27 May 2017
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Latest payments news

Western Union and MoneyGram unveil Facebook Messenger bots; Mastercard and Amex pile in

Western Union and MoneyGram unveil Facebook Messenger bots; Mastercard and Amex pile in

19 April 2017  |  11192 views  |  0 comments | 19 tweets | 21 linkedin

MoneyGram and Western Union have both launched bots that lets customers in the US send money transfers to tens of thousands of locations around the world through Facebook Messenger.

Ant Financial raises MoneyGram offer to $1.2bn

Ant Financial raises MoneyGram offer to $1.2bn

18 April 2017  |  4912 views  |  0 comments | 8 tweets | 5 linkedin

Ant Financial has increased its bid to buy MoneyGram by 36%, to around $1.2 billion, in an effort to fight off competition from Euronet.

PayPal forges mobile payments deal with Google

PayPal forges mobile payments deal with Google

18 April 2017  |  7603 views  |  0 comments | 19 tweets | 22 linkedin

Consumers in the US will soon be able to use PayPal in Android Pay to make purchases at retailers in-store, in-app and online.

Zelle P2P network zooms past Venmo

Zelle P2P network zooms past Venmo

18 April 2017  |  5487 views  |  3 comments | 9 tweets | 12 linkedin

The American bank-backed Zelle network processed 170 million person-to-person payments last year boasting an aggregate transaction volume of $55 billion, more than double that of PayPal-owned rival Venmo.

Swift and EastNets deny hacker claims that NSA infiltrated back door to spy on Mid East banks

Swift and EastNets deny hacker claims that NSA infiltrated back door to spy on Mid East banks

18 April 2017  |  6093 views  |  0 comments | 5 tweets | 7 linkedin

Both Swift and EastNets have denied reports that the US National Security Agency accessed a backdoor to the bank network to plant spyware and monitor data traffic from a number of Middle East banks.

After trashing Swift gpi, Ripple hires its biz director

After trashing Swift gpi, Ripple hires its biz director

13 April 2017  |  12153 views  |  1 comments | 10 tweets | 7 linkedin

Ripple has stepped up its rivalry with Swift, poaching Marjan Delatinne, who had been business director at the messaging network's new gpi programme - an offering Ripple has loudly trashed.

Android Pay gets inside bank apps

Android Pay gets inside bank apps

12 April 2017  |  9597 views  |  0 comments | 16 tweets | 13 linkedin

Google has teamed up with several banks - including BofA - to let customers add cards to Android Pay from within their apps.

Transferwise boss warns fintech startups against Brexit Britain

Transferwise boss warns fintech startups against Brexit Britain

12 April 2017  |  11730 views  |  6 comments | 15 tweets | 8 linkedin

At a government-backed conference designed to trumpet the UK as a post-Brexit fintech powerhouse, the CEO of Transferwise went off-message, suggesting startups should avoid London and confirming that his own firm will move its European headquarters to the mainland.

Ant Financial brings mobile payments to Indonesia

Ant Financial brings mobile payments to Indonesia

12 April 2017  |  5545 views  |  0 comments | 9 tweets | 4 linkedin

In its latest foray outside of China, Ant Financial has teamed up with Indonesia's Emtek Group on a mobile payments and financial services joint venture.

Swift introduces tool to help banks spot fraudulent messages

Swift introduces tool to help banks spot fraudulent messages

12 April 2017  |  6870 views  |  1 comments | 6 tweets | 18 linkedin

Swift has unveiled a real-time payment controls service designed to help banks spot fraudulent messages and avoid a repeat of the infamous Bangladesh Bank attack.

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