29 May 2017
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Latest payments news

TransferWise launches multi-currency business bank accounts

TransferWise launches multi-currency business bank accounts

23 May 2017  |  7550 views  |  0 comments | 12 tweets | 21 linkedin

TransferWise is moving further into traditional banking territory, setting up a 'borderless' bank account for businesses that need a multi-currency account for trading in overseas markets.

Citi and Nasdaq run blockchain-based settlement for private securities

Citi and Nasdaq run blockchain-based settlement for private securities

22 May 2017  |  6392 views  |  1 comments | 9 tweets | 15 linkedin

Citi is providing financial resolution for secondary market transactions conducted over Nasdaq's Linq Platform, using distributed ledger technology from Chain to address the challenges of liquidity in private securities by streamlining payment transactions between multiple parties.

Twenty-seven arrested over ATM jackpotting attacks

Twenty-seven arrested over ATM jackpotting attacks

22 May 2017  |  4457 views  |  0 comments | 5 tweets | 6 linkedin

Police forces across Europe have arrested 27 individuals linked with so-called ATM 'Black Box' attacks, in which criminals connect electronic devices to a cash machine and remotely force it to spew out all of its cash.

Banks must get on AI bandwagon now – new Finextra research

Banks must get on AI bandwagon now – new Finextra research

19 May 2017  |  10764 views  |  0 comments | 22 tweets | 32 linkedin

Big data, faster processing and cheap storage make it possible to turn the vision of AI in banking, developed over decades, into reality – today. The technology will only improve, and not engaging now would be to run the risk of falling behind never to catch up, finds a new Finextra research paper.

BBVA brings info and payments to social and messaging networks

BBVA brings info and payments to social and messaging networks

19 May 2017  |  7010 views  |  0 comments | 11 tweets | 18 linkedin

BBVA is embedding more deeply with social and messaging networks through a new bot that lets Spanish customers access financial information via Facebook and Telegram, and a tool for making payments from Whatsapp.

Google and PayPal partner for mobile shopping by fingerprint

Google and PayPal partner for mobile shopping by fingerprint

18 May 2017  |  10042 views  |  0 comments | 28 tweets | 30 linkedin

Android Pay users that have linked their PayPal accounts will soon be able to pay for goods when mobile shopping using the Chrome browser with just just a touch of their fingerprint.

Paytm to open new Payments Bank next week

Paytm to open new Payments Bank next week

18 May 2017  |  5932 views  |  0 comments | 5 tweets | 6 linkedin

Indian mobile wallet giant Paytm is to open its new Payments Bank on 23 March, joining telco Bharti Airtel as one of the first non-banks to take advantage of the Government's relaxing of restrictions on bank licensing in an effort to boost financial exlusion.

SME invoice financing startup Qupital secures $2 million seed funding

SME invoice financing startup Qupital secures $2 million seed funding

18 May 2017  |  3959 views  |  0 comments | 3 tweets

Hong Kong online invoice discounting exchange Qupital has secured $2 million in seed funding.

Fintech unicorn Transferwise moves into the black

Fintech unicorn Transferwise moves into the black

17 May 2017  |  5950 views  |  0 comments | 25 tweets | 18 linkedin

Fintech unicorn Transferwise says the company has reached operational profitability six years after launch.

Chase joins $50m LevelUp funding round

Chase joins $50m LevelUp funding round

16 May 2017  |  4170 views  |  0 comments | 6 tweets | 1 linkedin

JPMorgan Chase has joined a $50 million funding round for LevelUp, a Boston-based mobile payments service that lets customers order ahead at partner restaurants.

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