28 February 2015

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Visa to buy offers specialist TrialPay

4 hours ago  | 0 comments | 5 tweets | 2 linkedin

Visa has struck an agreement to acquire American transactional advertising outfit TrialPay. Financial terms of the deal have not been disclosed.

softcard

Softcard confirms shut down

10 hours ago  | 0 comments | 9 tweets | 3 linkedin

US telco-owned mobile payments venture Softcard has confirmed that is shutting down after selling off technology and intellectual property to Google.

Banco do Brazil, PNC Bank and US Bank are set to join the growing band of finacial services firms working with Visa to offer their customers HCE-based contactless mobile payments.

Security

Target takes $162m hit on data breach expenses

25 February 2015  | 0 comments | 14 tweets | 8 linkedin

Target has so far booked $162 million in expenses related to the data breach it suffered in late 2013 which saw thieves steal the card details of tens of millions of customers.

cash

AXA sets up EUR200 million disruptive venture fund

25 February 2015  | 0 comments | 12 tweets | 6 linkedin

AXA has launched a EUR200 million venture capital fund dedicated to investing in budding strategic innovations in the insurance, asset management, financial technology and healthcare service industries.

voguePay

Startup profile: VoguePay's African ambitions

24 February 2015  | 0 comments | 6 tweets | 5 linkedin

With offices in Lagos and London, VoguePay is looking to build a payment processing bridge connecting Africa's one billion people to the global market. Founders Geoffrey Weli Wosu and Michael Simeon speak to Finextra about their startup.

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