Azimo lets customers send money via Facebook Messenger
Azimo customers can now send remittance payments to family and friends via Facebook Messenger.
Azimo customers can now send remittance payments to family and friends via Facebook Messenger.
Square's numbers moved in the right directions last quarter, providing co-founder and CEO Jack Dorsey with some welcome ammunition to hit back at critics of his decision to lead two major technology businesses at the same time.
Danish blockchain firm Coinify has raised $4m in funding for its blockchain payments platform from Nordic backers including return investor Seed Capital and Swedish bank SEB’s venture capital arm.
TransferWise has become the first fintech company to gain access to the Fort Knox of the UK payments industry in a deal that means its customers will now be able to send money instantly to and from UK bank accounts.
A bank in the Czech Republic is betting on customers wanting to make transactions with their mobiles as it launches a mobile wallet for NFC payments.
The remittance industry is a constantly evolving one, morphing from a simple cashless bartering system to the more technologically advanced developments that we see in the 21st century, which ironically seems to have taken the industry full circle back to an increasingly cashless society with the advent of fully virtual ‘crypto-currency’ platforms such as Bitcoin.
China’s UnionPay has knocked Visa off the number one spot when it comes to card payments globally. That’s according to a new report from RBR, which says Visa has had the biggest scheme globally since 2010, UnionPay is handled more by value of card payments in 2015.
Rocket Internet teams up with FinTech Group AG to offer banking services in Europe.
Square co-founder McKelvey talks about what the biggest pain points are that need solving in payments right now, what companies he's excited by and where the biggest opportunities for technology to make an impact on the world are.
In another big deal for the global payments industry this week, credit card firm Visa has inked a partnership with digital payments processor PayPal.