The UK taking on the US for investment in payments businesses may not seem like a fair fight, but our plucky David is doing very well, according to a new report from the Emerging Payments Association. read more ..
Apple looks to bounce back from a bad quarter by pushing on with promoting one of the positives: Apple Pay. The service has finally broken down the resistance of Australia's 'Big Four' banks when ANZ announced that it will offer Apple Pay to its five million customers.
There’s more funding for the so-called neo-banking space this week with news San Francisco-based Varo Money has pulled in $27m in fresh investment.
PayPal is flexing its muscle in the online remittance space through its Xoom acquisition, looking to take a bigger share of the money transfer industry as it increasingly heads online.
Uber has partnered with Alipay, the world's largest third-party payments platform to allow Chinese travellers to book and pay for Uber rides from either the Uber or Alipay app, in all the cities where Uber operates.
In this guest post Marie-Louise Dalton, Marketing Director EMEA at Connexity, a tech-driven market research company, discusses the findings of the company's recent research about the preferred payments methods of younger shoppers.
PayPal is off to a flying start in 2016, with profits up, revenue up and 4.5m new customer accounts on its books taking total users to 184m at the end of March.
Of the two billion chip cards issued in 2015 around the world, 56% were contactless, said the Smart Payment Association (SPA), the trade body of the smart payments industry.
Travel made up 15.5% of mobile transactions on global payments network Adyen in the first quarter of the year, according to a new report from the company.
Among the less than positive news such as declining iPhone sales and more significantly, declining revenue for first time in over a decade, Tim Cook was very upbeat about Apple Pay.
Visa looks to be making the most of the glorious payments opportunity presented by the 2016 Olympics in Rio by planning to launch 4,000 POS terminals and introduce new wearable and mobile payment methods.
Miss the FIAs already? Can't wait for 2017? Relive the fintech revelry with the highlights reel from the Awards!
Just under three quarters (71%) of European banks and retailers are planning to boost their spending on payment tech within the next two years amid mounting pressure in the market and demand for faster, more secure payments tech from customers.
The Alibaba affiliate Ant Financial, which runs Alipay, the largest payment online payments service in China, has confirmed reports suggesting it closed a private fundraising round worth $4.5 billion. The company is now valued at $60 billion, just two shy of Uber.
A few weeks ago we covered the ongoing adoption of EMV cards in the US and whether the big obstacles of cost, education and complexity were sufficiently addressed. It looks like this week Visa has released an update that could make using Chip cards in the States way more convenient.
Following on from last week's discussion about the future of cash, research from Barclaycard shows that contactless transactions increased by 164% in value and 135% in volume last year alone compared with 2014 and that its popularity will only continue to rise as more and more UK cities embrace technological innovations.