Walmart says that GOBank is aimed at an unbanked population who have lower incomes and credit scores, and who struggle to cope with ‘excessive’ banking fees. *|MC:SUBJECT|*
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26th September 2014
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Headline News

Walmart says that GOBank is aimed at an unbanked population who have lower incomes and credit scores, and who struggle to cope with ‘excessive’ banking fees.

Walmart's no-fee, digital checking account poses challenge to banks
 
New Products & Technology

Last week, contactless card payments were rolled out for rail and underground journeys across the Transport for London network – and uptake has been promising, with one in 20 commuters already making the switch.

Most popular tube stations for contactless fares revealed
 

Amazon has a new hashtag feature with Twitter which lets customers add items to their Amazon Wish List without leaving the social network.

Amazon adds Twitter wishlist feature
 
Partnerships

Taxi drivers and micro-merchants in the Chennai area of India will soon get a serious upgrade when 7,500 PosMate Smart chip and PIN mPOS devices are made available to them via the Indian Overseas Bank (IOB).

Spire teams up with Wirecard and Bijlipay to bring mPOS to India
 
Events & Awards

The event, to be held simultaneously in Atlanta and Barcelona over 24 hours in October, will see mobile payments app developers, designers, programmers and creatives come together to compete for cash prizes in teams of one to four.

FinAppsParty hackathon seeks wearable payments innovation
 
M&A

Blackhawk Network has announced a definitive agreement under which Blackhawk will acquire all outstanding shares of Parago, Inc. for approximately $290 million. The buyout will add additional capabilities to Blackhawk’s incentive solutions business.

BlackhawkNetwork expands further into incentives market
 
FinTech & Payments Awards: Nominee Case Studies

View the latest nominee case study for the bobsguide/PaymentEye FinTech & Payments Innovation Awards 2014.

Mobile Payment Initiative: Aconite
 
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