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Global mobile wallet users to total 2.1 billion in 2019

Nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up nearly 30% from 1.6 billion...

Chip and PIN cards remain consumers’ first choice over contactless

Online research from Equifax, shows that using a debit or credit card with a PIN number is still the preferred method of payment for...

UK’s Open Banking initiative goes live after managed roll out

The Open Banking initiative in the UK has finished a three-month managed roll out programme, leaving regulated companies free to start offering Open Banking...

Global B2B mobile money transfer to hit $218 trillion

New research forecasts significant growth for the cross-border B2B money transfer industry. Juniper Research is forecasting the global B2B mobile money transfer industry to see a...

Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...

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The key to building a successful Financial Institution mobile payments strategy

Fiserv has published a white paper outlining how financial institutions can build a successful mobile payments strategy that drives consumer engagement and lays the foundation...

Invoices instead of smileys – will we soon be able to...

WhatsApp is now firmly integrated into the everyday lives of millions of people across Europe. The question of where and when to have drinks...

Mastercard acquires Oltio for digital payments expansion in Africa

Mastercard has announced it has completed the acquisition of mobile payments technology company Oltio from Standard Bank Group. The acquisition builds on Mastercard’s longstanding relationship with Oltio, a...