21 September 2017
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Latest electronic bill presentment and payment news

Bank of Baroda calls for calm after big IT glitch
Transaction banking

Bank of Baroda calls for calm after big IT glitch

24 August 2017  |  11295 views  |  1 comments

Customers of India's fourth largest state-owned bank, the Bank of Baroda (BoB), have been asked not to panic after a technical glitch caused thousands of accounts to be wrongly debited.

RBC and NAB invest in financial management software firm Wave
Retail banking

RBC and NAB invest in financial management software firm Wave

30 May 2017  |  4937 views  |  0 comments | 7 tweets | 18 linkedin

National Australia Bank and Royal Bank of Canada have joined a US$24 million funding round for Wave, a Toronto-based provider of financial management software for small businesses.

PayPal moves into bill payments with TIO acquisition
Retail banking

PayPal moves into bill payments with TIO acquisition

15 February 2017  |  5472 views  |  0 comments | 12 tweets | 11 linkedin

PayPal is looking to steal a march on financial services firms in the underbanked bill payment space by acquiring North American processor TIO for $233 million.

ABN Amro pilots 'touchfree' accounting platform for SMEs
Start ups

ABN Amro pilots 'touchfree' accounting platform for SMEs

10 February 2017  |  5191 views  |  0 comments | 5 tweets | 6 linkedin

ABN Amro is working with startup InvoiceSharing to pilot a "touchfree" automated accounting system for small and medium-sized enterprises.

Thiel backs French biz banking startup Qonto
Retail banking

Thiel backs French biz banking startup Qonto

17 January 2017  |  6653 views  |  0 comments | 7 tweets | 3 linkedin

With a slate of stellar investors onboard, Qonto, a French digital business banking service for entrepreneurs and startups, is gearing up for launch.

Lloyds partners startups peddling bill payments tech and AI virtual assistants
Start ups

Lloyds partners startups peddling bill payments tech and AI virtual assistants

20 December 2016  |  11727 views  |  0 comments | 14 tweets | 10 linkedin

Lloyds Banking Group is to test-drive technology presented by two of the ten companies participating in this year's Startupbootcamp demo day in London.

Indian digital payments market to hit $500bn by 2020 - Google
Mobile & online

Indian digital payments market to hit $500bn by 2020 - Google

27 July 2016  |  13708 views  |  1 comments | 28 tweets | 19 linkedin

India is set for a digital payments revolution, with the value of transactions set to hit US$500 billion by 2020, ten times its current level, according to research from Google and the Boston Consulting Group (BCG).

MasterCard agrees £700m VocaLink acquisition
Cards

MasterCard agrees £700m VocaLink acquisition

21 July 2016  |  16784 views  |  15 comments | 36 tweets | 38 linkedin

MasterCard has agreed to pay about £700 million to buy 92.4% of VocaLink, the bank-owned operator of the UK's Faster Payments system and Zapp mobile service.

BNY Mellon Treasury Services taps clearXchange for real-time payments
Mobile & online

BNY Mellon Treasury Services taps clearXchange for real-time payments

22 June 2016  |  6219 views  |  0 comments | 9 tweets | 5 linkedin

BNY Mellon is tapping the clearXchange network to enable its treasury services clients to make real-time payments to consumers through their email addresses or mobile numbers.

Plastiq iPhone app lets users take a photo to pay bills with cards
Cards

Plastiq iPhone app lets users take a photo to pay bills with cards

21 April 2016  |  9289 views  |  3 comments | 9 tweets | 19 linkedin

Startup Plastiq has launched its free iPhone app that lets people in the US and Canada pay bills with their debit and credit cards by snapping a photo.

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