Thursday, February 25, 2021
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LifeLock pulls wallet app over security scare

LifeLock has pulled its LifeLock Wallet app from various mobile app stores. In a blog post on its corporate website, LOCK Chairman and CEO Todd Davis said that the company had withdrawn the app after learning that “certain...

arvato and Margento announce JV

arvato, a technology company from the Netherlands, has announced the formation of a joint venture with Margento to offer customers comprehensive transaction and payment services via the mobile phone. Margento will bring its proven transaction...

Central Bank of Nigeria enlists Ingenico for ‘cashless Lagos’

Nigeria's central bank has kicked off its 'cashless Lagos' project, introducing limits on how much paper money people can withdraw and deposit in a bid to encourage the transition to electronic payment methods. Last year...
real-time mobile payment platform

Finland launches first real-time mobile payments platform

Automatia says it has launched Finland’s first real-time mobile payments platform based on a multi-banking platform, named Siirto. Tieto has designed and implemented the service. Siirto is an open payment platform which follows the new...

Dutch abandon M-wallet JV

In MPW 153 we reported that ABN AMRO, ING, KPN, Rabobank, T-Mobile and Vodafone signed a letter of intent to jointly introduce mobile payments at the checkout in the Netherlands. Today we report that...

Sage Pay introduces mobile payments for the UK

Sage Pay has announced the introduction of a new mobile payment solution aimed at small businesses. The new product, Sage Pay Mobile, enables businesses to accept card payments using their mobile phone to authorise...

Ensygnia secures second UK Patent

Ensygnia, the mobile payments company backed by Telefonica’s technology start-up accelerator Wayra, confirmed it had been granted its second UK patent. The company, which recently closed its $3.3 million start-up funding round, added that...

E-commerce spend to hit £17.4 billion at Christmas

E-commerce Christmas spend in the UK is set to hit a record £74.3 billion, with almost one in four pounds expected to be spent online, according to research commissioned by digital offer marketplace RetailMeNot – operator of VoucherCodes.co.uk. The study, conducted...
in-car payment system

Shell and Jaguar launch world’s first in-car payment system

Jaguar drivers can now use their car’s in-car payment system and touchscreen to pay for fuel with a new cashless payment app at Shell service stations in the UK. Rather than using a card at...

Frost & Sullivan predicts opportunities in low value cash market

The mobile payment industry has reached maturity and is a well-established market ecosystem. With growing competition, the market is seeing a wave of partnerships and acquisitions as well as new technical solutions and innovative...

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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