Mobile Banking

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M-Pesa – 51 million users in 7 countries – turns 15

07 Mar 22 @ 10:45

Vodafone, and its African subsidiaries Vodacom and Safaricom, are today, marking the 15th anniversary of M-Pesa, the service launched in March 2007 to enable money transfers between people using 2G... read more

What every non-financial business should know about Banking-as-a-Service

04 Mar 22 @ 12:29

For years, the cost and complexity of building financial services have restricted everyone but banking institutions from the space. Any non-financial brand that wished to offer its own lending or... read more

EU watchdog calls for fresh and fast regulation on digital finance

03 Mar 22 @ 12:42

According to European regulators, rapid action is needed to update how cross-border digital finance services are scrutinised within the region and consumers are protected as the sector becomes digitalised with... read more

Report: Mobile wallet and the rise of the Super App

02 Mar 22 @ 12:26

The mobile wallet industry has seen significant advances in the last decade, changing the way people manage and spend their money, and the tasks that these wallets can perform have... read more

80% of US consumers now use digital payments

28 Feb 22 @ 10:51

More than 80% of Americans used some form of digital payments in 2021, continuing a long-standing trend. The findings of McKinsey’s 2021 Digital Payments Consumer Survey – an ongoing research... read more

UK Open Banking users pass the 5 million milestone

23 Feb 22 @ 12:31

There are now more than 5 million active users of Open Banking (OB) services in the UK based on data provided during January 2022 by the CMA9, the nine banks... read more

Digital ID infrastructure is key as payments become transparent

08 Feb 22 @ 10:49

Remote and contactless payments popularity with consumers grew during the pandemic, which is prompting the need for a robust digital identity infrastructure in the Payments 4.X era.1 In the connected... read more

Open Banking will be here sooner than you think – Here’s why

07 Feb 22 @ 17:21

A new report by European Open Banking services provider Tink finds much positive sentiment about the greater competition and wider palette of services Open Banking will bring. Such breathless optimism... read more

Digital & Card Payment Yearbooks: Cards – past their peak?

04 Feb 22 @ 16:12

The 2021-2022 Digital and Card Payment Yearbooks from Payments Cards & Mobile suggest payment card use may be starting to decline, to be replaced by digital wallets, direct-to-account payments and... read more

JPMorgan starts to spend $12 billion war chest with Viva Wallet stake

25 Jan 22 @ 15:30

In a recent earnings call, JPMorgan Chase, the largest lender on Wall Street with $3.76 trillion (in assets), announced it plans to increase its annual technology budget to $12 billion,... read more

Long Read: Payment predictions for an industry in flux

25 Jan 22 @ 12:07

Thanks to the pandemic, consumers have become accustomed to doing almost everything online, accelerating digital transformation and embedding new behaviours. After a 5% in global payment revenues in 2021, the... read more

FCA review shows evidence of growing competition to Big 4 in retail banking

20 Jan 22 @ 17:17

In an update to its 2018 strategic review of retail banking, the FCA found that, while still strong, there are signs large banks’ historic advantages are starting to weaken, driven... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more