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Visa adjusted net income down 10% in Q3

  • Published: 22 Jul 2016

Visa has posted adjusted net income of $1.6bn or $0.69 per share for the third quarter of fiscal year 2016, a decrease of 10% over the prior year’s adjusted results.. read more

PayPal registers 6% rise in Q2 net income

  • Published: 22 Jul 2016

PayPal has reported a net income of $323m for the second quarter of 2016, an increase of 6% compared to $305m in the year ago period.. read more

VocaLink finally captured by MasterCard

  • Author: Patrick Brusnahan
  • Published: 22 Jul 2016

After months of speculation, MasterCard has entered into a £700m ($920m) agreement to acquire VocaLink. VocaLink’s investors could also receive a potential £169m earn-out if performance targets are met.. read more

MasterCard to acquire 92.4% stake in VocaLink for $920m

  • Published: 22 Jul 2016

MasterCard has agreed to acquire 92.4% stake in VocaLink, a London-based payments technology firm, in a transaction valued at approximately £700m (nearly $920m).. read more

Visa partners with PayPal to enhance consumer payment experience

  • Published: 22 Jul 2016

Visa and PayPal have entered into a strategic partnership that will offer an enhanced and more seamless payment experience for Visa cardholders.. read more

Standard Chartered to launch video banking to Asia, Africa and the Middle East

  • Author: Jessica Longley
  • Published: 21 Jul 2016

Standard Chartered (StanChart),the UK-headquartered bank focused on emerging markets, is to roll out video banking to more than five million clients in nine markets across Asia, Africa and the Middle East.. read more

Yes Bank taps Gemalto to secure clients’ mobile payment transactions

  • Published: 21 Jul 2016

Yes Bank, India's fifth largest private sector bank, has deployed Gemalto’s SafeNet Network HSM to secure mobile payment transactions for its clients under the country’s recently implemented Unified Payments Interface (UPI).. read more

WEX partners Aquarium Software to grow presence in insurance payment space

  • Published: 21 Jul 2016

WEX, a provider of corporate payment solutions, has signed a new virtual payments agreement with Aquarium Software, which specialises in developing solutions for niche insurance sectors.. read more

Western Union inks cross-border business payments deal with Uruguay’s Manentia

  • Published: 21 Jul 2016

Western Union Business Solutions (WUBS) has signed a multi-year cross-border business payments deal with Manentia Software, a Uruguay-based provider of IT services to financial institutions across Latin America.. read more

Number26 rebrands and relaunches

  • Author: Patrick Brusnahan
  • Published: 21 Jul 2016

The Germany-based start-up bank Number26 has received a full banking license from the Federal Financial Supervisory Authority and the European Central Bank. As a result, it has changed its name to N26. read more

MasterCard offers Masterpass on AXS internet and mobile app

  • Published: 21 Jul 2016

MasterCard is providing its digital payment service Masterpass on AXS e-Station and AXS m-Station that allows users to execute online transactions conveniently.. read more

South African lender Absa introduces Masterpass digital wallet

  • Published: 20 Jul 2016

South African financial services giant Absa has launched MasterCard’s digital payment platform Masterpass to enable its clients to make online payments via a virtual wallet.. read more

Mahindra Comviva releases enhanced version of its mobile wallet solution

  • Published: 20 Jul 2016

Mahindra Comviva, a provider of mobility solutions, has released the new and upgraded mobiquity Wallet 2.0 to enable digital wallet providers to adapt quickly to changing customer needs and regulatory expectations.. read more

Apple Pay now available in France and Hong Kong

  • Published: 20 Jul 2016

Tech giant Apple has launched its mobile payment system Apple Pay in France and Hong Kong. The service is now available in eight countries.. read more

MindLink's Whatsapp-style corporate messaging service to counteract endless email backlog

  • Author: Jessica Longley
  • Published: 20 Jul 2016

Founded in 2011 and described as a “WhatsApp for corporates”, MindLink has launched a new software and user interface to enable real time collaboration of information.. read more


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