Mobile payments

Showing Latest Mobile payments

Cards remain king as mobile payments fail to hit the big time

21 Nov 18 @ 17:33

Mobile payments hit the mass market in 2014 with the introduction of Apple Pay and was hailed as the next revolution in payments. Partnerships with major payment providers such as... read more

Base of IoT devices to hit 75 billion – TEE spec adoption to reach 10 billion

21 Nov 18 @ 09:33

GlobalPlatform, the standard for secure digital services and devices, has reported a 25% increase in the number of Trusted Execution Environment (TEE)-enabled processors being shipped quarterly, year-on-year. At this rate,... read more

Innovation in Retail Banking – A decade in review

20 Nov 18 @ 10:00

Over the years, there has been a growing realisation in banking towards innovation as the proven path to differentiation and competitiveness. While the transformation has been slow, over the last... read more

FinTech M&A: How its shaping the financial future

19 Nov 18 @ 16:26

FinTech M&A is at record levels. The competition is fierce as incumbents battle to stay ahead of the curve as the financial services sector is undergoes a technology-driven metamorphosis. Highly-publicised... read more

PIN on Glass: What you need to know about this payments technology

16 Nov 18 @ 17:29

In January 2018, the Payment Card Industry Security Standards Council (PCI-SSC) released its standard for software-based PIN entry on commercial off-the-shelf devices – known as PIN on Glass. This new... read more

National Bank of Greece strengthens market leadership with WAY4

16 Nov 18 @ 12:23

National Bank of Greece has replaced its legacy mainframe systems with WAY4, a modern, future-proofed platform from OpenWay. WAY4 will support increasing transaction volumes and accelerate the development of new... read more

Global smartphone shipments declined for the last two consecutive quarters

15 Nov 18 @ 06:49

According to preliminary IHS Markit smartphone data, global smartphone shipments recorded a negative year-over-year growth rate for two consecutive quarters in 2018. Shipments totalled 354.8 million units in the third... read more

Vehicle-based payments to propel financial IoT to $410 billion by 2023

14 Nov 18 @ 16:29

A new report has found that the vehicle-based payments IoT market will grow at an average of 75% per annum over the next 5 years; reaching $410 billion by 2023.... read more

UK m-commerce to take over desktop shopping by 2023

14 Nov 18 @ 16:15

UK consumers are on an endless mission for convenience as mobile continues its ascent to dominance as the most popular shopping channel. Growing at a rate of 16% annually in... read more

US EMV migration fails to halt rampant payment card fraud

12 Nov 18 @ 12:42

In 2015, the US financial industry began a massive migration to the EMV standard in response to overwhelming levels of payment card fraud. The inherent security of EMV technology in... read more

Ingenico makes preparations for new market position as mobile payments begin to dominate

12 Nov 18 @ 12:27

Ingenico has appointed a new chief executive as it aims to arrest a slide in its share price. The company announced that long-serving boss Philippe Lazare would step down as... read more

Mobile bank N26 launches in four new territories

09 Nov 18 @ 16:50

Digital challenger N26, the mobile bank from Berlin and founded in 2013, has been growing rapidly, entering into additional European markets. As of this week, the mobile bank is also available... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

FCA probes Paypal, Mastercard and Visa competition

07 May 26 @ 16:30

The UK’s Financial Conduct Authority has opened a competition investigation into PayPal, Mastercard and Visa, examining whether commercial arrangements linked... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more