Futuristic Payment Technologies and Currencies Well Supported

Electronic payments have become commonplace today, with nearly 51% of people reporting that they are paid electronically via direct deposit, and an increasing comfort level with these paperless transactions appears significant in driving consumers’ interest in even more sophisticated forms of electronic payment. Consumers are unenthusiastic about traditional paper checks, as one-third of them think…

U.S. Not Among the Standout Digital Elites Globally

Singapore, the U.K., New Zealand, the United Arab Emirates, Estonia, Hong Kong, Japan, and Israel are digital elites characterized by high levels of digital development and a fast rate of digital evolution. With momentum and innovation on their side, these ‘stand out’ markets exemplify the sweet spot of advancement and future growth.  The Fletcher School…

Vantiv & Chase Chases a Worldpay Play for $10B

Worldpay Group confirms it has received preliminary approaches from Vantiv and JPMorgan Chase Bank in relation to the potential acquisition of the entire issued, and to be issued, share capital of Worldpay. Any deal is expected to be valued in the US$10 billion range. The companies now have 28 days, or until August 1, to…

NFC Wearables Key Driver in Global PoS Payments Accessories Vertical

The latest trend gaining momentum in the payments market is NFC in smart devices and PoS systems. The global PoS accessories market is witnessing a major shift in technology with the increasing adoption of NFC in wearable devices, such as smartwatches, smart wristbands, and smartphones. Till 2011, the contactless payment option was available for NFC-enabled…

Future of Payments Key: Unlocking the Socio-Economic Ecosystem

The socio-economic ecosystem that empowers people to share accommodation, transportation, buying or selling of goods, on-demand professional services and sharing or renting of goods is experiencing an extraordinary level of growth, transforming the fundamental way industries operate and people experience a variety of things. A new Mastercard white paper identified three inter-related themes around which…

JCB and BlueSnap Expand SEPA Payments in Europe via Separate Deals

BlueSnap unveiled SEPA (Single Euro Payments Area) Direct Debit enabling customers to make cashless payments in euros across country borders for online checkout, invoice payments and marketplaces. Meanwhile, iSignthis inked a direct License Agreement to process JCB transactions in the SEPA. BlueSnap’s platform is designed for frictionless payment experiences and merchants that implement SEPA Direct Debit…

Software Only Card Payment mPOS App Now in Extended Beta


The first UK technology app enabling micro-businesses to take physical card payments using smartphones without any additional dedicated hardware is not far off. Worldpay announced the launch of the first ever extended-trial of a software only card payment mPOS (mobile point of sale). My Business Mobile will allow businesses to download an app and accept…

2018 Will Herald Arrival of New Tools in the Fight Against CNP Fraud

Retailers stand to lose $71 billion globally from fraudulent CNP (Card-Not-Present) transactions over the next five years. Factors, such as the USA’s shift to EMV cards, delays in 3DS 2.0 (3D-Secure) and click-and-collect fraud were key drivers behind the rise. New data from Juniper Research has found many merchants still perceive combatting fraud as too…

Android Pay + WorldRemit = C2B Payments w/No CC, 3DS, 3G, Wifi or Agents

Digital money transfer service WorldRemit has added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts. Pioneering a mobile-first approach to the $600 illion a year remittance industry, the move sees WorldRemit bringing together the leading players in mobile…

Five Factor Framework for Mobile Biometrics Slowly But Surely Evolving

Whether using a fingerprint, an iris scan or a “selfie” to confirm identity, banks see biometric technology as a way to provide greater convenience and security to customers as they use their accounts. But, it’s still early days in mobile biometrics. A new report from Mastercard and the Department of Computer Science at the University of Oxford…