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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

The fall and rise of Tokenization

13 May 15 @ 17:04

Apple Pay has breathed new life into tokenization and the use of tokenization has seen a revival due to new technology approaches that remove associated operational risks and complexities and... read more

Bit by Bitcoin: Decrypting the crypto-currency phenomenon

13 May 15 @ 16:58

Such is the fervour around virtual currencies that barely a day goes by without some form of news or announcement about the growth and threat of digital currencies but what... read more

Starbucks mobile app hacked – a “Venti” problem

13 May 15 @ 12:06

News has reached us that credit card hackers are targeting Starbucks gift card and mobile payment users and stealing from consumers’ credit cards. This new scam is so ingenious, the... read more

Over €100 million of payments initiated via MyBank

12 May 15 @ 17:16

PRETA S.A.S. announced today that the growing take-up of MyBank by consumers and businesses has started to translate into a significant pick-up of the value of transactions initiated via MyBank.... read more

ACI commits to expansion of UK Faster Payments

12 May 15 @ 17:07

ACI has signed a Letter of Commitment in support of the UK Faster Payments Scheme’s New Access Model, to operate as both ‘single tenant’ and ‘multi-tenanted’ aggregator. Launched in December 2014,... read more

Orange Cash rolls out in Spain

11 May 15 @ 12:32

The mobile payment service Orange Cash is to be rolled out in Spain. As part of the strategic alliance with the mobile operator Orange, Wirecard will provide the E-Money and... read more

Visa Inc offers $20 billion for Visa Europe

11 May 15 @ 11:17

Visa Inc is rumoured to be in early-stage talks to buy its former European subsidiary in a deal that could be worth as much as $20bn, people familiar with the matter... read more

New European payments processor Nuapay launches

08 May 15 @ 12:51

According to press reports, Irish payments group Sentenia has launched a service called Nuapay that will offer businesses a non-bank alternative for payment processing. This follows legislation introduced by the European... read more

Shipments of secure elements jump by over 12% in 2014

08 May 15 @ 10:31

Eurosmart has released the 2014 figures for the worldwide secure elements shipments and the smart secure contactless markets as well as the corresponding 2015 forecast. The data provided by Eurosmart... 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