Mobile payments

Showing Latest Mobile payments

Growing pains: RBI orders a stop to Paytm service

15 Aug 18 @ 11:55

The growth of Paytm has been exponential as it achieved an annual run rate of 5 billion digital transactions and $ 50 billion GTV (Gross Transaction Value) in July 2018. Paytm is... read more

P2P payments market competition hots up as Square Cash app hits the top

15 Aug 18 @ 11:26

It has been an interesting few weeks in the P2P payments market. It all began when Snapchap  announced that it will cease Snapcash, its mobile P2P payments app for Snapchat, on... read more

Infograph: 60 stats & trends for the future of e-commerce

14 Aug 18 @ 10:14

Today, e-commerce is used on a daily basis and living without it seems just complicated and inconvenient. New technologies and innovations are continuously changing and exponentially improving the user experience... read more

Retail fraud volume and cost increase sharply according to 2018 True Cost of Fraud report

13 Aug 18 @ 13:56

In the new and comprehensive 2018 True Cost of Fraud report, for the retail sector, LexisNexis Risk Solutions findings show fraud is escalating at an unprecedented pace in an industry already operating... read more

Banking industry concerns grow as Big Tech turn to FinTech

07 Aug 18 @ 13:38

Since the birth of FinTech there has been a growing anxiety for bank executives as to how and when big tech companies will start to focus on the banking industry. During its... read more

Why some markets are more e-commerce friendly than others

02 Aug 18 @ 16:26

It’s no secret, e-commerce has grown exponentially in popularity over the past decade. However, all markets have matured at different rates, with influence from socioeconomic factors. According to recent research... read more

Security fears threaten biometric payments growth

01 Aug 18 @ 08:36

As reported earlier by PCM, Biometric payments are poised for significant growth, but substantial consumer security concerns could put its future at risk according to a new report from Transaction... read more

New digital payment service BANCOMAT Pay launched in Italy

31 Jul 18 @ 09:01

BANCOMAT has launched its new digital payment service with the BANCOMAT Pay brand. Thanks to an agreement with SIA, BANCOMAT Pay will integrate the Jiffy service, allowing PagoBANCOMAT cardholders to... read more

US Digital Payments Adoption Study

27 Jul 18 @ 11:45

Early Warning Services, the network operator behind Zelle, has published the results of its first Digital Payments Adoption Study. The aim is to track consumer adoption, use, and attitudes toward digital payments,... read more

Android banking malware Exobot source code released online

27 Jul 18 @ 11:19

An Android banking Trojan source code, named Exobot, has been released online, causing the malware to circulate widely on the dark web. Called Exobot, the malware targets Android users via malicious... read more

Biometrics: The nirvana of personal security?

27 Jul 18 @ 10:41

By 2020, nearly all smart devices including mobile phones, tablets and wearables will have some form of biometrics security enablement. By the same time, personal banking through mobile apps will... read more

Snapchat kills P2P payment service Snapcash

26 Jul 18 @ 15:05

Snapchap has announced that it will cease Snapcash, its mobile P2P payments app for Snapchat, on August 30. Snap launched Snapcash in late 2014 via a partnership with Square, but it... read more

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Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more