Mobile payments

Showing Latest Mobile payments

EuroPA launch cross-border instant payments in Southern Europe

31 Mar 25 @ 12:39

A landmark stride in European payments infrastructure has been achieved as Italy’s Bancomat, Spain’s Bizum, and Portugal’s MB WAY initiate cross-border mobile transfers under the EuroPA (European Payments Alliance) umbrella.... read more

Adyen goes live with Tap to Pay on iPhone in 9 European markets

19 Mar 25 @ 09:51

Adyen has officially enabled Tap to Pay on iPhone in nine new markets: Bulgaria, Finland, Hungary, Poland, Portugal, Slovakia, Slovenia, Switzerland and Liechtenstein. The functionality allows businesses to use an... read more

From cash decline to digital dominance: A decade of UK payments

17 Mar 25 @ 18:49

The UK payments landscape has transformed over the past decade, shaped by technology, consumer preferences, and economic shifts, according to the 10th edition of the Global Payments Report (GPR). The... read more

Mobile payments in Italy rise 61% in 2024

17 Mar 25 @ 15:04

Italy’s mobile payments market experienced a substantial expansion in 2024, reflecting a broader consumer transition toward digital-first transaction methods. PayTech leader Nexi emerged as a key driver of this shift,... read more

CFPB abandons litigation in Zelle fraud controversy

05 Mar 25 @ 14:07

The Consumer Financial Protection Bureau (CFPB) has formally withdrawn its lawsuit against JPMorgan Chase, Bank of America, Wells Fargo and Early Warning Services (EWS), the entity responsible for operating the... read more

Visa Tap to Phone adoption grows 320% in the UK

03 Mar 25 @ 16:11

Visa says that Tap to Phone – a technology that turns a smartphone into a point-of-sale (POS) device – has experienced a 200% increase globally over the past year, supporting... read more

The role of mobile phones in the rise of online money transfers

03 Mar 25 @ 09:00

In 2012, Pew Research conducted a study to determine consumers’ perceptions of the use of mobile devices for online money transfers and other monetary transactions, including in-store and online purchases.... read more

Asia’s fintech transactions poised to explode past $19 trillion

25 Feb 25 @ 13:27

The fintech ecosystem in Asia is experiencing an unparalleled growth trajectory, with projections indicating cumulative fintech-related transactions will reach $18.9 trillion in 2025, reflecting a 12.6% year-on-year (YoY) increase, according... read more

Beyond Apple Pay: Seizing the digital wallet opportunity

14 Feb 25 @ 10:49

Apple’s decision to open NFC access to third-party developers (enforced by regulators) marks a pivotal shift in the digital wallet landscape, presenting banks with a new opportunity to redefine their... read more

Australia urges reform of payments regulations amid digital surge

13 Feb 25 @ 11:53

Australia’s banking sector is pushing for urgent legislative reform to modernise the country’s payments regulations framework, as digital transactions, particularly mobile wallet payments, soar. With Australians making over 500 million... read more

The rise of Pay by Bank – understanding remains fragmented

12 Feb 25 @ 18:15

The landscape of digital payments is evolving rapidly, and one of the most promising innovations is ‘Pay by Bank’, a term referring to instant account-to-account (A2A) payments powered by Open... read more

Zelle surpasses $1 trillion in transactions

12 Feb 25 @ 14:45

Zelle, the US peer-to-peer (P2P) payments network, has announced a record-breaking $1 trillion in transactions processed in 2024, marking a 27% year-over-year increase. With a total of 3.6 billion transactions,... read more

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$5 trillion milestone masks an uneven global e-commerce market

09 Jan 26 @ 10:32

In 2026, global e-commerce passes a symbolic and economic landmark, exceeding $5 trillion in annual sales for the first time. The headline figure confirms the ... more

Visa brings stablecoin settlement into the US Mainstream

17 Dec 25 @ 13:28

Visa has taken a decisive step towards embedding stablecoins into core financial infrastructure, launching US-based settlement in Circle’s USDC for participat... more

Barclays makes first strategic move into stablecoin infrastructure

07 Jan 26 @ 15:24

Barclays has taken its first direct step into the stablecoin ecosystem, investing in US-based clearing and settlement platform Ubyx. [caption id="attachmen... more