In a bid to fend off competition from Apple Pay, Barclays has signed a deal with payments provider Zapp to allow users to make online transactions through Zapp’s ‘Pay by Bank’ mobile application.
Barclays is releasing a new range of contactless payment devices that includes an updated version of its wristband, a fob and a sticker.
Performance marketing technology company Criteo has released its 2015 State of Mobile Commerce report, which reveals that mobile apps generate almost 50 per cent of e-commerce transactions in the UK.
Zapper, the mobile payments company, has partnered with Revel Systems, the iPad Point of Sale (POS) platform, to expand its services to include mobile payments in restaurants.
Commerce solutions firm Digital River has teamed up with online transaction company Payoneer. The Minnesota-based group aims to use Payoneer’s technology to improve its cross-border payment services.
Mobile money company Monitise suffered a huge blow this week as Visa Europe revealed it plans to sell its 5.3 per cent stake in the struggling company.
Paypal has entered into a definitive agreement to acquire money transfer provider Xoom for $890m.
E-commerce firm Alibaba is rumoured to be increasing its stake in mobile wallet Paytm as the company looks to strengthen its influence within the Indian e-commerce sector.
Nets, the Danish cards and payments provider, has purchased Nordea Merchant Acquiring – a payments division of Nordea that deals with acquiring of international payment cards - for €230m.
The French direct debit start-up SlimPay has secured a fundraising round of €15m through Prime Ventures growth capital firm.
The UK’s FinTech companies have seen record-breaking VC investments being made with $1.5 billion raised in the first half of the year, with London-based companies securing more than 80 per cent of the total funding.
Nordea, the Swedish financial services provider, is launching a new accelerator programme this autumn in partnership with Finnish innovation agency Nestholma to nurture Nordic FinTech start-ups.
The financial services company has upgraded the features on its Apple and Android apps to include rewards information, fraud alert verification and biometric technology.
Rumours have been circling within the cryptocurrency community that Uber is working on integrating the virtual currency into its payment system.
The digital money transfer provider has expanded its services across Europe to countries such as Greece, Austria, Belgium and Portugal.
Anthony Jenkins, chief executive at Barclays has been sacked amid rows at boardroom level over the bank’s cost cutting procedures.
The Bank has appointed Benoit Legrand as its new head of FinTech, a newly-created role. He will be responsible for creating and implementing ING’s strategy on new financial technology.
MasterCard has made changes to its leadership setup in Asia Pacific, with former president Matthew Driver gaining the role of group executive, while a new role has been created to improve payment infrastructure in the region.
The 2015 Payments Power list has been revealed – find out who has made it into the top ten.
Following a successful first day at PayExpo 2015, the Payment Eye team returned to London’s ExCeL centre for more interviews, debates and discussions on the future of the payments industry.
PayExpo 2015, the UK’s largest payment event, kicked off at London's ExCeL centre on Tuesday - and the PaymentEye video team was there to capture all the action.
Here is an infographic from the team over at Coupofy that breaks down Bitcoin data to reveal, among other things, where the crypto-currency is most popular and what are the top ten items purchased with it.
New research reveals that 20 per cent of all UK online shopping purchases now happen during people’s daily commute.
According to new research from TSB, simple online and internet banking is the most important factor for a customer when choosing a new bank.
Royal Bank of Scotland has confirmed that some of its customers are experiencing technical difficulties with their bank accounts, with as many as 600,000 transactions disappearing across RBS, NatWest and Ulster Bank.
PAY.ON has responded to the shifting payments landscape and the unique challenges facing the acquiring industry with a modular merchant gateway solution based on their open API payment technology.
The Bank of England has opened a two-month nomination period during which members of the public can have their say on whom they would like to see on the £20 note.