Monday, January 23, 2017
PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

Transfast lands $40m credit facility from Comvest Partners

Cross-border payment provider Transfast has picked up a $40m credit facility from investment firm Comvest Partners. Read more: www.fintechroundup.com

Alipay expands in-store mobile payments to North America

Alipay has announced the expansion of its in-store mobile lifestyle and payments service to the North American retail market. Read more: www.mobilepaymentstoday.com

Revolut releases bill-splitting feature

Revolut has launched a unique new feature which lets customers automatically split the cost of any payment with their phone contacts. Read more: www.finextra.com

How banks can win the P2P payments war

Gaining a stronghold in the projected $200bn market means extending the value proposition of payments. Read more: www.mobilepaymentstoday.com

Yoyo bobs up at Davos with new marketing platform

Yoyo, the UK’s most used mobile wallet, announced the launch of its new AI-led, marketing automation platform, Yoyo Engage. Read more: www.finextra.com

FinTechs making strides in PSD2

New entrants, products and services are expected to result from the Directive, a revision of the original PSD that was introduced in 2007. Read more: www.bankingtech.com

HSBC to launch P2P payments app in Hong Kong

HSBC is to launch a P2P mobile payment app in Hong Kong in early 2017, taking on established market operator Jetco. Read more: www.finextra.com

Curve launches cashback rewards programme

Curve has teamed with over 50 UK retailers to reward Curve users with up to 5% back on their spending at participating retailers. Read more: www.finextra.com

What Facebook’s European payment license means for banks

The rumours of Facebook entering the payment space in Europe have been going on ever since Facebook applied for a money transfer license a while ago. Read more: techcrunch.com

PayPal partners with Discover for expanded digital payments

Discover Financial Services and PayPal have signed an agreement making PayPal more widely available to Discover cardmembers. Read more: www.mobilepaymentstoday.com