SBI Embraces E-Commerce With PayPal Partnership

June 3, 2015    By : Shubha

On May 21, 2015, India’s largest bank—State Bank of India (SBI)—signed a strategic partnership with the world’s leading digital payments company, PayPal. SBI Debit cardholders can now use PayPal when they purchase products from overseas e-commerce websites. The tie-up of

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Visa Checkout Comes to US Airlines With Virgin America

June 1, 2015    By : Shubha

California-based carrier Virgin America Inc. provides air travel services in the continental United States and Mexico. The company operates from its focus cities of Los Angeles and San Francisco to other business and leisure destinations in North America. British billionaire

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Mobetize to Enable MNOs to Offer Low-Cost Remittance Services

May 31, 2015    By : Shubha

Mobetize Corp. is targeting customers of Western Union, MoneyGram and other money transmitter operators (MTOs) by enabling mobile and telecom operators to now offer an alternative low-cost money remittance service. Mobetize has completed its contracts, technology integrations and compliance globally

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Sign2Pay- An Innovator in the Mobile Commerce Checkout Space

May 30, 2015    By : Shubha

This year’s Innovation Award winner at the Merchant Payment Ecosystem Conference (MPE), Sign2Pay, allows people to buy online in the most secure way possible by authenticating payments on touchscreen devices with their signatures. Sign2Pay won this year’s Innovation Award at

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In the Meantime, Apple Pay Gets Closer to 2.0

May 29, 2015    By : Shubha

On February 28th this year, we wrote about how Apple Pay 2.0 can bring the value. We had come across some exclusive patent information and through our own sources, we had predicted that Apple Pay would bring attractive prospects such

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In the US, Credit Cards Are Not Doing that Bad Compared to Debit Cards

May 29, 2015    By : Shubha

Credit cards have still not lost their significance in the US. The new revolution in the payments technology space—like Apple Pay, digital wallets, mobile point-of-sale (mPOS) and other contactless payments methods—has however increased the convenience of people using cards in

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TSYS and PAX Technology, Inc. Collaborate to Simplify EMV Certification Process

May 28, 2015    By : Shubha

Ahead of the October 1 EMV liability shift deadline in the US, global payments provider TSYS and electronic payment solutions provider PAX Technology, Inc. has partnered to produce a new semi-integrated solution that can help simplify the EMV certification process

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Mobile Payments Evolve in South Africa With Beacon-Based Payments

May 28, 2015    By : Shubha

Mobile payments technology is evolving at a faster pace with the introduction of payment apps, wallets in smartphones backed by NFC and other technologies. Developers and innovators are trying different ways to make payments frictionless and core banks are joining

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Westpac Bank Involves Young Minds to Discuss Ideas for Next FinTech Star

May 27, 2015    By : Shubha

This is the age of technology startups pioneered by the responsible young generation. Seeing the potential, Westpac bank of Australia has invited young non-bankers aged between 18 to 35 years to present their ideas on digital disruption as part of

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Payday Loan Disruptor LendUp Raises $50 Million Funding

May 27, 2015    By : Shubha

LendUp, a socially responsible online lender that disrupts payday lending, has recently raised $50 million in credit debt facility from Victory Park Capital. With the recent funding, the company has so far raised a total of $64 million in four

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