Mobile payments

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

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

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

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

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

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

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

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

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

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

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

27 Apr 16 @ 15:34

The worldwide wearable device market (commonly referred to as wearables) will see continued growth as second and third generation iterations reach the market. These new devices will build upon the... read more