Mobile payments

Showing Latest Mobile payments

Mobile banking and its use as a payments channel

04 Aug 17 @ 10:59

58% of US smartphone users have downloaded a mobile banking app for their primary checking account, and 50% of US smartphone users (including 68% of those under 35 and 31%... read more

ICC Solutions releases ICCSimCTC: Visa HCE validated by Visa

04 Aug 17 @ 10:29

ICC Solutions has released its Visa HCE test suite, hosted on the industry leading ICCSimCTC card test tool platform, which has been fully tested and validated by Visa. This test... read more

Skype partners with PayPal to launch ‘Send Money’ function

03 Aug 17 @ 15:03

Skype has added PayPal integration to its Android and iOS apps. The new ‘Send Money’ feature, which has launched in 22 countries including the UK, brings the ability to send and receive... read more

Financial inclusion – Addressing the unbanked in developing countries

02 Aug 17 @ 15:51

Around two billion people worldwide do not use formal financial services and around half the adults in the poorest households are unbanked, according to the World Bank. When financial inclusion... read more

Worldwide retail e-commerce sales reach $1.9 trillion in 2016

02 Aug 17 @ 14:57

Retail e-commerce sales – which include products and services (barring travel, restaurant and event ticket sales) ordered via the internet over any device – reached $1.915 trillion in 2016, accounting... read more

Tokenization: What is a smart token?

01 Aug 17 @ 12:52

Before we get into the smart token bit, let’s recap. Tokenization is the security process that most recently unlocked the mobile payments market. All the major ‘OEM Pays’ (Apple Pay,... read more

Fastest growing e-commerce markets – growth presents opportunity for British retailers

01 Aug 17 @ 12:39

Russia (42%), Indonesia (45%), Vietnam (37%), Argentina (38%) and Israel (25%) are surprisingly included in the fastest growing e-commerce markets in terms of percentage growth compared to last year, according... read more

Market Overview: Payments in Russia

31 Jul 17 @ 15:30

On the centenary of the Russian Revolution, we examine payments in the world’s largest country. How do Russians pay today? And given the state bank dynamic, a new domestic card... read more

Creating an integrated European market for Payment Initiation Services

31 Jul 17 @ 15:11

The revised Payment Services Directive (PSD2) was adopted with payment innovation and safety to the fore. One of its purposes is to regulate at the European Union (EU) level practices... read more

Apple Pay’s first large-scale promotion in China intensifies its competition with Alipay and WeChat Pay

28 Jul 17 @ 14:59

The size of Apple Pay’s share in the mobile payments market in China will depend on how well Apple Pay fits the needs of the local market and how substantial... read more

Bank of America and PayPal partner to enable in-store payments

28 Jul 17 @ 13:49

Bank of America and PayPal announced a strategic partnership that will enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards... read more

Wearable tech: A growing payment opportunity

26 Jul 17 @ 17:23

From watches, wristbands and jewellery to glasses and clothing, the popularity of wearable technology is booming, and so is wearable tech as growing payment opportunity. Despite a relatively slow start, industry... 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