29 August 2014

All payments news

Amazon has hired Visa's North America credit card head Nick Talwar to run its business providing capital to sellers on its marketplace.

Governments should step up efforts to boost the use of digital payments in developing countries to increase financial inclusion, empower women and spur economic growth, according to a World Bank report.

Mobile money firm Monitise is transferring its UK professional services staff to IBM as the two firms ramp up their alliance.

Spain's CaixaBank has struck a EUR500 million deal with Fujitsu to build 8500 cash machines fitted with contactless readers.

Square has revamped its Cash P2P payments app, enabling users to send and receive money via text. Meanwhile, reports suggest that Jack Dorsey's firm is in the process of raising some cash itself, talking to potential investors about a $200 million funding round.

The bitcoin-curious - both enthusiasts and sceptics - are being invited to help put together a report for Santander on the impact that cryptocurrencies will have on banks.

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