01 December 2015

All payments news

German mobile payments outfit Yapital wound down

11 hours ago  | 3 comments | 4 tweets | 4 linkedin

German retail giant Otto Group is shutting down its Yapital mobile payments business, blaming a competitive market and weak consumer take up.

Fintech firm Tyro raises A$100m to take on Australia's banks

20 hours ago  | 0 comments | 7 tweets | 7 linkedin

Australian Eftpos outfit Tyro Payments has scored a A$100 million funding round to help it move into banking, taking on the country's traditional lenders in the battle for small business customers.

Swatch teams with Visa to launch pay-by-wrist watch

30 November 2015  | 1 comments | 22 tweets | 18 linkedin

Swatch has partnered with Visa to launch its 'pay-by-the-wrist' Bellamy watch in the US, Switzerland and Brazil in early-2016.

Canadian neobank Koho partners Visa ahead of launch

30 November 2015  | 1 comments | 4 tweets | 2 linkedin

Canadian neobank Koho has struck a deal with Visa as it gears up for a launch early next year, taking on the country's big five providers in the battle for Generation Y.

EPC publishes proposals for pan-European instant payments scheme

27 November 2015  | 3 comments | 35 tweets | 33 linkedin

The European Payments Council has released proposals for the design of a pan-European instant credit transfer scheme, with the aim of bringing real-time money transfers across the Sinlge Euro Payments Area (Sepa) by November 2017.

Mexico's BBVA Bancomer has become the first bank to commercially implement technology that replace static three-digit security codes with a dynamic CVV/CVC that changes every 20 minutes as part of its mobile wallet app.

Payments announcements

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