Top Chinese internet company Tencent has launched the country’s first private online bank, called WeBank after the company’s popular messaging app WeChat. *|MC:SUBJECT|*
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Headline News

Top Chinese internet company Tencent has launched the country’s first private online bank, called WeBank after the company’s popular messaging app WeChat.

Tencent launches China's first private online bank
 
Partnerships

Philippine Long Distance Telephone Company, a Filipino telecoms operator, has formed a joint venture with Rocket Internet to drive the adoption of online and mobile payment solutions in emerging markets.

Rocket Internet and PLDT form joint mobile payments venture
 

Nordic IT company EVRY has landed a NOK 1.2 billion ($157m) contract to supply four Norwegian banks with payment services.

Payment services company lands $157m banking deal
 
Career Moves

The Chief Executive of electronic money system Ukash David Hunter has joined the advisory board of the Emerging Payments Association.

Ukash CEO joins EPA advisory board
 
New Products & Technology

Personal finance app Moven is now available on Motorola 360 and Samsung Gear smartwatches as the company anticipates a boost in wearable tech in 2015.

Moven adds personal finance app to Motorola 360 and Samsung Gear
 
More News

Bitcoin exchange Bitstamp was forced to freeze user accounts yesterday after hackers stole 19,000 bitcoins over the weekend, amounting to more than $5 million in the virtual currency.

Major bitcoin exchange loses $5m in hack
 
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