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E-commerce processor WePay raises $40 million

20 May 15 @ 16:33

E-commerce payment processor WePay has raised $40 million in a Series D funding round led by FTV Capital and including Japan’s Rakuten. WePay will use the funding to expand in... read more

iZettle launches contactless dongle

19 May 15 @ 13:53

mPOS specialist iZettle has launched a new hardware dongle that includes both chip and PIN and contactless payment functionality, along with support for Apple Pay. The Card Reader Pro Contactless... read more

WorldRemit launches in five new countries

19 May 15 @ 13:49

Online money transfer service WorldRemit has launched in five countries in South America and Eastern Europe. WorldRemit customers can now send money transfers direct to the bank accounts of their... read more

BancNet selects Gemalto to secure mobile banking

19 May 15 @ 13:45

Global digital security specialist Gemalto has been selected by BancNet of the Philippines to secure its mobile banking services. BancNet’s network consists of 116 local and international banks, serving over... read more

Ripple reaps $28 million funding round

19 May 15 @ 13:42

Digital currency specialist Ripple Labs has secured a $28 million Series A funding round. IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate... read more

MasterCard face EU Antitrust complaint over fees

18 May 15 @ 17:13

MasterCard is reportedly poised to receive an antitrust complaint from European Union watchdogs probing card-payment fees, according to three people with knowledge of the case. Regulators may send a statement... read more

Samsung partners for Samsung Pay launch in Europe

18 May 15 @ 15:13

Oberthur Technologies (OT) has announced its partnership with Samsung for the deployment of Samsung Pay in Europe later this year. The Samsung Pay service will allow Samsung Galaxy S6 and S6 Edge... read more

Samsung Wallet discontinued as LoopPay transaction revealed

18 May 15 @ 14:59

Samsung Wallet will no longer be available for users beginning on June 30, 2015, according to an email sent to users as the handset giant preps Samsung Pay. Back in... read more

Mobile proximity payments

18 May 15 @ 13:02

In a new report, Aite Group details how the installation of NFC-capable payment terminals, prevalence of NFC-capable smartphones, and emergence of tokenization and biometrics have created a great deal of... read more

Axis Bank deal with WhatsApp for P2P mobile payments

18 May 15 @ 12:56

According to recent press reports, Axis Bank of India is set to introduce a P2P mobile payments system which will let the customers send money to anyone through WhatsAPP, Twitter, Facebook... read more

Retail banks must change to face realities of digital world

18 May 15 @ 12:39

Retail banks are facing the toughest of trading conditions, claims a new report from Oracle which says that three quarters lack suitable technology to complete the path to a digital... read more

PayPal to List on Nasdaq

15 May 15 @ 12:53

According to web rumours, EBay payments unit PayPal plans to trade on the Nasdaq Stock Market when the two companies split later this year. PayPal said it would use the ticket symbol... read more

Global smartphone sales of $96bn set a new Q1 record

15 May 15 @ 11:50

In the first quarter of 2015, global smartphone unit demand increased +7%, compared to the same period last year. Sales reached 310m units, with growth down from +19% year-on-year in... read more

What do millennials want from an ATM

15 May 15 @ 11:03

Millennials are the biggest population group since the baby boomers and they couldn’t be more different from that post-war generation. Most obviously, because they’ve grown up behind a screen – computer, game... read more

Apple Pay ready for China mobile payments launch

14 May 15 @ 16:41

Apple CEO Tim Cook has strengthened speculation about the next destination for its mobile payment service Apple Pay with comments to Xinhua on a visit to China. “We very much... read more

Fujitsu iris-recognition technology

14 May 15 @ 15:32

Iris-scanning technology promises to kill the password with the launch of a new smartphone that looks into users’ eyes to unlock it. The new smartphone made by Fujitsu and sold... read more

Powa Technologies to revolutionise advertising

14 May 15 @ 15:25

Rai Advertising, the exclusive advertising group for Rai, Italy’s largest broadcaster, has signed a strategic partnership with mobile technology leader Powa Technologies Limited to introduce its innovative PowaTag mobile commerce... read more

Banks rethink business models as PSD2 comes into effect

13 May 15 @ 17:29

According to the PSD2 and XS2A – regulation or opportunity report, Europe’s banks are engaged in a do-or-die effort to prepare for the 2016 introduction of new payments regulations that are expected to... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more