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Türk Ekonomi Bankası launches mobile payment app using Visa’s HCE technology

Türk Ekonomi Bankası (TEB) has announced it will launch a mobile contactless payment application, powered by Visa Europe’s HCE (Host Card Emulation) technology. The application...

Mobile money transfers double

New research from remittance specialist Azimo, demonstrates that the percentage of money transfers sent from mobile phones has more than doubled in the 12 months to...

MTN Uganda clarifies mobile money fraud rumours

MTN Uganda has been forced to call a press conference, with high-ranking executives from both MTN and Stanbic. Stanbic bank’s Managing Director, Patrick Mweheire, opened by explaining that the...

More than half of global professionals use their mobile phones...

In a recent survey of over 300 global business professionals by Timetric, respondents were asked if they use mobile phones for payments and if...

Facebook Messanger P2P payments

Facebook is bringing P2P payments to its Messenger application. The strategy will help Facebook keep users on its platform and add value while opening the door...

Banking app prototype for Apple Watch

Misys has unveiled what it claims to be the first banking app prototype for the Apple Watch. Developed by a team at Misys Labs, the...

Re-designing banking: From the bench to the branch to binary

It's hard to imagine what the Florentine market traders thought would be their impact on the world when they started the western world's first...

M-Shwari hits 10 million accounts

Mobile banking product M-Shwari has hit a major milestone by reaching 10 million accounts, just two years after the virtual banking product was launched. M-Shwari,...

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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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