PaymentEye caught up with Christoph Tutsch, founder and CEO of ONPEX, about expanding into East Asia and the likelihood of cashless societies becoming the norm.
PayPal made a triumphant return to the Nasdaq stock exchange on 20th July, marking its well-publicised split from parent company eBay. Find out how much the independent company is now worth.
The following infographic from Venture Scanner summarises the average amount of money raised for each FinTech category to show which ones are securing the most funding.
This summer, Burger King will integrate MasterCard's digital wallet MasterPass, which will allow Burger King customers to pay for food on their smartphones.
Global Payments, CaixaBank and Erste Group Bank AG have formed a joint payments venture that provides merchant acquiring and payment services in three Eastern European locations.
Bango plc, a mobile payments company headquartered in Cambridge, UK, has completed seven mobile payment agreements with Mobile Network Operators across Asia. This includes launching carrier billing routes for Indosat and XL in Indonesia, and Taiwan Star in Taiwan.
Visa has confirmed that it is in talks to re-acquire Visa Europe in its quarterly update. The deal is likely to give Visa a strong boost to its global competition with MasterCard.
eBay is poised to announce its first acquisition since the split from PayPal - and it looks like it’s going back to its roots.
First Data, the payment technology and services solutions company, has acquired Transaction Wiress Inc. (TWI), a cloud-based, digital gift card distribution platform, for an undisclosed amount.
The digital payments company has secured financial investment from Visa, Amex and other financial giants, raising its valuation to $5 billion.
Newtek, an internally managed business development company, has paid nearly $17m for Premier Payments LLC, an electronic payment processor. Newtek hope the acquisition will expand their presence within the merchant processing space.
Money Mover, the online business currency exchange and international payments service dedicated to SMEs, has raised £1m from a group of financiers, entrepreneurs and technologists, including Andy Homer and Sir Peter Michael.
The Monetary Authority of Singapore has formed a new FinTech & Innovation Group within its organisation structure with effect from 1 August 2015 and appointed Citi exec Sopnendu Mohanty to lead it.
CurrentC, a mobile payment application developed by Merchant Customer Exchange, is set to be released in August after nearly three years in development.
MasterCard has opened a digital security facility to its customers that focusses on proactively testing threats to all forms of digital payments in coordination with government security agencies and academics.
International payment and foreign exchange group Moneycorp has hired three senior Barclays employees to help spearhead its expansion into the global payments market.
The Chancellor has appointed seed investor Eileen Burbidge as a special envoy for FinTech in a bid to promote the sector across the UK and at an international level.
Anthony Jenkins, chief executive at Barclays has been sacked amid rows at boardroom level over the bank’s cost cutting procedures.
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.
We speak to David Page, co-creator and innovation partner at Visa Europe Collab, about the role incubators play, what the emerging European capitals of FinTech are and what the future holds for cash and card payment methods.
With the recent launch of Apple Pay, many commentators have been suggesting the end is nigh for cash and coins. However, Royal Mint has revealed today that the demand for coins rose in the past year.
Millennials may not be as mobile-savvy as we had previously thought. A recent YouGov poll revealed that 15 per cent of Britain’s 18-34 year-olds who own a smartphone admit to having never used their smartphones for anything shopping related.
Transfast, the provider of online, cross-border p2p payments solutions, has expanded its proprietary bank network into 23 African nations.
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.