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Headline News from PaymentsNews.com - March 25, 2015

On the Web: Don't believe the hype on Apple Pay says MasterCard global chief - Sydney Morning Herald - "Instead of being disrupted, the incumbent payment network, along with fellow global giants Visa and American Express, has so farShow More Summary

Stripe API Receives Major Update

Stripe today announced a new version of its Connect platform with the hope of empowering more companies to conduct business online. The updated Connect API adds a handful of features that bring global payment capabilities to its customers and beyond. 

Stripe launches major API update to help on-demand startups go global

Stripe, the payment company that’s quietly building the best way to pay people online, has today launched a major API update to its Connect API. The new API builds on what the company learnt from modern “platform” companies such as Instacart, Shyp and Lyft, that employ many ‘sellers’ to get their work done. Show More Summary

Stripe re-launches Stripe Connect to help on-demand startups go global

Stripe, a company that has made a name for itself as the go-to payments platform for marketplaces, like Kickstarter, Lyft, and Shopify, is rolling out new tools to help online merchants and on-demand economy workers get paid. The company is re-launching Stripe Connect, a service that enabled anyone selling on a online marketplace to accept credit and debit cards. […]

Stripe’s New Product Helps Marketplaces Go Global More Quickly

Payments company Stripe is today unveiling a new product designed to help marketplaces like Lyft or Kickstarter scale internationally, by offering a suite of tools that allow businesses like these to accept payments from anywhere in the world, and then ensure sellers and service providers get paid. Show More Summary

Get a Room! Apple Pay Checks In To Marriott in Another Tech-Hotel Love Affair

The romance between hotels and mobile technology has now blossomed into a full blown raging love affair. This week, Marriott International was the latest to be struck by Cupid’s mobile payments arrow, becoming the first global hospitality company to offer Apple Pay. According to an announcement from the hotel giant, this represents the latest step […]

The transition to value-based care: Think Starbucks

Whether you like it or not health care financing is transitioning from payment for discrete services to global payment for value. Whether you agree with this trend, or comprehend its meaning, if it has one, is largely irrelevant in the short term. The government of the United States, the Chamber of Commerce, both political parties, […]

Europe’s fastest-growing young tech companies: Here are the Tech5 finalists

A little over a month ago we teamed up with global payments technology provider Adyen to kick off the second edition of The European Tech5. Our aim was to identify Europe’s fastest-growing young tech companies. After receiving a tonShow More Summary

PayPal’s One Touch payment app integrates with Lyft ahead of SXSW

Gaming execs: Join 180 select leaders from King, Glu, Rovio, Unity, Facebook, and more to plan your path to global domination in 2015. GamesBeat Summit is invite-only -- apply here. Ticket prices increase on March 6! Starting today, among your payment options for your Lyft ride, you’ll now be able to pay with PayPal. Lyft uses Stripe for payment processing, but […]

Unasked questions about global payments

The Boston Globe reports that Blue Cross of Blue Shield of Massachusetts is expanding its capitated, or "global payment," form of medical reimbursement.The Massachusetts health care industry’s traditional system of paying doctors for...Show More Summary

Dropbox targets global subscribers with new localized payment options powered by Adyen

Dropbox is making it easier for consumers to sign up to paid "pro" plans, with the news that it's inked a deal with global payments platform provider Adyen. The tie-up will let Dropbox offer more localized methods of payments beyond bank cards and PayPal.

PayPal acquires mobile payment startup Paydiant

Gaming execs: Join 180 select leaders from King, Glu, Rovio, Unity, Facebook, and more to plan your path to global domination in 2015. GamesBeat Summit is invite-only -- apply here. Ticket prices increase on March 6 Pacific! PayPal today announced it is acquiring mobile payment startup Paydiant. Show More Summary

Larry Summers Likes the Idea of Bitcoin

The former Treasury secretary said the virtual currency could help reduce costs and inefficiencies in the global payments system. But so could other payment technologies.

A Q&A with the man who wants to build a global payments empire based around traditional store registers

Ingenico Group is the world's largest payment-terminal, as measured by shipments. That means their brand is on more retail-store registers than any other company's. But Paris-based Ingenico has historically been weaker in the US. Ingenico...Show More Summary

Announcing the 2015 European Tech5: Identifying Europe’s fastest-growing tech companies

It’s time once again for a look at who were the fastest growing European tech startups of the last few years! Around this time last year we launched the inaugural iteration of Tech5. Together with our partner Adyen (a global payments...Show More Summary

Last Call: United Global Entry Fee Payment Code

Global Entry is an expedited immigration program that can make traveling internationally a relative breeze. It allows you to bypass the lines at immigration by using a kiosk rather than speaking to a Customs and Border Patrol (CBP) agent. The...Show More Summary

Western Union Gets Behind Apple Pay Momentum

Western Union, perhaps the most recognized name in global payment services, announced this week that it will offer the red-hot Apple Pay mobile payment solution at Western Union’s flagship locations. With the stated goal being to provide consumers yet another way to fund global money transfers and bill payments in the United States, Western Union […]

Tensions high as Greece's new government swings left

Talks over offering the country relief from its crushing bailout payments could have major repercussions for the global economy

China: Yuan gains in payment status

China’s yuan broke into the top five as a world payment currency in November, overtaking the Canadian dollar and the Australian dollar, global transaction services organisation SWIFT said yesterday. ||| CHINA’S yuan broke into the top...Show More Summary

RMB breaks into the top five as a world payments currency

``According to SWIFT data, the Chinese yuan overtook the Canadian and Australian dollar as a global payments currency in November 2014, and now takes position behind the Japanese Yen, British pound, Euro and US dollar''

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