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The UK’s goal to become the technology capital of the world edged closer to reality this week, as London was named home to 24 of the startups on this year’s FinTech50 list.
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Alibaba is partnering with peer-to-peer financing site Lending Club for a new financing ploy designed to encourage more US businesses to buy from the e-commerce giant’s marketplace.
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Digital money transfer provider Xoom is now allowing users to send money to China with a new instant bank deposit service.
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Several major US merchants including Neiman Marcus and Office Depot have opted to allow payments using the Masterpass digital wallet.
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Visa has appointed Vasant M. Prabhu to succeed executive vice president and chief financial officer Byron Pollitt, who previously announced his intent to retire from the position.
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McDonalds is taking its catchphrase “I’m lovin’ it” to a whole new level this month, by allowing customers in US stores to forego payment in return for expressions of love.
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