Apple Pay in Expansion Mode

Apple announced in early August about expansion of Apple Pay more aggressively.

Threat to traditional banking: Large Tech Firms or Fintech Startups

Fintech start-ups have garnered lot of interest from the banking industry. With digital technology and advanced analytics, these start-ups are providing applications for all and more banking services.

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Visa to acquire Plaid for $5.3 billion

Visa said the deal has the potential to add as much as 100 basis points to the company’s net revenue growth by 2021.The Wall Street Journal first reported the Visa acquisition.

In KFC China, Smile to Pay

Now people dining at KFC in the eastern Chinese city of Hangzhou will pay for their meals by smiling.