A change in ownership may become necessary for payments company Vocalink as it faces mounting political pressure and a quest for funds to fuel expansion.

Shing Kong Bank announced Monday that it is inking a partnership with Chunghwa Telecom and MasterCard to roll out over-the-air (OTA) safe downloads from November.

Digital River has entered into multiple payments agreements with Klarna, a Stockholm-based payment provider, in a tie-up that will be hugely beneficial to both parties.

Virtual currency processor Epiphyte and virtual credit cards company Matchmove have been named the winners of the Innotribe Startup Challenge, one of the best known fintech startup competitions in the world.

Boku, the US based carrier-billing startup, has acquired mopay, a German company that is one of its largest competitors.

Skandiabanken has integrated Promon Shield security technology from Promon in Norway into its new mobile banking service