Mobile payments

Showing Latest Mobile payments

Ant group files for IPO – Alipay drives the price up

26 Aug 20 @ 15:48

Ant Group is gearing up for an initial public offering (IPO) that could give it a valuation as big as Bank of America – with Alipay driving the price into... read more

Amazon silent unbundling attack of the financial services market

26 Aug 20 @ 12:26

If you mentioned that Amazon was trying to take a foothold in the financial services and payments market, not many would be surprised. But what if you explained how deep... read more

832% increase in Open Banking payments during COVID-19 lockdown

25 Aug 20 @ 14:48

TrueLayer says it has recorded a massive increase in consumers using Open Banking Payment Initiation (PI) to pay for goods and services during the lockdown. PI is a new form... read more

Q&A: Mobile wallets – the key customer channel

24 Aug 20 @ 14:32

Payments cards & Mobile speaks to Li Yan, Founder and CEO of Wiseasy, to get his views on the future of mobile wallets and digital banking. Mobile wallets are on... read more

Indian antitrust watchdog rejects complaint against WhatsApp Pay

20 Aug 20 @ 13:25

The Competition Commission of India (CCI, the countries most powerful antitrust watchdog rejected the case against WhatsApp Pay, saying the company has not abused its dominant messaging app to expand... read more

Facebook sets up F2 unit to supercharge payments activities

17 Aug 20 @ 10:37

Facebook has revealed that it has set up a new business unit to address payments and commerce opportunities. David Marcus, a former PayPal President and co-creator of the Libra cryptocurrency... read more

PayPal reports 86% increase in profits – shift from cash permanent

10 Aug 20 @ 14:08

PayPal has announced that a surge in e-commerce transactions and new accounts has driven quarterly profits 86% higher. The company announced it will continue to support additional investments in mobile-payment... read more

Report: Global mobile money interoperability

06 Aug 20 @ 12:07

Over a decade ago, mobile money emerged as a standalone service for consumers on the same mobile operator network. Since then, widespread use and uptake has led to integration in... read more

Apple acquires iPhone to payments terminal company Mobeewave

05 Aug 20 @ 14:16

Apple has acquired Mobeewave a Canadian FinTech company that allows its technology to turn iPhones into mobile payment terminals. The Mobeewave technology lets shoppers tap their credit card or smartphone on... read more

China’s central bank considers antitrust probe into Alipay and WeChat Pay

04 Aug 20 @ 12:55

China’s central bank is reported to be considering and antitrust investigation into Alipay and WeChat Pay, the central bank argues the digital payment giants have used their dominant positions to... read more

Global payments report – trend to digital wallets gaining momentum

31 Jul 20 @ 12:10

A global payments report has confirmed findings from PCM’s proprietary research and other sources that card use is now in slow decline in developed markets and is being replaced by... read more

Digital Banking: A whole new world

29 Jul 20 @ 10:25

Today, we launch a major new study into the future of global retail and digital banking and the digital revolution. A Whole New World: Banking’s Digital Future states that by... 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