Mobile payments

Showing Latest Mobile payments

Apple hit with class action antitrust violations over Apple Pay

20 Jul 22 @ 09:44

Apple has been sued in a proposed class action by payment card issuers accusing it of abusing its market power in mobile devices to thwart competition for the Apple Pay... read more

Instagram launch In-Chat payment using Meta Pay

19 Jul 22 @ 12:15

Instagram has announced a new “Payments in Chat” feature using Meta Pay. This will allow consumers to purchase directly from qualified small businesses’ direct messages on social media. Payments on... read more

Tokenised payment transactions to exceed 1 trillion globally

18 Jul 22 @ 13:09

A new study has found the total number of tokenised payment transactions will exceed 1 trillion globally by 2026; rising from 680 billion in 2022. This represents growth of 58%... read more

Digital wallets are the future – but cross-border performance must improve

18 Jul 22 @ 12:34

Mikael Lijtenstein, CEO of AstroPay, says digital wallets will be the world’s preferred way to pay – but consumers, merchants and PSPs need better service in cross-border transactions. At AstroPay,... read more

Cost of living crisis triggers changes in consumer payment habits

30 Jun 22 @ 12:35

As inflation rates rise across the globe, the resulting cost of living crisis is forcing changes in consumer payment habits – with a particular focus on methods that help track... read more

MENA goes cashless – but is consistency still an issue?

28 Jun 22 @ 16:36

The Middle East and North Africa (MENA) region is on a path similar to the rest of the world: declining cash use and increasingly sophisticated electronic payments. However, this simple... read more

Innovations spark expectations – 88% abandon transactions if faced with friction

27 Jun 22 @ 17:13

New research into online payments reveals sky-high expectations for seamless, secure transactions as payment choice increases. The survey of 2,000 UK consumers found that new payment innovations are being embraced... read more

Business Payments Barometer – Fraud soars in cashless economy

27 Jun 22 @ 09:46

Bottomline has revealed that the shift to hybrid working has left businesses seriously exposed to insider fraud[1], with over half of businesses (52% in GB and 63% in the US)... read more

Biometric authenticated mobile payments to reach $1.2 trillion 2027

21 Jun 22 @ 17:10

A new study has found that the value of biometric authenticated remote mobile payments will reach $1.2 trillion globally by 2027; rising from $332 billion in 2022. This growth of... read more

Kids’ digital wallets are more than just educational – here’s why…

21 Jun 22 @ 13:31

Across Europe, banks are taking social responsibility more seriously. A recent report by the European Banking Authority found[1] there are more than 120 partnerships between banks and government agencies across... read more

The senior demographic is growing across Europe – creating an opportunity for banks…

20 Jun 22 @ 11:28

A new white paper from Netcetera explains why a rise in the number of older Europeans is good news for banks’ digital strategy – provided they get their digital offering for... read more

Irish mobile payments app Synch gets regulatory approval

20 Jun 22 @ 10:55

In mid-January 2021 the four of Irelands largest banks joined forces to launch an instant payments digital payment app, dubbed Synch, that they intended to promote to help fend off... 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