UK digital banks’ sales expected to treble in the next year
Despite Brexit and concerns about their long-term profitability, UK-based challenger banks seem set to grow their sales in 2019.
Alibaba opens its first European store as it’s gunning for Amazon
The Chinese e-commerce giant Alibaba has opened its first European store in Madrid.
PayPal suspends Ku Klux Klan fundraising account
Payment platform PayPal has removed an account used by the Ku Klux Klan to raise money.
Trustly to offer payment service on Alibaba e-commerce platform
Online banking payments platform Trustly has partnered with business-to-business e-commerce platform Alibaba.
Payments unicorn Revolut is opening a new centre in Portugal
Revolut has announced plans to open a customer operation centre in Porto, Portugal. The move will create 400 new jobs, according to the payments app.
Here’s why Americans aren’t paying with their smartphones as much as people in other...
Americans are not using their smartphones to pay for stuff as much as other nations, according to Bain, the management consultancy.
Rapyd partners with Hong Kong-based TNG FinTech Group for global cashless transactions boost
Payments company Rapyd has added TNG FinTech Group, the Hong Kong-based e-wallet and e-money platform provider, to its network.
Why digital payments are booming in India
Digital payments in India have grown by 12.7% over the last year, according to a new report by accountancy giant KPMG.
This is why Singapore may soon welcome its first digital banks
Before long, Singapore may see its first five digital banks open in the country. And it could be the biggest shake-up of the country's banking sector in decades.
Barclaycard teams up with TouchBistro to empower restaurant with more efficient payment methods
Canadian TouchBistro, the point-of-sale payment solution for restaurants and pubs, has joined forces with Barclaycard, the global payment business.