Payments

Mobile Payments Evolve in South Africa With Beacon-Based Payments

Mobile payments technology is evolving at a faster pace with the introduction of payment apps, wallets in smartphones backed by NFC and other technologies. Developers and innovators are trying different ways to make payments frictionless and core banks are joining hands with technology providers to bring good payment experiences. One...

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Enabling Technologies

How to Integrate Payments in IoT Devices?

Internet of Things (IoT), from eye-wear to cars and smartwatches, is spreading its wings as the technology behind it matures. Connecting various types of electronic devices together for a great experience in the day-to day activities is stated to be the ultimate objective of IOT. So how can the commerce...

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Lending

Payday Loan Disruptor LendUp Raises $50 Million Funding

LendUp, a socially responsible online lender that disrupts payday lending, has recently raised $50 million in credit debt facility from Victory Park Capital. With the recent funding, the company has so far raised a total of $64 million in four rounds from 17 investors including Google Ventures, Data Collective, QED...

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BankTech

The Mobile Component Is Growing Across Financial Services

The mobile is having a profound impact on the financial services industry. It’s the biggest change since the credit card was introduced in the U.S. The infographic below illustrates the fact: >> In 2014, around 30% of MasterCard and Visa’s revenues were generated by mobile payments. Increase in mobile payments...

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Payments

Some Lesser-Known FinTech API Companies

There are some useful APIs that payment companies use to design digital as well as futuristic platforms for innovation in payments. Some of them are well known and we covered 14-15 of them recently. Here are some lesser-known companies whose payments APIs are making waves: Plaid The startup describes itself...

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Enabling Technologies

OpenTable Teams up with NCR to Bring Mobile Payments to More Diners

NCR Corporation, a leading player in consumer transaction technologies, and OpenTable, a leading provider of online restaurant reservations and part of the Priceline Group, have announced that they have integrated OpenTable’s Pay with OpenTable app with the industry-leading NCR Aloha point-of-sale solution via the NCR Hosted Application Protocol Interface (API)...

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