Boom Financial is empowering the unbanked with mobile bank accounts and money remittance right on their smartphones.
The European Parliament has voted to shake up the landscape of commerce relating to credit and debit cards.
Andrew sat down with Renaud Laplanche, CEO & Founder of Lending Club to talk about the company’s tremendous growth, this thoughts on the payments ecosystem, and plans for 2014.
Alibaba is spending $692 million to bring online payments to the real world.
Hoping to capture the booming online-retail business in China, MasterCard has partnered with the China Construction Bank to power their “LongPass” digital wallet offering.
While the outcry was enough to get China’s central bank to notice, it wasn’t enough to get them to change their mind, now saying they may revise the amount they cap mobile payments based on public opinion.
Sanctions imposed on Russia by the U.S. because of the country’s actions in Ukraine and Crimea has brought some Russian banking customers to lose usage of their Visa and MasterCard payment cards.
China’s central bank, The People’s Bank of China, has effectively banned QR code payments and put a dent in the plans of China’s leading internet companies.
VocaLink, providers of the UK’s national payment system, has released an infographic detailing the power and the demand of real-time payments.
Alibaba, China’s massive e-commerce and payments company, has announced that it’s in the beginning stages of an initial public offering in the United States.