Mobile Wallet

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Europe is building EPI – an alternative to Visa and Mastercard – might it work?

28 Sep 20 @ 14:31

Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more

In-vehicle payments set to exceed $86 billion by 2025

23 Sep 20 @ 09:09

A new study has found that the value of in-vehicle payments, where a payment is made via embedded vehicle systems, will reach $86 billion in 2025, up from just $543 million... read more

US preparing to ban WeChat Pay in the US

18 Sep 20 @ 15:12

The US President, Donald Trump, has issued an executive to ban any transaction involving WeChat, which has over 1.2 billion monthly active users, and potentially other subsidiaries of Tencent, its parent company, within the... read more

Big Tech investments – Where are the giants spending money

18 Sep 20 @ 11:37

From recent reports its is clear that during the COVID-19 pandemic, some big tech giants are taking advantage of the uncertainty to make strategic moves. Q3 2020 has been the... read more

Beyond a billion: The mobile money landscape in Asia

15 Sep 20 @ 12:24

In 2019, the mobile money industry reached a major milestone of exceeding 1 billion accounts, where Asia made a remarkable contribution adding 42 million new accounts. Currently, Asia hosts 473... read more

Life beyond legacy: assessing digital payments in the Middle East

11 Sep 20 @ 10:10

As the global face of financial technology changes beyond all recognition, the need for the right kinds of payments solutions to be in place has never been greater. Built to... read more

Visa hit by EC digital wallets investigation

07 Sep 20 @ 16:20

Visa says the European Commission (EC) has opened a preliminary investigation into the its rules for staged digital wallets. Visa has faced criticism for attaching higher fees to staged digital... read more

Visa teams with Vipps to accelerate mobile payments deployment in Europe

02 Sep 20 @ 09:27

Visa and Vipps, the Norwegian digital wallet, announced a strategic partnership to accelerate mobile payments in Europe. Visa’s clients and partners will now be able to take advantage of the... read more

Ant group files for IPO – Alipay drives the price up

26 Aug 20 @ 15:48

Ant Group is gearing up for an initial public offering (IPO) that could give it a valuation as big as Bank of America – with Alipay driving the price into... read more

Amazon silent unbundling attack of the financial services market

26 Aug 20 @ 12:26

If you mentioned that Amazon was trying to take a foothold in the financial services and payments market, not many would be surprised. But what if you explained how deep... read more

Q&A: Mobile wallets – the key customer channel

24 Aug 20 @ 14:32

Payments cards & Mobile speaks to Li Yan, Founder and CEO of Wiseasy, to get his views on the future of mobile wallets and digital banking. Mobile wallets are on... read more

Indian antitrust watchdog rejects complaint against WhatsApp Pay

20 Aug 20 @ 13:25

The Competition Commission of India (CCI, the countries most powerful antitrust watchdog rejected the case against WhatsApp Pay, saying the company has not abused its dominant messaging app to expand... 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