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Daily news, E-Money, Facebook, Facebook Pay, Mobile payments, Mobile Remittance, Mobile Wallet, P2P -

Facebook is consolidating its payment processing for Facebook, Messenger, Instagram and WhatsApp into one brand called Facebook Pay. Deb Liu, Facebook’s VP of marketplace and commerce, says that the singular brand... more

The post Facebook Pay: Social giant moves to consolidate fragmented payments platforms appeared first on Payments Cards & Mobile.

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Daily news, FinTech, Mobile Banking, Mobile Remittance, Mobile Wallet, Open Banking, P2P, PSD2, Regulation, The World Retail Banking Report 2019 -

Within today’s connected, digital environment, bank executives realise that customer satisfaction standards must stack up not only to those of other firms providing financial services, but also with non-industry businesses... more

The post Summary: The World Retail Banking Report 2019 appeared first on Payments Cards & Mobile.

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cross-border payment, Daily news, E-Money, Finablr, Mobile payments, Mobile Remittance, Mobile Wallet, Money Transfer, P2P, P2P payments, Samsung Pay -

Finablr and Samsung have introduced the Money Transfer feature in Samsung Pay. This new in-app international money transfer service, a first of its kind in the US, offers users seamless... more

The post Samsung Pay announce cross-border mobile payments appeared first on Payments Cards & Mobile.

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Chinese payments licence, Daily news, E-Commerce, E-Money, Issuing & Acquiring, Mobile payments, Mobile Remittance, Mobile Wallet, P2P, payments licence in China, PayPal, Regulation -

PayPal has beaten off competition for payments giants Visa and Mastercard to become the first foreign company to acquire a payments licence in China. PayPal obtained the license through the... more

The post PayPal beats off Visa and Mastercard to obtain first Chinese payments licence appeared first on Payments Cards & Mobile.

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Alternative Payments (APMs), Daily news, E-Money, Instant Payments, Issuing & Acquiring, Mobile payments, Mobile Remittance, Mobile Wallet, Open Banking, P2P, payment profitability, payment transformation, Real-Time Payments -

Based on a global survey of senior executives at the world’s top-tier banks, a new report from Aite, reveals that high costs, low margins and increasingly commoditised business models are... more

The post 65% of banks struggling with payment profitability appeared first on Payments Cards & Mobile.

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