BNP Paribas trials OT’s dynamic cryptogram card
The days of having to remember the three-digit code on the back of your card may soon be over as trials of OT's payment card that generates one time CVC codes every day have begun.
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British people are ready to stop using cash
Cash in the UK is in quite the precarious position as new research shows that 44% of British people are prepared to ditch notes if card payments were universally accepted.
Go Cashless launches crowdfunding appeal
This week GoCashless, the not-for-profit organisation that aims to promote the end of cash by December 31st 2020, has launched a crowdfunding appeal.
Payoneer raises $180m, will use funds to accelerate growth
Payoneer, the international money transfer company, has completed a strong funding round, raising $180m through equity financing.
Visa and Jack Henry partner on P2P payments
Jack Henry Associates, a technology and payment services provider, has partnered with Visa to work on speeding up person-to-person (P2P) payments.
Alipay expands into the UK with Wirecard and The Body Shop partnership
Alipay, China's largest mobile wallet, has continued its European expansion by working with The Body Shop in its three central London stores.
Apple Pay launches in Russia with Sberbank and Mastercard
Apple Pay has launched in the Russian market allowing Sberbank clients and holders of Mastercard carrots use the American tech giant's contactless payment service.
Europeans online shoppers can now pay with selfies
Mastercard is moving online shoppers further away from passwords and pins and closer to biometric technology as it rolls out its Identity Check mobile app across 12 European countries today.
ING to invest €800m in digital transformation, impacting 7,000 jobs
ING is set to invest €800m in digital transformation strategies over the next five years and will affect 7,000 jobs, said Ralph Hamers, CEO of ING.
Remitly raises $38m in new funding, announces Latin American expansion
Remitly, an independent US-based remittance company, has received $38m in new funding through equity and debt financing from IFC and Silicon Valley Bank.
