Search Results for: mobile payments
Virtual currency as a payment method in Japan officialy from April 1
March 29th, 2017
Virtual money poses accounting dilemma for Japan’s early adopters Asset or expense? The bottom line depends on the answer A new law defining virtual currency as a payment method goes into effect in Japan this Saturday, but in the ...
The biggest fashion group in the world announced net sales rose 12% to €23.3bn in FY16
March 15th, 2017
Same-store sales growth was 10%. The Group generated over 9,596 new jobs, one in four of which were in Spain. At year-end, its headcount stood at 162,450. In April, 84,000 Inditex employees will receive their second payment under the ...
First Global Fintech Fund for the Underserved
March 6th, 2017
The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to underserved consumers and businesses in emerging markets Three billion people around the world are underserved by the financial ...
What about paying with your sunglasses?
February 6th, 2017
Because we carry our phones with us all the time that it makes sense to include mobile payment functionality on them. However what about those times it’s not convenient to bring our phones? Like at the beach or a ...
Ingenico Group to acquire 100% of TechProcess Payment Services
January 31st, 2017
Ingenico Group announced today it has reached an agreement in principle to acquire 100% of TechProcess Payment Services Ltd (“TechProcess”), a leading Indian electronic payments services provider from its current shareholders (major global and Indian investors). Created in 2000, ...
PayPal reports Q4 revenue increased 17% to $2.981 billion
January 27th, 2017
Global technology platform and digital payments leader PayPal Holdings, Inc. (Nasdaq:PYPL) today announced fourth quarter and full year results for the period ended December 31, 2016. Throughout 2016, PayPal deepened engagement on its platform, advanced its commitment to customer ...
ECB on pan-European instant payment solutions
January 11th, 2017
The European Central Bank (ECB) has published a Keynote speech by Yves Mersch, Member of the Executive Board of the ECB, at the French Payments Committee conference on “Technological innovations in payments and beyond”, Banque de France, Paris, 6 ...
Spains first Fintech incubator and accelerator wants to attract international companies
December 19th, 2016
Spains first Fintech incubator and accelerator wants to attract talents and start-ups from Europe and Latin America. The program includes a 16 weeks incubation in Spain and continues to use a collaborative approachas it does not require any stake ...
Regulation key to growth of African fintech
December 14th, 2016
African fintech is a booming sector, but effective regulation and tackling fraud are crucial to ensuring the space fulfils its potential in offering more Africans access to financial services. This is according to panellists at the Africa Technology Summit ...
Citibank Launches Challenge to Apple and Google With Citi Pay
November 11th, 2016
Citi is the latest company to enter the mobile wallet wars, which is dominated by Apple Pay, Android Pay, PayPal, Samsung Pay, and others. On Thursday, the finance titan unveiled Citi Pay, a new mobile wallet for Android phone ...
