With Google, Apple and Samsung all fighting to gain superiority within the mobile payments space this autumn, the Korean firm has moved quickly to promote Samsung Pay across the United States. Check out this brand new ad which was shown during last night’s Emmy Awards. |  | | New Products & Technology |
With this year marking the first time that cashless transactions have overtaken cash payments, one must wonder how charity workers and volunteers will be able to raise cash when no one has any in their pocket? |  | | Amazon has announced the launch of its new payments and logistics system which allows Indian merchants to leverage the ecommerce giant’s technology on their personal website. |  | | The Bank of England’s chief economist, Andrew Haldane, has suggested the abolishment of paper currency would be a “radical and durable” way of generating negative rates in order to boost inflation and stave off a new recession. |  | |
IBM and PwC have become Citi’s strategic partners for the Citi Mobile Challenge in Asia Pacific. Computing giant IBM will provide mentoring classes and its digital innovation platform, Bluemix, whilst PwC will offer business leadership and industry content to programme finalists |  | |
The total amount of London’s FinTech deals, including stock market listings, direct investment and acquisitions, has surpassed $18.4 billion (£11.9bn), according to research from consultancy firm William Garrity Associates. |  | | | |