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Payments & Remittances

Pharmacy group CVS launches own mobile pay app

US pharmacy chain operator CVS has rolled out a new mobile payment solution for customers in-store and online.

Global Reach Partners scoops up FC Exchange

London-based money transfer service FC Exchange is being acquired by Global Reach Partners (GRP) in an undisclosed deal.

Square loses general counsel Dana Wagner

Square’s general counsel Dana Wagner is stepping down from his role at the end of September after five years at the payments firm.

Mozido brings mobile wallet to Taiwanese banking consortium

Taiwan’s banks are taking another step towards creating a cashless society and partnering with mobile payments provider Mozido to adopt its HCE technology.

POS market to nearly triple on skyrocketing mobile demand

The global market for retail point-of-sale (POS) terminals is projected to shoot up to $33.4bn in the next five years as mobile payments are overtaking the sector.

Visa and Barclaycard kit out Team BG with payment wearables

For the Rio Olympics, Visa and Barclaycard are working together to provide all 366 British athletes with wearable payments bands.

Ding enters French mobile top-up market with Transfert Crédit buy

Global mobile top-up group Ding has gobbled up smaller sector player Transfert Crédit getting access to the French market.

MasterCard launches payments service for Chinese students

MasterCard is making it easier for Chinese users to pay for tuition and other costs in the US through a new partnership with online payments service Plastiq.

Tilt takes on Venmo with peer-to-peer payments

Tilt, a group crowdfunding app, is expanding into peer-to-peer payments to meet user demand.

Alipay preparing to enter Europe

Alipay, the online and mobile payments service operated by Alibaba subsidiary Ant Financial, is expanding into Europe.

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