Mobile Wallet

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Global mobile wallet usage mapped

27 Feb 19 @ 21:22

Forecasts predict that by 2022, just 17% of global payments will be made by cash. Meanwhile, digital and mobile wallet usage will continue to rise, accounting for 28% of all... read more

Apple Pay adoption continues to rise as 43% of base now registered

25 Feb 19 @ 17:13

In December 2018 on the earnings call for Apple, analysts were given several incremental data points on the usage of Apple Pay. It may seem like an insignificant piece of... read more

PayPal CEO: Payments market to hit $100 trillion

25 Feb 19 @ 14:33

Dan Schulman, the CEO of PayPal has gone on record with CNBC and said that the digital payments industry may become a $100 trillion market as the financial technology sector... read more

US spending snapshot: Electronic payments doubled year-over-year

25 Feb 19 @ 14:20

The U.S. Spending Snapshot shows growth in consumer spending via electronic payments like credit cards, debit cards and mobile wallets more than doubled year-over-year from the third quarter (Q3) 2017... read more

Whats going on and where: Payments markets to watch in 2019

19 Feb 19 @ 07:52

As a leading payments market, credit and debit card payments account for the vast majority of the UK’s online purchases, particularly with the introduction of contactless. However, this doesn’t ring... read more

Ant Financial makes big step into Europe with $700 million WorldFirst deal

14 Feb 19 @ 21:28

Ant Financial has finally managed to make its mark in a significant European first. The Chinese financial services giant has agreed to buy UK payments group WorldFirst in a deal... read more

Report: 2018 trends in Chinese mobile payments abroad

12 Feb 19 @ 16:58

Travelling abroad is no longer a luxury for many Chinese citizens as they are now enjoying rising incomes and better living standards. According to the latest statistics from the China... read more

Yoyo launches omni-channel platform to redefine retail experience

11 Feb 19 @ 10:14

Yoyo says it has combined its in-store digital payments and loyalty experience with a unique  e-commerce solution, enabling retailers to deliver the world’s first integrated and rewarding omni-channel buying experience... read more

Societe Generale selects HPS to develop payment operations in Africa

08 Feb 19 @ 13:18

Societe Generale, one of Europe’s largest banks with operations across the world, has selected HPS to improve the payment processing activities for ten African subsidiaries. By migrating to HPS’ technology,... read more

All eyes East: Will China dominate payments innovation?

05 Feb 19 @ 09:00

The development of the Chinese payments industry in recent years has been breathtaking. Here are a few proof points: China’s mobile payments sector dwarfs the US. In 2017, China saw... read more

Phygital: is e-commerce crossing the line and moving in-store?

04 Feb 19 @ 15:55

Phygital payments are on the rise. While payments vendors continue to pitch and strategise with a focus on omni-channel, the omni-channel story has already moved on. Omni-channel remains important and the... read more

Curve consider legal action against American Express

04 Feb 19 @ 09:37

Curve says it is considering legal action against American Express after the card network blocked its customers from using Curve’s services this week. Curve enables users to load all of... 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