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Veoo introduces new mobile wallet solution

  • Published: 2 May 2016

Veoo, a UK-based mobile messaging solutions provider, has launched a new mobile wallet solution that will enable brands to leverage Apple Wallet and Android Pay for mobile marketing.. read more

Intesa Sanpaolo to sell payment unit for $1.2bn

  • Published: 2 May 2016

Italian banking group Intesa Sanpaolo has agreed to sell its payments units Setefi and Intesa Sanpaolo Card for EUR1.03bn ($1.2bn) to a consortium comprising private-equity funds Advent, Bain Capital and Clessidra.. read more

Paytm selects Wipro to handle core banking system of its payments bank

  • Published: 2 May 2016

Indian mobile wallet and e-commerce company Paytm has selected Wipro to create technology infrastructure for its payments bank business, which is expected to be launched in the second half of 2016.. read more

Turkey goes live with own card payment system

  • Published: 2 May 2016

Turkey's national payments system, which was originally launched in September 2015, has finally gone live as the country looks to become a cashless society by 2023.. read more

Xoom enters into 13 new markets

  • Published: 29 Apr 2016

Xoom, a PayPal service, has launched its digital money transfer service in 13 new countries since the beginning of 2016.. read more

Ericsson partners with Trriple to provide mobile wallet solutions in UAE

  • Published: 29 Apr 2016

Swedish multinational company Ericsson has signed a multi-year collaboration deal with digital platform provider Trriple to deliver managed mobile wallet solutions for the UAE's banking and smart city sectors.. read more

WorldRemit launches remittance services to Niger

  • Published: 29 Apr 2016

WorldRemit, a UK-based remittances start-up, has launched its instant money transfers to Airtel Money wallets in Niger.. read more

MasterCard Q1 net income down 6%

  • Published: 29 Apr 2016

MasterCard has a reported a net income of $959m, or $0.86 per diluted share, for the first quarter of 2016, a 6% decrease compared to $1.02bn, or $0.89 per diluted share, for the prior year quarter.. read more

ANZ embraces Apple Pay

  • Published: 28 Apr 2016

Australian lender ANZ has signed a deal to offer Appleā€™s mobile wallet service Apple Pay to its five million customers.. read more

Mobile payment firms SumUp and payleven agree to merge

  • Published: 28 Apr 2016

Mobile payment firms SumUp and payleven have announced that they are merging, creating a business with one million clients in 15 nations.. read more

PayPal net income surges 43% in Q1

  • Published: 28 Apr 2016

Payments giant PayPal has posted a net income of $365m for the first quarter of 2016, a surge of 43% compared to $255m a year ago.. read more

Visa opens innovation centre in Singapore

  • Published: 28 Apr 2016

Visa has opened its first innovation centre in Singapore, as part of its strategy to foster collaborative payment innovation on a global scale.. read more

Ant Financial Services raises $4.5bn in fresh funding round

  • Published: 27 Apr 2016

Ant Financial, an affiliate of e-commerce giant Alibaba that operates Alipay, has raised $4.5bn in a Series B funding round from a clutch of investors.. read more

Banks and retailers to boost spending on payment systems

  • Published: 27 Apr 2016

Over 75% of financial institutions, retailers and billing organisations globally are planning to increase their spending on payment systems due to increasing competition, according to a new study by ACI Worldwide and market research firm Ovum.. read more

Remitly raises $38.5m in fresh funding round

  • Published: 27 Apr 2016

Remitly, a US-based startup that lets people send money abroad, has raised $38.5m in Series C funding to expand its global footprint.. read more


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