Unbanked population of the world

Addressing the unbanked and underbanked in developing countries

Around 2 billion people worldwide do not use formal financial services and around half the adults in the poorest households are unbanked, according to the World Bank. When financial inclusion is a key enabler to...

Increasing appetite for mobile contactless payments in Germany

Mobile contactless payments based mobile payments are gradually gaining prominence in Germany, with consumer preference for secure payment services also gaining ground, finds a new report by Timetric. According to the report, mobile penetration witnessed...

Global retail study reveals consumer demand for new ways to pay

Shoppers around the world are demanding their retail experience be transformed, a study by MasterCard has revealed at this year’s World Retail Congress. Retailers are under increasing pressure to adopt new payment technologies, as shoppers demand simpler...
mobile-wallets-loyalty1

Loyalty and rewards key to consumers succes with mobile wallets

Mobile wallets are finally starting to gain real traction with consumers, but many still need an extra push to turn their mobile wallet use into a true habit. Points has released a new study, “The...

Mobile internet – Successes revealed, myths debunked – By Randy Cavaiani, vice president of...

Since its inception, the internet has transformed the way in which we communicate and it continues to evolve at a tremendous pace. Now much more than an endless resource for information and search utility,...

European Commission takes a hand in m-payments

The European Commission, through DG Information Society, is preparing to play an activist role in the development of what it calls 'a single market for mobile payments in Europe.' According to DG Information Society's...

Mobile content market set to triple to €7.6bn

Consumer demand for mobile downloads is set to triple in the next 12 months, creating a €7.6bn global market for mobile content by this time next year, according to international research carried out by...
FinTech financing in Asia-Pacific doubles in 2016 to $11.2 billion

FinTech financing in Asia-Pacific doubles in 2016 to $11.2 billion

Global investment in FinTech ventures grew 10% in 2016, to $23.2 billion, driven primarily by a wave of blockbuster deals in China, according to Accenture analysis of data from CB Insights, a global venture-finance data...

Beyond FinTech: An assessment of disruptive potential in financial services

For years FinTech has been the hottest topic of discussion in financial services, with incumbents, regulators, and consumers all asking the same question: “Will small technology-enabled ‘FinTech’ start-ups redefine the way that banks and...
bots for banking

Chat Bots – Have you got a bot for that?

The move from apps to bots has been hailed as the new paradigm shift and the next big technological disruption. Messenger platforms and chat bots are being seen as the new way for businesses...

Latest News

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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