Sunday, February 26, 2017
PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

PayPal linked to Flipkart’s new $1.5bn funding round

Flipkart has been looking to a raise a fresh round of capital for quite some time, but nothing has materialised so far. Read more: thetechportal.com

Ant Financial expands reach with $200m investment in Kakao Pay

Ant Financial continues to expand its reach outside of China with a $200m investment in South Korean mobile giant Kakao’s finance subsidiary Kakao Pay. Read more: www.fintechroundup.com

Visa opens London innovation centre

Visa has opened its largest innovation centre to date in London, with the aim of hosting partners from across Europe to collaborate on new ways to pay. Read more: www.finextra.com

TransferWise launches Facebook money transfers

TransferWise has launched a new service that allows users to send money internationally through Facebook's chat application. Read more: www.reuters.com

Ant Financial backs Philippines FinTech player Mynt

Chinese FinTech giant Ant financial is making moves in the Philippines with an investment in Mynt. Read more: www.fintechroundup.com

FinTech and M-Pesa – what mobile money means

M-Pesa, the Swahili word for money, has literally transformed the ability for people to work, save, and pay for everything. Read more: banknxt.com

PayPal expands financial inclusion efforts with TIO buy

PayPal is expanding its offering and reaching more users with the acquisition of bill payment company TIO Networks for roughly $233m. Read more: www.fintechroundup.com

Paytm E-Commerce and Snapdeal held merger talks

About a month back, exploratory talks had been held on merging Paytm's marketplace with Snapdeal in an all-stock transaction. Read more: tech.economictimes.indiatimes.com

Mobile payments in the age of the customer

How can banks develop their strategy and prioritise the capabilities that will help them remain valuable to their customers? Read more: www.bankingtech.com

Visa, IBM partnership is a leap forward for cashless

Visa will be integrating its credit card tokenization technology with Watson’s Internet of Things network. Read more: bankinnovation.net