All about payments
Chinese mobile payment platform operated by Ant Financial – Alipay came up with initiatives to support small businesses in Wuhan as the city remerges from the lockdown period due to the COVID-19 pandemic.
ATM network Link said their customer's usage of the cash machines and cash has fallen by 50% during last week.
According to data gathered by Finanso.se the European digital payments market is expected to hit a record $802 billion transaction value in 2020, which means a 9.9% yearly growth rate.
Costa Coffee decided to refuse cash payments amongst its 2500 branches in the UK. Also, customers will no longer be able to sit in its shops due to the coronavirus epidemic.
Ant Financial, an affiliate of Chinese e-commerce giant Alibaba, will open its Alipay mobile app platform to 40 million service providers in China over the next three years and help them digitize their offerings, it said on Tuesday.
Klarna, Europe’s most valuable fintech company, said on Wednesday that China’s Ant Financial Services Group had taken a small stake in...
The evolution of the consumer payment method is reshaping payments diversely in its wake around the world. Payment preferences are as diverse as the people that use them. With a close look, we find global trends across the universe of commerce.
Europe's largest traditional bank Santander is within weeks of launching its fintech transfer rival, PagoFX, according to several people briefed on the plans.
Mastercard announced that Ajay Banga, President and Chief Executive Officer, will transition to the role of Executive Chairman of the Board of Directors of Mastercard Incorporated on January 1, 2021. Mastercard’s Board unanimously elected Michael Miebach, Chief Product Officer, to become Chief Executive Officer.
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For a few years now, consumer attitude towards finance and banking has been changing. A rapid rise in digital consumption has resulted in more technology and innovation than ever before, with total fintech investment in Europe skyrocketing to $58.1bn in 2019.*
Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020 and now it extends their benefits.