Apple and China UnionPay have agreed to partner on a mobile payment service that will bring the bank card organization’s app to iPhones nationwide. This will make it possible to pay-by-phone at the 3 million “QuickPass” POS machines nationwide, reports Brightwire. The two companies are also collaborating on...
Central bankers of in South Asian countries have reached an agreement on the need for the enforcement of payment and settlement system (PSS) in the SAARC region. The SAARC region is an economic and geopolitical cooperation among Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and...
While everyone in payments has been focused on another player out west whose name begins with an “A” no one has really paid much attention to the other one even father west with even greater payments and commerce ambitions. MPD CEO Karen Webster gives you...
The Hearst-backed service for managing bills, Manilla is slated to shut-down on July 1, due to inability to bring the business to scale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Due to technical snags with a new software system, Chrysler is struggling to pay suppliers on time. The software program began on January 1st for about 1,500 suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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....
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...
Swedish mPOS firm iZettle has just closed out a lucrative €40M series C funding round led by London-based Zouk Capital. Zouk was joined by Dawn Capital, Intel Capital, and previous investors Creandum, Northzone, Index Ventures, Greylock Partners, and SEB Private Equity. Get the Full Story Complete the form to...
