Mobile payments

Showing Latest Mobile payments

Neobanking Index: The State of Neobanks in 2022

30 Sep 22 @ 09:15

Neobanks have grown immensely as a result of the COVID-19 pandemic and the increased demand for digital financial services. 8% of US adults and millions more people all over the... read more

Beyond payments: Why banks need to embrace the super wallet

29 Sep 22 @ 12:35

Traditional banks cannot avoid adapting to the new requirements and desires of their customers if they want to stay relevant. The focus, therefore, should be on creating a compelling mobile... read more

Paym mobile payments service to close

29 Sep 22 @ 12:04

Pay.UK and 15 of the UK’s banks and building societies have announce their decision that Paym, the mobile payments service, will close permanently to customers on 7th March 2023. The... read more

Mobile transaction security is failing – here’s how to fix it

29 Sep 22 @ 11:43

In a new white paper, digital transaction security specialists CyberloQ argue current paradigms for securing mobile transactions don’t work. Failsafe authentication, including laser-focused geolocation technologies, are a must if we’re... read more

Reserve Bank of Australia shifts position on Least Cost Routing

26 Sep 22 @ 12:56

The Reserve Bank of Australia (RBA) has announced a marked change in its position on Least Cost Routing (LCR) – how banks and credit card companies prioritise payments in the... read more

Finastra and Visa announce global BaaS offering

23 Sep 22 @ 14:44

Finastra and Visa announced a Banking as a Service (BaaS) collaboration to co-develop new functionality on its Payments Hub solutions and implement Visa Direct2 – which provides access to more... read more

Digital ticketing transaction value to reach $1.4 trillion

21 Sep 22 @ 19:07

A new study has found that the global digital ticketing transaction value will reach $1.4 trillion in 2027; up from $768 billion in 2022. This growth of 78% over the... read more

Pan-European payments pilot for EU digital ID wallet

19 Sep 22 @ 11:08

A new multi-country consortium of Europe’s most trusted identity experts has announced its proposal to deliver a large-scale, cross-border payments pilot strongly aligned with the aims of the European Commission’s... read more

Nordic mobile wallets mega merger blocked by EC

19 Sep 22 @ 10:41

Back in June 2021, Norwegian Vipps, Danish Mobilepay and Finnish Pivo announced that the three mobile wallets would merge. Late last week it emerged that Pivo, owned by OP Bank... read more

UK embraces digital banking – Europe still trailing behind

14 Sep 22 @ 16:56

UK consumers are significantly ahead of their European counterparts in their embrace of digital banking, new data shows. The research, commissioned by Europe’s leading provider of consumer and business credit... read more

How to cure cart abandonment in the APAC e-commerce market

13 Sep 22 @ 16:47

The Asia-Pacific (APAC) region is one of the world’s largest and most dynamic e-com­merce markets. The region contains 13 countries and 4.3 billion people — includ­ing 1.7 billion with internet... read more

Feature: Can the humble card still pack a punch?

02 Sep 22 @ 13:29

Some experts say cards are a legacy technology while digital wallets and alt-pays are the future. But more powerful cards with multiple functions and better security are fighting back. So... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... 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

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more