Mobile payments

Showing Latest Mobile payments

UK e-commerce sales up 15%, but growth through mobile payments slowing

28 Mar 17 @ 10:58

UK e-commerce sales were up +15% year-on-year (YoY) in February, according to the latest figures from the IMRG Capgemini e-Retail Sales Index, building on solid growth in February 2016 (+16%). For... read more

The EBA is wrong about screen scraping — and it’s going to hurt European FinTech!

24 Mar 17 @ 10:33

On 23 February, the European Banking Authority (EBA) announced its intention to outlaw screen scraping in one of their Regulatory Technical Standards (RTS) complementing the revised Payment Services Directive (PSD2),... read more

New UK cheque clearing system to be rolled out

22 Mar 17 @ 17:14

The UK is set to roll-out an image-based cheque clearing system from 30 October 2017. The Cheque and Credit Clearing Company have announced that waiting for five to six working days... read more

Cyber security: smartphone owners don’t secure their devices

22 Mar 17 @ 09:19

Cyber security, in particular mobile data security is a big issue. Recent Wikileaks claims of the C.I.A. hacking smartphones have once again brought the issue of mobile security to the forefront. In... read more

M-Pesa continues dominant position in Kenyan mobile money market

20 Mar 17 @ 16:58

Despite increased competition, M-Pesa is maintaining a large lead the Kenyan market, according to official statistics.Over KES1 trillion ($10 billion) of mobile money deposits and withdrawals took place in Kenya... read more

The US payments landscape: EMV, card-not-present and mobile ecosystems

17 Mar 17 @ 12:35

There are a lot of moving parts in the US payments landscape with the ongoing EMV migration to chip technology, growth in mobile payments and contactless payments, and the increasing... read more

Google adds P2P payments to Gmail Android app

15 Mar 17 @ 09:25

Google is to revisit history going back back to P2P payments, adding the feature to its Gmail Android app that allows sending friends funds by attaching a file to an email. Google first... read more

Market analysis – payments cards in Europe (E33)

14 Mar 17 @ 11:50

Payments cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2015. This was supported by the roll-out of new... read more

To ‘Pay’ or not to ‘Pay’? The choice around mobile payment

13 Mar 17 @ 13:32

People don’t use their mobile phones to make telephone calls nearly as much as they used to. They are using them to surf the internet, send instant messages, even wake... read more

Mobile money for the unbanked – Avoiding common industry pitfalls

10 Mar 17 @ 11:33

A new Roland Berger study, entitled Mobile Money for the unbanked – Avoiding common industry pitfalls, highlights the challenges of creating a Mobile Money operating arm, cautions operators that success... read more

Prepaid card market expected to reach $3,653 billion by 2022

09 Mar 17 @ 15:22

A new report published by Allied Market Research projects that the global prepaid card market is anticipated to reach $3,653 billion by 2022, registering a CAGR of 22.7% from 2016 to... read more

PSR annual – Access and governance report on payment systems

09 Mar 17 @ 15:06

The Payment Systems Regulator (PSR) was established to promote effective competition and innovation in payment systems. Ensuring open access to participants and potential participants is a key component of this.... 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