Fintech payment news

Here are some recent fintech payment news:

1. Digital Payments

• India's digital payment market is expected to reach $1 trillion by 2025, driven by the growth of mobile wallets and UPI (Unified Payments Interface) transactions. (Source: Business Standard)
• China's Alipay has launched a digital payment service in the US, allowing users to make payments using their mobile devices. (Source: The Verge)

2. Contactless Payments

• Mastercard has launched a contactless payment service in the UK, allowing users to make transactions without needing to insert their card or enter a PIN. (Source: The Telegraph)
• Visa has introduced a contactless payment service in Australia, allowing users to make transactions up to $100 without needing to enter a PIN. (Source: The Australian)

3. Cryptocurrencies

• Facebook has launched a cryptocurrency called Libra, which is designed to be used for online transactions and money transfers. (Source: The New York Times)
• PayPal has announced that it will allow users to buy, sell, and hold cryptocurrencies such as Bitcoin and Ethereum. (Source: CNBC)

4. Mobile Wallets

• Google has launched a mobile wallet service in India, allowing users to make payments using their mobile devices. (Source: The Economic Times)
• Samsung has launched a mobile wallet service in the US, allowing users to make payments using their Samsung devices. (Source: CNET)

5. Online Banking

• Online banking platform, Revolut, has launched a new feature that allows users to make international money transfers without fees. (Source: The Financial Times)
• Bank of America has launched a new mobile banking app that allows users to make payments and transfer money using their mobile devices. (Source: Bank Innovation)

6. Fintech Funding

• Fintech startup, Stripe, has raised $250 million in funding from investors such as Sequoia Capital and Andreessen Horowitz. (Source: TechCrunch)
• Fintech startup, Plaid, has raised $250 million in funding from investors such as Goldman Sachs and JPMorgan Chase. (Source: The Wall Street Journal)

7. Regulatory Developments

• The European Union has introduced new regulations aimed at improving the security and transparency of online payments. (Source: The Financial Times)
• The US Federal Reserve has launched a new initiative aimed at improving the security and efficiency of online payments. (Source: The Wall Street Journal)

These are just a few examples of the latest fintech payment news. If you're interested in staying up-to-date with the latest developments in the fintech industry, I recommend following reputable sources such as The Financial Times, The Wall Street Journal, and TechCrunch.