E-Money

Showing Latest E-Money

EC crack down on virtual currencies and prepaid cards

06 Jul 16 @ 16:38

In an ill advised move, the European Commission is proposing expanding its anti-money-laundering rules to cover virtual currencies and prepaid cards, in a bid to fight terror financing and tax evasion... read more

Digital commerce in Asia Pacific recorded 113% growth in 2015

05 Jul 16 @ 14:34

According to Euromonitor’s data, Asia Pacific continues to top the digital commerce in 2014 – 2015, with mobile retailing sales reaching $200 billion, an increase of 113%. In 2015, the... read more

UAE mobile wallet payments to exceed $13bn in 5 years

05 Jul 16 @ 09:41

UAE banks have agreed to move forward with a mobile wallet project which will all devices to accept mWallets payments. The Mobile Wallet Project is expected to see AED50 billion... read more

Wirecard enters North America with Citi Prepaid Card acquisition

30 Jun 16 @ 08:53

Wirecard has reached a definitive agreement to acquire Citi Prepaid Card Services. Citi Prepaid card services have launched over 2,500 client programs, associated with top companies and brands across the... read more

The Internet of Things and NFC

29 Jun 16 @ 18:11

By connecting billions of familiar devices, the Internet of Things (IoT) promises to improve how we live, work, and play by turning our homes, cars, offices, and cities into smart,... read more

Facebook building up its payment network

17 Jun 16 @ 10:00

Facebook is launching a native store locator where users can search for stores around them. This is a significant step towards monetizing its mobile platforms (i.e. app and messenger apps) beyond... read more

What does the future hold for US domestic payments?

14 Jun 16 @ 11:25

It has been many years since significant changes have come to the US Dollar (USD) domestic payments space. In fact, it has remained relatively unchanged, at least in a sweeping,... read more

Travelex’s new Supercard: cheapest way to spend abroad

14 Jun 16 @ 10:55

Travelex has announced the launch of Supercard, a new MasterCard card and app combo for UK travellers to avoid overseas debit and credit card roaming fees and charges when spending abroad.... read more

Strong commitment for pan-European instant payment launch

10 Jun 16 @ 09:09

EBA CLEARING has announced that close to 40 financial institutions operating across SEPA have committed to supporting and funding the development and implementation of its pan-European instant payment platform. The... 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

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

The future of banking: Digital super stores

25 May 16 @ 15:38

By 2025 leading banks will be operating as digital financial superstores that blur the line between technology companies and banks, according to a new report from Greenwich Associates. The Future... read more

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Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute... more

Swift moves from concept to execution with Blockchain

02 Apr 26 @ 18:44

Swift is moving its blockchain-based shared ledger from design theory into practical deployment, marking a notable moment in the evolution of institutional cros... more

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more