Enabling Technologies

Alibaba Launches Pay Watch; Powers Mobile Payments at McDonald’s

Alipay to Power Mobile Payments for Global Restaurant Chain McDonald’s: Global restaurant chain McDonald’s has collaborated with Alipay, the leading Chinese third-party payment provider and a subsidiary of Alibaba Group. The deal will enable mobile payments in 2,100 McDonald’s stores in China. According to the Chinese e-commerce giant, 54 out...

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BankTech

Prosper Marketplace Acquires BillGuard

Prosper Marketplace announced today that it has signed a definitive agreement to acquire BillGuard, the personal finance tracking application that enables users to protect & control credit and identity in real-time from their mobile devices. The acquisition combines one of the largest and fastest growing personal finance apps with Prosper’s...

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Payments

Merchant Processing Startup, Fattmerchant, Launches First Virtual Terminal Focused on User Experience

Company saves businesses time and money with new user-friendly virtual terminal and unique subscription-based model Fattmerchant, a merchant services provider saving businesses thousands with its subscription-based model, announces the launch of its virtual terminal, not only providing merchants with secure and efficient transactions, but also new search functions and reports....

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Payments

MasterCard's end-to-end, Non-financial Service to Streamline Aid Distribution

In a press release MasterCard announced that its new aid network delivers transparency, efficiency and safety to humanitarian agencies.  Humanitarian organizations are increasingly asked to provide aid in a climate of political and economic unrest. To address this challenge, MasterCard launched the MasterCard Aid Network, an end-to-end, non-financial service designed to streamline...

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Enabling Technologies

API Ecosystem Named #FintechRevolution Launched by Xignite

Xignite, a financial market data cloud API provider, recently launched a collection of APIs called the #FintechRevolution in partnership with Yodlee, Nasdaq, ChartIQ, ValueStream and many other Fintech companies. The program is spearheaded by Xignite and membership is open to Fintech vendors, data vendors, service providers and accelerators. Firms ranging...

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Authentication & Security

Trends & Insights into Various Methods of Biometric Authentication for Payments [Report]

A recent survey by MasterCard  found that 83 percent of consumers were excited about new secure technologies helping to protect their financial information. The survey also stated that three-fourths (75 percent) of consumers confirmed that they have heard of biometric payments. Payment fraud rates continue to rise. For years, passwords...

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Authentication & Security

Barclays Enters a Partnership With VeriFone to Provide Easy Payment Option to Pingit App Users

International financial services provider, Barclays has signed an agreement with payments technology company VeriFone. The agreement will enable the users to pay for their goods and services through their Barclays’ Pingit app. Barclays’ Pingit app can be integrated as an accepted payment method by Verifone's 20,000 clients using Verifone's PAYware...

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