14 February 2016

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Visa reveals major Square stake

Visa reveals major Square stake

12 February 2016  | 0 comments | 4 tweets | 5 linkedin

Shares in Jack Dorsey's Square received a much needed boost on Friday on news that Visa has a 9.99% stake of Class A shares in the payments firm.

A strong line-up of challenger banks, established banks and government and regulatory officials will take to the podium at Finextra's forthcoming NextGen banking event at London’s Level39 in Canary Wharf to debate the disruptive forces reshaping the banking sector.

BBVA increases newly independent fintech venture fund to $250m

BBVA increases newly independent fintech venture fund to $250m

11 February 2016  | 1 comments | 15 tweets | 11 linkedin

BBVA is shaking up the way it invests in fintech startups, closing its $100 million in-house fund and pumping $250 million into a new independently managed outfit called Propel Venture Partners.

Is Paym a failure?

Is Paym a failure?

11 February 2016  | 16 comments | 23 tweets | 16 linkedin

This week UK mobile P2P payment platform Paym published its latest figures on user uptake and transaction volumes. Hakim Mendjeli, former head of mobile product and strategy at Lloyds Banking Group, sifts through the data.

Absa alert warns customers of future spending shortfalls

Absa alert warns customers of future spending shortfalls

10 February 2016  | 0 comments | 10 tweets | 12 linkedin

South Africa's Absa Bank is piloting a new predictive spending alert that warns customers if they are about to go into the red and offers customised options to help them better manage their finances.

ANZ launches mobile payments service for Android smartphones

ANZ launches mobile payments service for Android smartphones

10 February 2016  | 0 comments | 9 tweets | 6 linkedin

ANZ has followed in the footsteps of compatriot NAB with the launch of a new mobile payment service for Android smartphones, ANZ Mobile Pay, as the country's biggest banks continue their boycott of iOS rival Apple Pay.

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