Source: investopedia.com
UK digital bank Monzo has been valued at $5 billion following a $430 million funding round. The round was led by Alphabet’s CapitalG group as well as Google Ventures, HongShan Capital and...
Mastercard and MTN Group Fintech have partnered to help consumers and small businesses across Africa transact through mobile payments. With this partnership, Mastercard’s technology will...
TD Bank has launched “Tap to Pay on iPhone,” a new mobile-based payment acceptance option that aims to provide greater flexibility and convenience for business owners....
Google is shutting down its standalone Google Pay app to simplify its digital wallet offering. Beginning June 4, the U.S. version of the standalone Google Pay...
Federal financial regulators are reportedly investigating allegations made by two whistleblowers regarding Cash App. The whistleblowers claim that the mobile payment platform and the entities...
The tug-of-war between institutional inertia and innovation is coming to a head in business-to-business (B2B) payments. That’s because, as generational and behavioral tides turn, expectations...
An Indian parliamentary panel has reportedly highlighted a need to support the growth of domestic FinTech players in India’s digital payments market. The panel pointed...
PayPal will eliminate about 2,500 positions, or about 9% of its workforce, this year. The company aims to “right-size” its workforce by cutting jobs and...