eBay has agreed to let PayPal work with its competitors when it spins the payments subsidiary off into a separate public company later this year.
Uber has introduced a new category for hailing auto rickshaws in New Delhi, the first of its services to allow cash payments in the country.
Microsoft Payments, a subsidiary of Microsoft, has applied for licensing to provide mobile payment solutions in 50 US states.
Bank of New York Mellon is experimenting with the use of blockchain technology, starting with a cryptocurrency rewards service for its own staff.
Customers at Standard Bank in South Africa will now be able to access their accounts quicker using a Apple’s biometric technology.
HSBC has named Lewis Sun as head of payments and cash management (PCM) in China, taking over from Kee Joo Wong, who was recently appointed regional head of PCM for HSBC Asia Pacific.