BayPay Members Blogs

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Revolut launches public beta in Australia


June 13, 2019 Revolut, the London-based mobile challenger bank, announced the launch of a public beta in Australia, part of the company's long anticipated international expansion, according to a new blogpost...
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Digital ordering is bigger business than delivery

June 12, 2019 Delivery seems to be the darling of the industry these days, but digital ordering is even more important, according to The NPD Group. It found that delivery —...
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Obligo enters deal with real estate firm Common to bypass security deposits


June 12, 2019 Common, a residential real estate firm in six major U.S. markets, announced a partnership with fintech company Obligo on a digital screening and payment service that allows renters in...
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Citibank launches co-branded credit card with Southest Asian payment, transport app Grab

June 12, 2019 Citibank entered a partnership with Grab, the leading Southeast Asian ride sharing, food delivery and mobile wallet app, on a co-branded credit card that is launching immediately in...
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Alipay enters new fan engagement, digital ticketing pact with UEFA


June 12, 2019 The Union of European Football Associations said it entered a new partnership with Chinese mobile payment platform Alipay to offer enhanced fan engagement and digital ticketing capabilities. UEFA will...
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Chase launches co-branded Marriott Bonvoy rewards card with tap-and-go function


June 11, 2019 JPMorgan Chase & Co. has entered an agreement with Marriott International on a co-branded rewards card called the Marriott Bonvoy Bold credit card, which charges no annual fee and...
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Brex raises $100 million in equity led by Kleiner Perkins

June 11, 2019 Brex, a San Francisco-based startup that provides corporate payment technology for businesses, raised $100 million in a funding round led by Kleiner Perkins Digital Growth Fund, according to...
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Will tech giants like Facebook, Google take over blockchain?

Blockchain is rapidly advancing in all spaces. Facebook has been expanding its blockchain initiatives by hiring on staff from cryptocurrency companies and even developing its own cryptocurrency called GlobalCoin . Google...
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Amazon launches co-branded credit card with Synchrony for the underbanked


June 11, 2019 Amazon has launched a co-branded credit card with Synchrony Financial, called Amazon Credit Builder, aimed at providing access to underbanked consumers who normally would not qualify for traditional credit...
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Visa to develop blockchain solution for cross border transactions

June 11, 2019 Visa recently announced it will be entering the $125 trillion market of cross-border business-to-business transactions with blockchain technology. Its B2B Connect product stores information on a distributed ledger...
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SpotOn Transact raises $40M in funding

June 11, 2019 SpotOn Transact LLC, a San Francisco-based payments startup, has raised $40 million in funding led by Franklin Templeton along with Dragoneer Investment Group, according to a news release....
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Target now hiring blockchain engineer for supply chain management.

June 11, 2019 The retailer Target is now hiring a blockchain engineer specifically to work on its open source ConsenSource certification registry and its HyperLedger Grid project, a supply chain middleware...
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Australian fintech Verrency raises $6.9 million in Series A funding

June 11, 2019 Verrency, an Australian fintech that helps banks upgrade their payments technology, has raised $6.96 million (AUD $10 million) in Series A funding, according to a press release. The...
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Juniper Research study sees mobile wallet use reaching 4 billion users by 2024

June 11, 2019 Juniper Research issued a new report that estimates mobile wallet use will surge to 4 billion users by the year 2024 from the current estimates of 2.3 billion...
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Juniper says digital remittances to surge to $525 billion by 2014, aided by blockchain

June 10, 2019 Juniper Research issued a new forecast stating that international digital remittances will surge to $525 billion by 2024, compared with an estimated $332 billion in 2019. The report...
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Alipay collaborates with six European mobile wallets on QR code interoperability


June 10, 2019 Alipay announced agreements with six European mobile wallet providers in a collaboration designed to promote interoperability in the use of QR codes for digital payments. The six mobile...
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Utrust signs with Portugal soccer champs SL Benfica for crypto payment acceptance


June 10, 2019 Utrust, a Switzerland-based cryptocurrency startup, entered an agreement with Portugese soccer champions S.L. Benfica to become the first major European club in the sport to accept crypto payments....
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Discover enters alliance with Bulgaria's Borica AD on payment card acceptance

June 10, 2019 Borica AD, the owner of Bcard, the national payment system in Bulgaria, announced an agreement with Discover Financial Services to provide acceptance of the card outside of the country...
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Walmart to roll out InHome Delivery for groceries in 3 US markets


June 7, 2019 Walmart announced it will rollout its long anticipated home delivery service where it will send online grocery orders and put them directly in a customer’s refrigerator. Under the...
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US, China trade dispute may impact mobile payments as luxury sales take hit

The U.S. trade dispute with China may be seeping into the mobile payments arena, as major brands begin to report lower spending from the critical market of inbound tourists from that...
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