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Mobile app use sees emergence of cashless society

Half of European adults with access to a mobile device such as a smart phone or tablet computer expect to use mobile payment apps...

The global mobile money landscape

The mobile money sector is one of the most fluid in the whole of the mobile ecosystem, with more players entering and exiting, new...

Microsoft enters the world of payments with Microsoft payments

Microsoft has officially entered into the domain of payments, with Microsoft Payments, it is rumoured. When the announcement came out a week or so ago,...

US mobile banking and mobile financial services

According to research from the Federal Reserve Board, nearly 40% of banked Americans now use their mobile phone to access their accounts. A survey...

Vodafone wallet to accept contactless card payments

Vodafone customers will soon be able to add bank cards to their Vodafone Wallet and use smartphones to pay for goods and services at...

PayPal fined £5.2m over failure to block malicious users

In an embarrassing moment, PayPal has been forced to pay a £5.2 million ($7.7 million) settlement over alleged sanctions violations including allegations that it processed...

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...

Google’s ‘Pony Express’ Gmail bill payment

Google is reportedly developing a new Gmail feature, Pony Express, that will allow users to receive and pay bills directly from their email inbox. According...

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...

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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