Mobile Wallet

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US mobile P2P payments start to gain traction

29 Aug 19 @ 13:22

Mobile P2P payments in the US are booming with consumers sending each other billions of dollars through (some) digital apps. Last week, JP Morgan Chase announced it will follow suit... read more

Chase Pay mobile wallet app to shut down…another one bites the dust!

22 Aug 19 @ 08:31

JP Morgan Chase has announced it will follow suit of many other notable others and shut down its mobile wallet app Chase Pay in the bank’s third reversal on digital... read more

Libra project on rocky ground as aggressive EU regulators start probe

21 Aug 19 @ 12:27

Libra Coin, Facebook’s cryptocurrency project is reported to be being investigated by European Union antitrust regulators. The European Commission said it is “currently investigating potential anti-competitive behaviour,” related to the... read more

Japanese mobile payments taking off as online wallet ownership grows

20 Aug 19 @ 15:18

Japanese mobile payments are finally taking off as the number of consumers in Japan, who own a mobile wallet, has grown by almost 20% this year. GlobalData’s 2019 Consumer Payments... read more

FinTech mega-deals lead to record-breaking $120 billion transaction value in H1 2019

20 Aug 19 @ 11:44

Three FinTech mega-deals totalling $87 billion set the scene for a record-breaking $120 billion in disclosed transaction value for the sector in a ‘white-hot’ first half of 2019, reveals the... read more

Mobile: The centre of the fraud prevention universe

16 Aug 19 @ 09:55

The bad guys are winning. This is the sentiment of many financial institution (FI) and merchant fraud mitigation executives, who are finding it increasingly difficult to keep pace with the... read more

Global FinTech investments falls sharply – Trade war and poor economic outlook to blame

15 Aug 19 @ 13:09

According to a new report, global investments in FinTech has  fallen by 29% in H1 2019 as deal activity in China in particular fell sharply amid an escalating trade war... read more

U.S. Spending Snapshot: Spending growth robust in Q1 2019

09 Aug 19 @ 12:18

Year-over-year consumer spending growth, via electronic payments like debit cards, credit cards and mobile payments, remained strong at five and a half percent during Q1 2019, according to the new... read more

Mobile fraud: More than 50% of high risk transactions originating from mobile

08 Aug 19 @ 15:40

Mobile fraud from mobile devices has rapidly evolved over the past several years. From this small, handheld device, your customers can request a ride, book a babysitter, conduct a video... read more

Real time payments market size worth $39.02 billion by 2025

05 Aug 19 @ 14:05

The global Real-Time Payments (RTP) market size was valued at 6.90 billion in 2018 and is projected to expand at a CAGR of 29.3% from 2019 to 2025. RTPs are... read more

Apple Card set for commercial launch in August

05 Aug 19 @ 12:21

Apple CEO Tim Cook said during the company’s fiscal third-quarter earnings call that the Apple Card will launch in August.The Apple Card, the company’s credit card that was announced at its services... read more

How 5G will revolutionise retail payments

31 Jul 19 @ 15:43

Retail has increasingly become a mobile function to meet the needs of a constantly on-the-go consumer base, especially with the rise in popularity of mobile e-wallets. The introduction of 5G... 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

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more