ClearBank has partnered with Allpay to offer its ‘banking-lite’ services for the prepaid card market, enabling Allpay to provide a virtual account platform to its clients and customers, with access to Bacs, Chaps and Faster Payments.
Sainsbury’s is planning to introduce a new mobile app that will allow customers to scan and pay for goods without visiting a till. The self-checkout app has been trialled at Sainsbury’s London Euston
Ripple has been denied a listing on cryptocurrency exchanges, Gemini and Coinbase, despite offering financial incentives, Bloomberg has reported
CYBG has won its legal case against a China-based cyber squatter, Eric Cheng, who attempted to sell the domain name, ‘cybfx.co.uk’ back to the bank for around £95,000. Nominet, which oversees all .co.uk domain names, ruled that there was no obvious justification for Mr Cheng’s purchase and ordered the domain name be transferred to the bank.
Bank of England has reported that annual growth of notes and coins in circulation dropped to 0.2% in February 2018, its lowest level since 1963
Samsung has announced that Mastercard users paying via Samsung Pay will be refunded travel costs of up to £32.50 on the Transport for London network each Monday in April 2018. Customers using Samsung Pay with Mastercard five times before the end of April will also receive a £10 voucher to spend at Costa Coffee
Apple is using its recent operating system update to prompt users of its iPhone to enrol in Apple Pay, according to the Wall Street Journal.
Google has announced that it is planning to expand the mobile payments platform Tez beyond India to other countries with low credit card penetration and limited access to near-field communications systems
Square has announced that its peer-to-peer Cash app is now available in the UK. Users can send and receive money without paying a fee. However, the app does not support the buying and selling of Bitcoin, as it does in the US, and the Cash debit card will not immediately be available in the UK