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Smooth Commerce and Visa first in Canada for Visa Developer Programme

Canada

Smooth Commerce and Visa have completed the first integration of Visa’s Developer Programme in Canada and brought to market “a first of its kind innovation” in the mobile commerce space.

Dubai gets first fintech accelerator

Dubai International Financial Centre

FinTech Hive, to be housed at the Dubai International Financial Centre (DIFC) in Dubai’s Central Business District (CBD), is set to launch this quarter. Accenture runs fintech innovation labs in New York, London, and Hong Kong; and has been tasked with setting up and operating the accelerator. Aimed at providing better financial services technology to […]

Payments paradise by the dashboard light: Visa, Honda test-drive in-car transactions

Honda and Visa Demonstrate In-vehicle Payments with Gilbarco and

Honda and Visa are testing a system that enables a driver to pay for fuel and parking from inside Web-connected cars, the latest development in the emerging Internet of Things (IoT), and yet another sign that more payments are moving beyond physical payment cards, reports Paybefore. The announcement, made from the Consumer Electronics Show in […]

Walmart and Visa make peace in Canadian payments dispute

Visa Europe and Visa Inc are one company again

A major payments battle has come to an end: Walmart Canada and Visa said they have reached a deal that enables consumers to use Visa-branded payment cards at retail locations in that country, reports Paybefore. The companies did not disclose terms of the deal, which stems from a disagreement in 2016 involving interchange. Walmart said […]

Top ten blockchain stories in 2016

Blockchain

It felt like there was a blockchain story every day in 2016, but we look back at some of the bigger stories with Banking Technology’s top ten! Microsoft and AMIS launch Asia’s first blockchain consortium Microsoft says it is also in “collaboration” with banks such as Ubon Financial, Cathay Financial Holdings and MegaBank to further […]

Visa and Chain team up for new B2B blockchain payments platform

Visa and Chain to build new blockchain payments system

Visa has unveiled Visa B2B Connect, a new blockchain-based platform that it is building with US-based blockchain specialist Chain Inc. At present, the solution is in preview mode. It will be piloted in 2017.

Payments round-up: 2 September 2016

Banking Tech 2

Time flies, so we’ve devised a quick fix. Here’s a round-up of key events in the payments space. In China, Qilong and Shenzhen Qianhai Exce-card Technology (SQEC) have formed a strategic agreement to co-ordinate with banks to issue China Union Pay audio bank cards. The latter make sounds when the buttons on the cards are […]

Payments round-up: 1 September 2016

Banking Tech 2

Brevity is the goal of this. Here’s a round-up of events in the payments space to save you time. Let’s start off small… as in Small World FS. The London-based payment service provider reached a milestone with 50 million transactions processed on behalf of its customers. The firm’s been around for ten tears and says […]

Visa Direct expands real-time payments in US

Visa Europe and Visa Inc are one company again

Visa says more banks and companies in the US have chosen Visa Direct to expand their real-time payment services, including PayPal, Fiserv and Square. Visa Direct is a payments platform designed to allow financial institutions, developers and partners to offer real-time person-to-person (P2P) payments and business disbursements such as insurance claims payments, contractor payments, tax […]

MasterCard and PayPal mull strategic alliance

paypal

Years of friction could be over as PayPal is talking to MasterCard on a potential strategic alliance, according to the Financial Times. PayPal, with its network of 188 million active users, has been expanding at MasterCard’s and Visa’s expense. One example was its recent partnership with Mexican telecommunications giant América Móvil for growth in Latin […]

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