30 January 2015

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Google brings e-mail money transfer system to Europe

19 hours ago  | 0 comments | 26 tweets | 11 linkedin

Google is rolling out its e-mail-based money transfer system in the UK, almost two years after the feature was first released in the US.

Visa Europe has signed a six-figure product placement deal with British television network ITV that will see contactless payments get high profile outings on prime-time soaps Coronation Street and Emmerdale.

Scammers have duped unsuspecting victims out of at least $11 million in bitcoin over the last four years, according to researchers from Southern Methodist University, Dallas.

Indian telco Bharti Airtel says that it will apply for a payments bank license as it prepares to make a grab for the country's huge underexploited mobile banking market.

North American bank IT spending is set to grow from $59.5 billion in 2014 to $62.2 billion in 2015, as the region's banks continue to right-size their branch networks and overhaul their online and mobile channels.

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MasterCard kicks off global hackathon challenge in Sydney

18 hours ago  | 0 comments | 2 tweets | 1 linkedin

MasterCard has kicked off the first in a series of ten global hackathons in Sydney, where developers will compete for a place in the final and the chance to win a $100,000 grand prize

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Visa Europe is to invest more than EUR200 million in new payment technologies to accelerate the growth of digital payments after reporting record transaction volumes for 2014.

South Africa's Standard Bank has opened an innovation centre in Johannesburg in an effort to foster a startup culture.

Bats Global Market has acquired institutional spot foreign exchange market Hotspot FX from KCG Holdings in a cash transaction valued at $365 million.

Payments

Alibaba's Ant Financial takes credit scoring to a new level

28 January 2015  | 0 comments | 12 tweets | 18 linkedin

Ant Financial, the financial services arm of e-commerce giant Alibaba, is leveraging Big Data technology and all of its considerable customer assets to launch a powerful new credit scoring agency.

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