Mobile payments

Showing Latest Mobile payments

PayPal acquires Xoom as it enters mobile remittance market

02 Jul 15 @ 18:20

PayPal is spending $890m of its $6bn war chest on a deal to buy Xoom, a money transfer company, ahead of its split with parent company Ebay later this month.... read more

Biometrics has a strong future in financial services

02 Jul 15 @ 18:09

The financial services industry must set aside competition and collaborate on biometrics to ensure consistent, easy and convenient services for end users. These are the findings of a survey published... read more

Facebook Messenger payment service

02 Jul 15 @ 18:00

Having trialled the Facebook Messenger payment service, Facebook announced that the payment feature is now available for Facebook Messenger users in the US. Now you can make person-to-person payments by adding your... read more

Visa denies Fundamo shut down

01 Jul 15 @ 16:01

Visa has denied that it is about to shut down Fundamo, the mobile payments company it bought for $110m in cash five years ago. That is contrary to what a number of... read more

Wirecard launches mobile checkout platform for retailers

29 Jun 15 @ 16:11

Wirecard announced the launch of a mobile checkout development platform for retailers. The retail payments platform enables retailers to increase the appeal and functional scope of their own app by integrating... read more

PayPal faces tough times in the digital payments ecosystem

26 Jun 15 @ 15:53

Former PayPal CEO Bill Harris discusses how PayPal fits into mobile payments with Bloomberg’s Emily Chang. Harris was asked whether the company can compete with other digital payment firms, in... read more

World Retail Banking Report 2015

26 Jun 15 @ 15:44

The latest World Retail Banking Report 2015 produced by Capgemini and Efma looks like  bad news for traditional banks. For the second straight year, banks have not been able to... read more

Mobile apps generate 50% of retailer mobile transactions

25 Jun 15 @ 12:12

Criteo has released its State of Mobile Commerce Report, revealing that mobile apps generate almost 50% of mobile transactions for some of the largest ecommerce players who have made their app... read more

Cash remains king for consumers

24 Jun 15 @ 13:26

Annual figures from the Bank of England show the British public retains a stubborn attachment to paper money, despite rapid innovations in higher-tech methods of payment such as contactless cards... read more

Candian telcos launch mobile wallet app Suretap

23 Jun 15 @ 16:21

As companies globally race to position themselves in the swap of physical wallets and plastic cards for virtual ones, Canada’s largest telcos unveiled the grand expansion of their mobile payments app –... read more

Capitalizing on digital influence in retail

23 Jun 15 @ 11:50

For the third year, Deloitte Digital conducted a survey with thousands of consumers to understand how they engage with digital when shopping, and to quantify how these interactions influence their... read more

Nine drivers of mobile money identified as consumers embrace mobile

22 Jun 15 @ 11:57

Global trade body Mobile Ecosystem Forum (MEF) has released its annual Global Mobile Money report. As new mobile payment models come online, and more sectors embrace mobile as the primary channel... read more

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Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more