Financial intermediation

One quarter (24%) of Europeans expect to start using “tap and go” contactless payments with a smartwatch, bracelet, keyring or other forms of wearable payments, according to new figures from Mastercard.

The Program is the successor to Partners Group Direct Infrastructure 2011, which closed in mid-2012.

Most non-bank organisations who are entrusted with client funds use escrow accounts to manage those funds. In consultation with Nxchange, ABN AMRO Clearing Bank has developed an alternative based on block chain technology.

Marathon Petroleum Corp. (NYSE: MPC) today announced that it intends to issue a notice of redemption to redeem all of the $600 million outstanding aggregate principal amount of its 2.700%  senior notes due on Dec. 14, 2018.  

Bank of America Merrill Lynch (BofA Merrill) is pleased to announce a collaboration with PayPal that will allow the bank’s U.S.-based commercial clients to make payments in local currencies to payees who hold PayPal accounts

The transaction will enable ING to strengthen its footprint in omnichannel payments services and expand its merchant services for its business customers, in particular in the fast-growing e-commerce segment.

Alfa-Bank announced today that it has started to use SWIFT’s global payments innovation (gpi), a suite of services that increases the speed, transparency and traceability of cross-border payments. 

Nevada Copper Corp. is pleased to announce that it has successfully executed binding agreements to raise $100 million of equity financing from institutional investors.

JetPay Corporation have partnered to offer Financial Institutions “best in class” payments, HR & Payroll, and account opening technology

Mastercard and HERE Technologies today announced an agreement to jointly create more connected experiences for people on the move.

Sberbank has launched a new service to help entrepreneurs register their business (individual entrepreneurs or limited liability companies). The service can help them prepare necessary documents online.

The first stage of Sberbank’s Skolkovo Data Processing Centre (DPC) has been launched in the Skolkovo Innovation Centre.

IBA Group’s AFC System features contactless payment by Mastercard

ADB forecasts that economic expansion in developing Asia will accelerate to 6% in 2017 as stronger than expected exports and domestic consumption fuel growth.

Deutsche Bank has published its 2018 China economic outlook