Samsung Pay becomes available for customers in the UK starting May 16, two years after the service was first introduced in 2015.
The new payment platform, which is set to be launched across France later this week, will allow users to make purchases using their mobile phones.
The new fintech body is aimed at improving financial research, coordination and planning, China’s central bank announced on its website on Monday.
The regulatory bodies aim to foster financial innovation through a partnership that will support fintech startups seeking to grow their businesses.
Ant Financial, the operator of Alipay, is expanding its mobile payments platform into the United States market, following limited trials in California and New York.
Online payments giant is adding Venmo as a new payment option and is planning for more partnerships with companies across multiple sectors.
The UK’s leading bank has announced the opening of the new innovation site in London, which is set to be the largest financial technology centre in Europe.
Apple users will soon be able to transfer money to other people, as the company is reportedly going to launch a new peer-to-peer payment feature later this year.
Android Pay users in the US will soon be able to make payments with their PayPal balances at thousands of new retailers, including Walgreens, Dunkin’ Donuts and Subway.
Ant Financial is set to bring mobile payments technology to customers in Indonesia via a new partnership with major local media company Emtek.
The UK’s central bank has developed its own Proof of Concept ledger and will make the next version of its interbank payments system compatible with settlement in a distributed ledger.
With the new payments functionality, the social media networking giant will enable Messenger users to send funds to several members of the group chat.
Offering Apple Pay as a payment method in the US and later to the UK, Western Union allows customers to conveniently and reliably transfer money whenever they want.
The cooperation will allow the increasing number of Chinese travelers in the UK to purchase goods and services via the WeChat Pay application on their mobile phones.
The company not only described the potential use cases of the blockchain technology for banks, but also identified the main issues impeding its wider adoption in the sector.