10.3.18 Your morning briefing

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The information you need to start your day, from PaymentsSource and around the Web:

Apple U
Duke University, the University of Alabama and the University of Oklahoma have added student IDs to Apple Wallet, supporting payments for on-campus purchases via Apple Pay.

The integration supports contactless payments and identity for dorms, dining halls, libraries and campus events via iOS smartphones or watches.

Johns Hopkins, Santa Clara and Temple University are expected to add support by the end of the year.
Married to Alipay
While Alipay builds a tourist payment network that could someday form the basis for a full-fledged rival to the U.S. card networks, it's also building a new base to expand financial relationships on its home turf.

Alipay is offering digital copies of Chinese marriage certificates, a service that ties the mobile payment app, its huge user base and credential records, to services that require marriage records and also feature money transfers — such as mortgage applications, property transfers and inheritance records, reports Yicai Global.

The paper also reports the move is part of Alipay's participation in a government-backed facial identity program that will automate the filing of legal documents and tie scheduling of marriage ceremonies to the payments app.

What PSD2 has already done
One of the most immediate impacts of PSD2's data sharing requirements has been centralized venues to make that sharing easier.

BBVA has already set up a service that matches fintechs to various departments in the bank, and the EBA Clearing subsidiary Preta has recruited more than 40 banks and technology companies to the Open Banking Europe initiative, Finextra reports.

The initiative manages a repository of account-to-account and data technology companies, as well as data on regulated account servicing payment technology companies.

Bitmain puts funds into Bitcoin Cash wallet
Crypto mining company Bitmain has upped its game in cryptocurrency payments by acquiring Telescope, a Bitcoin Cash wallet.

Telescope launched earlier this year, and operates on Google Chrome and Firefox, with plans to add more platforms after the deal, Bitsonline reports.

The wallet stores cryptographic keys that match the user's browsers to payments, providing security similar to conventional digital wallets.

From the Web

Singtel unveils cross-border payments system Via
ZDNet | Wed October 3, 2018 - Singapore's largest telecommunications carrier Singtel has announced the launch of Via, the first cross-border mobile payment alliance in Asia in partnership with AIS and Thai digital bank Kasikornbank. Via combines Singtel Dash with AIS Global Pay and Rabbit Line Pay, enabling QR code-based mobile payments across Singapore and Thailand.

St. Pete data breach exposes more than 28,000 credit, debit cards
Tampa Bay Times | Tue October 2, 2018 - The credit and debit card information of more than 28,000 people was exposed because of a six-week-long data breach of the city’s website, St. Petersburg officials announced Tuesday. The city uses Click2Gov, a third-party vendor that allows users to pay utility bills, parking tickets, business license fees, building permit fees and civil citations online.

$80 Billion Banco Santander Uses Ripple For Payments, Will Many Banks Follow?
CCN | Tue October 2, 2018 - On October 2, Ripple Labs announced the integration of RippleNet into OnePay FX, a mobile application for cross-border payments developed by $80 billion banking giant Banco Santander. The strategic partnership between Ripple Labs and Santander was announced in March of 2018, but at the time, the intricacies of the collaborative work between the two companies were not disclosed to the public.

More from PaymentsSource

Splitit's multi-account loans aim to surpass card spending limits
Consumers who own multiple cards often use them as budgeting tools — a credit card for entertainment, a prepaid card for groceries, etc. — but that method typically can't be applied to any purchases that are paid in installments.

Female payments execs endorse gender quotas on corporate boards
California will be the first state requiring public companies to meet gender quotas for their boards of directors, and women in the payments industry see the move as positive — with some caveats.

PAI appoints new ATM CEO following top-exec departures
Payment Alliance International (PAI) has named Neil Clark as CEO of the company’s ATM business, following the recent exit of three top executives from the Louisville-based ATM operator.

Startup lender Petal launches its subprime credit card
The credit card startup Petal, which is targeting U.S. consumers with no credit history as well as folks with blemishes on their borrowing records, is going national.

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