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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Verifone launches cloud POS solution

01 Apr 15 @ 13:46

Verifone says that it is launching a new cloud POS solution for small-and-medium-sized businesses (SMBs). The Android-based solution, Verifone Cloud POS, will be distributed through Verifone’s network of ISO and acquirer... read more

US mobile banking and mobile financial services

31 Mar 15 @ 10:43

According to research from the Federal Reserve Board, nearly 40% of banked Americans now use their mobile phone to access their accounts. A survey of 2,900 people on behalf of... read more

Asia Pacific sees 49% growth in contactless payments

31 Mar 15 @ 09:44

MasterCard has revealed that consumers across Asia/Pacific are embracing contactless payments, with the number of unique contactless users (or tappers) in 2014 growing by 49% year-on-year (YoY), in comparison to... read more

Smart terminals still represent big opportunity

30 Mar 15 @ 17:23

As the industry continues its trend toward smart terminals with integrated software for payments and other services, criminals are also stepping up their efforts to secure a new treasure chest... read more

UK is the global leader in contactless payments

30 Mar 15 @ 12:16

According to a new research from Timetric, contactless payments have become a major tool for migrating consumer payments from cash to cards, particularly debit cards. “Contactless cards have gained popularity... read more

Vodafone wallet to accept contactless card payments

30 Mar 15 @ 11:01

Vodafone customers will soon be able to add bank cards to their Vodafone Wallet and use smartphones to pay for goods and services at contactless terminals. Following new agreements with... read more

Apple Pay simplicity raises fraud concerns

27 Mar 15 @ 13:08

A recent rise in fraudulent Apple Pay transactions raises concerns among security analysts that the service’s simplicity may be a major weakness. Users only have to open the app on... read more

Differing forecasts for mobile wallet

27 Mar 15 @ 12:39

Research and opinion on mobile payment trends contain conflicting predictions and conclusions, partly as a result of banks commissioning fewer market studies, leaving researchers to find a new starting point... read more

PayPal fined £5.2m over failure to block malicious users

27 Mar 15 @ 12:09

In an embarrassing moment, PayPal has been forced to pay a £5.2 million ($7.7 million) settlement over alleged sanctions violations including allegations that it processed payments for a man involved in... read more

Middle aged men most likely fraud victims

26 Mar 15 @ 12:18

Recorded fraud victims increased by 25% last year, according to the latest report from the UK fraud prevention service, Cifas, published today. In total there were 276,993 frauds recorded in... read more

ANZ bank integrate HCE wallet

26 Mar 15 @ 11:30

ANZ has announced it will release an HCE mobile wallet application later this year as an upgrade to its popular goMoney app in New Zealand. Available to around 120,000 customers at launch,... read more

Türk Ekonomi Bankası launches mobile payment app using Visa’s HCE technology

26 Mar 15 @ 10:14

Türk Ekonomi Bankası (TEB) has announced it will launch a mobile contactless payment application, powered by Visa Europe’s HCE (Host Card Emulation) technology. The application will use the HCE functionality that... read more

Google’s ‘Pony Express’ Gmail bill payment

25 Mar 15 @ 16:27

Google is reportedly developing a new Gmail feature, Pony Express, that will allow users to receive and pay bills directly from their email inbox. According to Recode, the new project... read more

Global Payments acquires Realex payments

25 Mar 15 @ 15:28

Realex Payments, one of Europe’s largest and fastest growing payment gateways, has been acquired by Global Payments, a leading worldwide provider of payment technology services. “We are thrilled to be... read more

Payment Systems Regulator begins £75 trillion UK payment industry oversight

25 Mar 15 @ 11:13

On April 1st,, in what will be a landmark date for UK financial regulation, The Payment Systems Regulator (PSR), the new economic regulator for payment systems, has confirmed how it will regulate... read more

Monitise rejects sale, Lukies ejected

25 Mar 15 @ 09:36

Former mobile banking darling Monitise has decided not to sell itself, but a strategic review of its “options” has led to its founder and co-CEO Alistair Lukies stepping down from the... read more

Mobile money transfers double

24 Mar 15 @ 15:07

New research from remittance specialist Azimo, demonstrates that the percentage of money transfers sent from mobile phones has more than doubled in the 12 months to January 2015. Azimo’s research found that... read more

Digital tipping point: Banks must focus on innovation to harness opportunities

24 Mar 15 @ 11:42

A major new report sets out key recommendations for the banking industry and urges regulators to give consumers certainty that their money is equally well-protected wherever they choose to bank.... 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