Mobile payments

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The future of digital payments

19 May 16 @ 10:53

Advancements in digital technology continued to shape the payments industry in 2015 as mobile, online and other digital forms of digital payments moved into the mainstream. From mass transit to... read more

JETCO roll out P2P mobile payments in Hong Kong

11 May 16 @ 16:50

JETCO, a bank consortium chartered to develop innovative and secure financial technology services for over 30 member banks in Hong Kong and Macau is set to roll out P2P mobile... read more

Seamless authorized to issue electronic money in Europe

11 May 16 @ 13:51

Seamless has been granted authorization by Sweden’s financial supervisory authority, Finansinspektionen, to issue electronic money. This means that SEQR users can send and receive money, worldwide, in real time. Under... read more

M-Pesa: The good and the bad news

10 May 16 @ 10:29

The amount of money that Kenyans transact daily through M-Pesa is half of what it cost to construct the Thika Superhighway, latest figures from Safaricom reveal. At Sh15 billion ($149,012,250... read more

Digital banking demands new technologies – and new vendors

05 May 16 @ 11:14

Banks face intense pressure to increase efficiencies and reduce costs while delivering next-generation digital banking services; however, incumbent application vendors have been slow to respond to new requirements, according to... read more

UK closing US lead on FinTech investment in PayTech

05 May 16 @ 10:45

The UK’s payment technology, or PayTech, sector is booming and closing the gap on the US, its closest rival, according to research from the Emerging Payments Association (EPA), sponsored by... read more

Increasing adoption of mobile P2P payments

04 May 16 @ 16:03

In a recent primary consumer research it highlights a rapid increase in adoption of mobile payments, and specifically in mobile P2P payments. Based on a survey of 1,279 smartphone users conducted... read more

Majority of retailers have yet to implement omni-channel payments

03 May 16 @ 13:33

Despite the retail industry’s ambition to move to an Omni-Channel payments strategy, only a minority of retailers have completed an omni-channel payments program, according to a survey of nearly 100... read more

FTC investigates PayPal’s Venmo

03 May 16 @ 13:20

PayPal’s P2P payment service Venmo is under investigation by the Federal Trade Commission. PayPal has acknowledged the situation in an SEC filing: “On March 28th, 2016, we received a Civil Investigative Demand (CID)... read more

UK consumers expect mobile payments

29 Apr 16 @ 15:23

The days of carrying cash are numbered according to a new study into the habits of UK consumers, with mobile payments set to be our main form of payment within... read more

Walmart Pay launches in USA

29 Apr 16 @ 15:00

Walmart has finally enabled Walmart Pay its mobile wallet in an update to the Walmart iOS app. The company first announced the mobile wallet in December. When iOS users update the app,... read more

PayPal profits hit new highs

28 Apr 16 @ 16:45

PayPal says that 2016 profits are up. The company announced 4.5m new accounts taking its total user base to 184m at the end of March. Independent from eBay since last summer, the firm says... 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

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... 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