Dear Subscriber,

In this issue of the PaymentEye e-newsletter PayU CEO Laurent Le Moal looks at the payments industry innovation currently going on in India, and the conditions that are allowing the Indian fintech market to leapfrog the markets in more developed countries.

And in other news, Santander has rolled out voice biometrics payments technology on its mobile app, the Co-Op Bank is looking for new owners, and research is predicting that mobile wallet spend will top $1.35tn in 2017.

Enjoy!

Favourable regulation, a lack of legacy systems, and growth in smartphone adoption is fuelling the pace of change in the Indian payments market.

Santander has become the first bank in the UK to introduce voice pay.

Amazon recently announced that over 33 million customers have used Amazon Payments to make a purchase.

The Co-operative Bank has put itself up for sale, seeking a buyer to take over the business.

A Juniper Research report is predicting a 32% increase in mWallet payments in the next 12 months.