14 February 2016

All payments news

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.

Is Paym a failure?

Is Paym a failure?

11 February 2016  | 17 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.

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.

City grandee Rich Ricci joins fintech revolution at freemarketFX

City grandee Rich Ricci joins fintech revolution at freemarketFX

10 February 2016  | 0 comments | 9 tweets | 1 linkedin

Rich Ricci, formerly CEO of Barclays Corporate and Investment Banking, is the latest in a growing list of financial services grandees to lend their business heft to a disruptive technology startup, joining currency exchange freemarketFX as chairman.

WorldRemit raises $45 million

WorldRemit raises $45 million

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

UK money transfer service WorldRemit has raised $45m in financing from TriplePoint Venture Growth BDC Corp. and Silicon Valley Bank, taking its total funding to nearly $200m.

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