JPMorgan Chase announces acquisition of payments technology provider MCX
JPMorgan Chase has announced the acquisition of MXC, a QR Code-based mobile wallet.
Partnerships
Currencycloud secures a $25m investment from Google
The funding round totalled $61m, and will used to finance the company's global expansion plans.
Mastercard taps Oracle to bring streamlined digital payments
Mastercard and Oracle have announced a global partnership that is set to enhance digital payments experiences for hospitality and retail chains.
Northern Trust and IBM collaborate on private equity blockchain technology
IBM has been actively working with companies to make blockchain ready and integrated for businesses.
RBS planning £750m fintech fund to boost banking competition
The UK Government has proposed a new plan that would see RBS fund and deliver a series of initiatives to boost competition in UK’s business banking market.
Visa and IBM collaborate to turn connected devices to points of sale with IoT
IBM and Visa announced the industry’s first collaboration which brings point of sale everywhere that Visa is accepted.
AmEx and Citi join Goldman Sachs in Plaid Technologies investment
The payments tech company has secured $44m in its latest Series B round of funding.
Wonga and Klarna strike deal for BillPay
The Swedish unicorn is acquiring the profitable payments company for £60m.
Virgin Money Giving partners with Worldpay on payment platform
Virgin Money Giving and WorldPay have launched a new payment platform aimed to enhance the online process of donating.
UK banks to use Post Office network to expand face-to-face banking
UK Banks have partnered to allow customers to perform their day-to-day banking activities at the Post Office's 11,600 branches. It's being described as the biggest expansion in face-to-face banking access in a generation.
