24 August 2017
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Latest payments news

Bank of America applies AI to streamline client payment processing

Bank of America applies AI to streamline client payment processing

23 August 2017  |  5608 views  |  0 comments | 14 tweets | 10 linkedin

Bank of America has worked with fintech startup High Radius to apply artificial intelligence to corporate processing of accounts receivables.

Digital identity, virtual cash and RegTech on Australian regulatory agenda

Digital identity, virtual cash and RegTech on Australian regulatory agenda

23 August 2017  |  4684 views  |  0 comments | 10 tweets | 7 linkedin

ATM access, digital identity and virtual currencies topped the agenda at the recent meeting of the Reserve Bank of Australia's powerful Payments Systems Board.

Real-time payments in play as Fiserv acquires Dovetail

Real-time payments in play as Fiserv acquires Dovetail

21 August 2017  |  7864 views  |  1 comments | 7 tweets | 19 linkedin

Fiserv is looking to gain an edge on competitors in the fast moving world of real-time payments by acquiring UK-based vendor Dovetail.

TransferWise lines up investment round

TransferWise lines up investment round

21 August 2017  |  6751 views  |  0 comments | 10 tweets | 6 linkedin

TransferWise is preparing a $60 million capital raise that will see its value sail up to the $1.5 bilion mark, according to a report on Sky News.

Australia regulates digital currencies

Australia regulates digital currencies

18 August 2017  |  11718 views  |  0 comments | 21 tweets | 35 linkedin

The Australian government has announced plans to strengthen its anti-money laundering rules with new reforms that will include digital currencies for the first time.

Mobile contactless spending accelerating in UK

Mobile contactless spending accelerating in UK

17 August 2017  |  13522 views  |  1 comments | 28 tweets | 23 linkedin

Mobile tap-and-pay spending is accelerating on the high street, spurred by the growing popularity of contactless payments at the point-of-sale, according to new data from Worldpay.

Earnest to create 500 jobs in Utah move

Earnest to create 500 jobs in Utah move

16 August 2017  |  6465 views  |  0 comments

San Francisco-based fintech startup Earnest is opening a second location in Utah, adding up to 500 jobs to the community and $5.6 million in capital investment over the next five years.

Digital pocket money startup Spriggy secures A$2.5 million funding

Digital pocket money startup Spriggy secures A$2.5 million funding

16 August 2017  |  7243 views  |  0 comments | 3 tweets | 2 linkedin

Spriggy, an Australian startup that has developed a mobile pocket money app and linked card account, has raised a $2.5 million funding round.

Apple sidelined as Beijing transit system launches payments app

Apple sidelined as Beijing transit system launches payments app

15 August 2017  |  7443 views  |  1 comments | 13 tweets | 9 linkedin

Apple's refusal to grant access to the iPhone's NFC function looks set to dent the firm's Chinese ambitions, leaving customers unable to use a new payments app for journeys on Beijing's public transport system.

Permission to appeal sought in £14bn Mastercard class action suit

Permission to appeal sought in £14bn Mastercard class action suit

14 August 2017  |  6411 views  |  0 comments | 3 linkedin

Walter Merricks, the man spearheading a £14 billion class action lawsuit against Mastercard for overcharging customers, has lodged an appeal against a tribunal's decision to dismiss the claim.

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