Eyeing the growing three million population of Indians in the US, Xoom Corporation, a money transfer provider, and India-based Punjab National Bank have partnered to introduce an instant bank deposit service using the Immediate Payment Service platform (IMPS). Get the Full Story Complete the form...
Andreessen Horowitz is placing the second biggest bed in the venture-capital firm’s history on Tanium Inc., a largely unknown start-up that helps companies pinpoint security threats to sprawling and vast computer networks. Get the Full Story Complete the form to unlock this article and enjoy...
Banco Pichincha, Ecuador’s largest financial institution is testing cash-recycling technology developed by GRGBanking. Its H68N series offers high capacity, serial number tracking, biometric authentication and coin dispensing features. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In fall 2013, Brazilian President Dilma Rousseff signed into law legislation meant to clarify expectations from different mobile payments players for that emerging market. Non-mandatory interoperability between mobile network operators, bankcard issuers, acquirers and the card brands was the focus of the law. Brazil currently...
Orange and BNP Paribas are introducing a new retailing banking service in Africa that would make easy two-way money transfer between Orange Money and BNP Paribas accounts possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Brixton Pound organization announced this week that it has partnered up with payment solution provider Dingo to bring iBeacons to the southwest London area. Additionally, Brixton Pound worked with kontakt.io for the iBeacon hardware and integration aspect. Get the Full Story Complete the form...
The report “National Payments Schemes: Drivers of Economic and Social Benefits?” shows domestic payment schemes, which predominantly run debit cards, are an economic-sound alternative to international giants MasterCard and Visa as they offer customized services and local decision making. The study also showed their costs...
Chilean Banco de Crédito e Inversiones has started the first phase of Clear2Pay’s Open Payment Framework project with 60k domestic firms. In a second phase it will be extended to all types of payments. Get the Full Story Complete the form to unlock this article...
International tourists flocking to the 2014 venues for the FIFA World Cup in Brazil spent about $27 million in four days on their Visa accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
