Azimo closes on $20 million funding to drive profitability quest

London-based money transfer outfit Azimo has closed a $20m Series C investment round led by Japan's Rakuten Capital. Investors e.ventures, Frog Capital, GR Capital Partners, Greycroft Partners, MCI, Quona Capital...
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Payworks wins CyberSource gig with Visa

Payment technology company, Payworks, announced today its collaboration with Visa to integrate Payworks’ payment technology into the CyberSource payment management platform to enable an integrated Point of Sale solution and...
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Bred selects Worldline for instant payments

BRED has selected CRISTAL Instant Payments licensed software package from Worldline [Euronext: WLN], the European market leader in payment and transaction services, for the implementation of its Instant Payment platform....
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Telia Norway launches Google Play carrier billing with Fortumo

The mobile operator Telia Norway (part of Telia Group) and the mobile technology company Fortumo are today launching direct carrier billing for Google Play. More than 2 million Telia Norway...
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Plutus launches NFC-enabled app for cryptocurrency at the POS

Cryptocurrencies are steadily gaining popularity, but the real challenge remains how to convince merchants to accept them. It’s estimated that fewer than 0.1% of the world’s stores accept Bitcoin because...
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UK digital challengers beating high street banks on customer satisfaction

Britain’s challenger banks are outperforming incumbents when it comes to overall customer satisfaction, according to research from vendor FIS. In a survey of more than 1000 Brits, 76% of digital-first...
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London pushes contactless payments for busking

London has enlisted iZettle for a contactless payments system that enables the city's buskers to accept money from cashless fans. Following a successful trial, London mayor Sadiq Khan, iZettle, and...
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EMVCo creates QR payments mark

EMVCo, the global technical body that manages the EMV® Specifications, has created a QR Payment Mark to promote global interoperability across EMV QR Code payments. EMVCo has developed reproduction requirements...
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Bank-backed Oz P2P payments app Beem It launches

Beem It, a person-to-person mobile payments app backed by Commonwealth Bank, National Bank of Australia and Westpac, has launched. The app will enable Aussies with Android and iOS handsets to...
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G+D Mobile Security and Worldline team in Industrial IoT security

G+D Mobile Security announced that it signed a Memorandum of Understanding with Worldline, the European leader in payments and transactional services, to cooperate in the field of Industrial IoT (IIoT)...
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Student develops contactless tipping system for buskers


The times, they are a changing. With fewer people carrying cash, a British university student has developed a system that lets buskers accept contactless payments. Developed by Brunel University London...
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Adobe to Acquire Magento Commerce


The acquisition brings the commerce platform to Adobe Experience Cloud. Learn the details. Original link
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Best Buy Subscribes to Shopper Services, Should You?


Best Buy is focusing on adding "services initiatives" to not only sell more product, but ease the shopper journey and build deeper customer relationships. What does this mean for retailers...
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Nordea takes a caning over delivery of EUR500 notes to foreign exchange bureaux

On Thursday 24 May Operation X, a programme broadcast by the Danish television channel TV2, will put the spotlight on Nordea’s role in delivering foreign exchange to foreign exchange bureaux....
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Nordea takes a caning over delivery EUR500 notes to foreign exchange bureaux

On Thursday 24 May Operation X, a programme broadcast by the Danish television channel TV2, will put the spotlight on Nordea’s role in delivering foreign exchange to foreign exchange bureaux....
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PayPal and Google bind payment rails

PayPal and Google are extending their relationship across the search giant's entire ecosystem, including Gmail, YouTube, Google Pay and Google Store. The deeper integration between the two companies will enable...
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Cashless promoter tappit to open offices in Emea, US and Australia

tappit, a leading cashless experience specialist for sports events, festivals and other global entertainment venues, today announced it is opening four new offices as a part of its global expansion....
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European payments chiefs to gather in Munich for EBAday2018

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the thirteenth annual EBAday,...
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SIA buys First Data card processing biz in central and southeastern Europe

SIA, a European high-tech leader in payment infrastructure and services, and First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology, have signed an agreement for SIA to acquire...
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Bankers grumble about Big Tech threat

Big Tech's interest in financial services is once again coming under the microscope, with both a top Federal Reserve staffer and senior European bankers voicing concerns that the likes of...
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