Earvin ‘Magic’ Johnson, the former basketball player, businessman and philanthropist, is joining Square this summer as a member of its board of directors. | | | New Products & Technology |
The Emerging Payments Association (EPA) has today launched The Catalyst, its new payments incubator for early-stage payment companies. | | | Elliptic, a bitcoin analytics and security firm based in London, has created the ‘Bitcoin Big Bang’ service, a product that will address illegal cryptocurrency marketplaces. | | | MasterCard has released a digital payment and shopping app in stadiums in Chile at a time when the country is hosting the Copa America football tournament | | |
Visa Europe Collab, Visa Europe’s international innovation hub, is working with London-based retail and fashion accelerator TrueStart to explore payment innovations in the retail sector. | | |
Last year UK holidaymakers spent £26.4bn using their cards overseas and made almost 14 transactions every second, according to figures from The UK Cards Association. | | | | |