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Top Chinese internet company Tencent has launched the country’s first private online bank, called WeBank after the company’s popular messaging app WeChat.
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Philippine Long Distance Telephone Company, a Filipino telecoms operator, has formed a joint venture with Rocket Internet to drive the adoption of online and mobile payment solutions in emerging markets.
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Nordic IT company EVRY has landed a NOK 1.2 billion ($157m) contract to supply four Norwegian banks with payment services.
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The Chief Executive of electronic money system Ukash David Hunter has joined the advisory board of the Emerging Payments Association.
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| New Products & Technology |
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Personal finance app Moven is now available on Motorola 360 and Samsung Gear smartwatches as the company anticipates a boost in wearable tech in 2015.
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Bitcoin exchange Bitstamp was forced to freeze user accounts yesterday after hackers stole 19,000 bitcoins over the weekend, amounting to more than $5 million in the virtual currency.
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