Google and four Indian banks will offer Indian consumers instant loans in the ultracompetitive $1 trillion Indian digital financial market. According to a Bloomberg report, “HDFC Bank Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, and Federal Bank Ltd to offer instant, pre-approved loans to customers right within Google Pay ...
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Fintech
Fintech
It’s very surprising the check clearing system in the UK has not kept pace with new technologies in most other markets around the world. By the end of this year, UK financial institutions will all finally adopt a new image-clearing system that replaces a traditional ...
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Instead of taking days or weeks to pay out non-glass insurance claims, a new service from Safelite Solutions and Ingo Money could pay accident claimants within hours. Safelite Solutions SVP of Strategic Client Sales & Support Jon Cardi said in a PYMNTS.com interview, “This is ...
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Despite the hype and estimates that voice shopping could reach $40 billion in annual sales within several years, research shows that consumers simply aren’t sending off their orders via Google Home and Alexa yet. A report by tech newsletter The Information shows that only about ...
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Forget free shipping and other online shopping incentives. Walmart and Waymo are partnering to test free, driverless vehicle rides to take customers to Walmart stores to pick up groceries. The pilot program in Phoenix, lets customers order their groceries on Walmart.com and then get a ...
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Our newsletter this week has a feature report on dating site Ashley Madison” unique gift card payments program designed to protect client anonymity. As well, we look at Berlin fintech solarisBank’s launch of online banking services for cryptocurrency businesses and consumers. Finally, we got our ...
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Here are the payments industry news stories we’re reading this week along with the payments trends and innovations we’re watching from around the world. PayPal and Temasek invest $125m in India’s Pine Labs PayPal’s shopping spree continues as the US behemoth makes its third investment ...
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PayPal just moved the meter in the payments world with its acquisition of mobile payments provider iZettle for $2.2 billion in an all cash deal. iZettle, the Swedish payments fintech, had planned to raise $227 million on the Stockholm Nasdaq exchange in an IPO valuing ...
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Our Friday newsletter has an in-depth profile of Facebook’s new cryptocurrency and blockchain technology plans as well as our usual extensive Friday payments news roundup. Facebook Gets Serious About Payments, Cryptocurrency When Facebook announced a small cryptocurrency development SWAT team earlier this week, it wasn’t ...
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It’s the end of the week and time for an e-commerce and payments news roundup from around the globe. What a busy week it’s been in the payments industry as you’ll see in this list of stories. Visa Rises on International Success For the quarter, ...
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