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Mexico And Amazon Reportedly Collaborating On Mobile Payments System

PYMNTS

The Mexican central bank and Amazon are in talks to introduce a government-approved mobile payment system, according to reports. The system would involve users paying for online purchases using QR codes, and it would be the first time Amazon offered the technology in the country. The beta is scheduled to be released this month.

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

PYMNTS

Caixin Global reports that Chinese mobile transaction company Tencent has decided to combine part of its authentication software with government-owned rival UnionPay. Tencent and UnionPay’s working together will enable multiple retailers to interface with a greater number of mobile payment apps without displaying multiple QR codes.

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Distributed Ledgers Expected to be Most Prominent Financial Technology in 2019, Poll Finds

Bank Innovation

Distributed ledger technology will be crucial to innovation in digital banking this year, according to a poll conducted by Bank Innovation. For the December poll, Bank Innovation asked readers to name a technology, aside from the obvious - artificial intelligence, that would be most prominent in 2019.

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How Technology Impacts the Three Most Important Moments in Retail

Let's Talk Payments

In modern tech-influenced retail, there are only three moments that matter and all of them have been redefined by financial technology companies. While mobile has been steadily taking over the.

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VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups

PYMNTS

Axios Media , mobile games publisher Scopely and the Gwyneth Paltrow-started lifestyle startup Goop are all among Greycroft's existing profile. The firm plans to invest $310 million in early-stage startups and $370 million in growth-stage startups, the report stated.

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Phone becomes a throw-in for mobile wallet app in South Africa

Payments Source

MyBucks plans to give away entry-level smartphones, loaded with the company's financial technology, to encourage mobile payments, mobile banking and broader access to digital services in Africa, where financial innovation often moves quickly.

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Getting Mobile Ready

Independent Banker

Finding the right place, at the right pace in a volatile and uncertain mobile marketplace. Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies.

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