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Mobile payments/banking
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440

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

657

Revolut is the latest fintech startup trying to convince you it is better than a bank

By  for Business Insider

Fast-growing fintech firm Revolut has become the latest company to get into the crowded “neobanking” market — apps that are either banks or offer services so close to banking that they may as well be. (more…)

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

February 12, 2017

668

Apple Pay in Australia Picks Up Support From Macquarie And ING

In the latest bit of Apple Pay expansion news, Macquarie Group and ING Direct have announced that they will start using Apple Pay in Australia this month. (more…)

Banks, Fintech news, Mobile payments/banking

February 11, 2017

708

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

646

Samsung Pay launches in Thailand

By  for TechInAsia

Samsung Pay, the Korean mobile giant’s cashless payment service, has officially landed in Thailand, the company announced today. The service has been running in the country in an “early access” fashion for a limited number of users since October last year. (more…)

Fintech news, Mobile payments/banking, Thailand

February 8, 2017

488

Moven Announces UK Launch During FinovateEurope 2017

By LTP

Finance help app, which is aimed at millennials and anyone else who wants to better monitor their spending, takes just four weeks to launch its UK app (more…)

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

February 8, 2017

907

How Chinese mobile payments are quietly conquering the world

By  for TechNode

While mobile payments have been off to a slow start in most of the Western world—even the rollout of EMV chip payments in the United States is far behind schedule—China has become the melting pot for mobile payment solutions. (more…)

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

February 6, 2017

495

SIX issues mobile credit card in Austria

By Finextra

SIX Payment Services has issued a SIM-based virtual credit card for making mobile payments in Austria. (more…)

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

February 4, 2017

474

Deposify signs first US bank

By Finextra

Leading security deposit management service, Deposify, today announced its banking partnership with People’s United Bank – one of the Northeast’s largest, community-based, regional banks, offering commercial and retail banking, as well as wealth management services, through a network of nearly 400 retail locations. (more…)

Banks, Fintech news, Mobile payments/banking

February 4, 2017

454

Why this niche lender went DIY to build a sales app

By Bryan Yurcan for American Banker

EnerBank USA has built its business over the last 15 years by financing home improvement projects nationwide over the phone. It is now looking to disrupt itself with a homegrown app.

(more…)

Banks, Fintech news, Mobile payments/banking, p2p/online lending

February 4, 2017

575

BankMobile to add visualizations in relaunched app

By Penny Corpsman for American Banker

To help millennials who may not have a firm handle on their finances or even on math in general, Customers Bancorp is adding visualizations to its soon-to-be-relaunched BankMobile app.

(more…)

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

February 4, 2017

806

One Of The Biggest B2B FinTech Funding Weeks In Months

It was one of the biggest weeks for B2B FinTech investment in months. Alternative lending, eProcurement and cross-border payments innovators all saw impressive activity (though several funding values remained private), and one single startup raised $165 million — more than the rest of the eight other funding rounds this week combined. (more…)

Deals, Fintech news, Mobile payments/banking, Payment processors/providers/gateways

February 3, 2017

849

Mobile Payment Trends to Watch out for in 2017

By LTP

The latest advancements in mobile technology led to the introduction of convenient services, such as mobile payment systems. Smartphones have gone beyond the call of duty, as businesses and banks are now leveraging the Internet of Things (IoT) to expand their reach and offer a fast and convenient service to consumers. (more…)

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

February 3, 2017

578

Emirates NBD launches bank for the millennial generation

By Finextra

Designed and developed by a team of millennials, Emirates NBD has launched a lifestyle-focused digital-only bank, Liv..  (more…)

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

February 3, 2017

453

Google kills off Hands Free payments app; Samsung Pay comes to more Android handsets

By Finextra

After a 10 month pilot, Google is ditching its Hands Free payments app, which let users leave their wallets and phones in their pockets and pay just by talking. (more…)

Fintech news, Mobile payments/banking

February 3, 2017

476

Coin will shut down its product services at the end of February

By  for TechCrunch

This was all inevitable, of course. Fitbit has made its plans for Coin clear since it bought the mobile payment company back in May of last year. At the time, the wearable maker announced that it was shutting down the Coin Developer Program, though cards would remain active until their batteries finally gave up the ghost. (more…)

Fintech news, Mobile payments/banking

February 1, 2017

671

Square to save sellers $350 in processing fees if they use Apple Pay

By  for VentureBeat

Square wants to encourage more usage of Apple Pay, and to do so, it’s cutting some of its fees. The cuts will save businesses up to $350 so they can process more than $12,000 in payments through the mobile payment technology — but only for a limited time. (more…)

Fintech news, Mobile payments/banking, POS/mPOS and online acquiring, SME

January 31, 2017

573

Will Target’s Mobile Payments Play Have A Natural Edge With Millennials?

Target is not the first retailer to go to market with a mobile payments app. Walmart and Kohl’s both made big entrances in 2016 with their respective “Pay” services. But the experts think that, in Target’s case, being third may not be much of an obstacle as it carries a natural advantage with the younger consumers who are most likely to adopt a mobile payments platform to start with. (more…)

Fintech news, Mobile payments/banking

January 31, 2017

586

‘Unified commerce’ can drive user payment experience and merchant sales

By Melissa Gonzalez for PaymentsSource

The payments ecosystem is vast and the complexity is only heightening, but with the right integration of hardware and software solutions providers can empower retailers to not only improve in-store experiences but enhance data collection and the ability to analyze customer behaviors.

(more…)

Analytics, Marketing Report, Mobile payments/banking, POS/mPOS and online acquiring, SME

January 29, 2017

751

Making a Difference with FinTech – Three Examples

By Elena Mesropyan for LTP

There is enough said about the scale of the FinTech industry, its inclusive agenda and massive surrounding ecosystem, but the real value of this industry is not in millions that are moving around in funding, expansion and acquisition deals. The value is measured in micro-processes, in the real, everyday difference FinTech startups make for small businesses and individuals. (more…)

Analytics, Government activities, Mobile payments/banking, p2p-payments, RegTech, SME

January 29, 2017

606

Citi adds credit card scanning to mobile app

By Finextra

Starting today, U.S. Citi credit cardmembers can scan their cards using their mobile device’s camera when activating in the Citi Mobile App.  (more…)

Banks, Fintech news, Mobile payments/banking

January 28, 2017

592

Starbucks mobile orders bring traffic jams to the pickup counter

By Payments source

Starbucks Corp.’s much-ballyhooed mobile-ordering system has brought a painful side effect to the coffee giant: traffic jams at the pickup counter. (more…)

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

January 27, 2017

1756

Singapore’s FinTech Industry Is on the Way to Global Leadership

By Elena Mesropyan for LTP

“Singapore has established an enviable position as a leading Asian financial technology center with an exciting innovation ecosystem, a great talent pool and fantastic infrastructure. It also boasts a business-friendly environment so it was therefore an obvious winner when considering locations for new headquarters for our global operations,” said, Yoshio Tomiie, Head of Commerce at Senjō Group, a privately held investment firm, at the unveiling of the company’s new global HQ in Singapore. (more…)

AI / Machine Learning / Big Data, Blockchain, Crowdfunding/investing, Cryptocurrencies, Financial Markets / Trading, Fintech news, Hotnews, Insurance, Mobile payments/banking, p2p/online lending, Payment processors/providers/gateways, RegTech, Remittances, Security, Singapore

January 26, 2017

1020

7 Fintech Startups in India to Know

By

With more than 400 companies including 200 startups, India has quickly emerged as a fintech products hub. In 2015, these ventures attracted US$420 million in funding, according to a report by the National Association of Software and Services Companies (NASSCOM). (more…)

Fintech news, India, Insurance, Marketing Report, Mobile payments/banking, Payment processors/providers/gateways

January 25, 2017

567

The ‘Socialization’ of Financial Services

By Elena Mesropyan for LTP

Peer networks play an important role in delivering financial services nowadays, bringing the element of social into traditionally corporate-dominated industries. (more…)

About, Global trends, Mobile payments/banking, p2p-payments, p2p/online lending

January 23, 2017

455

Alternative payments are a ‘victim’ of Brexit

By Kirsty Tull for PaymentsSource

As Brexit starts to pick up steam in the coming year, the the impact on banks and the payment processing industry remain to be seen and will likely be far reaching.

(more…)

Global trends, Government activities, Mobile payments/banking, p2p-payments

January 23, 2017

SatoshiPay Raises £640K in Funding

By FinSMEs

SatoshiPaySatoshiPay Ltd, a London, UK-based private nanopayment software and blockchain company, raised £640k in funding.

Blue Star Capital plc (AIM: BLU) made the investment. (more…)

Blockchain, Cryptocurrencies, Deals, Fintech news, Mobile payments/banking

January 21, 2017

1026

China’s fintech industry shows where the rest of the world is heading

By  for TechInAsia

“We need banking but we don’t need banks anymore,” said Bill Gates two decades ago, predicting the explosion in startups creating web and app-based financial services that we’re seeing right now. With nearly US$11 billion last year invested into so-called fintech startups across Asia, the sector is rivaling online shopping and ride-hailing among the hottest tech arenas. (more…)

About, China, Credit scoring, Fintech news, Insurance, Marketing Report, Mobile payments/banking, Mobile-first banks, p2p/online lending

January 21, 2017

482

Payments startup Dwolla raises $6.85M more, debuts Access API

By  for TechCrunch

Some news today from Dwolla, the startup that competes with banks (but also works with them) to provide payments and money transfers with reduced fees by way of more efficient software. The company has raised another round of funding of $6.85 million, and at the same time it’s announcing the relaunch of its white-label API, which it is now calling Access API. (more…)

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

January 21, 2017

534

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