E-commerceRSS

Barcode payments spread across Africa with M-vendr and PiP iT

Africa

M-vendr, a UK-based tech company with a POS pay-in system across 12 African nations, has signed an agreement with international cash payments platform PiP iT to integrate the latter’s barcodes across its network of 45,000 merchant locations.

Infographic: same-day ACH debits steps for success

Same-day ACH Debits infographic

Nacha, the backbone for the electronic movement of money and data in the US, has launched the same-day automated clearing house (ACH) debit transactions with its ACH Network.

Bank of Baroda teams with Amazon for SME lending

India

India’s second largest bank, Bank of Baroda, has got itself an “exclusive” micro lending partnership with Amazon. The bank says through this partnership it is running a process for underwriting Amazon sellers “who would traditionally not be able to procure a line at formal financial institutions”. The deal is part of the bank’s ambitions to […]

Payments funding round-up: 12 September 2017

Investment funding

Pineapple Payments announced a $35 million equity investment for its merchant-focused payments technology, PayJoy snagged $6 million while B2BPay won BBVA’s Open Talent Global Fintech for Companies competition.

Payments industry steps up to help Hurricane Harvey victims

Hurricane Harvey 2017

Several payments companies have announced efforts to help the victims of Hurricane Harvey in Texas and Louisiana, including monetary donations, interchange fee waivers and m-POS equipment.

BNP Paribas exports nexo standards across 14 European countries

BNP Paribas

French bank BNP Paribas wants to help merchants “kiss goodbye” the costly, time-consuming and complex task of managing multiple, incompatible domestic acceptance systems. It plans to accomplish that for merchants in 14 European countries by deploying nexo’s acquirer payment acceptance messaging protocol.

ShopKeep expands into SME lending

ShopKeep

ShopKeep doesn’t just want to help small businesses accept payments, it wants to help them grow their businesses.

Top fintech stories this week – 1 September 2017

Banking Technology logo

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

McDonald’s taps Capgemini for digital push; Burger King unveils Whoppercoin in Russia

McDonald's

Capgemini has signed a multiyear IT strategic provider agreement with McDonald’s to help the fast food giant use technology to improve the customer experience. Meanwhile, Burger King has launched a blockchain-based loyalty programme in Russia.

Alipay buzz continues with Starbucks deal

Starbucks

Alipay is zipping along in terms of its international expansion. With its latest partnership, the world’s largest online and mobile payment platform operated by Ant Financial, is now available for Chinese tourists at all 242 Starbucks branches across Malaysia.

@banking
techno