Payments

QSR Mobile Payments Trends, Comparing 2014 to 2015

True to their name, fast food chains always strive to be the fastest. With this in mind, many are adopting mobile payment methods. This article will evaluate six such examples where mobile payments have changed the way people are paying for their orders. In this article, we compare the various...

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BankTech

In 2016, Paytm Plans to Add About $500 Million in E-Wallets

Mobile payments and commerce firm Paytm expects customers to add about $500 million in their wallets in 2016, a tenfold increase over this year, its founder Vijay Shekhar Sharma said. "In 2015, we saw wallets become mainstream. Next year, as more and more businesses push marketing dollar spends to cashbacks...

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Payments

Alibaba to Invest $1.25B in O2O Services Company Ele.Me

According to a report by Caixin, Alibaba has agreed to invest $1.25 billion in Shanghai-based food ordering mobile app Ele.me. According to the agreement, Alibaba will own a 27.7% stake in Ele.me, thereby becoming the biggest shareholder in the startup. In August, Ele.me raised US$630 million in its Series F funding round...

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BankTech

Europe Business-To-Business (B2B) Payments Market Snapshot

Across industry segments, more and more businesses are searching for solutions to accounts payables (A/P) and accounts receivables (A/R) processes within standard finance processes of order to cash (OTC), procure to pay (P2P), including additional processes related to sourcing, procurement, invoicing, payments and settlement. Although enterprise resource planning (ERP) systems...

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Blockchain

2016 Forecast: 5 FinTech Experts Pitch In

Mike Massaro Mike Massaro, CEO of Flywire (formerly Peer Transfer) shared his thoughts on what the future holds for large cross-border payments. Flywire is a leading provider of high-ticket, cross-border payment solutions, connecting institutions on six continents with consumers from around the world. Convenient, fast and secure, Flywire’s scalable cross-border...

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