UPI Lite from Paytm will allow faster payments without PIN code
Indian fintech Paytm Payments Bank Limited (PPBL) will be the first Indian bank to integrate UPI Lite functionality. This initiative is expected ...
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PhonePe raises $100 million for a $12 billion valuation
Indian digital payments company PhonePe has raised an additional $100 million in an ongoing round. A new round of funding gives it another $450m ...
Google introduces innovations in fraud detection for UPI
At its annual Google for India event, the US company announced several new initiatives to keep users safe online. As more and more people in Indi...
Google adopts Tap to Pay to facilitate payment in India
Google has just developed a new Google Pay feature, in partnership with Indian terminal operator Pine Labs in India. The latter will allow users ...
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...
WalletsClub wants to end wallet silos
FACTS Make all the wallets on the market interoperable and end the segmentation of offers. This is the challenge that WalletsClub has set itse...
Xiaomi Rolls Out Consumer Lending Offer in India
FACTS Mi Credit by the Chinese smartphone maker Xiaomi was presented in May 2018 and will soon be made operational in India.
Lovys Consolidates their Home Insurance Offers
FACTS Lovys used to focus on on-demand insurance for smartphones and flats. They now intend to address non-owner-occupied homes and goods. ...
News in Brief – January 2019
Players’ Strategy INTERNATIONAL – nexo (international standard for accepting cross-border card payments) kept making progress and attracted...
Instant Digital Lending Services Expanded by ICICI Bank
ICICI Bank launches an instant digital lending service called PayLater for small ticket transactions online and in-store. This invite-only servic...
News in Brief – September 2018
Players’ Strategy UNITED STATES – According to Bloomberg, Google and Mastercard would have entered a partnership last year on tracking card...
News in Brief – August 2018
Players’ Strategy FRANCE – HiPay releases their results for H1 2018, reporting €13 million turnover (+12%) and €1.3 billion processed trans...
News in Brief – June 2018
Players’ Strategy INDIA – The Indian manufacturer of retail POS solution Pine Labs announces a $125 million founding round from PayPal and ...
WhatsApp Launches Beta P2P Payment Service in India
This Facebook subsidiary is testing a new P2P payment feature for their messaging app. Through this program, currently in Beta, WhatsApp aims to ...
BdF and CDC Creating “Victoires Paiements”
Banque de France and Caisse des Dépôts are about to create an Economic Interest Grouping (GIE) dedicated to retail means of payments and gatherin...
Preoccupied Cardholders Fighting for Enhanced Protection
US consumers are turning to the Consumer Financial Protection Bureau to try and fight for improved prepaid card accounts guaranties and protectio...
American Customers Preoccupied by online Fraud
ThreatMetrix and the Ponemon Institute have released a joint study (Mobile Payments & Online Shopping Survey of US Consumers) conducted with ...
Securing Mobile Phones
The security of mobile phones, and other smartphones, now preoccupies players who want to protect these new multitask devices. During the RSA Con...
