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Report: Mobile Mobile banking and payment practices of US Financial Institutions

The year 2016 marks the second time that multiple Federal Reserve Banks (FR Banks) have surveyed financial institutions (FIs) about their mobile banking and...

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...

Mobile payments soar 300% as part of the contactless revolution

As the recently launched iPhone X makes mobile payments even easier with Face ID, MoneySuperMarket reveals that a quarter (23%) of Generation Z predicts physical cards...

The Mobile Payments and Fraud Survey 2017

The Mobile Payments and Fraud Survey: 2017 Report is the fifth edition of this annual study which seeks to understand and measure the state...

CK Hutchison and Ant Financial ink mobile payment JV

CK Hutchison, the multinational conglomerate,  and China's Ant Financial have announced a joint venture to drive mobile payments in Hong Kong under the existing AlipayHK brand. In...

Chinese regulator mandates mobile payments clearing house

China’s central bank and regulator has mandated online and mobile payment groups to operate through a centralised clearing house, a move likely to undercut...

Thyngs partners with PayPal for cashless mobile payments

Thyngs, the mobile proximity platform, has announced the addition of PayPal to its payment options for businesses taking cashless mobile payments via its platform. Thyngs...

Global non-cash transaction volumes record highest growth of past decade

Global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s...

China surpasses Brazil to rank third among non-cash transactions markets

Within the top-10 markets for non-cash transactions volumes, China climbed to third place with 38.1 billion transactions, surpassing 2014’s number three market Brazil, which...

Fiserv makes £70m bid to buy embattled UK mobile payments company...

Fiserv is reported to have agreed to buy embattled UK financial services technology firm Monitise for £70m ($88.72 million).  AIM-listed Monetise, worth about £2bn  at...

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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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