30 May 2015

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Mobile fintech investment soaring

17 hours ago  | 0 comments | 16 tweets | 14 linkedin

Fintech may be all the rage, but it is in the mobile arena where the biggest bets are being placed, with over $1.1 billion raised globally across 58 financings in Q1 alone, according to data from CB Insights.

Accelerating growth in mobile remote cheque deposits is set to have a profound effect on the branch channel, according to research from Celent.

Google unveils Android Pay

28 May 2015  | 7 comments | 23 tweets | 27 linkedin

Having seen its Wallet service fail to take off, Google is aiming another shot at the fast-growing mobile payments market with the launch of Android Pay.

Monese, a London-based digital banking service targeting immigrants that have trouble opening accounts with traditional high street players, has raised $1.8 million from Seedcamp, early Spotify investor Shakil Khan and a group of angel investors.

Facebook Messenger payments service arrives in NYC

28 May 2015  | 0 comments | 27 tweets | 19 linkedin

As it arrives in New York City, Facebook Messenger's payments service has been tweaked to make it easier for friends to send money within conversations.

BBVA rolls out 'remote control' card app

27 May 2015  | 0 comments | 25 tweets | 26 linkedin

Spain's BBVA has introduced a 'remote control' Wallet app that enables users to activate and disable a host of card functions, from setting up transaction limits to blocking the use of the card for certain activities.

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