London has strengthened its position as the world’s leading city in FinTech, according to a survey conducted by one of Europe’s largest FinTech accelerator groups.

Worldpay will offer its customers Apple Pay in July, as the firm aims to support the rapid growth of e-commerce and in-app purchases in the UK.

ING is set to become the first bank in the Netherlands to provide contactless payment services, when its mobile payments app will be released nationwide this summer.

Nets, the Danish cards and payments provider, has purchased Nordea Merchant Acquiring – a payments division of Nordea that deals with acquiring of international payment cards – for €230m.

Visa Inc. has elected Lloyd Carney as an independent director to its board of directors. Carney will also serve as a member of the board’s Audit and Risk committee.

Banking on smartphones and tablets has displaced traditional branches and even the internet as the most popular way to bank, according to new research.