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Rambus acquires Bell ID
Rambus has announced it has acquired Smart Card Software Ltd which includes Bell Identification (Bell ID) and Ecebs Ltd (Ecebs) through the purchase of all outstanding shares of Smart Card Software, for £64.7M in cash. As part of this acquisition, the advanced mobile payment platform developed by Bell ID, along with the smart ticketing platform created [...]
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Mobile Payments Index: a third of global online transactions now mobile
The 2015 Q4 edition (Sept-Dec) of the quarterly Mobile Payments Index, which tracks mobile payment data from browser-based transactions across Adyen’s customer base has been released. The key finding of this Mobile Payments Index is that for the first time, over a third (34%) of browser-based online transactions globally are now made on a mobile device, compared [...]
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45 leading banks sign up to SWIFT global payments initiative
SWIFT says that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015. The 45 participating firms include major transaction banks from Europe, Asia Pacific, Africa and the Americas. More banks are expected to join this initiative in the coming months. “Such strong participation from major banks [...]
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VTB signs e-commerce partnership with Alibaba Group and Ant Financial in Russia
VTB Bank and Ant Financial Services, China’s leading e-commerce and mobile financial service provider have today signed a memorandum of understanding at the World Economic Forum in Davos, Switzerland. Under this agreement, the parties will work closely on the payment and banking services in Russia, to provide comprehensive and reliable shopping experience for Russian consumers as [...]
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Jetco to bring P2P mobile payments to Hong Kong
Hong Kong’s ATM operator is working to introduce a inter-bank solution for P2P mobile payments and peer-to-merchant payments. Jetco, which operates the cash machines of all banks in Hong Kong and Macau apart from HSBC and Hang Seng, hopes to become as large a player in the financial technology market, said chief executive Angus Choi. “We want [...]
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