Video: fintech news pick of the week – Square, Lloyds and VNLIFE
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
The deal will become Australia’s largest ever acquisition.
Square is “building a suite of new financial products”.
Tidal is the latest in a few sales Jay Z has made in recent weeks.
Previously, Jack Dorsey’s fintech partnered with Celtic Bank for banking products.
Square enjoyed a 4% jump in stock market value following the announcement.
Square is $20 billion away from matching Goldman Sachs’ market valuation.
Verse will join forces with Square’s Cash App.
It will bring the total amount brought to the Irish market to $500m by 2024.
Mobile POS pioneer Square is venturing into new territory with its own brick-and-mortar store in Manhattan.
About two months after launching in the U.K., Square has introduced its Virtual Terminal service there. The technology enables merchants to accept payments through the Square dashboard, an appealing prospect for online service providers, contractors and other smaller firms that do relatively few face-to-face transactions.
Square Inc. has begun rolling out a physical plastic card for use with the company’s Square Cash P2P money transfer service—a move that could help differentiate the service from its P2P competitors by making it easier for users to instantly spend funds they receive via transfer.
The recent performance of Zelle Network, the P2P payments platform with the funny name, is no laughing matter for competing P2P providers. Early Warning Services, a provider of real-time payments, authentication and risk mitigation services, announced April 17 that its Zelle Network processed more than 170 million P2P payments in 2016, totaling $55 billion in transaction value.