DBS offers banking services on the Blockchain
Singapore's DBS bank recently lifted the veil on its latest innovative initiative. It presents a range of Blockchain-based banking services to it...
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BNP Paribas and Ant International sign a new series of partnerships
BNP Paribas bank and Ant International financial group have announced a series of collaborations in Europe with the aim of offering merchants inn...
Payment insight February 2024
Highlights of the month
In brief: Alipay cracks under pressure from China
The Chinese state is tightening its grip on the FinTech Alibaba. Its financial subsidiary Ant Group is particularly targeted. To better control i...
Alibaba even sells NFTs
The Chinese e-commerce giant Alibaba has just announced the launch of its NFT sales platform which will facilitate the sale and purchase of Non T...
Swift improves its international payments system
SWIFT today announced a service that will allow banks to verify beneficiaries' account details before sending an international payment, elimi...
PAYTM files for IPO in India
India's number 1 mobile payment service provider, Paytm, is reportedly preparing for an IPO. This IPO (Initial Public Offering) would represe...
Payments News in Brief – November 2019
Players’ Strategy CHINA – Wirecard sets to acquire all shares in Allscore Payments Services. This agreement, amounting to €72.4 million, gi...
Tencent Selling Loans through Video-Streaming Platform
FACTS WeBank, digital bank by Tencent, introduces a new lending offer available from their video-streaming platform.
Alipay Aims for 10 Million Merchants in Europe
FACTS During the Global Summit held in London, Alibaba’s payment platform unveiled their strategic plan to European merchants.
American Express Compatible with all POS Terminals in France
FACTS The American card scheme AmEx teams up with FrenchSys, subsidiary of Cartes Bancaires “CB”.
WeChat Pay Makes Plans for an Instalment Option
FACTS Tencent would be planning to add an instalment service in China by the end of the year. This option, called “Fen Fu” for now, should...
Videos Assisting Damage Claim Procedures
FACTS American Modern Insurance Group (Amig) unveils a mobile solution for damage claims making room for a video-based assistance process. ...
News in Brief – May 2019
Players’ Strategy FRANCE – Nickel claims 4,800 agents (1 in 5 newsagents) or 60% increase year-over-year. Goal: attract 10,000 agents by 20...
News in Brief – January 2019
Players’ Strategy INTERNATIONAL – nexo (international standard for accepting cross-border card payments) kept making progress and attracted...
WeChat Pay Values Data Analytics for Credit Scoring
Photo credits: TechNode FACTS The Chinese telecom leader Tencent recently started testing WeChat Pay Points: a new scoring tool using da...
Alipay Gains Ground in France
FACTS The Chinese e-payment giant Alipay partners with Natixis (BPCE group).
News in Brief – November 2018
Players’ strategy INTERNATIONAL – N26 is now available in Denmark, Norway, Sweden and Poland. Launched in 2013 in Germany, they keep focusi...
Financial Technologies: a New Brand for Ant Financial
After a $14 billion funding round, Alibaba’s financial arm introduced a new brand focusing on financial technologies. As part of their strategic ...
JD.com Investigates Blockchain-as-a-Service
Just a few months after they launched a Blockchain and AI-dedicated start-up accelerator, the number 2 e-commerce specialist in China JD.com intr...
