29 May 2017
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Latest payments news

National Bank of Cambodia inks DLT development deal

National Bank of Cambodia inks DLT development deal

24 April 2017  |  5592 views  |  0 comments | 6 tweets | 3 linkedin

The National Bank of Cambodia is teaming up with distributed ledger technology specialist Soramitsu to develop the use of the Hyperledger Iroha software framework for a possible new payment infrastructure.

Plastc goes into meltdown

Plastc goes into meltdown

21 April 2017  |  8863 views  |  2 comments | 12 tweets | 7 linkedin

Plastc, an all-in-one card and mobile app that promised to put an end to bulging wallets and revolutionise the way we pay, has filed for bankruptcy three years after launch without shipping a single product.

BBVA runs live funds transfers over Ripple

BBVA runs live funds transfers over Ripple

21 April 2017  |  15800 views  |  0 comments | 35 tweets | 20 linkedin

BBVA has run its first live cross-border transaction using the Ripple protocol.

Coinbase plans Ethereum messaging app

Coinbase plans Ethereum messaging app

21 April 2017  |  11130 views  |  0 comments | 15 tweets | 16 linkedin

Bitcoin exchange and virtual wallet operator Coinbase is bidding to emulate China's hugely popular WeChat through a new unit that will offer a secure messaging app, an Ethereum wallet and a browser for Ethereum apps.

NatWest launches three-minute business loan application

NatWest launches three-minute business loan application

20 April 2017  |  7234 views  |  0 comments | 11 tweets | 7 linkedin

NatWest is launching a new lending platform for small businesses, providing clients with an individual pre-configured financing assessment viewable online and cutting the time taken for approval from 21 days to three minutes.

Alipay and WeChat near $3 trillion payments milestone

Alipay and WeChat near $3 trillion payments milestone

20 April 2017  |  12291 views  |  0 comments | 36 tweets | 41 linkedin

A new study by the UN-based Better Than Cash Alliance reveals that Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments in 2016, representing a 20-fold increase in the past four years.

Dutch banks back all-in-one mobile payments tech from ING

Dutch banks back all-in-one mobile payments tech from ING

20 April 2017  |  9925 views  |  0 comments | 20 tweets | 24 linkedin

Six Dutch banks are getting behind ING's multi-purpose mobile payments app Payconiq for a Summer roll out in the Netherlands.

South Africa gives the thumbs up to biometric cards

South Africa gives the thumbs up to biometric cards

20 April 2017  |  7739 views  |  0 comments | 14 tweets | 11 linkedin

Mastercard is preparing to roll out biometric cards combining chip technology with fingerprints after getting the thumbs up from early-stage trials in South Africa.

South Korea makes coinless society push

South Korea makes coinless society push

19 April 2017  |  5349 views  |  1 comments | 18 tweets | 15 linkedin

As it bids to become a coinless society by 2020, South Korea is preparing a pilot that will give shoppers the chance to receive their change in the form of a top-up to prepaid cards.

Intercontinental card data breach hits 1200 hotels

Intercontinental card data breach hits 1200 hotels

19 April 2017  |  7091 views  |  0 comments | 6 tweets | 10 linkedin

InterContinental Hotel Group says that it has found malware designed to steal payment card details at around 1200 of its franchise hotels in the US.

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