Mobile Wallet

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Mobile Finance Apps downloads spike 15% to 4.6 billion in 2020

15 Apr 21 @ 15:37

Liftoff has released its annual Mobile Finance Apps Report in partnership with App Annie. The global COVID-19 pandemic drove a year of intense economic uncertainty, and users turned increasingly to... read more

Barclays discontinue mobile wallet Pingit – another one bites the dust

13 Apr 21 @ 16:22

Joining a group of other big brands that have had to shelve their mobile wallet, Barclays have announced that after 10 years they will sunset the iconic Pingit, one of... read more

Ant hikes up transaction fees to rebuild post failed IPO

01 Apr 21 @ 10:13

Having disappeared for several months after his IPO was forced into redundancy by China’s powerful central bank, Jack Ma has resurfaced. In his first calculated move since his fall from... read more

State of the Industry Report on Mobile Money 2021

31 Mar 21 @ 16:25

2020 was a year like no other. In every region of the world, COVID-19 triggered a mix of responses, from school and workplace closures to restrictions on movement to complete... read more

COVID-19 drives rocketing app use in 2020 – but banks must beware…

29 Mar 21 @ 15:19

Data from mobile analytics firm App Annie’s State of Mobile 2021 survey shows that financial app use surged through 2020, driven by COVID-19 and the longer-term trend towards mobile as... read more

Adapt or Fail: UK shopping preference is technology over human interaction

25 Mar 21 @ 18:46

K3 Business Technology Group has released new research into the UK’s shopping preference. It revealed that 51% of customers are clear that they want to avoid store assistants. Instead, shoppers... read more

Who are banks competing against in payments now?

23 Mar 21 @ 18:09

For several decades, incumbent banks have held a comfortable leadership position in payments. But the rapid growth of digital payments has signalled opportunity for new market entrants to attack this... read more

Contactless card payments trump mobile wallets – consumer doubts persist…

19 Mar 21 @ 17:01

As has been widely reported, contactless cards and payments are now the method of choice for the vast majority of consumers in developed markets. However, new research from Swedish biometrics... read more

Digital and Card Payments Yearbooks Interview: European Payments in 2021

18 Mar 21 @ 16:47

Amid rising hype about mobile wallets, P2P FinTech challengers and QR-code payments, this year’s Digital and Card Payments Yearbooks show a card segment in robust health, with business growing strongly.... read more

Apple Pay drives OEM pay contactless transactions to exceed $1 trillion in 2022

17 Mar 21 @ 13:14

OEM Pay contactless transactions, driven by Apple Pay, Samsung Pay and Google Pay, will reach more than $1 trillion in 2022, finds Kaleido Intelligence. This is up 377% from pre-COVID-19... read more

Digital wallet users hit 4.4 billion – mobile payment tokenisation revenue exceeds $53 billion globally

16 Mar 21 @ 17:15

A new study has found revenue from tokenisation provisioning and management in mobile payments will exceed $53 billion in 2025, from $18 billion in 2020. The report found tokenisation, where account... read more

Invasive apps: which apps are sharing your personal data?

10 Mar 21 @ 11:39

Apps form a part of our everyday life. From catching up with our friends to playing games, watching films, investing in stocks, making payments and banking, there’s not much we... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Spain’s largest banks launch collaborative fraud platform

18 Jun 26 @ 19:36

Three of Spain’s largest banking groups have taken a significant step towards strengthening the fight against financial crime, launching a shared fraud intell... more