ElectraCard Services (ECS), s has partnered with UAE Exchange for the launch of gocash - Middle East's first multi-currency prepaid travel card. ECS is the technology and processing service partner for UAE Exchange. With the launch of this new...
JPMorgan Chase has bought daily deals startup Bloomspot in a move aimed at winning cardholder loyalty by offering discounts on shopping at local stores. The USD35m deal will bring Bloomspot's technology and about 100 employees into Chase's credit card...
German provider of electronic payment and risk management services Wirecard has revealed plans to purchase all shares in Trans Infotech, a payment service provider. The considerations in connection with this transaction comprise cash payments (all...
ERN, a UK-based start-up looking to tap growing demand for data analytics and loyalty provisioning on consumer cards, has secured funding of $2 million from private investors. ERN's technology platform - which is fully PCI...
As the holiday shopping season is expected to boost the USD 20 billion mobile payments market, businesses and consumers in the US need to understand and address the security risks associated with mobile devices, a recent report has revealed. According...
Russian bank; Sberbank is buying Yandex-owned online payment firm, Yandex.Dengi (Yandex.Money) in a deal worth USD60m reports StrategyEye. The deal will spawn a joint venture between the pair, with Sberbank owning 75% and Russian search engine Yandex...
Only 8 percent of Romanian internet users have performed online banking activities, as compared to the 54 percent EU 27 average, a recent study indicates. According to Eurostat’s research, 73 percent of Romanians use the internet to read news, well...
Payza has announced a new product, SimplySendBD, a service to facilitate money transfers from the U.S. to Bangladesh. The new online service will enable Payza members to send money to friends and family in Bangladesh, regardless of whether or not they...
Fiserv, Inc. (FISV), has announced a partnership with TOPS Software to make payment processing faster and more efficient for property managers. Fiserv clients who use the RemitStream® Exception Handling property management solution and also use TOPS...
BMO Bank of Montreal has formed an alliance with British m-banking outfit Monitise to develop new mobile money services. Monitise says it will work with the bank across its smartphone applications, mobile web offerings and SMS services. The...
This infographic breaks down the state of fintech around the world, identifying key industry players, top unicorns and top performing stocks.
It seems laptops are about to catch the biometric fever as PayPal, Intel, Lenovo and Synaptics are collaborating to introduce FIDO-enabled embedded fingerprint solution to PCs.
Cash was used in under 50% of all retail transactions across the UK in 2015, according to the British Retail Consortium’s annual Payments Survey.
Digital payments giant ACI Worldwide is teaming up with VocaLink for real-time payments infrastructure.
