11 Aug 14 @ 10:48

According to research by IDC, 1.5 billion smartphones will be in use globally by 2017 and consumers will be doing more than ever on them. As a result, more businesses recognise... read more

01 Aug 14 @ 10:24

Bharti Airtel used Q1 numbers to highlight how its African subscribers have taken to mobile money with enthusiasm. “Telecoms are back to growth in Africa, this time spearheaded by internet... read more

23 Jul 14 @ 10:35

Kenyans are transacting Sh6.2 billion ($70.49m) daily through mobile phones, Central Bank of Kenya has said. This is a rise from an average of Sh5.2 billion last year, underlining growing... read more

17 Jul 14 @ 09:22

Thus far, bank rollouts of mobile payment and wallet services have been hindered by multiple factors from the dependency on the secure element owner, the inability to deploy wallet services... read more

15 Jul 14 @ 12:58

In recent years, major retailers have embraced the use of “smart” technology in store fronts. From using tablets at the checkout counter to mobile credit applications, retailers are developing creative... read more

09 Jul 14 @ 15:31

Mt. Gox CEO Mark Karpeles is putting the domain name bitcoins.com up for sale and states that the proceeds will be used to reimburse users of the bankrupt currency exchange.... read more

25 Jun 14 @ 11:46

The rapid convergence of prepaid and mobile commerce is creating significant opportunities for merchants and other stakeholder groups to push banks and other day-to-day money management service providers down the... read more

25 Jun 14 @ 09:37

ZipZap has announced its expansion to the UK through a partnership with Payzone one of UK’s leading consumer payments and cash distribution networks. With this partnership, ZipZap now offers an... read more

24 Jun 14 @ 10:49

Fraud events make consumers afraid, and FIs see costly customer attrition as a result. With 1,367 confirmed data breaches in 2013, organized fraud rings innovating constantly, and consumers losing confidence... read more

23 Jun 14 @ 16:14

Consultancy Deloitte have released a new report in which they state that European retail banks need to radically overhaul their technology infrastructure if they are to face off the competitive... read more

16 Jun 14 @ 16:16

The French domestic card scheme, Groupement des Cartes Bancaires (CB), is planning to introduce biometric payment based on fingerprints before the end of 2014. CB is working with the National... read more

22 May 14 @ 16:09

The newly established Euro Retail Payments Board (ERPB) is setting up two working groups to explore the role of mobile and ‘innovative’ payments methods, as Europe begins the transition to... read more

15 May 14 @ 13:32

US, telco-backed, mobile wallet venture Isis is picking up steam, claiming 20,000 new wallet activations a day over the last month since launch. The Isis wallet – owned by AT&T... read more

14 Apr 14 @ 10:52

CaixaBank, Banco Santander and Telefónica have announced Yaap – the brand for their digital services joint-venture initially announced last year. Yaap is the chosen name for the Spanish firm whose... read more

31 Mar 14 @ 12:02

Increasing customer strength is requiring banks to focus on the front office once more, as they seek to generate revenue and grow market share, according to new research from Ovum*. The... read more

26 Mar 14 @ 13:00

Airlines will increase their focus on airline payments and new distribution channels such as mobile and social media over the next two years, according to WorldPay’s Alternative Payment and Distribution... read more

24 Mar 14 @ 09:39

Advent International, ATP and Bain Capital (the “Consortium”) have today signed an agreement to acquire 100% of the share capital of Nets from the existing shareholders, a group of 186... read more

18 Mar 14 @ 15:21

Private equity firms Advent International and Bain Capital have entered exclusive talks to buy Danish card payment services company Nets Holding for more than €2 billion ($2.8 billion), two people familiar... read more

13 Mar 14 @ 11:22

New global research by the Ponemon Institute, sponsored by mobile interaction service provider tyntec, has revealed that on average almost 50% of one-time passwords (OTPs) fail to arrive due to invalid... read more

10 Mar 14 @ 12:43

Chinese search engine, Baidu has formed a partnership to apply for a private banking license, as China’s biggest search engine provider moves from acting as a store front for money market funds... read more