Italian P2P payments app Jiffy is heading to the high street, with deployment at over 150 retail stores in Milan, Rome and Turin.
Bread, a startup that builds customisable pay-over-time financing options for online merchants, has raised $126 million in equity and debt financing.
Skype is integrating with PayPal to enable users to send money to their contacts while chatting over iOS and Android mobile devices.
Payconiq, the ING-derived mobile payments app supported by a coalition of banks in Belgium and Holland, is moving into Luxembourg with the acquisition of Digicash.
Royal Bank of Canada (RBC) has revamped its app, enabling customers to ask Apple's Siri assistant to pay their bills on iPhone and iPad.
With WhatsApp hotly tipped to enter the Indian digital payments space, Paytm is set to make a move in the opposite direction, launching its own messaging service.
Sixty-two percent of European financial institutions expect to increase spending on payments technology throughout 2017, driven by the revenue-generating opportunities of instant payments and the need for increased operational efficiency.
With the tenth anniversary of the introduction of contactless cards in the UK fast approaching, Barclaycard is forecasting that tap and pay spending will soar by more than 300% over the next four years as seven-in-ten Brits begin to use the technology more frequently for everyday purchases.
DueCourse, a fintech startup in the crowded invoice financing space has gone into administration less than a year after pulling in a £6.5 million funding round.
Tennis champ Andy Murray is one of tens of thousands of investors to have pledged to join a multi-million pound crowdfunding round for digital banking outfit Revolut.
© Finextra Research 2017