BankTech

The Case for Consolidation

If you believe Forrester, the mobile payments market in the United States will triple over the next four years, from $50 billion to $142 billion.  Who will dominate the market for mobile payments by 2019? Well, it’s not likely to be Starbucks. At the end of 2013, Starbucks claimed a...

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BankTech

Visa Poised to Invest €200 Mn a year in New Payments Technologies

Visa Europe has reported its strongest annual financial performance to date for the year ending 30th September 2014. Gross revenues grew 9% year-on-year to €1.9 billion while profits of €344 million were €80m higher than last year. This enables Visa Europe to invest more than €200 million in new payments...

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Payments

Google Wallet to Power P2P Money Transfer for Gmail Users Outside US

Google Wallet is now taking steps towards enhancing its international presence leveraging Gmail as a platform. Across geographies outside the US, Google Wallet was being used only for making in-app purchases on Google Play or for online checkout. Even the Google Wallet app is not available in many countries. But this...

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BankTech

This Startup is All Set to Bring a Whole New Banking Experience in Europe

Number26 is a Germany based banking startup having a cooperation with the Wirecard Bank AG. The online-only banking service recently launched its services in Europe and has begun accepting deposits from customers in Germany and Austria. Number26 has established a strategic partnership with Wirecard Bank. The Wirecard bank has an official...

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