Latest Google News: Finextra Research

Softcard confirms shut down

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

27 February 2015

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Google said to prep Android Pay API

Google is preparing to launch a payments API that will enable third party developers to embed in-store and in-app payments within their apps, according to press reports.

26 February 2015

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Google bids to breathe life into Wallet through telco partnership

Google is attempting to revive its flagging mobile wallet service by getting its app pre-installed on handsets sold by America's biggest telcos. In addition, the firm is buying technology from its telco-owned rival, Softcard, which looks set to be killed off.

23 February 2015

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Google retires Kenyan cashless transit service

Google's tactical retreat from the payments market continues apace with the closure of Bebapay, a pre-paid card for contactless transit fares in Kenya that was launched in 2013 with the support of Equity Bank.

18 February 2015

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Google brings e-mail money transfer system to Europe

Google is rolling out its e-mail-based money transfer system in the UK, almost two years after the feature was first released in the US.

29 January 2015

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Google Wallet gets first payment platform partner for Instant Buy API

E-commerce payment processor WePay has integrated with Google's Instant Buy API, a service that lets Google Wallet users check out in just two clicks on mobile and web without exposing their sensitive information to third parties.

26 January 2015

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Google in talks to buy Softcard

Google is in talks to buy US telco-owned mobile payments venture Softcard for between $50 million and $100 million, according to press reports.

19 January 2015

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Google shelves sales of hi-tech goggles

Memo to bank innovation teams: Take off the rose-tinted spectacles and put on your smart watches, Google ceases consumer sales of Glass eyewear.

16 January 2015

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Google partners Lending Club on biz financing programme

P2P lending platform Lending Club has teamed up with Google to offer loans to the Web giant's partner firms.

15 January 2015

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Google sues Visa and MasterCard over interchange fees

Google is suing Visa and MasterCard over the card giants' interchange fees, alleging that they violated federal antitrust law.

06 January 2015

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Google to give away $100,000 in mobile wallet recruitment campain

Google is to give away $100,000 to users of its mobile wallet who recruit a friend to the platform, as it prepares to do battle with Apple Pay and Softcard for market share over the all-important US holiday season.

19 November 2014

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Google pulls plug on in-app Wallet payments

Google is pulling out of the in-app purchasing game by retiring its Google Wallet service for digital goods.

14 November 2014

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