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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Yaap launches “Yaap Shopping”

12 Jun 14 @ 10:52

Yaap, the joint-venture between CaixaBank, Banco Santander and Telefónica, has signaled the beginning of its business operations with the launch of its first service, Yaap Shopping, in the cities of... read more

Proxama and PrePay Solutions partner to drive mobile HCE payments

12 Jun 14 @ 10:42

Proxama, the global mobile marketing, loyalty and payments company has partnered with PrePay Solutions (PPS), to provide mobile contactless payment solutions, via HCE, to PPS’s customer base. PPS (jointly owned by Edenred... read more

One in five financial institutions makes a single investment of $10m+ in FinTech annually

12 Jun 14 @ 09:47

Major FinTech investments occur every six months in financial institutions, with 21% of them valued at $10m or more, according to research released today by CCgroup, a London-based B2B technology... read more

Powa Technologies acquires MPayMe to expand global footprint

12 Jun 14 @ 09:09

Powa Technologies Group has announced the acquisition of Hong Kong-based mobile expert MPayMe in a move that will vastly increase its global reach and provide a leading payment solution for... read more

70% of US credit cards to be EMV enabled by the end of 2015

11 Jun 14 @ 14:26

By the end of 2015, 70% of US credit cards and 41% of US debit cards will be EMV enabled, says Aite Group. In a new research report, EMV: Lessons... read more

Contrasting HCE and SIM secure element approaches to NFC payments

11 Jun 14 @ 10:17

Digital payments experts Consult Hyperion, in conjunction with the GSMA, have published a guide to help banks and mobile operators understand the Host Card Emulation (HCE) and SIM Secure Element... read more

Bank of England launches cyber security framework

11 Jun 14 @ 09:30

The UK finance industry has launched a cyber security framework for sharing detailed threat intelligence, testing cyber security and benchmarking financial service providers. The CBEST framework was developed by the Council of Registered... read more

Tesco Bank takes on High Street banks with current account

10 Jun 14 @ 12:31

Tesco Bank has launched its delayed current account, tempting customers with 3% interest and extra Clubcard points. The supermarkets banking arm is firmly trying to position itself as a challenger... read more

Amazon expands role in online payment push

10 Jun 14 @ 12:05

Amazon.com Inc will start managing online payment subscriptions for start-ups and other companies – the latest in a series of quiet moves the e-commerce giant has made into PayPal’s turf over the past year.... read more

What customers want from a mobile wallet

10 Jun 14 @ 11:28

New research by Aite Group in its report, Money Goes Mobile, tracks the evolution of the digital wallet ecosystem, mobile wallet growing pains and the success stories emerging as an... read more

Carrier Billing growing 46% per year and boosting the App ecosystem

10 Jun 14 @ 11:19

Mobile commerce is the fastest growing trend within the mobile industry, and mobile is the key ecosystem for the digital economy today. Juniper Research affirms that the value of digital content billed... read more

Sberbank launches HCE payments in Russia

10 Jun 14 @ 09:15

Russian bank Sberbank, Europe’s third largest bank with 100 million customers, has begun piloting NFC payments in Moscow using embedded secure elements. It will follow the trial with a service using host... read more

Barclays set to launch contactless payments wristband

09 Jun 14 @ 15:35

Barclays has announced plans to tap into demand for wearable devices, with the launch of a trial of its bPay contactless payments wristband. Around 7,000 consumers will be able to... read more

Bank hits back in mobile payments battle

09 Jun 14 @ 11:35

Equity Bank is set to launch its Mobile Virtual Network Operator (MVNO) services in July 2014 after a successful foray in the local and regional banking sector – a key... read more

Cash still comprises half of UK payments

06 Jun 14 @ 16:02

The UK Payments Council has published figures showing that 19.9 billion cash payments worth a total of £260 billion were made during 2013, comprising 52% of all payments. The Council’s... read more

Apple’s iOS8 adopts credit card scanning

06 Jun 14 @ 15:58

Tech giant Apple has incorporated a new feature into its iOS8 operating system and browser Safari, allowing credit card scanning for users with their iOS device cameras at merchant sites. The... read more

mPOS player Square launches invoicing platform

06 Jun 14 @ 15:55

mPOS pioneer Square has unveiled an invoicing platform known as Square Invoices. Invoices are free to use for an unlimited number of invoices without a monthly fee, and for customers... read more

Banks pinning hopes on mobile banking app

05 Jun 14 @ 16:45

Banks may have to follow Apple’s example and launch their own banking app store, new research indicates. As mobile commerce makes headway around the word, within the next two years,... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more