National Australia Bank's venture capital arm has joined a $9 million Series A financing round for BrickX, a real estate investment platform that lets people pay small sums for slices of properties.
Russian telco MegaFon is to embed a virtual card from Mastercard into its mobile phone accounts to enable subscribers to pay for goods and services using Apple and Samsung handsets.
Square boss Jack Dorsey has billed bitcoin as a transformational opportunity for the company as fourth-quarter results show an upsurge in use of the P2P Square Cash app.
In a rare meeting of the public and private markets, crowdfunding platform Seedrs says private investors have responded enthusiastically to the opportunity to invest in fintech venture firm Augmentum, surpassing the initial £500,000 target that Seedrs set for its portion of the IPO in the first 24 hours.
Mastercard is to use the popular Facebook Messenger platform as a vehicle for encouraging small businesses in Africa and Asia to move to QR-code based mobile payments.
The UK's Payment Systems regulator has set up a steering group composed of representatives from banks and consumer groups to develop an industry code for reimbursing victims of authorised push payment (APP) scams.
The mobile money industry processed transactions worth a billion dollars a day in 2017, helping to drive financial inclusion around the world, according to the latest GSMA report.
CULedger, a consortium of American credit unions exploring potential use cases for distributed ledger technology, has teamed up with DLT specialist Evernym on a digital identity system.
With research suggesting that wearable payments' moment may finally be arriving, Visa has struck deals with National Bank of Greece and CaixaBank to enable customers to carry out transactions through their jewellery and watches.
Virgin Money spent £38.3 million last year building the technology backbone for its new digital challenger bank.
© Finextra Research 2018