What's New in Payments

IndusInd Bank introduces card with built-in buttons that lets customers select from multiple payment options at the point of sale

IndusInd Bank's Nexxt interactive payment card

Customers of India’s IndusInd Bank can now apply for Nexxt, a bank card that features three built-in buttons which the cardholder can use to choose between charging a purchase to their credit card account, taking out a loan or paying for the item with their reward points balance... More


Monzo launches instant Google Pay provisioning

Start spending immediately after signup with Google Pay — Monzo — “If you sign up to Monzo today on a compatible Android phone, you’ll be able to add your Monzo card to Google Pay immediately, without waiting for the physical card to arrive in the post… We’re also bringing ‘in-app provisioning’ to Google Pay, which means you can add your Monzo card to Google Pay from the Account tab with just a couple of taps. No need to go to the Google Pay app to initially add your card.”



What's New in Payments

Swiss banks face mobile payments boycott investigation

Swiss watchdog investigates banks over alleged payments system boycott — Reuters — “Switzerland’s competition watchdog has raided the offices of financial companies, including Credit Suisse and UBS, to investigate a suspected boycott of mobile payment solutions such as Apple Pay and Samsung Pay… ‘There is the suspicion that the companies agreed not to make their credit cards available for use with Apple Pay and Samsung Pay, in order to favor the Swiss solution Twint,’ competition commission Weko said.”




Deutsche Bank unveils loyalty-first mobile wallet venture

Yunar's app in use

Deutsche Bank has launched Yunar, a wholly-owned subsidiary startup that is taking a loyalty-first approach to building out a fully featured mobile wallet by initially offering a simple way to manage up to 200 loyalty points schemes — and then gradually adding a range of mobile payments and banking services as adoption takes off... More











What's New in Payments

Google Pay rolls out across Scandinavia

Google Pay

Google Pay is now live in Denmark, Sweden, Norway and Finland, with support from Jyske Bank, Nordea and Revolut in Denmark, Nordea, Revolut, Monobank, Storebrand Bank and Sparebanken Sør in Norway, Nordea, Revolut, Länsförsäkringar Bank and Sodexo in Sweden and Nordea, Revolut and Edenred in Finland... More