#PayPal made a strong move into the group #payments space with the announcement it will purchase #Hyperwallet for $ 400 million. The deal is expected to close in the fourth quarter. Hyperwallet allows for businesses such as Etsy, eBay or Uber to easily make disbursements to multiple merchants or drivers, even across international borders. The company […]
Bank Innovation
Southeast Asian ride-hailing app #Grab has launched today in #Cambodia, partnering with the country’s top #mobile banking services provider to integrate local drivers for payments. On Wednesday, Grab announced it has partnered with Cambodia’s Wing Money. Additionally, Grab has also introduced a payment feature called GrabPay in the country so that customers can use the […]
Bank Innovation
EXCLUSIVE— Less is more is not often a philosophy that’s applied to #insurance, at least not in the United States. When it comes to India things might be different. That’s why insurtech #startup #Toffee is offering consumers in the country more tailored, “bite-sized” products, rather than less flexible, more traditional insurance plans. “Six to seven […]
Bank Innovation
#Southeast #Asian ride-hailing app #Grab will now offer mobile payment #services in #Malaysia thanks to the regulatory approval it received #from the country’s central bank, Bank Negara Malaysia today. The app is called GrabPay and will be rolled out in four phases in 2018. It is aimed to encourage customers and SMEs to go cashless. […]
Bank Innovation
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