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Payments News - from Glenbrook Partners



Payments News ISSN 1556-4487. Compilation Copyright © Glenbrook Partners LLC, 2002-2013. All Rights Reserved.



Last Build Date: Thu, 25 May 2017 13:57:58 -0700

 



Headline News from PaymentsNews.com - May 25, 2017

Thu, 25 May 2017 13:57:58 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Stripe now lets marketplaces onboard new sellers in less than 2 minutes - Venture Beat - "Today, Stripe is lifting the lid on a new kind of Connect account in the U.S. that allows sellers (e.g. couriers, merchants, and drivers) to sign up to Stripe Connect-powered marketplaces in less than two minutes — drastically undercutting the current state of play, which can take several weeks." Safaricom lowers merchants fee to 0.5% on M-Pesa 1Tap Platform -...



Headline News from PaymentsNews.com - May 24, 2017

Wed, 24 May 2017 07:08:24 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Target to Pay $18.5 Million to Settle Massive 2013 Data Breach - Wall Street Journal (Paywall) - "Target Corp. on Tuesday agreed to pay $18.5 million to resolve an investigation by state prosecutors into its massive 2013 hack, a deal that represents the largest multistate data breach settlement in history." Introducing Paytm Payments Bank - Paytm blog - "The Paytm Payments Bank will bring a new banking model to the world where an account holder’s money...



Headline News from PaymentsNews.com - May 23, 2017

Tue, 23 May 2017 14:54:30 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Google now knows when its users go to the store and buy stuff - Washington Post - "Google will begin using data from billions of credit and debit card transactions — including card numbers, purchase amounts and time stamps — to solve the advertising juggernaut’s long-standing quest to prove that online ads prompt consumers to make purchases in brick-and-mortar stores, the company said on Tuesday." TransferWise launches ‘Borderless’ account for businesses, sole traders and freelancers -...



Headline News from PaymentsNews.com - May 22, 2017

Mon, 22 May 2017 06:08:33 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Technology Inequality - Center for Financial Inclusion - "Like many techno-wonders of our world, the services used in Kenya and many other countries operate through distinct technologies that must interconnect seamlessly to complete transactions securely. These layers include data transmission connectivity, the handsets themselves and their operating systems, and the technologies delivering MFS menus and commands. These systems are continually evolving, subject to market and technology forces that do not necessarily prioritize mobile money." EU executive...



Headline News from PaymentsNews.com - May 19, 2017

Fri, 19 May 2017 08:16:45 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Telegram now lets users buy things from chatbots in its messaging app - TechCrunch - "Telegram, which puts a focus on security, introduced chatbots nearly two years ago, and now it is bringing support for payments for chatbots. That’s likely to open up a whole series of commercial opportunities for companies that want to use the chatbot platform to connect with consumers. The most obvious is e-commerce, but real-life commerce through bots — for example, buy...



Headline News from PaymentsNews.com - May 18, 2017

Thu, 18 May 2017 05:16:46 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Alipay, WeChat Pay lead China finance app explosion - Mobile World Live - "Finance app downloads in China grew by 230 per cent during 2016, according to a new report from analytics company App Annie. Unsurprisingly, m-commerce giants Alipay and WeChat Pay drove growth in the country. App Annie said the two were now on par with each other in terms of engagement, and way ahead of the nearest app from a traditional finance provider." Square...



Headline News from PaymentsNews.com - May 17, 2017

Wed, 17 May 2017 07:35:31 -0700

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Apple Pay launches in Italy with support from UniCredit and Carrefour Banca - NFC World - "Apple Pay has begun rolling out across Italy with support for Mastercard and Visa cards issued by Carrefour Banca and UniCredit, with American Express, CartaBCC, ExpendiaSmart, Fineco Bank, Hype, Banca Mediolanum, N26 and Widiba listed as “coming this year”. The launch takes Apple Pay to a total of 16 markets globally." FinTech Alternatives to Short-Term Small-Dollar Credit: Helping Low-Income Working...