All articles by Sandra Kilhof
Clip raises $1.5m to become Mexico’s Square
The Mexican-based mobile point-of-sale system Clip has secured $1.5m in funding and is now targeting the Spanish-speaking world with a launch in Mexico.
AmEx and Groupon invest in SumUp
American Express and US-based coupon company, Groupon, have invested a ‘double-digit million euro’ sum into mobile point-of-sale outfit SumUp.
Authorities shut down digital money service Liberty Reserve
Liberty Reserve, a Costa Rican-based digital currency service, was shut down on May 23, after the founder Arthur Budovsky was arrested.
Samsung Wallet rolls-out in Korea and launches beta in the US
Mobile company Samsung has launched its mobile wallet for android phones, Samsung Wallet, with an initial rollout in Korea.
CGI: Corporates are not prioritising SEPA compliance
Corporates are showing a worrying lack of readiness to the looming SEPA end date of 1 February 2014, according to the State of the European Payments Marketplace survey sponsored by the payment and information technology company CGI and the Euro Banking Association (EBA).
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SEPA: German banks to adopt EBA Clearing’s infrastructure
Seven major German banks are to adopt EBA Clearing’s pan-European payment infrastructure for mass payments, Step2, in order to process Sepa-compliant domestic payments in euros.
BBM Money enjoys early success in Indonesia
The Indonesian mobile money service conducted through BlackBerry Messenger (BBM Money), has become a popular option, attracting more than 60,000 registered users since February 2013, according to UK-based mobile money provider Monitise.
Brazil to allow commercial m-payments
The Brazilian government plans to allow consumers to pay for goods and services with mobile devices in a move to reduce banking services costs, the government said on 20 May.
US regulators eyeing Bitcoin
Senior officials at the US financial regulator, the Commodity Futures Trading Commission, are considering regulating the virtual currency Bitcoin.
Tanzania’s M-Pesa reaches 5m subscribers
The number of people signed up to M-Pesa in Tanzania has reached five million, according to Vodacom Tanzania.