The Royal Bank of Scotland has lured Marion King from Mastercard’s British operations, hoping to overhaul its payments strategy after several failures left the bank exposed to some potentially heavy fines. *|MC:SUBJECT|*
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16th October 2014
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The Royal Bank of Scotland has lured Marion King from Mastercard’s British operations, hoping to overhaul its payments strategy after several failures left the bank exposed to some potentially heavy fines.

RBS nabs Mastercard boss for payments overhaul
 
Partnerships

The World Wide Web Consortium (W3C) has announced a new initiative to integrate payments seamlessly into the Open Web Platform – a standards group involving banks, retailers and tech firms that will tackle the problems facing the web payments ecosystem.

W3C launches web payments initiative
 

Forte will now be providing a fully integrated payment solution that will power the eNoticesOnline bill presentment service for The Master’s Touch, LLC.

Forte partners with The Master's Touch for integrated e-billing solution
 
New Products & Technology

SIA, the Italian payment processor, has launched a new service called Jiffy that allows users to make real time transfers across the European Union using a smartphone app.

New mobile money service transfers in a “Jiffy”
 

Crowd payments company Mobbr has announced the launch of Mobbr Crowd Payments, the world’s first and only crowd payments platform that will unlock the true potential of crowd-sourced labour.

Mobbr launches first crowd payments platform
 
Virtual Currency

Japanese bitcoin exchange Bitflyer, the country’s first since the collapse of Mt Gox, has raised 25 million yen ($236,000) from a US investor to fund expansion to countries such as Singapore.

Bitflyer fuels expansion with $236,000 investment
 
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