Bank of America’s P2P payments skyrocket through the Zelle app

By incorporating the Zelle banking app, Bank of America has already seen 163 million peer-to-peer (P2) client transactions in 2019. In 2018, 157 transactions were registered.

Amazon’s India head tells the country to slash e-commerce red tape

If India wants to revive its economy, then it should make it easier to sell things online, according to a top Amazon executive.

Meet the entrepreneurs behind Up, Australia’s first digital bank

Up launched in October 2018. However, the founder reveals it was far from clear that the company would ever see the light of day.

Check out the four African FinTech startups incubator MEST just invested in

The pan-African incubator MEST is one of the continent’s biggest tech hubs. It just unveiled its latest cohort of startups.

Another 12 FinTech startups coming out of Y Combinator this year

From automated background checks to cryptocurrency banks, Y Combinator’s second demo day for its latest batch presented a dozen new enterprises to look out for.

WhatsApp rumoured to eyeing the Indonesian e-commerce market

Facebook’s messaging service might be about to strengthen its position in the Asian payments market as WhatsApp is rumoured to be talking with Indonesian digital payment firms.

Revealing who Russian online shoppers are how they like to pay

More people are shopping online. But in Russia, not everyone is equally excited about internet retail.

Mobile payments app Pingit said to launch online store

Mobile payments application Pingit has reportedly launched an online store enabling consumers an easy way of buying payment accessories.

Why Australia is seeing a rise in challenger banks

Digital banks are on the rise Down Under. However, competing with the big four banks won’t be a walk in the park.

Currencycloud collects £10m grant to support cross-border payments

Cross-border payments provider Currencycloud has received a £10m grant to support SMEs as part of the Banking Competition Remedies (BCR) programme.

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