One of South Korea’s first digital-only banks signs up more than one million account holders in its first few days surpassing another online-only K-Bank.
The London-based financial technology startup will enable customers in the United States to transfer money via its platform using Apple Pay.
Curve provides one card that can aggregate all of their existing Mastercard and Visa payment cards and lets you retroactively switch the card you use to pay.
World-first, patent-pending technology means people can switch bank card used for a transaction, up to two weeks after buying something, with just a tap.
The annual FinTech50 list of European most prosperous fintech companies has been published with the UK obviously dominating the rundown.
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.
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.
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.
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.
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.
WeChat Pay, a mobile payment service on WeChat Chinese messaging app partners with payments solution provider Tramonex to further enhance their mobile wallet functionality, WeChat Pay.
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.