Mobile payments

Showing Latest Mobile payments

EMEA retailers set to increase investment in payments

11 Sep 17 @ 16:28

55% of retailers and merchants in the EMEA region are planning to increase their investment into new payments capabilities in the next 18 to 24 months, according to the  2017... read more

Square announces it will apply for bank licence

07 Sep 17 @ 15:29

Square says it plans to submit an application to form a wholly owned bank based in Utah. The unit, to be called Square Financial Services, would offer loans and deposit... read more

FIDO Alliance jumps into PSD2 Screen Scraping debate with letter

07 Sep 17 @ 15:15

Conversations are ongoing between the European Commission (EC) and the European Banking Authority (EBA) around the Regulatory Technical Standard (RTS) for Strong Customer Authentication (SCA) under the Payment Services Directive... read more

The rise of the mobile channel – Mobile wallet security

07 Sep 17 @ 12:27

Following on from our previous mobile wallet post, consumer perceptions of bank-based mobile wallet security vary across the globe, though in general consumers have a high degree of confidence in... read more

UK’s largest retailer launches Tesco Pay+

06 Sep 17 @ 10:25

The UK’s largest retailer, Tesco, with £54.4m in sales has announced that its current digital wallet app PayQwiq, is to be re-launched as Tesco Pay+. Further details about Tesco Pay+... read more

The rise of the mobile channel – global mobile wallet adoption

05 Sep 17 @ 10:17

Mobile wallet and payments have been hot topics for a few years, with many predicting the end of traditional card payments and overstuffed “Costanza” wallets. Rumours of cards’ demise have... read more

BRICS account for nearly half of global e-commerce sales

04 Sep 17 @ 12:03

E-commerce is set to prosper among the BRICS countries and become a major link connecting their residents, according to a report by AliResearch the research arm of Alibaba. By 2022,... read more

Australian banks to kill PINs by pushing towards biometric authentication

04 Sep 17 @ 11:10

Consumers will soon be able to forget about PINs and frustratingly long 16-digit card numbers when shopping online and in the real world, as Visa moves to make Australian banks... read more

Mastercard piloting turning smartphones into payment terminals

31 Aug 17 @ 13:48

Mastercard unveiled a pilot project in Poland, turning smartphones into payment terminals for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally taken cash payments,... read more

The drive to digital and its impact on financial inclusion

31 Aug 17 @ 11:51

A couple of hikers see a farmer leaning on his gate and stop to ask for directions. “We’re looking to get to X,” they say. “Well, I wouldn’t start from... read more

Samsung Pay hits $9 billion of transactions in South Korea

30 Aug 17 @ 13:55

Samsung Pay has driven its home advantage and processed 10 trillion won ($8.8 billion) in accumulated transaction volume in South Korea, the company has announced. The service was launched in... read more

Mobile users can no longer afford to overlook cyber security

23 Aug 17 @ 14:14

In today’s digitally-driven society, being able to access your money when you want, from any device, is no longer a luxury but a necessity. In fact, being able to quickly... 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

FCA probes Paypal, Mastercard and Visa competition

07 May 26 @ 16:30

The UK’s Financial Conduct Authority has opened a competition investigation into PayPal, Mastercard and Visa, examining whether commercial arrangements linked... 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