Square’s Cash App Enables Direct Deposit; Stripe acquires POS Startup Company Index: News Roundup

Payments
Square’s Cash App Enables Direct Deposit; Stripe acquires POS Startup Company Index: News Roundup
Payment Facilitator
Square’s Cash App Enables Direct Deposit; Stripe acquires POS Startup Company Index: News Roundup
Global brand Square moves one step closer to offering full-fledged banking services while Stripe acquires POS startup Index. And in other news, Mastercard completes its acquisition of Oltio and EverCompliant secures investment from American Express.

Yahoo Japan Deploys Apstra

Networks
Yahoo Japan Deploys Apstra
Apstra Blog
Yahoo Japan Deploys Apstra

Solving customer problems is our top priority at Apstra®. We live and breathe our customers and customer success is a goal we’re extremely passionate about. Apstra has generated revenue globally since 2016, and while we have hundreds of nodes in production it is with excitement and pride that we share today a very special customer case study: Yahoo Japan Corporation .

WeTravel on a Trek to Easier Payments for Travel Businesses

Payments
WeTravel on a Trek to Easier Payments for Travel Businesses
Payment Facilitator
WeTravel on a Trek to Easier Payments for Travel Businesses
For organizers of group travel, payments platforms that were built for selling products just don’t always cut it. Seeing the opportunity to turn manual processes into something much simpler, the founders of WeTravel have created an online payments system that serves the specific needs of travel organizers and small and medium-sized B2B travel companies.

Ingenico Responds to Market Need for Mobile PIN Acceptance

Payments
Ingenico Responds to Market Need for Mobile PIN Acceptance
Payment Facilitator
Ingenico Responds to Market Need for Mobile PIN Acceptance
Mobile PIN acceptance has been touted as a significant benefit for micromerchants due to its convenience and affordability. And now, with a new innovation from Ingenico, it’s clear that companies are starting to respond to this need with solutions.

PFs Attract Investment Dollars with Faster Onboarding, Better Client Experience

Payments
PFs Attract Investment Dollars with Faster Onboarding, Better Client Experience
Payment Facilitator
PFs Attract Investment Dollars with Faster Onboarding, Better Client Experience
An analysis released by Accenture last week indicates that 2017 was a record year for global investment in financial technology, which rose 18 percent to a total of US$27.4 billion. In the U.S., the firm said, most of the investment went to lending and payments startups – collectively accounting for 60 percent of the country’s total.

Mastercard Launches QR Bot to Facilitate Push Towards Cashless; TouchBistro and WePay Team up on Payments Innovation for Restaurants: News Roundup

Payments
Mastercard Launches QR Bot to Facilitate Push Towards Cashless; TouchBistro and WePay Team up on Payments Innovation for Restaurants: News Roundup
Payment Facilitator
Mastercard Launches QR Bot to Facilitate Push Towards Cashless; TouchBistro and WePay Team up on Payments Innovation for Restaurants: News Roundup
Mastercard launches a QR bot to facilitate the push towards cashless and TouchBistro and WePay team up on payments innovation for restaurants. In other news, PayPal retires two in-store payment services and some Nigerian banks are turning to fintechs to manage their payments services.

2017 Q4 Earnings Show Growth for Square, Shopify and Several PFs

Payments
2017 Q4 Earnings Show Growth for Square, Shopify and Several PFs
Payment Facilitator
2017 Q4 Earnings Show Growth for Square, Shopify and Several PFs
Many companies have now released fourth quarter earnings for 2017 and everyone from Square and Shopify to Blackbaud and RealPage are reporting growth both quarterly and annually. The payment facilitator model, again, proves to be a lucrative business opportunity and with the continuous growth and momentum that digital technology brings to the payments ecosystem, 2018 is expected to follow suit.

India’s Central Bank Tightens KYC Requirements for Some Payments Banks

Payments
India’s Central Bank Tightens KYC Requirements for Some Payments Banks
Payment Facilitator
India’s Central Bank Tightens KYC Requirements for Some Payments Banks
The growth of digital payments has led to non-bank entities stepping deeper into financial services. But at least one authority has demonstrated that it will tighten requirements on these non-traditional entities if needed, based on how they’re conducting their financial services business.

Countries Across Asia Are Ready for Digital Payments. But Are Their Small Businesses and Consumers?

Payments
Countries Across Asia Are Ready for Digital Payments. But Are Their Small Businesses and Consumers?
Payment Facilitator
Countries Across Asia Are Ready for Digital Payments. But Are Their Small Businesses and Consumers?
Conditions across Asia are ripe for a surge in digital transaction growth. Factors such as the population’s reliance on cash and high penetration of mobile devices – along with the support of government – are thought to create a significant opportunity for technological advances making electronic payments simpler to take root.

Britain Expected to Reach “Peak Cash” in 2018; U.S. Counterfeit Fraud Drops 70% Thanks to EMV: News Roundup

Payments
Britain Expected to Reach “Peak Cash” in 2018; U.S. Counterfeit Fraud Drops 70% Thanks to EMV: News Roundup
Payment Facilitator
Britain Expected to Reach “Peak Cash” in 2018; U.S. Counterfeit Fraud Drops 70% Thanks to EMV: News Roundup
Britain is expected to reach “peak cash” in 2018 while Google responds to European data privacy regulations. And in other news, U.S. counterfeit fraud drops by 70%.