Payments in Singapore have been modernized by a new real-time payments platform that was put in place by the UK-based VocaLink. FAST, will now be able to electronically transfer funds in seconds, rather than the two to three days that it used to take.
Vodafone customers in Germany, Spain and the Netherlands will soon be able to pair the Visa-enabled contactless payment option SmartPass with a new feature that will allow them to save all of their loyalty cards on their phones. The service is powered by Austrian software company Bluesource’s technology....
Do you know how many people prefer using credit cards as their primary instrument of choice? Or the number of financial institutions offering mobile P2P? Find these answers and more on this week’s Friday Factoids.
Now that we’ve braved the winter and Spring has sprung, many consumers are back in the spending mood. In a recent interview, PYMNTS spoke with Master Card SVP Sarah Quinlan, aka The “Duchess of Doom,” to understand what’s driving retail spending trends. As it turns...
The results of the annual Euromoney foreign exchange survey, which was first launched in 1976 have been released. The survey continues to be the key benchmark for the global FX industry and provides transparency and insight into the industry’s leading players. To learn about the...
The website processes around 750 deliveries a day and growing at around 25 percent per month, according to the company.
With the new pilot project, companies like Oxigen, Airtel Money, Itz Cash, and mpesa can start offering cash-out facility through their network establishments across India.
The Consumer Financial Protection Bureau (CFPB) this week proposed a new rule that would make privacy disclosures for financial institutions more effective, and less expensive and tedious. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A recent study, “Monetizing Mobile Banking for Small Business Customers,” that examines how small businesses are currently utilizing mobile banking services, as well as what features they would benefit from and whether they would be willing to pay for them has discovered new numbers on SMBs and...