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CBK proposals to end M-Pesa dominance

11 Oct 13 @ 09:43

Safaricom’s M-Pesa platform may soon be open for use by other mobile payment services providers if new regulations published by the Central Bank of Kenya are placed into effect. The... read more

Jumio announces digital wallet PORT

11 Oct 13 @ 09:36

Jumio announced the launch of Jumio PORT, an embedded wallet infrastructure that integrates with mobile OS utilities such as Apple Passbook and the recently-launched Samsung Wallet. With PORT, consumers can... read more

RBI sets up committee to explore potential of encrypted SMS mobile banking

10 Oct 13 @ 16:46

A Technical Committee on Mobile Banking has been set up by The Reserve Bank of India to explore the possibility of providing SMS-based mobile banking on all types of phones.... read more

UK creates watchdog to oversee payments system

10 Oct 13 @ 16:22

A new regulator is to be created in the UK to open up the privately-owned payments system and cut the cost for new entrants to take on big players. The regulator will... read more

MasterCard to acquire leading Turkish payment provider Provus

10 Oct 13 @ 10:43

MasterCard says it has entered into an agreement to acquire Provus Bilişim Hizmetleri A. Ş. (“Provus”), Turkey’s leading independent payment solution and processing provider. “Today’s announcement represents an exciting new chapter... read more

Cyber security – why mobile transactions pose high risk

10 Oct 13 @ 10:03

As National Cyber Security Awareness Month continues, new data from the Global Trust Intelligence Network (The Network) confirms the growing use of mobile devices for banking and online shopping. Of... read more

Amazon releases login and pay with Amazon to challenge PayPal

10 Oct 13 @ 09:37

Amazon has launched a new service, login and pay with Amazon, allowing user to pay for online goods and services using your pre-registered Amazon account information. Amazon has 215 million active customer accounts. Online retailers... read more

U.S. Bank launches mobile commerce for major retailers

09 Oct 13 @ 15:23

U.S. Bank says it will accelerate the delivery of a mobile commerce product discovery and shopping service that provides an easier way for top-tier retailers to help consumers interact with and buy... read more

Banks and merchants are struggling to keep pace with Cyber threats

09 Oct 13 @ 10:48

According to a new report released today from financial and technology analyst house, Aite Group – Cyberthreats: Multiplying Like Tribbles, “Cyber threats come in the form of malicious software code, hacking... read more

Elavon launches a complete e-Commerce online payment gateway

09 Oct 13 @ 10:25

Elavon has launched an Online Payment Gateway for small and medium sized businesses in the UK through an agreement with Realex Payments. With streamlined integration to websites and e-Commerce platforms, the... read more

Microsoft forms alliance to promote card-linked offers

08 Oct 13 @ 18:46

Microsoft is launching a limited test of a new Bing Offers feature in the Seattle market that could give it an edge over some of its competitors. In this test... read more

MasterCard study reveals the rapidly growing cashless economies

08 Oct 13 @ 16:45

MasterCard  has identified Belgium, France and Canada are the closest to cashless economies and China and UAE have the fastest trajectory, in a new global report, “The Cashless Journey,” that... read more

Bulgaria roll out commercial mobile payment service – MOBB

08 Oct 13 @ 16:07

Bulgaria has announced the commercial launch and rollout of the mobile payment service MOBB, a service that “makes the card mobile and that will set a technology standard for mobile... read more

Update on U.S. Mobile Payments Landscape Report

08 Oct 13 @ 15:33

The Federal Reserve Bank of Boston in conjunction with the Federal Reserve Bank of Atlanta released the U.S. Mobile Payments Landscape – Two Years Later, which examines changes in the evolution of mobile POS retail payments... read more

Mobile banking real-time P2P mobile payment

08 Oct 13 @ 14:49

Tyfone has integrated Acculynk’s real time P2P mobile payment service, Payzur, into its mobile banking iPhone and Android applications adopted by Boulder Valley Credit Union (BVCU).  With Payzur, BVCU members can... read more

Isis selects Proxama to develop NFC

08 Oct 13 @ 14:40

In a quiet industry move, Isis, the mobile commerce joint venture created by AT&T Mobility, T-Mobile USA and Verizon Wireless have selected Proxama to develop the Isis Mobile Wallet application... read more

Raphaels Bank get double win at Prepaid Awards 2013

08 Oct 13 @ 14:17

One of Britain’s oldest independent banks, Raphaels Bank, won two awards at the prestigious Prepaid Awards at the Lancaster Hotel, London on 2nd October 2013. Commercial Director, Mike Smith was voted Leading Global... read more

China Banking Corporation Philippines to replace its ATM debit switch

03 Oct 13 @ 17:03

China Bank, one of the top 10 banks in the Philippines, has announced that  it has selected Authentic from Alaric. The product will be used as an ATM debit switch... 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

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... 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