Mobile payments

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Bank of America sets record for patents granted during H1 2021

20 Aug 21 @ 13:00

Bank of America has recorded the most patents granted in H1 of any year in the company’s history. The U.S. Patent Office (USPTO) granted the bank 227 patents during H1... read more

Facebook digital wallet Novi ready for market launch

19 Aug 21 @ 11:06

Facebook has announced it will launch the Novi digital wallet tied to the Diem blockchain-based payment system, having received the necessary regulatory clearances. David Marcus, chief of Facebook’s financial services... read more

M1ST: Mobile payments network with 5.7 billion accounts launches

18 Aug 21 @ 12:10

Boku has announced the launch of the M1ST (aka Mobile First), the “world’s largest mobile payments network”. The M1ST Payments Network features an unrivalled 330+ mobile payment methods, including mobile wallets,... read more

How does the OECD’s CRS effect mobile money providers

17 Aug 21 @ 15:56

Adopted in 2014, the CRS’s purpose is to combat tax evasion – not just in mobile money. The Organisation for Economic Co-operation and Development’s (OECD) Common Reporting Standard (CRS) is an information... read more

Payments sector keeps top spot for FinTech investment in record H1 2021

11 Aug 21 @ 11:07

Overall global FinTech funding across M&A, PE, and VC deals soared to a new high in H1 2021, according to KPMG’s Pulse of FinTech, a bi-annual report on FinTech investment... read more

Apple Pay set sights on launching BNPL offering with Goldman Sachs

11 Aug 21 @ 09:29

Apple is reported to be working on a service that will let consumers pay for any Apple Pay purchase in instalments in direct competition to other BNPL offerings (Buy Now,... read more

Big Read: Is Nexus the future of International money transfer

10 Aug 21 @ 10:08

In more than 60 countries, including many developing nations, it has become incredibly easy to send funds in real time to someone else over the internet — knowing nothing more than... read more

Report: Global voices 2021 – Cross border e-commerce insights

09 Aug 21 @ 13:45

The COVID-19 pandemic, which took hold of the global consciousness a year ago, has shaped and revealed many things about the world of retail and e-commerce. With lockdowns came new... read more

Apple Cash now supports Mastercard debit cards

06 Aug 21 @ 15:04

Apple Cash has made a significant update to its product to include Instant Transfer support for Mastercard debit cards, while an upcoming change will increase transfer fees to 1.5% of... read more

Open Banking hits four – are we open for business?

16 Jul 21 @ 10:36

It’s been four years since UK regulators fired the starting gun on Open Banking, followed closely by the EU and 36 other markets world-wide. As a major new study into... read more

P27 secures merger approval from EU Commission

09 Jul 21 @ 15:25

The European Commission has announced merger approval for the P27 Nordic Payments initiative to establish its pan-Nordic payments platform. This approval marks a significant milestone for the initiative which is... read more

Digital lenders must adopt better payment services to succeed

07 Jul 21 @ 11:08

A new wave of digital-first lenders is opening up access to loans and investment capital for Europe’s SMEs, a trend which could lead to an economic revolution. In a new... 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