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Dec 21 Global payments news roundup

payments trends
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Welcome to our final global payments news roundup for the year. We’ll be taking a Christmas break and back with you in January. Meanwhile, here’s the best of ...
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Nov 9 Global payments news roundup

global payments news
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Here’s the global payments news that got our attention this week, curated and provided for your weekend reading. Look for plenty of pre-Black Friday and holiday sales data ...
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Retailer H&M invests in payments firm Klarna

H&M invests $20 million in Klarna
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In an unusual deal, Swedish-headquartered fast fashion retailer H&M invested $20 million to acquire under 1% of online payments firm Klarna. H&M will implement Klarna’s payments platform in ...
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Walmart-owned Flipkart launches instant credit for Indian consumers

Flipkart launches cardless credit in India
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India’s leading online shopping site Flipkart, now 77% owned by Walmart, launched a cashless credit program that will give shoppers access to an instant credit line of up ...
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Regtech compliance disruption growing; spending will reach $115.9 billion

US noncompliance regulatory costs
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Along with the disruption in the financial market by technology are the growing burdens of compliance and its impact on the financial industry. A new whitepaper from Juniper ...
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Google Pay offers Indian consumers loans within its mobile app

Google Pay now offers Indian consumers loans
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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 ...
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UK check clearing will get a new image makeover

UK check payments
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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 ...
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Safelite launches same-day car insurance payment claims service

Safelite insurance claims payments
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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 ...
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Payments industry news roundup from around the world

global payments news
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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 ...
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Are banks disconnecting from mobile banking customers?

banks fail mobile customers
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A new report from Javelin Strategy & Research suggests banks may be failing to pivot fast enough to keep up with the changing demands of consumers for mobile ...
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