Mobile payments

Showing Latest Mobile payments

American Express launch Open Banking product enabling consumers to pay by bank transfer

30 Sep 19 @ 17:51

American Express says it will launch an Open Banking based product that will enable UK consumers to pay for goods and services online directly from their bank account. Pay with... read more

UK m-commerce soars 141% in a year as consumers turn to smartphones

27 Sep 19 @ 08:35

M-commerce and the use of smartphones for online shopping in the UK has skyrocketed by 141% in 12 months, research by Feefo has found. By contrast, the use of laptops and desktops... read more

Bringing contactless to e-commerce – The answer to SCA

24 Sep 19 @ 15:15

On the 14th September, the EU formally introduced its Strong Customer Authentication (SCA) regime as part of the PSD2 roll out. Whilst this regulation aims to ensure greater security for... read more

Ant Financial – the world’s most valuable private FinTech – heads for IPO

24 Sep 19 @ 08:34

Ant Financial is the world’s most valuable private FinTech company, and grew out of Alipay, the payments system founded by Alibaba in 2004. It also owns Yu’e Bao, the world’s... read more

65% of banks struggling with payment profitability

24 Sep 19 @ 08:19

Based on a global survey of senior executives at the world’s top-tier banks, a new report from Aite, reveals that high costs, low margins and increasingly commoditised business models are... read more

The World Payments Report 2019

18 Sep 19 @ 09:33

According to the World Payments Report 2019, which tracks and analyses non-cash transaction volume, regulatory and industry initiatives, and digital transformation across the global payments market, global non-cash transactions are... read more

Report: Banks risk losing $280 billion in payments revenue by 2025

17 Sep 19 @ 09:03

As much as 15% of banks’ global payments revenue, or $280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more... read more

Millennials pushing shift from credit to debit and digital wallets

13 Sep 19 @ 09:32

Young people in the UK have become “credit-averse”, according to a major study of shopping and spending habits conducted by YouGov. Instead, they are increasingly hungry for innovations like digital... read more

Report: The global rise of digital goods and services

12 Sep 19 @ 17:31

Fiserv has released a new study, “The Global Rise of Digital Goods and Services,” which finds that nearly three quarters (74%) of online purchases worldwide are for digital goods and... read more

Nissan joins in-car payments trailblazers with Brazilian roll-out

12 Sep 19 @ 16:53

Following on from recent announcements by BMW and Daimler in the automotive payments arena Sem Parar, a subsidiary of Fleetcor, has partnered with Nissan in Brazil for in-car payments. Under... read more

Paypal continues dominant growth but can it be sustained?

06 Sep 19 @ 11:31

Since being shown the door by eBay back in 2018, PayPal, once the most innovative digital payments companies in the world has continued to perform well and dominate the space... read more

Independent mobile payment systems in Europe form European Mobile Payment Systems Association (EMPSA)

03 Sep 19 @ 11:10

Seven independent mobile payment systems in Europe have come together to form the European Mobile Payment Systems Association (EMPSA). The EMPSA will hold its headquarters in Zurich, Switzerland, the association... 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