A new app launched last Tuesday, Pay Finders, helps users easily find local merchants who accept Apple’s mobile payment service, Apple Pay. People can also give their feedback on the Apple Pay experience at a location. This crowdsourced feedback can help others to make a decision and also help stores to...
Read More · 8 minutes
HR software company Zenefits announced the launch of its new payroll system called “Zenefits Payroll” which runs itself and is totally free. There are two versions of the system: Self-Driving Mode and Pro. The payroll system will be available to businesses from January 2016. The payroll system was built in...
Read More · 2 minutes
BBVA Compass, a United States-based financial holding company, recently announced that it will be offering its credit card clients real-time redemption of rewards earned on qualified purchases that they make at any retailer. The patent-pending innovation was introduced with the latest release of BBVA Wallet, the bank's mobile wallet that...
Read More · 3 minutes
Many VCs have poured money into bitcoin/blockchain startups realizing the potential of what could become the “IC engine” of FinTech, and rightly so. Some of these startups are at the cutting edge of problem-solving. Also, investment of time, energy and money from firms such as Goldman Sachs, Visa and NASDAQ...
Read More · 4 minutes
The remittance industry is experiencing fast growth and gathering attention from a number of startups and investors, bringing along technological and product innovation to address the increasing demand in this important market. Multiple startups have been launched and some have had significant growth even in this mature segment. This highlights...
Read More · 3 minutes
Indiabulls Housing Finance Ltd. recently acquired a 39.76% stake in UK’s OakNorth Bank for $100 million. OakNorth Bank is a licensed UK commercial Bank. With 39.76% shareholding, the company will be the largest shareholder in the bank. Further, subject to regulatory approvals, Mr. Sameer Gehlaut, Chairman of the company, will...
Read More · 2 minutes
CircleUp is a well-known fundraising platform for consumer products. The company has raised $30 million in series C funding led by Collaborative Fund. The company is working on a new technology platform which simplifies business for both investors and entrepreneurs. The company focuses on innovative consumer products and retail brands....
Read More · 2 minutes
NCR Corporation, an American computer hardware, software and electronics company, received an $820-million investment from private equity firm Blackstone Group. The private equity firm will get a 17% stake in NCR Corp, one the world’s biggest makers of automated teller machines. The money will be used to buy back up...
Read More · 4 minutes
It’s an exciting time to work in the payments industry. Technology is evolving incredibly quickly and every week brings more options for payments. Yet the payments process is often disjointed from the rest of the brand experience, particularly for companies that have to collect regular payments from customers, such as...
Read More · 5 minutes
Visa Europe recently announced its collaboration with Epiphyte, a provider of blockchain-based software-as-a-solution (SaaS) for immediate financial transactions. Visa Europe Collab and Epiphyte, a recent graduate from San Mateo incubator Boost VC will be working on a proof-of-concept to use bitcoin and blockchain capabilities to make remittance services more efficient...
Read More · 2 minutes
DHpay, one of renowned payment service providers offering cross-border, multi-currency payment platform in China, implemented Austreme’s Transaction Laundering Detection solution. DHpay is an independent subsidiary and payment platform provider of its mother company DHgate, the first B2B online marketplaces in China for buyers and sellers around the world. With a...
Read More · 3 minutes
Shelfbucks, the leading in-store smart display and smart shelf marketing platform for retail stores and brands, recently announced that it has closed its series A funding by raising $6.5 million. The funding will be used to facilitate large-scale rollouts of its platform and to speed up the company's overall long-term...
Read More · 2 minutes
