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PayPal's latest move to promote Venmo for retail payments may be the company's clearest admission of the limitations of the PayPal brand.
October 17 -
Chinese tourists visiting the U.S. may begin paying cab fares via Alipay this month in Las Vegas and next month in New York through an expanded acceptance deal with Verifone.
October 17 -
BBVA has launched a new mobile app that is designed to help people in the U.S. send money to friends and family in Mexico — more quickly and cheaper than traditional remittance methods.
October 16 -
Fintech solutions to send cross-border payments to unbanked consumers through smartphones are gaining momentum globally, but the volume of remittances going to bank accounts in developing countries is also on the rise, according to Small World Financial Services.
October 13 -
Santander Group's fintech venture capital fund is investing in ePesos, a Mexican mobile funding and payments startup targeting underbanked small businesses.
October 13 -
Cash is resilient, especially during times of crisis or uncertainty. But there are significant efforts to make cash less relevant in areas where it has typically been a mainstay.
October 13 -
Most financial institutions use outdated legacy systems that are siloed by factors such as lines of business and geography, writes Suresh Ramamurthi, chairman and CTO of CBW Bank.
October 12CBW Bank -
Omnyway wants to boost its global reach, necessitating a geographically diverse range of investors for its $12.75 million funding round, led by Nyca, CommerzVentures and CEFIF.
October 12 -
It has now been two years since the EMV fraud liability shift took effect in the U.S. for most companies. This is enough time to evaluate the EMV migration's effect on fraud, and whether it can be blamed for anything happening in digital channels.
October 11 -
AR technology is not all that new, but its wider support could bring fresh ideas to brick-and-mortar retail.
October 10