Mobile Wallet

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The rise of digital and mobile wallet: Global usage statistics from 2018

26 Nov 18 @ 18:31

In 2014, Apple launched their first mobile wallet app, followed by Samsung and Android a year later. By 2022, it’s estimated that the transaction value of mobile payment apps will... read more

Orange and MTN launch interoperable African mobile money service

23 Nov 18 @ 16:29

There are an estimated 690 million people who use mobile money services across the world, over 100 million of whom live in Africa. Now, Orange and MTN Group have launched... read more

Amazon reported to launch mobile wallet Amazon Pay

23 Nov 18 @ 16:16

Amazon is reported to be  planing to gear up its challenge to Apple Pay in the mobile-payments race with its own mobile wallet Amazon Pay. The e-commerce giant is working to... read more

Cards remain king as mobile payments fail to hit the big time

21 Nov 18 @ 17:33

Mobile payments hit the mass market in 2014 with the introduction of Apple Pay and was hailed as the next revolution in payments. Partnerships with major payment providers such as... read more

Base of IoT devices to hit 75 billion – TEE spec adoption to reach 10 billion

21 Nov 18 @ 09:33

GlobalPlatform, the standard for secure digital services and devices, has reported a 25% increase in the number of Trusted Execution Environment (TEE)-enabled processors being shipped quarterly, year-on-year. At this rate,... read more

Innovation in Retail Banking – A decade in review

20 Nov 18 @ 10:00

Over the years, there has been a growing realisation in banking towards innovation as the proven path to differentiation and competitiveness. While the transformation has been slow, over the last... read more

FinTech M&A: How its shaping the financial future

19 Nov 18 @ 16:26

FinTech M&A is at record levels. The competition is fierce as incumbents battle to stay ahead of the curve as the financial services sector is undergoes a technology-driven metamorphosis. Highly-publicised... read more

National Bank of Greece strengthens market leadership with WAY4

16 Nov 18 @ 12:23

National Bank of Greece has replaced its legacy mainframe systems with WAY4, a modern, future-proofed platform from OpenWay. WAY4 will support increasing transaction volumes and accelerate the development of new... read more

Global smartphone shipments declined for the last two consecutive quarters

15 Nov 18 @ 06:49

According to preliminary IHS Markit smartphone data, global smartphone shipments recorded a negative year-over-year growth rate for two consecutive quarters in 2018. Shipments totalled 354.8 million units in the third... read more

UK m-commerce to take over desktop shopping by 2023

14 Nov 18 @ 16:15

UK consumers are on an endless mission for convenience as mobile continues its ascent to dominance as the most popular shopping channel. Growing at a rate of 16% annually in... read more

US EMV migration fails to halt rampant payment card fraud

12 Nov 18 @ 12:42

In 2015, the US financial industry began a massive migration to the EMV standard in response to overwhelming levels of payment card fraud. The inherent security of EMV technology in... read more

Mobile bank N26 launches in four new territories

09 Nov 18 @ 16:50

Digital challenger N26, the mobile bank from Berlin and founded in 2013, has been growing rapidly, entering into additional European markets. As of this week, the mobile bank is also available... 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