Following the introduction of QR-code payment in more than 71,000 taxis in Seoul, all taxis in Seoul will accept Alipay beginning in January 2019.

Alipay, the world’s largest online and mobile payment platform, operated by Ant Financial Services Group, can be used by Chinese tourists to pay for taxis in Seoul via its strategic partner kakaopay, which acts as system integrator. In the near future, local users will also be able to pay taxi fare via kakaopay.

SWIFT gpi has been rapidly adopted since its launch last year, and is now being used to send more than a million payments every day with a combined value of well over $100 billion.

WiseAlpha, the online market offering retail investors access to corporate bonds, has launched an automated service for risk setting and sector selection.

Holidaymakers are warming up to prepaid cards for overseas spending as the switch from cash continues, new research from financial data analytics experts Consumer Intelligence shows.

More than one in four (27%) of people heading abroad for winter holidays this year plan to use prepaid cards for some of their spending compared with 23% who used prepaid cards on winter breaks last year.

The European Р2Р platform Robo.cash has been recently joined by a new loan originator LLP Z-FINANCE which provides short-term private lending in Kazakhstan. For the users of the platform, it means more opportunities to invest in short-term loans listed in euro with a repayment period up to 30 days and an expected interest rate up to 12% per annum.

The Western Union Company, a global leader in cross-border, cross-currency money movement today advanced its bill payment services cross-border, enabling consumers in the United States to pay bills and reload mobile p

Ushering in a new level of security for blockchain implementations, Rambus Inc. (NASDAQ: RMBS), today announced the availability of Vaultify Trade.

Research published today by RS2 examines the payment landscape across a number of global markets, and finds that proliferating payment channels and the expectations of consumers and merchants has made payment service processing increasingly complex. Payment fragmentation is now the “new normal”, giving consumers a great deal of choice, and merchants an ever-bigger challenge to deliver seamless services across channels.

With great organizational change comes great responsibility. Therefore, in order to create a sustainable growth, companies must learn strategies on how to manage the risks in restructuring. Such risks involve an impact on ROI that may occur when applying new changes to business practices. In the midst of restructuring, there is also a risk of siloed teams not being aligned with enterprise wide strategy.

Broadridge Financial Solutions, Inc. (NYSE:BR), an S&P 500 company and global Fintech leader with $4 billion in revenue, today announced the appointment of Julie Flack as General Manager of its Australia business, responsible for driving growth of Broadridge’s sell-side and buy-side businesses in Australia and New Zealand. Flack will directly manage all Broadridge associates in Australia and she will report to David Becker, Head of Asia Pacific.