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Mobile operators scrap Weve

15 Sep 14 @ 13:08

As history repeats its self, Weve, owned by EE, O2 and Vodafone, has ditched plans for a joint mobile wallet, based on NFC, which was meant to help the operators... read more

US push ahead with faster payments initiative

15 Sep 14 @ 12:26

The U.S. Federal Reserve has restated its commitment to push for development of a faster payments system, with the Fed’s financial services policy committee saying officials will prepare and share... read more

Apple Pay to work with China UnionPay

12 Sep 14 @ 13:02

Apple may work with China’s leading issuer of credit cards China UnionPay to offer Apple Pay via NFC (Near Field Communication) supported payment systems with its latest smartphone, the iPhone... read more

Canada nears agreement on lower credit card fees

12 Sep 14 @ 12:53

Joe Oliver, the Canadian Finance Minister, is said to be pressing credit card companies and banks to accept lower credit card fees paid by retailers, which the government claims are among... read more

Mobile commerce worth $516 billion by 2017

12 Sep 14 @ 12:44

Mobile commerce will drive an estimated $516 billion in sales over the next three years, accounting for more than 70% of all mobile Internet revenue. That is the prediction of... read more

Citi claims first blood for US digital wallet launch

12 Sep 14 @ 11:16

Citigroup has claimed to be the first global bank to introduce its own branded digital wallet in the US. However, questions are being asked as to how many of Citi’s... read more

UK contactless payments hit new highs

11 Sep 14 @ 11:15

Worldpay has hit more than 100 million contactless payments, marking a major milestone for UK businesses as increasing numbers of consumers continue to reject cash in favour of cards. With... read more

Millicom create payments service provider for Africa and Latin America

11 Sep 14 @ 10:54

Millicom and Kalixa have established a joint venture to develop a payments service provider to operate in Africa and Latin America, initially commencing in Colombia and Brazil later this year.... read more

Retailers welcome ruling on card fees

11 Sep 14 @ 10:36

UK retailers have today welcomed an historic court ruling to end card fees retailers pay banks to process card payments (known as interchange fees). Today’s judgement by the European Court... read more

Apple Pay explained

10 Sep 14 @ 11:19

A nice, neat explanation of the salient points of Apple Pay: User: iTunes account with Visa or MasterCard or Amex card on file and issued by the most popular banks,... read more

World Retail Banking Report 2014

10 Sep 14 @ 10:06

For the first time in three years, global Customer Experience has declined reflecting an inflection point in customer expectations finds the World Retail Banking Report 2014. Future customers, mainly Gen... read more

Has Apple underwhelmed with Apple Pay?

10 Sep 14 @ 09:38

The concept of mobile payments, mobile money, and mobile wallets has been around for some time and many major companies have had a go at it. Some progress has been... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more