The UK’s goal to become the technology capital of the world edged closer to reality this week, as London was named home to 24 of the startups on this year’s FinTech50 list. *|MC:SUBJECT|*
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3rd February 2015
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Headline News

The UK’s goal to become the technology capital of the world edged closer to reality this week, as London was named home to 24 of the startups on this year’s FinTech50 list.

London emerges as FinTech capital of Europe
 
Partnerships

Alibaba is partnering with peer-to-peer financing site Lending Club for a new financing ploy designed to encourage more US businesses to buy from the e-commerce giant’s marketplace.

Alibaba and Lending Club tie-up for US business financing
 
New Products & Technology

Digital money transfer provider Xoom is now allowing users to send money to China with a new instant bank deposit service.

Xoom expands instant money transfer service to China
 

Several major US merchants including Neiman Marcus and Office Depot have opted to allow payments using the Masterpass digital wallet.

More US retailers sign up for MasterPass
 
Career Moves

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.

Visa hires new executive VP and CFO
 
More News

McDonalds is taking its catchphrase “I’m lovin’ it” to a whole new level this month, by allowing customers in US stores to forego payment in return for expressions of love.

Forget cash, cards and mobile. McDonalds customers can now pay “with love”
 
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