Friday November 16, 2018 –
Here are the new and noteworthy stories we have been following this week.
Poynt raises $100M for its smart payment terminal
Elavon and National Australia Bank are participating in a $100 million Series C round for Poynt.
https://techcrunch.com/2018/11/13/poynt-raises-100m-for-its-smart-payment-terminal/
Fintech Company Affirm Unveils Updated Brand, New Logo and Shopping Features in Time for the Holidays
Affirm’s new features include a tool that shows consumers where to use Affirm and tailored offers for existing customers.
https://www.apnews.com/fb06a83215aa4610966d121501620ce2
Central banks should look at issuing digital currency, says IMF’s Christine Lagarde
The IMF thinks the central banks should consider issuing digital currencies.
Prosper Announces Plans to Launch New Digital HELOC Product
Prosper announced that it will launch a new digital HELOC product in 2019 in partnership with banks.
Chase Taps into Speedier Checkout with Contactless Visa Credit Cards
Chase will start issuing contactless credit and debit cards starting later this year and continuing into 2019.
https://www.apnews.com/46b943ca59b140c789a33cb79d9b3a9c
Uber, Lyft To Launch Loyalty Programs To Reward Riders For Choosing A Favorite
Uber and Lyft announce a points based loyalty program to reward frequent users with bonus savings and free upgrades.
https://www.forbes.com/sites/bizcarson/2018/11/14/uber-lyft-loyalty-rewards-program/#7e455abd2774
DBS Hong Kong lets customers apply for credit cards from mobile phone
DBS Bank (Hong Kong) to let customers apply for a credit card via its mobile app and allow for instant provisioning of approved cards.
AlipayHK wins bid to provide QR code payment solution for Hong Kong’s MTR
AlipayHK has won a bid to provide QR code mobile payment solution for Hong Kong’s MTR railway system.
Visa Strengthens Commitment to Growing Digital Payments in India
Visa has taken a minority investment in BillDesk, a platform for online payments and bill payments in India.
Zero Raises $16M And Launches Cards Cash Back
Zero announces the public launch of its banking app and credit card.
https://fintechzoom.com/fintech_news_digital-bank/zero-raises-16m-and-launches-4-cards-cash-back/
