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Mumbai Bus Operator To Test India’s National Transit Card

PYMNTS

India’s One Nation One Card will be test-piloted with Mumbai bus operator BEST in November, NFCWorld reported on Tuesday (Aug. The national transit card system uses a bank-issued card that will run on India’s RuPay payments network, the news outlet said. The pilot is to see how the system would work.

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China Tests Facial Recognition Subway Payment

PYMNTS

A subway operator in Shenzhen, China is testing facial recognition software, powered by a 5G network, to pay for entry, according to reports. The face would be linked to a payment account, although whether the technology will work for similar faces or twins is not known.

Metro 158
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Scottsdale Community Bank: Making microloans

Independent Banker

embraces a combination of the latest technology and traditional beliefs about finance and business growth. The technology it uses allows it to maximize efficiency while minimizing costs in its operations. Besides using the latest technology, Scottsdale Community Bank relies on truly personal service.

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Apple Pay’s Latitudinal Reach

PYMNTS

Many of Sberbank clients actively use new technologies, and an increasing number of them will prefer cash-free and contactless payment using their smartphones.” Apple Pay is now supported by 22 banks after adding The Co-operative Bank and Metro Bank earlier this month, and Apple Pay is now available in the U.K. In the U.K.,

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Banco BASE Taps Volante For Payments; Azimo Receives Dutch Central Bank License

PYMNTS

Coverage includes Mexico ‘s Banco BASE selecting Volante Technologies Inc. Azimo says it has received a license from the Dutch Central Bank to operate in the Netherlands, Cubic Transportation Systems has notched a contract for a mobile ticketing system in Ireland , and Bear Market Coffee in Ireland has gone cashless.

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Top UK Lenders Launch SMB Branch Joint Venture

PYMNTS

Alternative lenders position themselves as faster, technologically-savvy options for small to medium-size businesses (SMBs) that seek capital, while many of the FinServ providers in the running for RBS funds operate as digital-first companies ready to meet small firms’ need for automation, online platforms and cutting-edge banking services.

Metro 139
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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

PYMNTS

Since then, Shipt has grown from its 1,000-person initial offering to ship to customers in 27 metro areas and nine states, with its rapid expansion mainly powered by word of mouth from satisfied customers. Under CEO Bill Smith’s leadership, Shipt has quickly become a nationally recognized company in the home grocery delivery space.

Google 100