Alibaba’s financial services arm is rumoured to be planning an initial public offering in mainland China in the next two years.
Bitcoin could revolutionise payments to the same extent that the internet changed the way we access information, the Bank of England has said, as it considers the possibility of backing its own digital currency.
Modest, a startup founded by the engineers behind Obama’s re-election campaign, is making it easier for small retailers to create a mobile shopping experience in a smartphone app.
Hong Kong-based cloud storage company MEGA is stuck without a payment provider after PayPal dropped its services following pressure from the US authorities.
Virgin America has incorporated Visa Checkout into its online payments protocol, allowing returning customers to make faster purchases.
CBW Bank is outdoing the efforts of the Federal Reserve by using real-time payments to offer customers immediate access to funds – even when they are paid across borders.
Samsung’s acquisition of mobile wallet startup Loop is a clear signal that the South Korean company plans to compete with Apple in the mobile payments market.
Monitise’s shares saw a boost after the mobile-banking software company claimed to be in ‘constructive discussions’ over a possible sale.
The Commonwealth Bank of Australia has acquired South African startup Tyme Capital as part of plans to expand its capability led growth outside Australia.
Non-banking lender Aye Finance has won a $1 million investment from SAIF Partners and Accion to supply funding to micro, small, and medium enterprises (MSME’s) in India.
WorldRemit has raised $100 million in a Series B funding round led by Technology Crossover Ventures to fuel the company’s expansion through partnerships with mobile money providers in Africa, Asia and Latin America.
Mobeewave secured $6.5 million in a Series A funding round led by SBT Venture Capital, the company announced yesterday, which will be used to support its growth worldwide and boost the rollout of various NFC payment acceptance product maps.
Kenya Commercial Bank, which is Kenya’s largest by assets, has slowed its investment in branches to concentrate on mobile banking services.
Google will launch a new API in May that will power in-store and in-app payments for third-party apps.
Cripplingly late payments are the new ‘corporate sport’, but one company is rewriting the rules (Interview)
Despite EU regulations, many large companies have been accused of delaying payments to suppliers as a free alternative to loans. Payment and big data technology company Remitia thinks they’ve found a way to keep both sides happy.
Cross-border payments service provider Earthport has appointed web entrepreneur and banker Daniel Marovitz as president of its European operations.
Visa has appointed Vasant M. Prabhu to succeed executive vice president and chief financial officer Byron Pollitt, who previously announced his intent to retire from the position.
Mozido has hired Ron Hynes, the former executive vice president of global prepaid solutions at MasterCard Worldwide, as president of the company’s global markets section
2014 was the biggest year in FinTech by far, with billions invested in innovative startups that challenged the status quo in the financial sector. But how will 2015 see FinTech players crack the mainstream?
A free knowledge and networking event on Wednesday 4th February in London, for those on both ends of the supply chain, is aiming to help increase opportunities for social enterprises to do business with larger City firms - to the benefit of both.
A free webinar, being held on 16th January by FC Business Intelligence, will provide valuable advice on how to improve customer interaction for anyone working in the financial services sector.
E-commerce businesses looking to enter new markets should have the capabilities to support as many relevant payment methods as possible. Expert Market have designed a map to display the different online payment methods of 29 countries around the world.
The growing popularity of peer-to-peer lending and crowdfunding could take the European market for online alternative finance to €7 billion this year, building on the 144 per cent growth in 2014 that saw the sector reach €3 billion.
Nearly a third of phishing attacks last year focussed on gaining access to payment systems and e-commerce sites, according to a study by security experts Kapersky.
A federal jury in Texas has ruled that tech giant Apple "willfully" breached three patents when it created iTunes, its long-running e-commerce, file storage and playback platform for music, video and games.
Japan is considering making its business banking model more flexible in order to take advantage of advances in financial technologies.
Troubled payday lender Wonga will close its Dublin and Tel Aviv offices and let a total of 325 employees go as its profits continue to fall.