27 March 2017
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Samsung Galaxy S8 to use facial recognition for payments - Bloomberg
Mobile & online

Samsung Galaxy S8 to use facial recognition for payments - Bloomberg

16 March 2017  |  8879 views  |  0 comments | 35 tweets | 28 linkedin

Samsung's new Galaxy S8 flagship handset will use facial-recognition technology to verify payments, according to Bloomberg.

First Data boosts e-commerce biz through Acculynk acquisition
Security

First Data boosts e-commerce biz through Acculynk acquisition

16 March 2017  |  4161 views  |  0 comments | 5 tweets | 6 linkedin

US fintech giant First Data is strengthening its e-commerce hand through the acquisition of Atlanta-based Acculynk. Financial terms of the deal were not disclosed.

Britain to go cashless in 2043?
Cards

Britain to go cashless in 2043?

14 March 2017  |  10070 views  |  4 comments | 20 tweets | 27 linkedin

Britain will finally be cashless by 2043, at least that's what an online casino is betting after examining paper money's form.

Alibaba leads $200 million investment in Paytm e-commerce unit
Mobile & online

Alibaba leads $200 million investment in Paytm e-commerce unit

03 March 2017  |  8789 views  |  0 comments | 10 tweets | 10 linkedin

The e-commerce arm of Indian mobile wallet giant Paytm has raised $200 million in a funding round led by China's Alibaba.

Mastercard partners Turkish retailer on Messenger bot payments
Mobile & online

Mastercard partners Turkish retailer on Messenger bot payments

02 March 2017  |  7432 views  |  0 comments | 11 tweets | 10 linkedin

Mastercard has teamed up with Getir to let the Turkish mobile retailer's customers make payments through its Facebook Messenger bot.

EBA to relax controversial PSD2 authentication rules
Retail banking

EBA to relax controversial PSD2 authentication rules

21 February 2017  |  17348 views  |  8 comments | 55 tweets | 77 linkedin

The European Banking Authority is to relax proposed rules on a requirement for strong customer authentication for all payments under EUR10, after being on the receiving end of a volley of complaints from industry participants who claimed that the mandate would lead to more declined transactions and abandoned purchases at the checkout.

QR code-based payment initiative rolls out in India
Payments

QR code-based payment initiative rolls out in India

20 February 2017  |  7651 views  |  5 comments | 10 tweets | 18 linkedin

A government sponsored quick response(QR)code-based payment service, IndiaQR, has launched today in India, heralding the next major step in its ambition to be a cashless society.

Asia catching US in value of fintech deals
Retail banking

Asia catching US in value of fintech deals

20 February 2017  |  3798 views  |  0 comments | 5 tweets | 7 linkedin

Venture capital investment in Asia-based fintech start-ups reached $5.4 billion in 2016 just shy of the $5.5 billion invested in the US.

Kevin the bot uses blockchain to offer insurance for P2P transactions
Payments

Kevin the bot uses blockchain to offer insurance for P2P transactions

16 February 2017  |  11824 views  |  0 comments | 19 tweets | 15 linkedin

Madrid-based online reputation startup Traity has launched a chatbot that uses an "open blockchain balance sheet" to provide micro-insurance for people carrying out P2P transactions

Klarna agrees £60 million deal to acquire Wonga's BillPay
Retail banking

Klarna agrees £60 million deal to acquire Wonga's BillPay

06 February 2017  |  6275 views  |  0 comments | 13 tweets | 15 linkedin

Fast-growing Swedish payments startup Klarna has acquired Germany's BillPay, a Berlin-based consumer financing outfit owned by UK payday lender Wonga.

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