Mobile payments

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State of the Industry Report on Mobile Money 2021

31 Mar 21 @ 16:25

2020 was a year like no other. In every region of the world, COVID-19 triggered a mix of responses, from school and workplace closures to restrictions on movement to complete... read more

COVID-19 drives rocketing app use in 2020 – but banks must beware…

29 Mar 21 @ 15:19

Data from mobile analytics firm App Annie’s State of Mobile 2021 survey shows that financial app use surged through 2020, driven by COVID-19 and the longer-term trend towards mobile as... read more

Adapt or Fail: UK shopping preference is technology over human interaction

25 Mar 21 @ 18:46

K3 Business Technology Group has released new research into the UK’s shopping preference. It revealed that 51% of customers are clear that they want to avoid store assistants. Instead, shoppers... read more

Who are banks competing against in payments now?

23 Mar 21 @ 18:09

For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this... read more

Digital and Card Payments Yearbooks Interview: European Payments in 2021

18 Mar 21 @ 16:47

Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business growing strongly.... read more

Apple Pay drives OEM pay contactless transactions to exceed $1 trillion in 2022

17 Mar 21 @ 13:14

OEM Pay contactless transactions, driven by Apple Pay, Samsung Pay and Google Pay, will reach more than $1 trillion in 2022, finds Kaleido Intelligence. This is up 377% from pre-COVID-19... read more

Digital wallet users hit 4.4 billion – mobile payment tokenisation revenue exceeds $53 billion globally

16 Mar 21 @ 17:15

A new study has found revenue from tokenisation provisioning and management in mobile payments will exceed $53 billion in 2025, from $18 billion in 2020. The report found tokenisation, where account... read more

Germany’s Giropay, paydirekt and Kwitt merge under Giropay brand

15 Mar 21 @ 18:52

A little over a year ago, rumours started circulating in the press, in which people speculated about the merger of paydirekt and Giropay. The Kwitt service, according to the rumours,... read more

X5 supermarket chain launches Face Pay technology

11 Mar 21 @ 11:05

Russia’s largest food retailer, the X5 Group, has partnered with Visa and Sber to launch Face Pay biometrics at self-service checkout terminals in its stores, the facial recognition payment system may... read more

Invasive apps: which apps are sharing your personal data?

10 Mar 21 @ 11:39

Apps form a part of our everyday life. From catching up with our friends to playing games, watching films, investing in stocks, making payments and banking, there’s not much we... read more

How Issuers can build modular ecosystems for modern payments

09 Mar 21 @ 17:08

The fast-moving digital payments market, driven by ever-increasing consumer demands, requires modular ecosystems that will keep pace with innovation. With legacy platforms no longer fit for purpose, pan-European processor Nets... read more

2021: make or break for banks – is there time left for them to change?

08 Mar 21 @ 19:32

As part of our 2021 preview, we examine the issues facing retail and commercial banks as their customers join the digital economy. When it comes to digital adoption, some banks... 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