Included in this issue: Appointments of new members of decision-making committees of FCA and PSR Boards | Speech by Ruth Evans, chair of the Payments Strategy Forum | Welcome speech by Managing Director of the PSR Hannah Nixon | Braintree expected to process $50bn-worth of payments this year | Designer Henry Holland brings wearables to London Fashion Week | Barclays to set up speedy mobile payment service | Credit Mutuel buys 86% stake in The Leetchi Group | Visa ends Indian mobile money project | Google Wallet releases new wallet app | BofA files for cryptocurrency-based wire transfer system patent | WorldPay announces IPO intention

UK

Appointments of new members of decision-making committees of FCA and PSR Boards

The Financial Conduct Authority and Payment Systems Regulator Boards have appointed new members to its four decision-making committees. 

Payment Systems Regulator, 21 September 2015

Speech by Ruth Evans, chair of the Payments Strategy Forum

speech by Ruth Evans, Chair of the Payments Strategy Forum held at the Payments Strategy Forum Payments Community Event in London.

Payment Systems Regulator, 17 September 2015 

Welcome speech by Managing Director of the PSR Hannah Nixon

An opening remarks speech by Hannah Nixon, managing director of the PSR, held at the Payments Strategy Forum Payments Community Event in London.

Payment Systems Regulator, 17 September 2015

Braintree expected to process $50bn-worth of payments this year

The PayPal-owned online payments processor, Braintree is set to surpass $50bn in transactions made over its platform this year. 

The Daily Telegraph, 17 September 2015

Designer Henry Holland brings wearables to London Fashion Week

The designer Henry Holland has joined forces with Visa Europe in demonstrating during his London Fashion Week show how fashion, wearable technology and payments can be combined. 

The Daily Telegraph, 17 September 2015

Barclays to set up speedy mobile payment service

Barclays is collaborating with deal payments technology company Verifone to enable faster mobile payments across 20,000 retailers in an attempt to rival competitors.

Financial Times, 23 September 2015

WORLDWIDE 

Credit Mutuel buys 86% stake in The Leetchi Group

French bank, Credit Mutuel Arkea has bought an 86% stake in the online money management firm Leetchi Group and its subsidiary Mangopay.

Finextra, 22 September 2015 

Visa ends Indian mobile money project

Visa has closed its mobile payment joint venture with Monitise in India after failing to win over support from mobile network operators. 

Times of India 20 September 2015

Google Wallet releases new wallet app

Google has released a new Wallet app for iOS which focuses on P2P and wallet-to-bank transfers.

Finextra, 22 September 2015

BofA files for cryptocurrency-based wire transfer system patent

Bank of America is looking to use a system and method that uses cryptocurrency technology for wire transfers following making a US patent application.

Finextra, 22 September 2015

WorldPay announces IPO intention

WorldPay has announced its intention to proceed with a flotation on the London Stock Exchange, in order for them to access new capital for growth and further enhance capabilities. 

Reuters, 18 September 2015