BankTech

TRANSFAST and YES BANK Launch Instant Bank Deposits for Money Transfers to India

New Service Offers Unparalleled Speed, Value, and Convenience for NRIs Around the World New York and Mumbai, India, July 17, 2014 -- TRANSFAST, a leading international money transfer company, and YES BANK, India's fourth-largest private-sector bank, today launched a first-of-its-kind, instant money transfer service to banks across India. This service operates...

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Payments

Now start shopping on Facebook, testing of Buy Button begins

Facebook is helping businesses boost their sales through the world’s biggest online social network. The buy button is active and will let people buy products directly from businesses without leaving Facebook. The button is currently visible at the bottom of sponsored ads, news feed ads and page posts. It is...

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Enabling Technologies

North American mobile payments increased 48% over last year, Adyen reports

Smartphones Increase Lead Against Tablets as Most Preferred Mobile Device, Except in Retail, Which Saw Increases in Average Transaction Amounts Across Both Platforms  Android Platform Experiencing Tremendous Growth, with Android Mobile Web Transactions Catching Up to the iPhone, But iOS Still Dominates San Francisco, July 17, 2014 – Adyen, the...

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Cards

Twitter leaps ahead in social commerce, acquires CardSpring

In the quest to explore “in the moment social media commerce” opportunities, Twitter announced today that it has acquired CardSpring, an application platform that enables coders to build offers linked to cards and virtual currencies. According to sources, the service will be kept open to all developers. Social-media giants’ intention...

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Enabling Technologies

Google Wallet gets spiffy updates

If you thought that Chrome was the only app from Google to get an update yesterday, you are in for a surprise. The company announced some new features for the Google Wallet app for both Android and IOS. New features added to Google Wallet First up, Google has enabled customers...

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Lending

Three innovative lending firms serving businesses

Despite the stabilization of debt markets, banks are increasingly reluctant to lend to small businesses. Banks have less capital and less of an appetite to lend to small borrowers. Many of these businesses are as creditworthy as they were in 2008, but they just cannot meet the stringent conservative standards...

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