15 March 2018 | Mobile commerce | Mobile payments | News | Payments

UnionPay International has introduced its UnionPay International Mobile Payment Service (UMPS) enabling commercial banks, retailers, manufacturers of mobile devices and other third party organizations located outside mainland China to access an array of UnionPay mobile payment services, including UnionPay mobile QuickPass and UnionPay QR code payment using its open API.

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13 March 2018 | Mobile commerce | Mobile payments | News | Payments

Ant Financial is looking for further expansion into global markets and wants to anchor its presence in Pakistan through the purchase of a 45% stake in Telenor Microfinance Bank (TMB), a mobile financial services startup owned by Telenor, a Norwegian telecommunications company. According to the reports, under the terms of the deal Ant Financial will pay the price of $184.5 million for the 45% ownership of the startup.

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12 March 2018 | Financial fraud and hacking | News | Payment gateways | Payments

Capital One announced the introduction of a new feature into its chatbot Eno enabling customers to order the issue of virtual numbers for their existing credit cards to protect their online shopping experience against identity theft and other cases of fraud resulting in data breach.

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28 February 2018 | News | Payment gateways | Payments | Regulatory news

A settlement has been reached between the Federal Trade Commission and PayPal over violations committed by PayPal’s subsidiary Venmo, which misled consumers over the procedure for processing the user transactions and the privacy of their information.

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27 February 2018 | Blockchain techs | Cryptocurrency | News | Payments

Zensoft, an Indian testing automation services and software provider, announced strategic partnership with OPEN, a blockchain payments infrastructure provider, to implement its solutions for accepting cryptocurrency payments from its customers.

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