A new prepaid card for teens has been launched on the Discover network. The new Oink card enables parents to set limits and manage the accounts.Details
Yodlee was recognized as a winner of the Citi Mobile Challenge Latam 2014 from more than 50 finalists. The Citi Mobile Challenge is a global initiative whose goal is to find the best developers that are reimagining the financial technology industry. The Yodlee application for the Citi Mobile Challenge Latam invoked aggregation and voice technology to create an integrated user experience across multi-national geographies, accounts, and currencies to facilitate better money management, money movement, and more personalized Citi interactions with consumers and small businesses with global needs.Details
The number of online payment users in China neared 300 million in June 2014, while mobile payment users topped 200 million. The market is dominated by local third party payment providers, such as Alipay and Tencent. However, 99Bill, Lakala Payment and China PnR are expanding.Details
WorldRemit launches its global money transfer App for iPhones. WorldRemit for Android has been downloaded more than 10,000 times and entered the Top 20 Financial App charts in nine countries – more than any other money transfer service- in just the past few weeks. The company is confident it will see the same returns for the iOS solution. WorldRemit is also a leader in sending money to mobile devices. The addition of iOS and Android Apps further enhances WorldRemit’s mobile-to-mobile offering with smartphone users in one part of the world able to transfer instantly to Mobile Money accounts on the other side of the planet.Details
RewardsPay has teamed up with Coinbase
to allow customers to easily pay for thousands of products at leading online merchant sites using the Bitcoin digital currency. Heels.com, the world’s premiere source for women’s shoes, is among the leading merchant partners accepting bitcoin through RewardsPay.