Mobile Wallet

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Co-op extends its cashierless technology trial in UK

31 Jul 19 @ 14:43

The UK’s Co-op is continuing to make changes in-store with the rollout of more cashierless technology into more convenient stores as cash-use continues to drop. The retailer is extending its... read more

Start winning with omni-channel and Apple Pay

30 Jul 19 @ 11:50

Speed and convenience – these are the main ingredients consumers look for in a shopping experience today. If you’re short on either of these, big chances are your shop, either... read more

WhatsApp Pay prepares to take advantage of Indian digital payments momentum

29 Jul 19 @ 15:33

WhatsApp Pay has been around in India for over a year now but the service is yet to receive its official rollout. Facebook is still in the process of getting... read more

Digital banking only? Younger consumers demand bricks and mortar services

29 Jul 19 @ 10:21

The rush to digital banking and to close high street bank branches may be premature, according to the latest Somo White Paper – Are digital only brands the future of... read more

P2P drives mobile money to exceed 200 billion transactions

19 Jul 19 @ 09:35

New data from Juniper Research has found that the volume of domestic money transfers via mobiles will exceed 203 billion in 2024, up from 130 billion in 2019. Domestic P2P payments will... read more

LG Pay finally launches mobile payments in US

19 Jul 19 @ 09:21

LG Electronics has reportedly launched its mobile payment app in the US. The LG Pay app will be available for download across select LG phones. Reports cite, LG also recently... read more

Infographic: Libra cryptocurrency by Facebook

10 Jul 19 @ 10:34

Facebook has officially revealed plans for its much anticipated global cryptocurrency LibraCoin, with the backing of a number of major companies. Facebook’s ambitions for the new currency, called LibraCoin, were made... read more

Only half of global banks are making significant advancements in digital transformation

21 Jun 19 @ 10:08

The $1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth,... read more

World’s first e-money license for blockchain issued

18 Jun 19 @ 09:31

Monerium has received a license from the Financial Supervisory Authority of Iceland to issue e-money on blockchains through its subsidiary, Monerium EMI. The full license is the world’s first e-money... read more

APAC mobile wallet market to hit $140 billion by 2024

14 Jun 19 @ 15:33

The Asia Pacific mobile wallet market is set to grow from its current market value of more than $35 billion to over $140 billion by 2024. The increasing penetration of... read more

Report: The future of US mobile payments

11 Jun 19 @ 14:24

The future of mobile payments, both in the US and around the world, will likely be determined by the success of the OEM Pay wallets. Data from Juniper Research indicates... read more

International digital remittances to reach $525 billion by 2024

11 Jun 19 @ 09:20

New data has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. According to Juniper Research, the mobile channel will become... 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