21 May 2018
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Latest payments news

MUFG to roll out blockchain payment network next year

MUFG to roll out blockchain payment network next year

13 hours ago  |  3559 views  |  0 comments | 10 tweets | 8 linkedin

Mitsubishi UFJ intends to roll out a new payments platform for micropayments and Internet of Things applications using a blockchain network from Akamai.

PayPal agrees $2.2 billion deal for iZettle

PayPal agrees $2.2 billion deal for iZettle

18 May 2018  |  8979 views  |  6 comments | 15 tweets | 28 linkedin

PayPal has reached an agreement to acquire Stockholm-based iZettle in an all-cash deal valued at $2.2 billion, it's biggest ever transaction in a dynamic and fluctuating payments environment.

Mitsubishi plans digital currency tests

Mitsubishi plans digital currency tests

17 May 2018  |  4216 views  |  0 comments | 5 tweets | 8 linkedin

Mitsubishi UFJ Financial Group plans to carry out a large-scale trial of its own digital currency as early as next year, according to local press reports.

Danske Bank invests in personal finance app Spiir

Danske Bank invests in personal finance app Spiir

16 May 2018  |  4864 views  |  0 comments | 3 tweets | 5 linkedin

Danske Bank has made a multi-million krone investment in Danish account aggregation and budgeting app Spiir in preparation for the advent of Open Banking under the EU's new Payment Services Directive (PSD2).

Fed governor: Digital tokens for financial settlement hold promise for central banks

Fed governor: Digital tokens for financial settlement hold promise for central banks

16 May 2018  |  6078 views  |  0 comments | 7 tweets | 11 linkedin

Federal Reserve governor Lael Brainard believes special-purpose digital tokens for wholesale payments and some aspects of distributed ledger technology may hold promise for strengthening traditional financial instruments and markets.

DBS takes stake in classified marketplace Carousell

DBS takes stake in classified marketplace Carousell

16 May 2018  |  3709 views  |  0 comments | 2 tweets | 1 linkedin

Singapore's DBS has joined in a US$85 million funding round in classified ads marketplace Carousell as a prelude to offering financial products and payment services over the platform.

CBA, Microsoft and KPMG team on SME business management platform

CBA, Microsoft and KPMG team on SME business management platform

16 May 2018  |  5286 views  |  0 comments | 6 tweets | 7 linkedin

Commonwealth Bank of Australia has teamed up with Microsoft and KPMG to launch a business management platform for SMEs.

Hackers steal millions from Mexican banks

Hackers steal millions from Mexican banks

15 May 2018  |  5325 views  |  0 comments | 7 tweets | 11 linkedin

Hackers managed to steal hundreds of millions of pesos from Mexican banks by sending thousands of false orders to wire funds to bogus accounts, according to Reuters.

French banks to introduce P2P mobile payments

French banks to introduce P2P mobile payments

15 May 2018  |  6485 views  |  0 comments | 16 tweets | 11 linkedin

Paylib, the mobile wallet developed by a consortium of French banks, is set to introduce person-to-person payments utilising customer phone numbers.

Worldline to acquire SIX Payment Services

Worldline to acquire SIX Payment Services

15 May 2018  |  7366 views  |  0 comments | 14 tweets | 24 linkedin

Wordline is to acquire the payments service business of Switzerland's SIX Group in a deal which values the cards unit at $2.75 billion.

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