JPMorgan Chase has made an undisclosed investment in Bill.com and aims to use its technology to provide a simpler and faster way for businesses to send and receive invoices and payments
London-based Direct Debit network GoCardless has raised a further $22.5 million in funding from existing investors Accel, Balderton Capital, Notion, and Passion, as it looks to extend its reach across international borders.
Ripple is to work with financial institutions in South Korea to enable blockchain-based cross-border payments transfers with Japanese banks.
Yolt, the UK money management app backed by Dutch banking giant ING, has added a host of new features, including a money transfer comparison service.
Commonwealth Bank of Australia is adding support for Android Pay and NFC payments through Garmin smartwatches, but iPhone users will continue to have to make do with contactless stickers.