Capgemini announced acquisition of Scandinavian data science leader
Advectas located its major offices in Stockholm, Copenhagen, Gothenburg, and Malmö
Fintech & Ecommerce - page 144
Visa partners major hospitality group
Accor will collaborate with Visa partner financial institutions across Europe, Americas, Middle East, and Asia Pacific
Chinese payment market to approve foreign firms
Foreign card schemes that are already present in China are mainly issued in collaboration with UnionPay
Ally acquires credit card company for more than $2 billion
Ally will provide more than 11 million customers with secured and unsecured banking products after the acquisition
Malaysia moves towards QR payment adoption
QR code-based payment is becoming a major trend in Asia-Pacific countries
UK fintech rolls out free multi-currency accounts in Europe
The Global Account allows users to pay, hold, and spend their money through a multi-currency wallet, eliminating some of the fees
Amount of money wasted on unused payments in UK revealed
An average adult pays out £496 in monthly regular payments, with £39 going on things they don’t use or want
Mobile wallet market value will exceed $1T in 2020
Mobile wallets eliminate the need for carrying cash, thus decreasing the possibility of theft or losing money
Western Union provides aid for countries affected by coronavirus
The aid will be pledged to local and global NGOs of China and other affected countries
Americans reveal their money-saving strategies
More than half of US consumers consider saving money as their top goal in 2020
Klarna acquires Italian startup
Moneymour’s operations will be integrated into Klarna in Q1 2020
Blockchain startup launches crypto payment solution
SecuX is focused on blockchain cryptocurrency hardware wallet and cryptocurrency retail payment systems
Interac payment solution for businesses goes live in Canada
Subscribed RBC business banking customers can facilitate the Interac e-Transfer feature
Payoneer received EMI license in Ireland
Payoneer supports enterprise clients and small businesses from 200 countries and territories
Mastercard enters China’s market
The entry gives Mastercard access to a $27 trillion payments market
Fintech & Ecommerce
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