What was trending in payments industry news this week? We've got a roundup of valuable newsbriefs from China and India to keep you current. ...
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Paytm
According to Salesforce, 31% of millennials use mobile as their primary banking option, followed by 51% of Gen-X and 40% of baby boomers using a combination of mobile and banking. More news ahead from PaymentsNEXT. ...
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We're highlighting fintech and other disruptors impacting the payments and financial services industries from the EU and US to Brazil and SE Asia including Adyen, Alipay, WeChat Pay, Infibeam, MercadoLibre and Cashbasha. ...
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A roundup of the latest payments industry news from across the US and around the world including Dodd-Frank, Amazon, Alibaba, Samsung, Rakuten and Klarna. ...
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Alibaba's Ant Financial Services Group took a big step in its global growth strategy by acquiring US-based MoneyGram for $880 million. ...
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India could eliminate all payment cards and ATMs, and switch completely to biometric payments as early as 2020. Imagine the innovation and potential disruption? ...
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Wall Street Clearinghouse announced it will adopt bitcoin technology to track its transactions. PaymentsSource says e-commerce and payments will be deeply impacted by "Uberization" of the industry. ...
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International Data Corporation says worldwide mobile payments will exceed US $1 trillion by 2020 from US$ 500 billion in 2015, stimulated partly by non-bank financial apps. ...
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iResearch says China’s 2016 mobile payments market was worth $2.8 trillion vs $62.5 billion in the US in 2017. WeChat (owned by Tencent) has 768 million app users, up 35% in one year. ...
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