Voca, Retail Decisions (ReD) and Mi-Pay, a mobile payments and stored value provider, announced the formation of a joint venture company, Digital Payments. ReD processes card payments and fraud prevention, while Mi-Pay has extensive knowledge of the mobile, e-money and micropayments environments. Digital Payments will enable retailers to manage consumer payments on digital sales channels including digital television, the Internet and mobile phones. Consumers will be able to pay by direct debit across these channels for the first time in the same way as they use a credit card. They will also be able to organise direct withdrawals from their bank.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.