Mobile payments

Showing Latest Mobile payments

Zelle P2P payments network moves $75 billion in 2017

30 Jan 18 @ 13:26

Zelle announced $75 billion in money moved in 2017 across its P2P payments network, as millions of consumers reduced their dependence on physical checks and cash in the US. The $75 billion  across the... read more

Visa Checkout hits 1 million enrolled UK consumers

30 Jan 18 @ 13:00

Visa says that Visa Checkout has surpassed 1 million enrolled accounts in the UK. Visa’s online payment method, which was launched in May 2017, enables consumers to pay securely in... read more

Huawei Pay debuts in Russia with UnionPay as mobile wallet market is expected to hit $3.14 trillion

29 Jan 18 @ 17:00

Huawei Technologies and China UnionPay have set their sights on international markets, as they prepare to launch Huawei Pay digital wallet technology outside the mainland, going shoulder to shoulder against... read more

Infograph: The incredible growth of FinTech

29 Jan 18 @ 14:55

FinTech remains a hot topic in 2018. However the first “FinTech” was first devised in 1918 by the US Federal Reserve. Its taken a long time to wind up, but... read more

Mobile wallets in India: What the world can learn

26 Jan 18 @ 11:59

India’s emergence as a digital payment powerhouse is an unlikely story. Until recently, cash accounted for 95% of transactions, 85% of workers were paid in cash, and 70% of online... read more

Taiwanese government invests in domestic mobile payments

25 Jan 18 @ 11:55

The Taiwanese government has planned to promote adoption of mobile payments by subsidising transaction fees to make in-store mobile payments more attractive to consumers. Government departments can help promote mobile... read more

2018: Retail will be driven by technological advances and payment transaction capabilities

16 Jan 18 @ 11:30

2018 is here and the business outlook for retailers is looking positive despite what people may think. The New Year retail will be driven by technological advances and payment transaction... read more

Zelle reports 84% increase in P2P mobile payments

15 Jan 18 @ 19:58

Bank of America, through its P2P mobile payments platform Zelle, says it processed nearly 68 million Zelle transactions in 2017, an 84% increase from the previous year. In Q4 2017,... read more

Future of European Fintech Alliance statement on the final Regulatory Technical Standards (RTS) on strong customer authentication

12 Jan 18 @ 11:49

The Future of European Fintech Alliance, consisting of 72 European FinTechs, challenger banks and FinTech associations, has taken note of the final Regulatory Technical Standards (RTS) on strong customer authentication... read more

Want more in-app checkouts? Focus on “check-in” for 2018

10 Jan 18 @ 08:20

It is no longer good enough for merchants to simply have a functioning app. If I were writing this three years ago, then I would have accepted that just getting... read more

Google merges payments platforms and launches Google Pay

09 Jan 18 @ 11:04

Google has finished revamping its mobile payment offerings bringing together Android Pay and Google Wallet in one product and creating a new brand called Google Pay. The new product merges... read more

Report: Mobile banking and payment practices of US Financial Institutions

08 Jan 18 @ 16:55

The year 2016 marks the second time that multiple Federal Reserve Banks (FR Banks) have surveyed financial institutions (FIs) about their mobile banking and payment practices and plans. After surveying... 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