Mobile payments

Showing Latest Mobile payments

Turning a smartphone into a payment terminal – Mobeewave announces agreement with Samsung

28 Feb 18 @ 09:00

Mobeewave say they have signed a global partnership agreement with Samsung that will allow Mobeewave to offer its patented in-person contactless payment acceptance solution on Samsung devices. The solution enables... read more

World FinTech Report highlights symbiotic collaboration as key to future financial services

27 Feb 18 @ 10:50

The rise of FinTechs[1] continues to revitalise the financial services customer journey; however, many startups have realised they will struggle to succeed alone. With complementary strengths, FinTechs are increasingly looking... read more

Faster payments equal real-time fraud – the Zelle story

26 Feb 18 @ 10:12

There has been an increasing amount of fraud perpetrated against Zelle, the mobile P2P platform running on faster payments rails and backed by the biggest banks in the US. The scam... read more

UK retailers self-restricting growth potential due to limited payment options

20 Feb 18 @ 13:20

The UK’s top retailers are inhibiting their online sales potential by up to 30% by not offering a range of payment options for customers. The study, carried out by Visualsoft, found that almost one... read more

Mobile payments remain a tough proposition to sell in mature markets

19 Feb 18 @ 17:43

Mobile payments are having a tough time gaining adoption in mature markets. According to the annual “Connected Life” study by Kantar TNS, only a minority of internet users surveyed in countries like... read more

e-Retail sales to pass $3.3 trillion up 10% on 2017

14 Feb 18 @ 16:41

The value of consumer spend on remote payments for digital and physical goods – e-Retail – will surpass $3.3 trillion this year, up 10% on 2017’s total of $3 trillion.... read more

MNO Giffgaff uses Open Banking to launch mobile banking app

08 Feb 18 @ 18:13

Telefonica’s millennial focused MNO Giffgaff, is set to launch its own personal finance banking app based on newly implemented Open Banking regulations. Utilising the latest Open Banking regulations, the Giffgaff... read more

Nigeria to shut failing mobile money operatives

02 Feb 18 @ 13:09

Nigeria’s authorities are set to revoke the licences of at least 15 struggling mobile money operators under new minimum finance rules, according to press report. The report tips the majority... read more

eBay dumps PayPal for Adyen – BofA signs global collaboration

01 Feb 18 @ 14:23

Its been a mixed day for Paypal. eBay, one of the world’s biggest online marketplaces, announced that it’s dropping PayPal as its main partner for processing payments in favour of Adyen. The... read more

HCE and EMV Tokens – causing an inflexion point in mobile payments

01 Feb 18 @ 13:48

In the Netherlands, mobile payments using HCE are becoming ubiquitous. Other European countries, such as Belgium, France or Germany follow the same trend, with adoption rate reaching in some cases... read more

Google deletes 700,000 dangerous apps from Google Play In 2017

01 Feb 18 @ 10:13

As has been well documented, the Google Android ecosystem has been struggling with two major problems – fragmentation and vulnerable dangerous apps. In the last few years, however, Google has solved... read more

German girocard mobile payments pilot gets thumbs up

31 Jan 18 @ 17:34

In December 2017, the Cooperative Financial Network Volksbanken Raiffeisenbanken in Germany started a “Friends&Family” pilot project for girocard mobile payment via smartphones, using a digitized credit card or girocard (girocard... 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