Alibaba-owned health firm branches into medical payment technology
Alibaba Health Information Technology has entered into a three year contract with Shanghai Kingsoft Winning Software to develop electronic prescriptions and payments.
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Card companies bolstered by $2 billion investment – in competitors
Venture Capitalists invested $2 billion in emerging payment technologies between January 2013 and July 2014 – but for card companies, this is a good thing.
More payment and tech companies block Crimean customers
Apple and Valve are the latest companies to cut off services to Crimea, while PayPal today stopped serving the region’s internet customers.
Charity installs contactless donation points in shop windows
Cancer Research UK has introduced a new payment feature to its charity shops: contactless point-of-sale technology that allows people to donate by touching their card at the window.
Payment data will drive international retail, says senior Mastercard statistician
Macro-data accumulated through analysing global payment data creates patterns and predictions that “influence every part of our lives”, according to Anne Cairns, Mastercard’s president of International Markets.
New York Metro considering $450 million contactless payment scheme
New York City's Metro Transit Authority (MTA) is continuing to discuss the replacement of its MetroCard payment system with the new system set to include contactless payment capabilities.
Cryptoconomy: How will it be created?
Bitcoin can no longer be defined by its own reputation: it’s now evolved into a beast of its own - a “crypto-tech” driven economy with its own value creation - the cryptoconomy.
India tackles police corruption with cashless fines
Hyderabad Police have introduced a new system for issuing traffic violation fines which, they say, will improve transparency.
The BBA responds to government’s ‘call for information’ on digital currencies
The BBA, the leading group representing the UK's biggest banks, has issued a response to the government's 'Call for Information' on digital currencies that was issued in November last year to provide the government with the necessary information to fully understand digital currencies.
Secure Trading welcomes trio of executives to expand into iGaming
As part of its plans to expand into the iGaming sector, online payment processor Secure Trading has hired three new executives to its senior management team.
