Friday, January 15, 2021
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Music downloads €280m in Europe in 2006

While physical music sales in Europe will decline by nearly 30% in value between 2005 and 2011, music downloads will grow exponentially to help fill the gap, according to Forrester Research. The European physical...
Nordic FinTech collaboration

Report reveals rapid growth in Nordic FinTech industry over past year

A new report reveals that 74% of Nordic banks intend to collaborate with FinTech firms in 2017. This finding is in sharp contrast to 2016’s study, which found that less than 50% of Nordic...

MasterCard: pre-pay is the way ahead for m-payments

MasterCard International has introduced a new payment mechanism, MasterCard rePower, which enables cardholders to reload a pre-paid or stored value account with a debit or credit card. rePower is initially targeted at mobile network...

Every $100 of fraud from mCommerce costs merchants $334 in 2014

LexisNexis Risk Solutions has released its annual True Cost of Fraud Mobile study, which indicates that as merchants flock to the mobile channel so too are fraudsters. Revenue that mobile commerce (mCommerce) merchants lost to fraud...

US regulators: jailbreaking legal

Federal regulators said in a ruling that consumers can jailbreak their mobile devices without fear of legal repercussions from handset makers over violating copyright protections. The Register of Copyrights (which is part of the Library...
Mobile Wallet Adoption in the Americas

The rise of the mobile channel – global mobile wallet adoption

Mobile wallet and payments have been hot topics for a few years, with many predicting the end of traditional card payments and overstuffed “Costanza” wallets. Rumors of cards’ demise have been a bit overblown,...

Call for new regulatory framework in developing countries

A new regulatory framework is needed to encourage financial transactions by mobile phones and transform access to financial services in developing countries, claims a new policy report 'The Transformational Potential of M-Transactions', published by...
More than 6 billion smartphones by 2020

More than 6 billion smartphones by 2020 – 7.5 billion users

The global smartphone installed base will grow from 4 billion in 2016 to more than 6 billion smartphones in use by 2020, according to new analysis released by IHS Markit. Messaging and communications apps such as Line...

How consumers rate finance apps

People are obsessed with money. In 2015, people are also obsessed with their smartphones and tablets. It is natural that apps that help people bank, manage their money, make payments and find financial information...

Online Banking Review: Crossing the channel – Diarmuid Mallon, Sybase 365

If banks want to make the mobile channel commonplace, it must simply be more convenient, easier and safer. While most banks in Australia offer some form of mobile banking, financial institutions need to better tailor...

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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