Friday, June 18, 2021
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Voice Commerce becomes fully authorised Payment Institution

Voice Commerce has become one of the first fully authorised Payment Institutions, having received authorisation to perform payments services from the Financial Services Authority (FSA) under the Payment Services Directive (PSD). The introduction of the...

Standard Bank introduce P2P system

Standard Bank' new service, Instant Money, will use Spar's 850 stores throughout South Africa to reach communities in some of the most remote parts of the country. The money is sent and received at...

US banks roll out P2P platform

Bank of America and Wells Fargo announced the launch of Send & Receive Money, a new service that allows Wells Fargo customers' payments to other Wells Fargo and Bank of America customers through online...

Microsoft bringing mobile payment to Windows 10

With all tech majors like Google, Apple and Samsung already offering mobile payment services, Microsoft has announced that is also planning to join the action. The payment system allows users to store credit cards, debit cards,...
IBM Watson IoT

IoT and Things Paying for Things are driving the future of commerce

A new study released  by Visa entitled “How We Will Pay 2017,” found that more than 80% of Americans have a strong interest in using IoT and connected devices to make purchases, with a keen...

12% of financial transactions originate from mobile

iovation, the Device Reputation Authority protecting online businesses from fraud and abuse, today announced that 12% of all financial services transactions it protects originate from mobile devices, such as iPhones, iPads, Android and Blackberry...

eBay and PayPal to split in 2015

In an unsurprising move, despite best efforts to keep the companies joined, eBay announced it will split its PayPal unit into a separately traded company in 2015. The separation will bring in two new leaders....

Telrock continues m-money expansion

Telrock has entered into a three year agreement with the Payment Management division of Capita. Telrock will provide its textDebit mobile text messaging platform to Capita's client base, where it will be marketed as...

Amex struggles with mobile payments

A top executive at American Express has acknowledged that the firm's efforts to engage consumers with mobile payments have so far been a failure – however, as PCM notes, they are certainly not the...
When do you think wearable devices will make an impact on the payments market

Wearable tech: A growing payment opportunity

From watches, wristbands and jewellery to glasses and clothing, the popularity of wearable tech is booming, and so is wearable tech as growing payment opportunity. Despite a relatively slow start, industry analysts estimate that 48 million...

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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