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Mobile payment: the future of corporate payments

02 Jun 16 @ 08:47

Mobile payment is on the march worldwide and will also bring lasting changes to the world of business. New digital payment solutions simplify and speed up existing processes, making them... read more

US e-commerce hits new record of $373 billion

01 Jun 16 @ 11:57

According to Forrester Research US e-commerce is expected to reach $373 billion in 2016. That figure will grow to more than $500 billion by 2020. The study explores the drivers of online retail... read more

Credit cards come back as UK moves towards a cashless society

01 Jun 16 @ 11:35

There has been significant growth in the acceptance of credit cards and contactless card payments by small and medium enterprises (SMEs), new research from East & Partners Europe shows. Since... read more

Mobile payments to take off with new series of standards

01 Jun 16 @ 11:24

It is not so long ago that a mobile phone was used to make phone calls. These days, it is used for everything from navigating our way through the streets... read more

PayPal forced to shut down service In Turkey

31 May 16 @ 15:27

PayPal has been forced to shut down its services in Turkey because the company could not get the necessary license from the local authorities. The news about PayPal no longer being... read more

What are the key trends in payments for 2016: Tieto Interview

27 May 16 @ 15:49

Several themes from 2015 will continue trending this year. Mobile payments will keep being one of them. Large players like Apple and Samsung have expanded their geographical presence with their... read more

Swift hack probe expands – North Korea blamed

27 May 16 @ 13:26

Investigators are examining possible computer breaches at as many as 12 banks linked to Swift’s global payments network that have irregularities similar to those in the theft of $81 million... read more

PayPal kills off app for Windows Phone, BlackBerry and Amazon

27 May 16 @ 13:01

PayPal says it is discontinuing its mobile app for Windows Phone, BlackBerry and Amazon Fire OS devices to focus its efforts on Android and Apple and further condemning the brands to... read more

Fraud costing the UK economy £193bn a year

27 May 16 @ 12:17

The annual cost of fraud in the UK could be as high as £193bn per year according to a new report. This dwarfs previous estimates produced by the UK Government... read more

Wells Fargo Wallet – NFC mobile payments

26 May 16 @ 15:15

Wells Fargo has announced a relaunch of its Android portal that will add support for contactless, NFC payments, ATM transactions, and more. Wells Fargo Wallet’s headlining feature is NFC. In an upgrade due... read more

MasterCard powers commerce app within SoftBank’ Humanoid Robot

26 May 16 @ 12:23

MasterCard has unveiled the first commerce application for SoftBank Robotics’ humanoid robot Pepper. The application will be powered by MasterPass, that connects consumers with merchants, enabling them to make fast digital... read more

Why did M-Pesa fail in South Africa?

26 May 16 @ 11:51

South Africa’s largest mobile operator Vodacom recently announced it will be scrapping its M-Pesa mobile money transfer system in Africa’s second-biggest economy. For many pundits the move comes as a... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more