P2P Payments

By incorporating the Zelle banking app, Bank of America has already seen 163 million peer-to-peer (P2) client transactions in 2019. In 2018, 157 transactions were registered.

Facebook’s messaging service might be about to strengthen its position in the Asian payments market as WhatsApp is rumoured to be talking with Indonesian digital payment firms.

Splitit Payments, a monthly instalment payments solution business, has signed a partnership with Ableton AG, the music software provider.

Latin-American Kushki Pagos just announced it has bought company QVO, a platform that gives SMEs access to online payment solutions.

Anglo-Gulf Trade Bank is a new venture supported by Microsoft and Publicis Sapient, the digital business transformation hub of Publicis Groupe, the communications group.

Carbon, an FinTech startup based in Nigeria, has posted its financials on its website despite most other African new enterprises would be reluctant to do so.

The Apple CEO Tim Cook announced that the tech titan is launching its credit card Apple Card in August during an earnings call discussing the business’s third quarter earnings.

The Payment Systems Regulator (PSR), the subsidiary of Britain’s Financial Conduct Authority, has revealed physical money still pays a roll in the UK.

With its new capital injection, payment services startup Finix is set to challenge the likes of Stripe and Square.

San Francisco-based Chipper Cash is expanding its cross-border payment services to Nigeria together with PayStack, the payment gateway company.