Friday, June 18, 2021
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US banks roll out Zelle P2P money transfer app to take on Venmo

Zelle reports 84% increase in P2P mobile payments

Bank of America, through its P2P mobile payments platform Zelle, says it processed nearly 68 million Zelle transactions in 2017, an 84% increase from the previous year. In Q4 2017, Bank of America handled...
Regulatory Technical Standards (RTS)

Future of European Fintech Alliance statement on the final Regulatory Technical Standards (RTS) on...

The Future of European Fintech Alliance, consisting of 72 European FinTechs, challenger banks and FinTech associations, has taken note of the final Regulatory Technical Standards (RTS) on strong customer authentication and secure communication under...
A mobile phone making in App payments

Want more in-app checkouts? Focus on “check-in” for 2018

It is no longer good enough for merchants to simply have a functioning app. If I were writing this three years ago, then I would have accepted that just getting onto the App Store...
Google Pay

Google merges payments platforms and launches Google Pay

Google has finished revamping its mobile payment offerings bringing together Android Pay and Google Wallet in one product and creating a new brand called Google Pay. The new product merges Google's existing mobile payment platforms....
Why Nigeria suspended international money transfer operators

Kenyan mobile money volume hit $16 billion

Mobile money continues to grow strongly as Kenyans transacted Ksh1.7 trillion ($16.4 billion) over their phones in the quarter through September 2017, a 54.5% increase from the same period last year as subscribers increasingly...
Alipay acceptance in UK stores

Mobile payments account f 80% of Alipay’s online payments in 2017

New data from Alipay show 82% of the transactions on its platform in 2017 were made via mobile payments, mostly through smart phones. This ratio is said to be an all-time high. There were 520...
Visa_Sensory_Branding_Animation

Visa sensory branding elements – sound, animation and haptic – for completed transactions

Visa has announced a suite of sensory branding that will support the Visa brand in an expanded universe of connected, payment-enabled devices. These new sound, animation and haptic (vibration) cues will help signify completed transactions in digital and physical retail...
mobile wallet app

Target rolls out mobile wallet to its app

Target has rolled out a proprietary mobile wallet. While the retailer still will not accept Apple Pay or other third-party mobile payment options in its stores, the retailer is going the route of Walmart...
WeChat Pay

WeChat Pay at the Point of Sale in the UK

WeChat Pay, a widely adopted e-wallet payment solution in China and the iconic Camden Market, London’s fourth biggest tourist destination, is the first in the UK to make WeChat Pay available at the point...
Microsoft Pay

Microsoft rebrands Microsoft Wallet to Microsoft Pay

Microsoft has rebranded its built-in payments framework on Windows 10 from Microsoft Wallet  to Microsoft Pay, following in the footsteps of Apple and Google with Apple Pay and Android Pay. The name change comes via...

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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