Saturday, July 4, 2020
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After testing a beta version in India, WhatsApp has launched in-app payments in Brazil.The payments are enabled through Facebook Pay, which parent company Facebook said last year it would be rolling out to Instagram, Messenger, Facebook, and eventually WhatsApp. “Payments on WhatsApp are beginning to roll out to people across...

Banking

Federal Bank of India combats card and merchant fraud with support from ACI Worldwide

Federal Bank of India combats card and merchant fraud with support...

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced that India’s Federal Bank is leveraging its UP Payments Risk...

Insurance

Asset Management

 Schwab completes asset acquisition of USAA's investment management company

Apollo Announces Further Expansion of its Insurance Asset Management Business

Apollo Global Management, Inc. announced expansion of its insurance asset management business, as Athene Holding Ltd.  has entered into a fixed annuity block reinsurance...

Cards & Payments

Contactless payment transactions to reach $6tn globally by 2024, fuelled by increased card use

CPI Card Group and Visa Launch Payment Card Made With Up...

CPI Card Group Inc., a leading provider of credit, debit and prepaid solutions, and Visa launched the Earthwise™ High Content Card. Made with up...

Mergers & Acquisitions

Company Statements

Wirecard and Stocard collaborate to launch mobile payment feature and drive contactless payment adoption

Wirecard and Stocard collaborate to launch mobile payment feature and drive contactless payment adoption

Aschheim (Munich). Wirecard, the global innovation leader for digital financial technology, is collaborating with Stocard, the leading mobile wallet and one of the largest...
 Stripe payment services now available in five more European countries

Stripe payment services now available in five more European countries

Stripe, a company offering payment services over the internet, has announced the launch of its services in five more European countries including the Czech...
 Samsung, SoFi and Mastercard partner to offer Samsung Money by SoFi

Samsung, SoFi and Mastercard partner to offer Samsung Money by SoFi

Samsung Electronics America, in partnership with fintech company SoFi and Mastercard, has rolled out a new mobile-first money management offering Samsung Money by SoFi. The...
Billtrusts Business Payments Network

Visa supports Pay.UK in delivering request to pay pilot ahead of full service launch

Visa has facilitated the first request to pay message sent and received using Pay.UK’s standards, ahead of the anticipated commercial launch of request to...

Technology

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Finance

PayU consolidates its India digital credit offering, announces plan to merge LazyPay and PaySense

Zip Co to acquire QuadPay to create $1bn global payments firm

Australian buy now, pay later (BNPL) services provider Zip Co has agreed to acquire its American rival QuadPay, expanding its reach to more than...