04 Feb 15 @ 11:39

The value of electronic payments rose by 150% in two years to N35 trillion in 2014, reflecting the impact of the cashless policy. Deputy Governor, Economic Policy, Central Bank of... read more

03 Feb 15 @ 16:39

In her first interview since taking charge at Santander and as part of the FT’s “Democratising finance” series, Ms Botín, the new head of the Eurozones biggest bank – Santander,... read more

03 Feb 15 @ 15:32

The PPRO Group, has partnered with Inpay, the FCA & FINMA regulated bank payments company, to offer global bank transfers from February 2015. Through the PPRO Group, Inpay will enable... read more

03 Feb 15 @ 10:56

A new report has identified the UK as the world leader in e-commerce. Robust broadband and mobile networks, widespread adoption of smartphones and the UK’s love of shopping have combined to give... read more

02 Feb 15 @ 16:20

A new survey has revealed that retailers are more focused on online security than online POS revenue loss. Up to 10% of international customers abandon their basket at the point of payment,... read more

02 Feb 15 @ 16:13

Four bits of credit card metadata is capable of re-identifying nearly 90% of the people, warns a study carried out by Massachusetts Institute of Technology (MIT) researchers. For the purpose of... read more

02 Feb 15 @ 16:04

Nearly two million people have registered for Paym, with the potential to link every current account in the country with a phone number, new figures released by the service show. The mobile payments... read more

02 Feb 15 @ 10:48

Since January, consumers in China are able to receive remittances through the Western Union Money Transfer service from abroad in minutes at select Bank of China branches and sub-branches throughout the country. Western... read more

02 Feb 15 @ 10:39

The Brand Finance Banking 500, conducted by leading brand valuation and strategy consultancy Brand Finance, and published in the February edition of The Banker, is a league table of the... read more

30 Jan 15 @ 13:51

Providing consumers with a secure alternative to an ever-increasing number of passwords and profiles without compromising convenience is the latest frontier in driving consumer acceptance of new forms of payment.... read more

30 Jan 15 @ 11:06

Bharti Airtel, India’s leading telecoms operator, has applied for a banking license, in a potential breakthrough for the country’s under-developed mobile-banking industry. The first telecoms group to declare its intention... read more

30 Jan 15 @ 10:59

“Everything changes but change itself. You cannot step twice into the same river, for other waters and yet others go flowing ever on,” observed Heraclitus of Ephesus (circa 535 –... read more

30 Jan 15 @ 10:41

Tinkoff Bank, Russia’s leading provider of online retail financial services and a large credit card issuer with 4.8 million cards issued, has selected IRIS Analytics’ fraud prevention solution. IRIS has... read more

30 Jan 15 @ 10:35

Google has enabled Send Money in Gmail, a money transfer payment service that will initially only be in the UK and the US. Originally revealed several years ago in the US,... read more

29 Jan 15 @ 12:45

North American IT spending growth is rising steadily and is expected to be 4.5% higher in 2015. Growth will drop slightly in 2016 as IT spending by North American banks... read more

29 Jan 15 @ 12:36

OpenWay has developed WAY4 Host Card Emulation software  – supporting cloud technology specified by Visa and providing value-added financial services for customer attraction and engagement via mobile. WAY4 Host Card... read more

29 Jan 15 @ 12:30

As Apple CEO Tim Cook announced record breaking profits, he understatedly reported that “Apple Pay has got off to a “strong start” since the contactless payment service launched last autumn”. What... read more

29 Jan 15 @ 12:21

Norway’s three leading operators ‒ Telenor, TeliaSonera and Tele2 – are to advance their Strex joint venture for mobile payments. Strex is now able to offer end users a single mobile wallet... read more