716

Jawbone’s $200 UP4 Fitness Tracker Lets Amex Users Make Payments

THE NEXT WEB: Jawbone has announced that its new UP4 fitness tracker which monitors users’ activity, sleep, heart rate and also allows payments via American Express. The $200 wrist-worn device lets users with an eligible American Express Card connect their accounts with Jawbone’s app and tap the UP4 on a store terminal to pay for their purchases. (more…)

Fintech news, Mobile payments/banking, news

April 16, 2015

1367

Mobile money: why isn’t the M-Pesa effect hitting more countries?

THE GUARDIAN: Access to financial services via mobile phones has proven to be a huge boost to development. Why aren’t more countries following Kenya’s success? (more…)

Fintech news, India, InspirAsia, Mobile payments/banking

April 16, 2015

504

Chinese Users Can Now Book And Pay For Karaoke Sessions Inside WeChat

TECHINASIAChina’s wannabe pop stars can now subject their friends to drunken renditions of Jay Chou tunes without carrying cash. WeChat, the popular messaging app owned by Tencent, announced yesterday it will incorporate karaoke services from inside the app. (more…)

China, Fintech news, InspirAsia, Mobile payments/banking, news

April 10, 2015

756

Debunking Myths Around Apple Pay Fraud

THE NEXT WEB: Last month David Bozin discussed how Apple Pay was highlighting crucial flaws in how banks deal with digital payments. This month, Judo CEO Dennis Jones explores fraud in m-payments and the myths surrounding it. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks

April 9, 2015

838

Google Wallet Adds New Integrations With Shopify, Seamless, Dunkin’ Donuts And More

TECHCRUNCH: Google has been stepping up its game in mobile payments the last several months, buying Softcard’s point-of-sale tech and making some international advances for its money transfer service. Today it’s adding another crucial piece to mix: some key integrations with merchants and merchant platforms. Customers that use Android apps from Dunkin’ Donuts and Seamless, and merchants that build online stores through Shopify, will now all be able to access Google Wallet to make and accept quick payments. (more…)

eWallets, Fintech news, Mobile payments/banking, Mobile-first banks

April 9, 2015

685

Indian E-Commerce Giant Snapdeal Buys Bill Payment Service FreeCharge

TechcrunchSnapdeal, the SoftBank- and eBay-backed online commerce company in India, has completed what it called “one of the biggest acquisitions in the history of the internet industry in India” after it announced the acquisition of online transaction service FreeCharge. (more…)

Deals, Fintech news, India, InspirAsia, Mobile payments/banking

April 8, 2015

660

BBVA Compass Goes Live With Real-Time Payments

Ben Milne in The Dwolla Blog: Real-time is here for everyone and there’s no turning back. It’s not just an idea. FiSync allows money to move like you’d expect it to: instantly. Dwolla’s FiSync protocol facilitates secure real-time payments that bypass traditional networks. Transactions initiated via FiSync are fast, secure, and available now through BBVA Compass. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

April 8, 2015

818

Microsoft preps HCE-based mobile payments

FINEXTRA: Microsoft is preparing to follow Apple and Google into mobile payments, lining up the regulatory approvals needed for the launch of a host card emulation-based service. (more…)

Fintech news, Mobile payments/banking, news

April 7, 2015

744

Stripe To Enter Singapore Market?

TECHINASIAStripe may be making its way to the Singapore market, if certain reports from local entrepreneurs are accurate. The US-based company that provides web and mobile payment methods to online businesses has seemingly been testing the waters in the area, where competing service Braintree has already established a presence. (more…)

Fintech news, InspirAsia, Mobile payments/banking, news, Singapore

April 6, 2015

884

FacePay?

TECHCRUNCH: What if buying something was as easy as Liking it? You’d probably buy a lot more, and buy it through whoever made it so damn simple. Becoming that conduit for payments means more than racking up transaction fees. For the portal to purchase influences not just how you buy, but what. Today, purchases are fragmented, and so too is that influence. We buy online and offline. Cash, Credit, PayPal, and now Apple Pay. In turn, influence splinters into ads run on television, print, digital, billboards, and other channels. Whether we want something already or not, the ads are supposed make us more intent on actually spending our money. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

April 6, 2015

1036

The Five Most Influential People In The Future Of Banking

Medium.com: The five most influential people in the future of banking: Brett King (CEO Moven, USA), Matthias Kröner (CEO Fidor bank, GER), Bank of Dave aka @FishwickDavid (UK), Piyush Gupta (CEO DBS bank, SG), Matteo Rizzi (General Partner SBT, Belgium) – the first two are founders of Life.SREDA’s portfolio projects.

(more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

April 5, 2015

1401

Bill Gates: Can Mobile Banking Revolutionize The Lives Of The Poor?

THE VERGE: Guest editor Bill Gates. In the village of Sori along the banks of Kenya’s Lake Victoria, fishing has long been the lynchpin of the local economy. Jobs here are largely divided by gender: men catch the fish, and the women process the meat, take it to market, and handle finances. As detailed in a 2012 study from the SIT Graduate Institute, residents of Sori traditionally kept their money at home. Theft was a constant concern, and many of the women interviewed reported their husbands misappropriating their savings. For many, traditional banks were either too far away, or demanded minimum deposits the villagers could not afford. (more…)

Fintech news, Mobile payments/banking, news

April 3, 2015

971

Apple and Alibaba Could Destroy The Banks

BUSINESS INSIDER: The world of payment technology may be a boring one for most people, but it’s difficult to avoid exposure to it. Whether paying for your morning coffee with contactless card, buying a new TV on eBay using PayPal or paying your rent through a mobile app payment systems are an ubiquitous part of modern life. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

March 31, 2015

626

Mobile Payment Startup MyCheck Raises $5M From Santander’s Innoventures Fund

TECHCRUNCHMyCheck, another startup that wants to make it easy to pay your restaurant bill using your mobile phone, has closed a $5 million Series B. However, perhaps more noteworthy is the company’s new backer: the Spanish bank Santander via its recently launched Santander Innoventures Fund. (more…)

Deals, Fintech news, Mobile payments/banking, news

March 29, 2015

2317

LifePay Launched Internet Acquiring And Lending Services

LifePay has launched 2 new products in its line: online acquiring and SME-lending for working capital (in a month they are launching POS-lending – when entrepreneurs sell their goods and services on credit – this model is used by FinanceIt) (more…)

Fintech news, Hotnews, Mobile payments/banking, p2p/online lending, POS/mPOS and online acquiring

March 27, 2015

630

Amazon’s New Unlimited Cloud Storage Is Absurdly Cheap

WIRED: The steady march towards cheaper cloud storage has just turned into a sprint. Rather than being merely competitive with leaders like Google Drive, Dropbox, and iCloud, Amazon has decided to undercut their pricing by more than half. In some cases, much, much more. (more…)

Fintech news, Influences FinTech, Mobile payments/banking, Mobile-first banks, news

March 26, 2015

635

Google Will Reportedly Let You Pay Bills In Gmail Later This Year

THE NEXT WEB: Pretty much everyone gets their bills by email nowadays, but what if you could pay right from your inbox too? Google is apparently working on that, according to a report by Recode. The tool is currently dubbed Pony Express. It’s likely that won’t end up being the final name, but we can hope. (more…)

Fintech news, Mobile payments/banking, news

March 25, 2015

1743

ShopKeep Buys Payment Revolution, Adds Payment Processing To Its Point Of Sale Solution

TECHCRUNCH: ShopKeep (cash-register & mPOS) bought payment processor company Payment Revolution and is going to add payment processing to its current POS offer

(more…)

Deals, Fintech news, Mobile payments/banking, Mobile-first banks, POS/mPOS and online acquiring

March 25, 2015

635

How Apple Pay Exposes Security Flaws In Banking

THE NEXT WEB: With Apple Pay coming out, it seems as if there is a whole new technology that has just been released. In reality, NFC payments have been around for a while, but Apple is the platform that has enough user adoption that will actually result in mass adoption. Thus far, we have seen just the start, with further tech such as the Apple Watch supplementing further growth. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

March 24, 2015

721

Razorpay Offers Stripe-Style Payments Focused Squarely On Indian E-Commerce Plays

TECHCRUNCH: The rise of companies like FlipkartSnapdeal and Ola have put a spotlight on the e-commerce opportunity in India, where the growth of catchy businesses is being fuelled by consumer demand, improving Internet connectivity and generous VC funding. Now, a new startup called Razorpay — part of the current Y Combinator class — is hoping to ride that trend, by giving more startups and larger tech companies in the country the ability to make it easier to integrate payments into their services. (more…)

Fintech news, India, InspirAsia, Mobile payments/banking, news

March 22, 2015

699

Amazon Loses Its General Manager Of Payments Following Wallet Shutdown

TECHCRUNCH: Amazon’s VP and General Manager of Payments, Matt Swann, who most recently oversaw initiatives including Amazon’s Square competitor called Local Register and Amazon Wallet, has left the company, TechCrunch has confirmed. The move comes shortly after Amazon shut down its beta version of Wallet in January amid mediocre reviews, and an increasingly competitive landscape where Apple Pay and Google Wallet now dominate.

(more…)

eWallets, Fintech news, Mobile payments/banking, Mobile-first banks, news

March 20, 2015

2470

10 Major Trends of the 2014 Year

Vladislav Solodkiy, Managing Partner of Life.SREDA VC, highlights ten most interesting trends of 2014 year in FinTech industry.

(more…)

Columns, Mobile payments/banking, Mobile-first banks

March 19, 2015