{"id":4364,"date":"2019-01-09T21:51:43","date_gmt":"2019-01-10T02:51:43","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4364"},"modified":"2023-02-13T09:28:32","modified_gmt":"2023-02-13T16:28:32","slug":"square-launches-payments-sdk-google-gains-new-payments-license-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/business\/square-launches-payments-sdk-google-gains-new-payments-license-news-roundup\/","title":{"rendered":"Square Launches Payments SDK; Google Gains New Payments License: News Roundup"},"content":{"rendered":"\n

PaymentFacilitator\u2019s<\/em> News Roundup is a curated mix of the past\nweek\u2019s news and articles from around the web, including company announcements,\nglobal payments news, and other coverage and analysis of topics relevant to\npayment facilitators.<\/strong><\/p>\n\n\n\n

The Fraud Factor <\/em><\/p>\n\n\n\n

CNP fraud leads to\npotential $130 billion loss for retailers<\/strong>. Juniper Research has recently\npublished a study that predicts a potential $130 billion global loss for\nretailers from card-not-present (CNP) fraud between 2018 and 2023. A lack of\nurgency to adopt new fraud-prevention technology, coupled with fraudsters\u2019\nadvanced strategies are labeled as the main contributors to this projection.\nFrom Juniper\nResearch<\/a>.<\/p>\n\n\n\n

Cashless Momentum Continues<\/em><\/p>\n\n\n\n

Vietnam taking steps to\nsupport cashless economy<\/strong>. The Vietnamese government recently required the State\nBank of Vietnam to explore the potential of cash deposits into electronic\nwallets sans a bank payment account. And this comes in addition to a mandate\nthat all payment intermediary providers and commercial banks must also be\nQR-compliant before third quarter of this year. From Vietnam\nPlus<\/a>. <\/p>\n\n\n\n

The Bank of Ghana accelerates\nmobile momentum<\/strong>. As part of the bank\u2019s initiative to transform Ghana\u2019s\npayments ecosystem, it has launched a Mobile Money Interoperability project. As\npart of this, several mobile money platforms were linked to each other to\nfacilitate funds transfers among the networks via one central hub. Also on the\nagenda is integrating this mobile platform with the interbank payments systems\ninfrastructure to enable seamless funds transfers across their entire payments\necosystem. From The\nStatesman.<\/p>\n\n\n\n

Big Brands Doing Big Things <\/em><\/p>\n\n\n\n

Google acquires\npayments license in Ireland<\/strong>. And this ultimately gives the global brand the\nability to issue and acquire payment transactions. But this is just one part of\na big initiative Google has with Europe\u2019s payments ecosystem. The Bank of\nLithuania granted Google Payment an electronic money institution license and\nthis gives the brand the ability to provide payment services, as well as both\nissue and redeem electronic money. From The\nPaypers<\/a>. <\/p>\n\n\n\n

Good Reads <\/em><\/p>\n\n\n\n

Digital still\nprojected to supersede cash in India<\/strong>. As we know, India\u2019s payments\necosystem is ripe with innovation and digital savvy. But cash still dominates?\nAccording to some, the tides may be shifting soon. The United Payments\nInterface (UPI) revolutionized the digital payments space but there are many\nnew contenders on the docket for 2019 that have the potential to further\naccelerate the move from cash to cashless. From Business\nToday<\/a>. <\/p>\n\n\n\n

Fintech performance drives\nvalue in 2018<\/strong>. The market rang in 2019 with fintech forward momentum as\n2018 brought some impressive numbers. Fintech funds outperformed the overall\nS&P and financial sector funds, with Square doing particularly well. From Seeking\nAlpha.<\/a><\/p>\n\n\n\n

A new class of\nstartups fuel small business in India<\/strong>. And what does it offer them? Ecommerce\ncapabilities (without all the hassle of starting from scratch), by providing\nthem the back-end solutions they need to expand their customer reach online.\nShopX, LaYuva, Meesho and Shopmatic are just a few of the popular brands that\nare enabling small sellers to connect their physical supply chains to the\ndigital airwaves. Read what a difference it\u2019s making. From Your\nStory<\/a>.<\/p>\n\n\n\n

Fintech companies\nfuel small business in ways that banks cannot<\/strong>. Technology giants like\nAmazon, PayPal and Square are giving small businesses something they haven\u2019t\nhad in a long time: leverage. As is often the case with small startups, loans\nare a complicated process and often a dead-end road due to low credit scores\nand lack of sufficient revenue. Banks really don\u2019t have much more to go on than\nthat. But these fintech companies have revolutionized the loan business with\nthe ability to access things like payments cash flow, historical volumes and\nconsumer reviews. And it\u2019s making a big difference! From Forbes<\/a>.\n<\/p>\n\n\n\n

Industry News<\/em><\/p>\n\n\n\n

Square Launches\nPayments SDK, Enabling Developers to Process Payments with Square in Their\nMobile Apps<\/a><\/strong><\/p>\n\n\n\n

BlueSnap Announces Global Availability of\nGoogle Pay Improving the Payment Experience for all B2B and B2C Customers<\/strong><\/a><\/p>\n\n\n\n

Cross\nRiver Bank Partners with Stripe to Power the Marketplace Economy with\nPush-To-Card Payments<\/a><\/strong><\/em><\/p>\n\n\n\n

Amrita\nAhuja to Join Square as Chief Financial Officer<\/strong><\/a><\/strong><\/p>\n\n\n\n

Mastercard\nEvolves Its Brand Mark by Dropping its Name<\/strong><\/a><\/strong><\/p>\n\n\n\n

It\nTakes a Team: Klarna, Poq and Stripe Deliver Payments Makeover for Missguided<\/strong><\/a> <\/strong><\/strong><\/p>\n\n\n\n

Fintech\nSelect Increases Focus in Online and Mobile Payments<\/strong><\/a><\/strong><\/p>\n\n\n\n

UnionPay\nInternational Gives Global Developers Access to its APIs<\/strong><\/a><\/strong><\/p>\n\n\n\n

RealPage\nAppoints Tom Ernst as Chief Financial Officer and Treasurer<\/strong><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

PaymentFacilitator\u2019s News Roundup is a curated mix of the past week\u2019s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[2,3,6,8],"tags":[44,146,303,357,545,658,799,828],"class_list":["post-4364","post","type-post","status-publish","format-standard","hentry","category-business","category-global","category-recent","category-technology","tag-amazon","tag-cashless-society","tag-fintech","tag-google","tag-mobile-payments","tag-paypal","tag-shopx","tag-square"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=4364"}],"version-history":[{"count":3,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4364\/revisions"}],"predecessor-version":[{"id":9080,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4364\/revisions\/9080"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4364"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}