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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Payments Council posts blueprint for UK’s payments infrastructure

17 Jun 13 @ 00:00

The publication of the first ever Payments Roadmap – An Initial Report today (17 June 2013), spells out the Payments Council’s revolutionary approach towards assessing the options for building on the world... read more

Kuwait International Bank launches mobile payment in Middle East

17 Jun 13 @ 00:00

Adyen announced findings from its inaugural Global Mobile Payments Index – taken from over 10 months of payments analysis – showing that worldwide mobile payments transactions on its platform have increased by 75%,... read more

Starbucks goes contactless in the UK

17 Jun 13 @ 00:00

Starbucks, Barclaycard Global Payment Acceptance and Visa Europe have confirm that over 550 company owned  Starbucks stores in the UK accept contactless payments, making it even faster and easier for... read more

Unveils its next generation online payment fraud protection tool

17 Jun 13 @ 00:00

Ogone has upgraded its on-line fraud protection package with the latest detection technology tools and launched a new product, Ogone Fraud Expert . Merchants are being offered improved protection against online fraudsters... read more

Google Wallet – nightmare continues

12 Jun 13 @ 00:00

Google Wallet has become a large money pit. The company has dedicated hundreds of developers to Wallet and spent about $300 million to acquire digital payment startups to help develop the app.... read more

Apple granted a key iWallet patent for Mobile Pay service

12 Jun 13 @ 00:00

On June 11, 2013, the US Patent and Trademark Office officially published a series of 37 newly granted patents for Apple Inc. In this report we cover a key iWallet... read more

China Mobile and UnionPay announce launch of NFC Payments service

12 Jun 13 @ 00:00

China Mobile and China UnionPay announced on Sunday the launch of an NFC service and mobile wallet, integrating China UnionPay’s contactless payment QuickPass with China Mobile’s mobile wallet services. So... read more

SoftBank Mobile further expands Japan’s mobile NFC ecosystem

12 Jun 13 @ 00:00

SoftBank Mobile has announced its selection for the commercial launch of mobile NFC services in Japan. This launch further expands Japan’s NFC ecosystem, with two major mobile operators having launched NFC services,... read more

MasterCard brings mobile payment to Taiwan

12 Jun 13 @ 00:00

MasterCard has brought its near field communications (NFC)-based mobile payment service to Taiwan, in collaboration with mobile operator Chunghwa Telecom and four local banks, and is expected to be operational... read more

EVO Payments International completes acquisition of Deutsche Card Services

12 Jun 13 @ 00:00

EVO Payments International, LLC (“EVO”), a leading payments service provider, announced today the completion of its acquisition of Deutsche Card Services, formerly a wholly owned subsidiary of Deutsche Bank.  With... read more

China blocks MasterCard processing Renminbi transactions

11 Jun 13 @ 00:00

China’s central bank has ordered online payment platform EPayLinks to stop issuing renminbi-settled credit cards in partnership with MasterCard. “No payment institution is allowed to cooperate with foreign card companies... read more

European Payments Council and Cards Stakeholders Group Release Version 6.5 of the SEPA Cards Standardisation

10 Jun 13 @ 00:00

The European Payments Council (EPC), representing the European banking industry in relation to payments, together with the Cards Stakeholders Group (CSG) today published version 6.5 of the Single Euro Payments... read more

New payment systems for all – or only for some?

06 Jun 13 @ 00:00

New payment services such as cards, internet and mobile payments may leave many people behind, while also making it more difficult for them to pay in traditional ways such as... read more

Cash usage continues to grow

06 Jun 13 @ 00:00

Despite the hype surrounding mobile payments, the consumer love affair with notes and coins will continue unabated for at least another decade, with cash usage remaining on an upward curve... read more

Global mobile payments index

06 Jun 13 @ 00:00

Telefonica has signed an agreement with Santander and CaixaBank to create a joint venture that will develop new businesses based on the latest mobile and communication technologies.  The new company... read more

MasterCard drives expansion of contactless

06 Jun 13 @ 00:00

MasterCard Worldwide announced record growth of its contactless payments technology,MasterCard PayPass, across the Asia/Pacific, Middle East and Africa (APMEA) region in 2012, citing a 28% (YoY) increase in merchant locations. MasterCard’s PayPass contactless payment network... read more

Bell ID launches NFC secure element in the cloud

06 Jun 13 @ 00:00

The new service enables keys, certificates and NFC credentials to be stored securely in a remote location, rather than in the mobile device, is fully compatible with standard EMV contactless... read more

Mobile wallet payments will reach € 78 billion by 2017

06 Jun 13 @ 00:00

According to a new research report from Berg Insight, in-store mobile wallet payments in EU27+2 is forecasted to grow from less than €0.1 billion in 2012 at a compound annual... read more

Trending

Why tokenised deposits are stealing stablecoins buzz

12 Jan 26 @ 22:32

The centre of gravity in on-chain money is shifting, after two years in which stablecoins dominated discussion, volumes and investor attention. [caption id... more

Copilot Checkout signals Microsoft’s push into agentic commerce

12 Jan 26 @ 17:59

Microsoft has taken a decisive step towards embedding agentic commerce directly into generative AI, partnering with PayPal, Stripe and Shopify to launch Copilot... more

Trump proposes credit card rate cap

12 Jan 26 @ 22:01

President Donald Trump’s renewed push to impose a one-year cap of 10 per cent on US credit card interest rates has jolted financial markets and reopened a lon... more