01 August 2015

All payments news

Deutsche Bank backs blockchain potential

15 hours ago  | 0 comments | 15 tweets | 11 linkedin

Deutsche Bank is the latest major financial institution to laud the potential of the blockchain, confirming that it is exploring the use of distributed ledger technology for everything from securities clearing and settlement to anti-money laundering registries.

MasterCard has shelled out $61 million to UK supermarket chain Tesco in the first of an expected wave of settlements by card schemes over interchange fee lawsuits lodged by British retailers.

London traders have been urged to start using contactless payments as part of a £20 million fund established by City Hall to regenerate the capital's high streets.

Will Uber be the Uber of banking?

30 July 2015  | 2 comments | 39 tweets | 30 linkedin

The Uber of banking might well turn out to be....Uber, as the darling of the startup scene ditches banking partner Santander to set up its own car financing arm.

MasterCard to connect Europe to Samsung Pay

30 July 2015  | 2 comments | 18 tweets | 11 linkedin

Samsung has struck a deal with MasterCard to connect European card issuers to the handset manufacturer's forthcoming mobile payments service.

Commerzbank venture fund invests in iwoca

30 July 2015  | 0 comments | 6 tweets | 3 linkedin

The venture capital arm of Germany's CommerzBank has joined in a $20m funding round for UK-based SME lending platform iwoca.

Payments announcements

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