Mobile payments

Showing Latest Mobile payments

Mobile wallets poised for growth: A new research study

15 May 17 @ 11:09

Two out of three US smartphone users have made a mobile payment in the past 12 months; two out of five have a mobile wallet on their phone; and one... read more

Global P2P mobile payments value set to grow by 40% in 2017

10 May 17 @ 09:49

The value of global P2P mobile payments is set to increase 40% to $540 billion by end-2017, Juniper Research forecast. Growth in the segment is predicted alongside a trend of... read more

Right finger forward: Why consumer technologies are driving biometric banking

09 May 17 @ 13:32

When Apple and Samsung released new devices with fingerprint sensor technology, biometrics suddenly went mainstream and, as consumers, we’ve quickly become familiar with the technology. Fingerprint recognition has long been... read more

Omni-Channel Retailing: The demand for cross-channel payment infrastructure service

08 May 17 @ 14:00

In a new omni-channel retailing report – it is noted that online technologies, mobile devices and new consumer demands are rapidly transforming the retail sector and the payments industry. They offer... read more

Hackers exploit SS7 security flaws to access German bank accounts

05 May 17 @ 13:57

Despite security experts warnings for years about security flaws around the SS7 (Signalling System 7), a protocol used by mobile networks to communicate with each other- hackers have finally accessed a back door and... read more

M-commerce : 86% of UK digital shoppers have made a purchase via smartphone

05 May 17 @ 12:56

Actinic has unveiled the m-commerce results of the tenth annual ‘e-Merchant profile’, a study carried out between November and December 2016 comprising data from 2,100 European companies. The study confirms that... read more

Banks at risk of missing the open banking opportunity

04 May 17 @ 15:51

Monitise FINkit has announced the key findings from its research into senior banking executives’ priorities, challenges, and future plans surrounding open banking. The study, carried out by independent researchers LM Research,... read more

Competition increases for China’s $5.5 trillion mobile payment market

03 May 17 @ 14:33

China’s mobile payment market is more than 50 times bigger than that its US counterpart sitting at $5.5tn and is now being shaken up by its underdog Tencent, which is snatching market... read more

Apple rumoured to be in talks to launch Venmo alternative – Apple iCash?

03 May 17 @ 09:45

Apple is once again rumoured to be building its own money-transfer service to take on the likes of Venmo. The company has recently held discussions with payments industry partners about introducing its... read more

Danish banking collective launches nationwide mobile payments Bokis

27 Apr 17 @ 10:21

A Danish banking collective, named Bokis, has become the first to offer a mobile payments product using the highly popular national debit card, Dankort. Bokis consists of 62 banks from the small... read more

Cashless society: decline in cash use continues across Europe, the USA and Australia

26 Apr 17 @ 16:34

Money has taken on many forms over millennia; our relationship with currency often alters along with it. Lately, a key theme has been technological change to a cashless society: notes... read more

Dutch banks join forces to launch all-in-one mobile payments app Payconiq

25 Apr 17 @ 14:23

Six of the major Dutch banks – ABN Amro, ASN Bank, ING, Rabobank, Regiobank and SNS – say they will launch Payconiq, a mobile payments app this summer. The app,... 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