Tuesday, July 23, 2019
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Seamless acquires MeaWallet for contactless payments technology

Seamless Distribution AB (Seamless) has acquired the Norwegian contactless payments technology company MeaWallet AS (MeaWallet). The purchase price amounts to approximately SEK 42.8  (£3.78) million and payment is made through an issue in kind...

Payments platform to connect mobile operators and enable digital payments in emerging markets

Skrill has launched an online payments platform to drive digital inclusion in emerging markets.  By partnering, mobile network operators enable consumers to engage with global online eCommerce, thereby increasing average revenue per user (ARPU). ...

G&D receives Visa certification for HCE

Giesecke & Devrient (G&D) has been certified “Visa Ready” by Visa for HCE (Host Card Emulation) cloud based payment services. With the Visa Ready status, Visa ensures that technology and service providers develop and deploy products...
Nokia Gun

Microsoft forced into uncomfortable u-turn on Nokia

The acquisition of Nokia by Microsoft was supposed to unleash a new powerhouse in mobile handsets. Unfortunately, as Tom O'Meara writes, The longer time goes on the more ludicrous Microsoft’s decision to buy Nokia looks. Far from...

MCX and Softcard state Apple Pay overthrow plan

At Money 2020, and in the wake of Apple Pay and its dominance of the headlines, US mobile money ventures, Softcard (formally ISIS) and merchant-run MCX, have been setting out their strategies for wining...

Is CurrentC dead before it launches?

CurrentC, the MCX backed mobile payment system developed by a consortium of major retail chains, has made headlines lately for brazenly blocking Apple Pay transactions. The heat CurrentC faced from that poor strategic move is nothing, though, compared...
MasterCard mobile app

Mastercard acquires Oltio for digital payments expansion in Africa

Mastercard has announced it has completed the acquisition of mobile payments technology company Oltio from Standard Bank Group. The acquisition builds on Mastercard’s longstanding relationship with Oltio, a startup that pioneered and patented several mobile payments and banking...
Why Nigeria suspended international money transfer operators

Bango launches mobile wallet in Google Play with MTN Ghana

Bango has partnered with MTN Ghana to launch operator payments in Google Play. MTN Ghana subscribers can now pay for the wealth of content and services from Google Play with one-click, charging the cost...

MyCheck partners with Apple Pay

MyCheck is to support Apple Pay in the UK. MyCheck’s restaurant clients can now take advantage of this breakthrough technology and allow their customers to settle the bill using Apple Pay, the easy, secure and private...

Global smartphone shipments increase 11.6%

Global smartphone shipments rose 11.6% year-on-year in the second quarter to 337.2 million, according to market researcher IDC. This is the second highest quarterly total on record, with growth sustained after a strong Q1 by...

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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