Mobile payments

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Worldwide wearables market to maintain double-digit growth through 2024

29 Sep 20 @ 14:06

Global shipments of wearable devices are expected to total 396.0 million units in 2020 according to new data from the International Data Corporation. This marks a 14.5% increase from the... read more

Consumers to spend 1 billion hours on m-commerce over Holiday season

29 Sep 20 @ 08:38

Global economies are still reeling from the COVID-19 pandemic, and a major consequence is that this year’s holiday season is poised to be very different to those in the past.... read more

Europe is building EPI – an alternative to Visa and Mastercard – might it work?

28 Sep 20 @ 14:31

Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more

The European Payments Initiative: Building partnerships or raising red flags?

23 Sep 20 @ 12:43

In July the European Central Bank welcomed the decision brought forward by 16 European banks to launch The European Payments Initiative, a pan-European payment scheme. Although the solution aims to... read more

In-vehicle payments set to exceed $86 billion by 2025

23 Sep 20 @ 09:09

A new study has found that the value of in-vehicle payments, where a payment is made via embedded vehicle systems, will reach $86 billion in 2025, up from just $543 million... read more

Is the EU prepared to force Apple Pay to open NFC access?

21 Sep 20 @ 12:53

It has been reported by Bloomberg that The European Union is considering new rules that would require Apple Pay to give competitors access to payments technology inside its phones. The... read more

US preparing to ban WeChat Pay in the US

18 Sep 20 @ 15:12

The US President, Donald Trump, has issued an executive to ban any transaction involving WeChat, which has over 1.2 billion monthly active users, and potentially other subsidiaries of Tencent, its parent company, within the... read more

Big Tech investments – Where are the giants spending money

18 Sep 20 @ 11:37

From recent reports its is clear that during the COVID-19 pandemic, some big tech giants are taking advantage of the uncertainty to make strategic moves. Q3 2020 has been the... read more

Tesco Bank introduces Open Banking payments for 2.6 million customers

16 Sep 20 @ 14:41

Tesco Bank is to become the first UK bank to introduce Open Banking technology that allows its 2.6 million credit card customers to more easily manage and pay their balance.... read more

Beyond a billion: The mobile money landscape in Asia

15 Sep 20 @ 12:24

In 2019, the mobile money industry reached a major milestone of exceeding 1 billion accounts, where Asia made a remarkable contribution adding 42 million new accounts. Currently, Asia hosts 473... read more

Life beyond legacy: assessing digital payments in the Middle East

11 Sep 20 @ 10:10

As the global face of financial technology changes beyond all recognition, the need for the right kinds of payments solutions to be in place has never been greater. Built to... read more

Report: Is now the time for QR code payments at the POS?

03 Sep 20 @ 09:22

Globally, digital payments are expected to reach an annual transaction value of $4.4 trillion in 2020, with 17% CAGR through 2024.* With growth rates like this, it is not surprising... 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