Payments 2.0
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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
Curated by Therese Torris
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German startup bank Number26 adds direct in-app access to int'l transfer payments TransferWise

German startup bank Number26 adds direct in-app access to int'l transfer payments TransferWise | Payments 2.0 | Scoop.it
The great rebundling of financial services products has begun, as German smartphone-only bank Number26 partners with TransferWise to add direct in-app a...
Therese Torris's insight:

As per Finextra startups "gang up' against the financial establishment

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Ex Citigroup CEO invested in TransferWise

Ex Citigroup CEO invested in TransferWise | Payments 2.0 | Scoop.it
Finextra: Former Citigroup chief executive Vikram Pandit has invested in London-based money transfer startup TransferWise.
Therese Torris's insight:

Wise decision ;-)

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UK int'l money transfer start-up TransferWise raises $58 Million

UK int'l money transfer start-up TransferWise raises $58 Million | Payments 2.0 | Scoop.it
With the dollar having recently hit an 11-year high against the euro, technology start-ups are positioning themselves to take advantage of continuing volatility in many of the world’s currency markets.
Therese Torris's insight:

Bringing total funds raised to a hefty $90M

https://www.crunchbase.com/organization/transferwise

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Transferwise unveils Levchin and other superstar backers - GigaOM

Transferwise unveils Levchin and other superstar backers - GigaOM | Payments 2.0 | Scoop.it

International online money transfer site Transferwise unveils Levchin and other superstar backers...“It hasn't happened in finance yet: we're seeing it in different verticals, with Wonga do lending, we're seeing Lending Club do peer to peer lending, now we're doing payments....

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TransferWise in talks with 'rip-off' banks over API embed

TransferWise in talks with 'rip-off' banks over API embed | Payments 2.0 | Scoop.it
Finextra: TransferWise may have built its reputation by bashing traditional banks for overcharging customers on currency transfers, but that's not stopping the London-based startup from sleeping with the enemy by embedding its services into their online platforms.
Therese Torris's insight:

Bank bashing is the communication of choice for complacent startups. It's easier to trash incumbents who already have a bad rap than to take concrete commitments of their own to their customers. The destiny of basher is to become involved with banks, acquired by banks or become banks themselves. 

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TransferWise makes US play

TransferWise makes US play | Payments 2.0 | Scoop.it
London-based money transfer startup TransferWise is hoping to conquer America after adding the US dollar to its list of currencies.
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TransferWise offers start-ups vouchers for free international money transfer

TransferWise offers start-ups vouchers for free international money transfer | Payments 2.0 | Scoop.it
Therese Torris's insight:

A good publicity stunt

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Skype's First Employee Raises $1.3 Million For TransferWise, A Startup That Moves Money Internationally Without Crazy Bank Fees - BusinessInsider

Skype's First Employee Raises $1.3 Million For TransferWise, A Startup That Moves Money Internationally Without Crazy Bank Fees - BusinessInsider | Payments 2.0 | Scoop.it

TransferWise, a way to move money internationally using accounts set up by TransferWise in multiple countries. TransferWwise acts as the trusted middle man, moving money for users and charging a much smaller fee for the service. TransferWise charges 1 GBP on transfers up to 300 GBT.

 

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