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13th February 2014
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Headline News

This week’s Finovate Europe was a launching pad for some of the most exciting fintech trends on the horizon, but how will they impact on groups that have typically been shut out? To find out, we head to Harnessing Innovation for Financial Inclusion, run by the World Bank.

3 ways payment technology is boosting financial inclusion
 
Partnerships

Wholesale retailer Costco has announced that it will stop accepting American Express credit cards from next year in the US, a move which sent the card issuing company’s shares plummeting by 7 per cent.

Amex morale plummets after Costco split
 
New Products & Technology

Visa is launching a smartphone tracking service to reduce unnecessary purchase declines triggered by travelling customers.

Visa launches phone tracking service to reduce card fraud
 

New York City councilman Mark Levine has proposed that the city’s residents be allowed to pay parking tickets, fines and other city fees with bitcoin.

NY councilman sends 'powerful message' with proposed bitcoin payments
 
M&A

The Commonwealth Bank of Australia has acquired South African startup Tyme Capital as part of plans to expand its capability led growth outside Australia.

Tyme Capital acquired by Australian bank
 
VC

Indian prepaid cards company ItzCash Card has raised a Rs 100 crore investment commitment as part of a bid for a payment bank license.

ItzCash lands $16m in payment bank bid
 
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