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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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European ATM crime incidents fall 26%

13 Apr 15 @ 16:36

In a European ATM Crime Report covering the full year 2014 EAST (European ATM Security Team) has reported that ATM related fraud incidents fell 26% when compared to 2013, although... read more

PayPal free to work with eBay rivals

13 Apr 15 @ 15:43

New filings reveal that eBay and PayPal will soon be free to do business with their most entrenched enemies. Under an agreement detailed in a regulatory filing from eBay, the companies will... read more

The global mobile money landscape

13 Apr 15 @ 15:31

The mobile money sector is one of the most fluid in the whole of the mobile ecosystem, with more players entering and exiting, new tech and services being launched or... read more

Apple Pay performance problematic at POS

13 Apr 15 @ 12:01

Just months after Apple Pay went live, the adoption rate came in at an impressive 11% of all credit card-owning households and 66% of iPhone 6 owners, according to new... read more

Europeans favouring mobile payments

09 Apr 15 @ 15:37

Around 185 million consumers in Europe are expected to use mobile payment apps over the next 12 months, according to an ING survey of more than 14,000 individuals around the... read more

BBVA Compass teams up with Dwolla for real-time payments

09 Apr 15 @ 15:33

BBVA Compass customers is teaming up with the Dwolla digital currency platform to enable consumers to make real-time payments. BBVA Compass is bypassing the traditional routes and using Dwolla’s FiSync... read more

CBA launches apps for Apple and Android wearables

09 Apr 15 @ 15:30

Commonwealth Bank of Australia (CBA) has released new apps for Apple and Android wearables such as smart watches. CBA’s apps for Android and Apple smart watches will allow users to... read more

Digital currency regulator should be global body

08 Apr 15 @ 15:41

Regulation of the digital currency marketplace would need to be co-ordinated by a global body such as the Basle-based Bank for International Settlements, according to the Reserve Bank of Australia.... read more

Microsoft gears up for HCE-based mobile payments

08 Apr 15 @ 15:37

Tech giant Microsoft is planning a move into host card emulation (HCE) mobile payments by preparing for the regulatory approvals needed for the launch of such a service. Microsoft unveiled... read more

Square launches customer engagement tools

08 Apr 15 @ 15:32

mPOS player Square is launching a new suite of customer engagement tools aimed at small businesses. The new tools will work in conjunction with the Square Register service in order... read more

Internet spending is one-third of UK card expenditure value

07 Apr 15 @ 13:39

New figures published by the UK Cards Association show that 30% of the value of all spending on cards in January was via the internet, with £15.4 billion of the... read more

Intel and Ingenico team up for Internet of Things

07 Apr 15 @ 13:35

Ingenico Group and Intel Corporation have announced a collaboration to combine Intel technology and Ingenico Group secure payment acceptance for the Internet of Things. The companies will jointly develop a... read more

Poland’s Idea Bank launches mobile ATM fleet

07 Apr 15 @ 13:32

Poland’s Idea Bank is launching a fleet of automobiles fitted with ATMs which can be ordered by smartphone. The bank has fitted four electric BMW i3 automobiles with built-in cash... read more

Advanced Payments Report 2015

07 Apr 15 @ 09:54

Our Advanced Payments Survey, sponsored by American Express, as in previous years, indicates that industry opinion on what is required to develop a successful mobile payment service remains the same. Smooth or “frictionless” consumer interaction designed to work intuitively consistently scores at the top of the table for key success factors.

New Zealand mobile wallet JV

02 Apr 15 @ 11:39

Some of New Zealand’s biggest banks and telcos have joined forces to launch Semble, a SIM-based NFC mobile payments service. Telcos Vodafone, 2degrees, Telecom teamed up with bank-owned payments network... read more

Post Office to accept American Express

02 Apr 15 @ 11:30

The Post Office has announced it will accept American Express Cards in all of its 11,500 branches making it the largest UK retail network to do so. The introduction of American... read more

Payment Systems Regulator takes aim at Vocalink

02 Apr 15 @ 11:25

The Payment Systems Regulator, which launched on Wednesday, will open up access of the infrastructure underpinning financial transactions, from mobile payments to house purchases. The largest lenders, such as Lloyds,... read more

Online fraud – an unrelenting, unforgiving battleground…

01 Apr 15 @ 14:56

The recent release of the annual UK fraud figures describes an interesting picture of some successes and some areas for continued concern and renewed action. First, the headline successes. Fraud... 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