22 September 2017
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Latest payments news

EIB provides EUR30 million in debt funding to iZettle

EIB provides EUR30 million in debt funding to iZettle

19 September 2017  |  4037 views  |  0 comments | 2 tweets | 4 linkedin

Swedish mPOS vendor iZettle is to get EUR30 million in debt funding from the European Investment Bank to help it better understand the technology needs of small companies.

GoCardless raises $22.5 million

GoCardless raises $22.5 million

19 September 2017  |  4377 views  |  0 comments | 7 tweets | 7 linkedin

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.

SBI Ripple Asia advances on South Korea

SBI Ripple Asia advances on South Korea

19 September 2017  |  7744 views  |  0 comments | 16 tweets | 1 linkedin

Ripple is to work with financial institutions in South Korea to enable blockchain-based cross-border payments transfers with Japanese banks.

ING-backed money management app Yolt gets smarter

ING-backed money management app Yolt gets smarter

19 September 2017  |  5887 views  |  0 comments | 15 tweets | 13 linkedin

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.

Apple P2P payments service nears launch

Apple P2P payments service nears launch

18 September 2017  |  8346 views  |  0 comments | 19 tweets | 27 linkedin

Apple's peer-to-peer payments feature will not go live with the launch of iOS 11 tomorrow but will arrive this Autumn, enabling users to send money and get paid in Messages.

Commbank adds Android Pay and Garmin Pay support

Commbank adds Android Pay and Garmin Pay support

18 September 2017  |  4509 views  |  0 comments | 3 tweets | 3 linkedin

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.

HSBC switches on selfie payments in China

HSBC switches on selfie payments in China

18 September 2017  |  12839 views  |  0 comments | 27 tweets | 42 linkedin

HSBC customers in China can now make payments with a selfie, thanks to the introduction of facial recognition technology in the bank's mobile app.

Google makes bid for cashless India with new mobile app

Google makes bid for cashless India with new mobile app

18 September 2017  |  6453 views  |  0 comments | 30 tweets | 32 linkedin

Google has launched Tez, a mobile payments app which utilises India's Unified Payments Interface to enable smartphone users to send money to each other and pay for goods and services both offline and online.

ING hails tap-and-pay charity donation boxes

ING hails tap-and-pay charity donation boxes

18 September 2017  |  5841 views  |  1 comments | 15 tweets | 16 linkedin

Dutch bank ING says that a contactless charity donation box trial has proved a big hit, resulting in the value of average donations more than doubling that seen with old fashioned cash collection tins.

Equifax hack: Visa and Mastercard flag 200k compromised credit cards

Equifax hack: Visa and Mastercard flag 200k compromised credit cards

15 September 2017  |  11191 views  |  2 comments | 6 tweets | 17 linkedin

The details of more than 200,000 Visa and Mastercard cards were stolen during the recent cyber-breach at credit referencing firm Equifax.

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