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Wirecard Continues Alipay Push with Merchant Deals

Wirecard has announced two partnerships this week to expand Alipay acceptance in Europe, one with Schustermann & Borenstein and another with Swarovski Crystal Worlds.


Cashplus Expands with £30 Million Debt Facilities Led by RBS

Cashplus, a London-based alternative financial services provider—and Top 5 Best Challenger Bank—has announced two new, three-year funding arrangements totaling £30 million (US$40.52 million). The company will use the credit to expand its lending products for SMEs.


TerraPay Partners with Bux for Mobile Money Transfers to India

TerraPay, a mobile payments switch, has partnered with bux, a mobile app money transfer service, to enable instant cross-border money transfers from Australia, Hong Kong, the U.K. and Europe to India.


Barcode Payments Spread across Africa with M-vendr, PiP iT

M-vendr, a U.K.-based tech company with a POS pay-in system across 12 African nations, has signed an agreement with international cash payments platform PiP iT to integrate the latter’s barcodes across its network of 45,000 merchant locations.


U.K. to Get New Payment Systems Operator by Year’s End

Payment Systems Regulator (PSR) and Bank of England have revealed that the U.K. will be getting the New Payment Systems Operator by the end of 2017, which the PSR says will be an important step in streamlining the U.K.’s payment systems and fostering competition and innovation.


STACK Taps Mastercard Prepaid for Challenger M-Banking App

There’s a new fintech challenger in town. Toronto-based STACK announced its partnership with Mastercard two weeks ahead of the beta launch of its mobile financial services app and companion prepaid card. 


Nets Takes Real-Time P2P to Mobile Wallet Vipps

Nordic payments processor Nets has entered into a 3-year partnership with Vipps, a mobile payment application provider in Norway, to deliver instant P2P payments to customers of all Norwegian banks partnered with Vipps.


Epipoli Acquires Social Shopping Company

Epipoli, the Pay Award-winning Italian gift card distributor with a network of 50,000 stores, has acquired 100 percent of social shopping and offers company Groupalia from entrepreneur Andrea Gualtieri.


Mastercard, Commonwealth Bank Work for Financial Inclusion in Indonesia

Commonwealth Bank and Mastercard are working together to improve financial inclusion for Indonesian women with a focus on business owners.


Top 5 Best Challenger Banks: Fidor Bank

Our final spotlight article for our Top 5 Best Challenger Banks list is the only actual bank in the bunch. See how Germany-based Fidor Bank stacks up against the high street banks and its nonbank competitors.