27 May 2017
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Latest payments news

Qatar bank trials DLT for international money transfers

Qatar bank trials DLT for international money transfers

12 April 2017  |  6268 views  |  0 comments | 6 tweets | 8 linkedin

Qatar-based Commercial Bank has carried out a pilot using blockchain technology to complete international fund transfers with partner banks and now plans to extend its testing to trade finance.

After Apple Pay loss, Westpac turns to Samsung Pay

After Apple Pay loss, Westpac turns to Samsung Pay

11 April 2017  |  8027 views  |  1 comments | 5 tweets | 12 linkedin

Having lost its bitter Apple Pay battle, Australia's Westpac has signed up to support a rival NFC mobile payments service from Samsung.

Mastercard gets CMA approval for Vocalink acquisition

Mastercard gets CMA approval for Vocalink acquisition

11 April 2017  |  6837 views  |  1 comments | 10 tweets | 22 linkedin

The UK's Competition and Markets Authority (CMA) has cleared Mastercard's £700 million acquisition of Vocalink after the card giant promised to take steps to address the watchdog's concerns.

Visa Everywhere Initiative lands in Europe with EUR50,000 prize

Visa Everywhere Initiative lands in Europe with EUR50,000 prize

11 April 2017  |  6754 views  |  0 comments | 6 tweets | 5 linkedin

Visa is bringing its Everywhere Initiative to Europe, dangling a EUR50,000 prize in front of fintech startups, inviting them to pitch ideas that link digital payments with local communities and travel.

Hong Kong enters central bank digital currency fray

Hong Kong enters central bank digital currency fray

11 April 2017  |  6384 views  |  0 comments | 15 tweets | 15 linkedin

The Hong Kong Monetary Authority (HKMA) has teamed up with local banks and the R3 consortium to explore the creation of a central bank digital currency.

Minecraft gets own currency

Minecraft gets own currency

10 April 2017  |  3907 views  |  0 comments | 9 tweets | 3 linkedin

Minecraft, the hugely popular sandbox video game owned by Microsoft, is introducing its own currency for a new marketplace of add-ons built by third-party developers.

Facebook Messenger AI assistant offers payments suggestions

Facebook Messenger AI assistant offers payments suggestions

10 April 2017  |  12311 views  |  1 comments | 19 tweets | 20 linkedin

Facebook has revamped its AI assistant for Messenger, M, letting it butt into conversations about payments to offer help with sending and requesting money.

Challenger banks and incumbents to share the stage for Finextra NextGen conference

Challenger banks and incumbents to share the stage for Finextra NextGen conference

07 April 2017  |  7124 views  |  0 comments | 3 tweets | 5 linkedin

A strong line-up of challenger banks, established banks and fintech startups will take to the podium at Finextra's forthcoming NextGen banking event in London on 9 May to debate the disruptive forces reshaping the banking sector.

Stripe opens up Atlas service to US startups

Stripe opens up Atlas service to US startups

06 April 2017  |  4344 views  |  0 comments | 6 tweets | 8 linkedin

Payments processor Stripe is inviting US firms to take advantage of Atlas, its service which helps entrepreneurs get incorporated, open a bank account and start accepting payments.

ISO rolls out new standards for mobile banking

ISO rolls out new standards for mobile banking

06 April 2017  |  8967 views  |  2 comments | 19 tweets | 35 linkedin

International standards body ISO has rolled out a new set of specifications for mobile banking aimed at promoting financial inclusion.

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