Mobile payments

Showing Latest Mobile payments

APAC mobile wallet market to hit $140 billion by 2024

14 Jun 19 @ 15:33

The Asia Pacific mobile wallet market is set to grow from its current market value of more than $35 billion to over $140 billion by 2024. The increasing penetration of... read more

Report: The future of US mobile payments

11 Jun 19 @ 14:24

The future of mobile payments, both in the US and around the world, will likely be determined by the success of the OEM Pay wallets. Data from Juniper Research indicates... read more

International digital remittances to reach $525 billion by 2024

11 Jun 19 @ 09:20

New data has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. According to Juniper Research, the mobile channel will become... read more

Alipay partners with European mobile wallets for QR code interoperability

11 Jun 19 @ 09:04

Alipay will collaborate with six mobile wallets across Europe, to enable QR code-based digital payment interoperability for travellers both in Europe and from China. Alipay is working with European brands... read more

EMVCo publishes EMV Secure Remote Commerce (SRC) specification v1.0

07 Jun 19 @ 17:11

EMVCo has released EMV Secure Remote Commerce (SRC) Specification v1.0, which is available for free public download from the EMVCo website. The specification provides a foundation that will enable the processing... read more

Money 2020: World FinTech Report 2019

04 Jun 19 @ 16:54

The World FinTech Report 2019, published by Capgemini Efma, indicates that even though Open Banking has yet to reach maturity, the financial services industry is entering a new phase of... read more

Money 2020: Digital banking now part of everyday life for Europeans

04 Jun 19 @ 09:01

Never before has the importance of technology been greater in financial services. Digital banking solutions and apps have made their way into everyday life across Europe. A new study across... read more

BBVA launches tokenized global mobile payments platform

29 May 19 @ 15:18

Spanish bank BBVA has developed a new platform to enable secure mobile payments in all countries it operates. Using token technology, the bank has developed a platform that connects to Visa... read more

Global ATM numbers decrease for the first time as demand for cash eases

22 May 19 @ 08:57

New research indicates that the number of ATMs installed worldwide fell by 1% in 2018, to stand at 3.24 million, impacted by branch closures and the rising popularity of mobile... read more

Study: 1 in 10 banks will disappear over the next 5 years

21 May 19 @ 11:09

A ten-year study has found that the profit of European retail banks/divisions is at an all-time high, driven by a positive economic environment and lower risks (risk costs relative to... read more

Contactless payments continue to rise – £6 billion per month

21 May 19 @ 08:26

Contactless payments are on the rise. Across all markets that have reached a critical mass consumers are starting to understand the value of Tap and Go payments. In the UK... read more

Alipay continues mobile payments expansion with 300,000 merchants in Japan

20 May 19 @ 16:48

Alipay, the mobile payments arm of Alibaba Group has signed up more than 300,000 retailers in Japan to its m-payments service to serve the growing number of Chinese tourists to... 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