Qwikcilver, a gift card specialist in India has teamed with TransferTo, a Cross-Border Mobile Payments Network to enable the Indian Diaspora, living outside of India, to send digital gift cards back home to their families. People remit money for a multitude of reasons – mainly to support family back home – and remittances currently represent…
The world’s largest Fintech, Money 20/20 Europe (June 26-28), is all set for June in Copenhagen. While there are many FinTech gatherings this event is super cool as it is decidedly, European. It is ginormous too! In its first year, Money20/20 Europe attracted 3,725 attendees, including 500 CEOs, from 1,500 companies and 70 countries. The show featured 422 speakers, over 200…
Among the new reports released this week are two free reports for download from Mercator Advisory and Javelin Strategy & Research in partnership with the Electronic Payments Coalition. The Mercator report: “Mobile Order and Pay Ahead: A New Sales Channel for Restaurants and Merchants” describes the new world of mobile order and pay and assesses…
There are growing concerns in the U.S. bank credit card market regarding the 2017 outlook for delinquencies and charge-offs. All the Top 4 issuers (Chase, Capital One, Bank of America and Citibank) reported slight upticks in the fourth quarter in both metrics. The Top 100 banks reported the seasonally adjusted (SA) credit card charge-off ratio…