31 Jan 18 @ 17:34
In December 2017, the Cooperative Financial Network Volksbanken Raiffeisenbanken in Germany started a “Friends&Family” pilot project for girocard mobile payment via smartphones, using a digitized credit card or girocard (girocard... read more
30 Jan 18 @ 13:26
Zelle announced $75 billion in money moved in 2017 across its P2P payments network, as millions of consumers reduced their dependence on physical checks and cash in the US. The $75 billion across the... read more
29 Jan 18 @ 17:00
Huawei Technologies and China UnionPay have set their sights on international markets, as they prepare to launch Huawei Pay digital wallet technology outside the mainland, going shoulder to shoulder against... read more
18 Jan 18 @ 17:35
Passwords are no longer passing muster as a security or authentication method. The problem is quantity as much as quality. The average number of passwords registered to a single e-mail... read more
17 Jan 18 @ 10:11
European retail organisations have called on authorities to expand the scope of interchange fee controls to tackle other “stupendous” charges imposed by card schemes, as new rules banning merchants from... read more
05 Jan 18 @ 12:33
Simple and secure ways to complete transactions directly through a mobile device have become increasingly popular over the last three years globally. Mobile users can now do this through a... read more
02 Jan 18 @ 13:27
This past year has seen a number of significant changes in the payments industry. From new transfer methods to the PSD2 push, the demand for faster, smarter, and safer transactions... read more
06 Dec 17 @ 09:55
The purpose of PSD2 is enabling third parties creating new Financial Services through open APIs to customers’ bank accounts. Such systems already exist but currently rely of questionable methods typically requiring consumers... read more
29 Nov 17 @ 19:59
PIN-on-Mobile is coming: Imagine taking a regular smartphone and turning it into a payment acceptance device with a simple app download. That’s the utopian dream many companies are chasing today... read more
01 Nov 17 @ 13:39
Powered payment cards become powered when they take on interactive form factors such as biometric sensors and Dynamic Code Verification (DCV). In total, 213 million powered payment cards are forecasted to... read more
19 Oct 17 @ 18:24
We live in digital times. Customers are increasingly shopping online and on mobile devices. In fact, the number of Europeans regularly using a mobile device — smartphone, tablet or wearable... read more
12 Oct 17 @ 12:58
Visa has announced the results of an independent study examining the economic impact of Cashless Cities and increasing the use of digital payments in major cities around the world. The... read more
10 Oct 17 @ 13:37
According to the World Payments Report, global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s... read more
02 Oct 17 @ 12:50
China, boasted over $811.96 billion in e-commerce sales in 2016, 122 million outbound travellers, and a record number of students studying abroad. This has created a booming opportunity for global marketplaces, marketplace sellers, e-commerce... read more
27 Sep 17 @ 11:11
According to multiple press reports, Japan is planning to launch its own national digital currency, J COIN, in time for the 2020 Tokyo Olympic games. The announcement comes against the backdrop... read more
22 Sep 17 @ 09:06
OT-Morpho says that Chinese bank CMBC’s new Visa Signature credit card is the first one in China to feature MOTION CODE dynamic CVV2, a technology developed to provide a higher... read more
20 Sep 17 @ 16:16
Mobile shopping growth is growing sharply in Asia Pacific’s emerging markets, outpacing their more developed counterparts, according to the latest Mastercard Mobile Shopping Survey. Consumer use in the Philippines (53.5... read more
20 Sep 17 @ 14:28
From virtual mobile wallets to peer-to-peer money transfer apps, there are an increasingly diverse number of ways to pay, beyond the old medium of cash. And the geographic scope of... read more
13 Sep 17 @ 11:06
Zelle, the bank-based mobile P2P offering operated by Early Warning says more than 4 million people have enrolled in the mobile based payment network backed by many of the US’s largest... read more
04 Sep 17 @ 11:10
Consumers will soon be able to forget about PINs and frustratingly long 16-digit card numbers when shopping online and in the real world, as Visa moves to make Australian banks... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more
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
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more