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Hypur To Offer Digital Payments For Cannabis Firms With CU Partnership

PYMNTS

The collaboration builds on Hypur’s extensive network of financial institutions (FIs), according to an announcement. . Hypur will bolster Salal’s network of cannabis retailers and wholesalers via different digital payment offerings.

Payments 181
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Robinhood Faces Another Service Interruption Due To Technical Issue

PYMNTS

The financial technology company is regarded for helping to make trading in vogue with millennials, Reuters reported. “We Robinhood was at the heart of a recent increase in day trading, with retail investors stuck in their residences because of pandemic restrictions.

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Galileo, Plaid Integrate To Streamline ACH Transfers

PYMNTS

The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Last month, Galileo launched what it called a faster and less expensive way to create debit cards.

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Tencent, UnionPay Agree On QR Code Standard To Streamline Mobile Payments

PYMNTS

The collaboration will let consumers of UnionPay’s popular QuickPass app make financial payments utilizing the same technology (QR codes) that Tencent’s WeChat Pay platform also uses. Ant Financial’s Alipay and other brands owned by Tencent currently dominate China’s mobile financial payment digital market.

Mobile 112
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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya. Smartphones contributed one trillion dollars to overall retail sales in the United States during 2018.

Apple 159
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Meet Our 2023 FICO Decisions Awards Judges

FICO

Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker. With over 19 years’ experience, she specializes in banking, technology and fintech developments across Asia Pacific, Middle East and Africa. Douglas Blakey, editor, Retail Banker International.

Meeting 52
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Innovation on Display: The 2017 Ford GT and FIS Connect 2017

Celent Banking

As sharp-eyed Celent retail banking subscribers know, I'm an avid collector of good analogies. I like analogies because they can inject simplicity into the most complex discussions of financial technology, and make abstract concepts become more concrete and accessible to the casual fan of technology.