Mastercard has established a six-year time frame for all European merchants using Mastercard and Maestro to implement contactless payment as standard.

Visa’s launch of Visa Token Service neatly coincided with the launch of the iPhone 6, and the new system will also work with Apple’s newly announced Apple Pay system.

A joint venture by Millicom and Kalixa will develop a payments service provider in Africa and Latin America, offering payment acceptance services for businesses and consumers.

Coinbase has announced its first expansion beyond the lucrative US market in a bid to make it easier to buy and sell bitcoin in Europe.

Toronto-based payment and FX company GFX Partners has been acquired by AFEX, one of the world’s largest non-bank global payment and risk management solution providers.

ZuluTrade announced its expansion through the acquisition of Market Crew Investment Advisor Co., Ltd, creating a Tokyo based subsidiary called ZuluTrade Japan to operate the Japanese website of ZuluTrade as zulutrade.co.jp.