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Xiaomi offers interest bearing mobile wallet

20 Mar 15 @ 11:07

Chinese smartphone maker Xiaomi is the latest tech company to cross over into financial services by offering an interest bearing mobile wallet. Xiaomi began public beta testing Tuesday of an... read more

Multi-channeI is biggest payment challenge for UK retailers

19 Mar 15 @ 10:37

Multi-channel retailing was named as the biggest payment challenge facing retailers by nearly half (47%) of respondents to Ingenico Group’s survey at this year’s RBTE. Ingenico has revealed the results of... read more

Facebook Messanger P2P payments

19 Mar 15 @ 10:30

Facebook is bringing P2P payments to its Messenger application. The strategy will help Facebook keep users on its platform and add value while opening the door to promotion and loyalty capabilities... read more

Banks deploying diverse mix of technologies to transform their branches and the customer experience

19 Mar 15 @ 10:18

Faced with mounting cost pressures and the increasing popularity of digital channels, many financial institutions are undertaking wholesale re-evaluations of their branch strategy, affecting network size, shape, technology and staffing.... read more

Rakuten to accept Bitcoin on global marketplaces

18 Mar 15 @ 10:27

Rakuten has announced that it plans to enable customers to choose bitcoin as a payment option by integrating Bitnet’s payment processing platform on a number of its marketplaces. The Internet services giant... read more

Bitcoin users to approach 5 million by 2019

18 Mar 15 @ 10:20

A new report from Juniper Research has found that the number of active Bitcoin users worldwide will reach 4.7 million by the end of 2019, up from just over 1.3... read more

Banking app prototype for Apple Watch

18 Mar 15 @ 10:02

Misys has unveiled what it claims to be the first banking app prototype for the Apple Watch. Developed by a team at Misys Labs, the company said the technology would... read more

TfL achieves one million contactless taps a day

17 Mar 15 @ 16:07

Travellers on the London public transport network used their contactless payment cards to pay for more than a million journeys on a single day last week. Transport for London (TfL),... read more

Alibaba unveils facial recognition payment tech

17 Mar 15 @ 16:04

Chinese e-commerce player Alibaba is developing facial recognition technology enabling mobile shoppers to replace their passwords with photos of their faces. According to Alibaba chairman Jack Ma, such biometric technology... read more

mPOS player Payleven arrives in Ireland

17 Mar 15 @ 16:02

Payleven, a European mPOS specialist, has announced the launch of its 11th market in the Irish Republic. Irish business owners can accept card payments without fixed costs, contractual obligations or... read more

TD Bank updates mobile app

17 Mar 15 @ 16:00

Canada’s TD Bank Group has announced a redesign of its popular TD app for Android and iPhone smartphones, in order to create a more intuitive, simplified experience for customers. The... read more

Changing fraud trends – and how to stay ahead of them

16 Mar 15 @ 16:21

The recent Card Fraud Report from Payments Cards & Mobile and Alaric, an NCR business, highlights the way that card fraud is always changing. In this webinar, David Divitt from... read more

PayPal ramps up operations in Africa

16 Mar 15 @ 12:59

PayPal says that its operation in Nigeria is its second largest market in Africa. Malvina Goldfeld, Head of business development, sub-Saharan Africa at PayPal told ITWeb Africa that South Africa remains... read more

IBM to create blockchain-based digital payments infrastructure for central banks

16 Mar 15 @ 12:28

IBM is rumoured to be considering adopting the underlying technology behind bitcoin, known as the blockchain, to create a digital cash and payment system for major currencies, according to a person... read more

Alipay and PPRO collaborate on alternative payments for AliExpress in Europe

16 Mar 15 @ 12:10

The PPRO Group, will collaborate in Europe with Alipay to offer new payment options for online shoppers of AliExpress, a global online marketplace for consumers to buy directly from Chinese... read more

Apple Pay consumer adoption study

13 Mar 15 @ 12:18

Auriemma Consulting Group (ACG) have launched its Apple Pay Tracker, a longitudinal study that will monitor adoption and usage of the mobile wallet throughout 2015. The study, comprising bimonthly surveys of... read more

Relentless rise of ID fraud

13 Mar 15 @ 11:59

Experian has revealed that fraud detection rates have increased during the past year*, with around 50 frauds now being detected per 10,000 cases during Q4 2014 – compared to 40 frauds detected... read more

UK shuns cash as cards dominate payment market

12 Mar 15 @ 11:59

The way we pay for everything is changing, with more digital transactions than ever before. But how close are we to the tipping point? This weekend saw the end of... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more