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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Western Union’s Omni-Channel strategy is gaining momentum

14 Jul 15 @ 14:29

The Western Union Company and PKO Bank Polski, the largest Polish bank, have enabled Western Union Money Transfer transactions originated from nearly anywhere in the world to be paid out at more... read more

Walmart India in deal with M-Pesa

13 Jul 15 @ 16:11

Vodafone India has formed a strategic partnership with Walmart India that will enable business members of Walmart-owned Best Price wholesale stores to make payments using the M-Pesa mobile wallet services. The partnership will... read more

Danish Bitcoin outfit launches Bitcoin debit card

13 Jul 15 @ 15:49

The Danish Bitcoin outfit CCEDK has announced that it is coming out with its own Bitcoin debit card. In addition to strictly storing the funds as Bitcoin or USD, the user... read more

Nigerian mobile money transactions hit $3.5 billion

13 Jul 15 @ 12:08

Nigeria has recorded a total transaction of N700 billion, about $3.5 billion, through the mobile money banking system since 2012, according to the  Central Bank of Nigeria (CBN). The Director,... read more

AmEx reveals online checkout service

13 Jul 15 @ 11:57

American Express has revealed an online checkout service that works across desktop, mobile and apps to let US card holders make payments with their existing AmEx user ID and password, without having... read more

An introduction to the Trusted Execution Environment for mobile services security

13 Jul 15 @ 11:46

GlobalPlatform, the organization which standardizes the management of applications on secure chip technology, has published a white paper, which introduces the Trusted Execution Environment (TEE) and examines its role in addressing an... read more

Debit card dominates Australian payments market

10 Jul 15 @ 11:37

Debit card transaction values increased from $274.9 billion in 2010 to $315.3 billion in 2014, at a CAGR of 4.90%; while, the credit card transaction values recorded a CAGR of... read more

Antitrust: Commission sends Statement of Objections to MasterCard on cross-border rules and inter-regional interchange fees

09 Jul 15 @ 14:54

The European Commission has sent a Statement of Objections to MasterCard. The Statement of Objections outlines the Commission’s preliminary view that MasterCard’s rules prevent banks from offering lower interchange fees... read more

Microsoft forced into uncomfortable u-turn on Nokia

09 Jul 15 @ 14:45

Once the darling of the mobile handset world, the acquisition of Nokia by Microsoft was supposed to unleash a new powerhouse in mobile handsets. Unfortunately, as Tom O’Meara writes, The longer... read more

Bitcoin: The stats so far

09 Jul 15 @ 14:35

Has Bitcoin, the universal crypto currency, finally gone mainstream?

Giesecke & Devrient receives Visa certification for HCE

09 Jul 15 @ 14:28

Giesecke & Devrient (G&D) has been certified “Visa Ready” by Visa for HCE (Host Card Emulation) cloud based payment services. With the Visa Ready status, Visa ensures that technology and... read more

Apple files P2P patent

08 Jul 15 @ 16:06

Apple Pay is missing an essential feature that it needs to stop people using other mobile payments apps: P2P. But, according to media reports, it looks like Apple is planning to change... read more

Euro Retail Payments Board seeks P2P mobile payment interoperability

08 Jul 15 @ 15:58

The Euro Retail Payments Board (ERPB) is seeking to drive greater P2P mobile payment interoperability with providers across the continent working closer together. Following its latest meeting, the ERPB (set up... read more

Visa ditch Monitise

08 Jul 15 @ 15:49

Monitise has been notified by Visa Europe that it will reduce its shareholding over time while continuing to work with the Company throughout the duration of its current commercial agreement.... read more

UK release date revealed – Apple Pay expectation high

08 Jul 15 @ 12:13

According to press reports, private documents belonging to one of the biggest retailers in the UK reveal that  Apple Pay will be coming to UK stores on the 14th July. The leaked... read more

Voice biometrics – securing transactions and improving customer experience

07 Jul 15 @ 14:41

ValidSoft secures transactions and delivers a positive users experience. Built around voice biometrics ValidSoft’s multifactor authentication solution ensures strong security that’s incredibly simple for the user.

Autralian regulator voices concerns over cloud risks

07 Jul 15 @ 14:16

The Australian Prudential Regulation Authority (APRA) has released an information paper on prudential considerations and key principles in relation to outsourcing involving shared computing services, including the cloud. The information paper... read more

Lloyds Bank trials NFC for mobile banking authentication

07 Jul 15 @ 14:05

Lloyds Bank trials are exploring how the use of Near Field Communication (NFC) and contactless technology can improve the registration process for those setting up mobile banking. The ‘tap to... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more