BankTech

New Insights on Apple Pay Emerge After Spring Forward Event

After the recent Apple event, some new statistics have emerged that provide further evidence of how Apple Pay has been successful in the mobile payments space. Since its launch, Apple Pay has become available at more than 700,000 locations, including more than 2500 banking locations. Coca-Cola is now supporting Apple Pay...

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BankTech

Visa is Partnering with Banks Across the Globe to Expand HCE Services

Visa Inc. has announced that it has partnered with several leading financial institutions around the world to offer new mobile payment services. BBVA and Cuscal launched new issuer-branded mobile payment applications for mobile devices running on the Android operating system. Additionally Banco do Brazil, PNC Bank, N.A., and U.S. Bank...

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Lending

P2P Lending to Reach $350 B, OPB Lending $206 B in Next 10 Years

Peer-to-Peer (P2P) and Online Platform based Business (OPB) Lending Report The future of alternative lending is looking bright in the US. Non-traditional alternative lending has grown rapidly in the last few years. Alternative lending caters to those customers who need cash but might not qualify for traditional bank loans because...

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BankTech

China Makes Big Move for Internationalization of Yuan

China’s international payments system, which would allow cross-border transactions in its currency Yuan, is poised to launch later this year, as reported by Reuters. CIPS (China International Payment System) would be a big step in internationalizing the usage of the Chinese currency. CIPS would further fuel the usage of Yuan by...

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