Skip to content
Digital Payments RSS
Differing forecasts for mobile wallet
Research and opinion on mobile payment trends contain conflicting predictions and conclusions, partly as a result of banks commissioning fewer market studies, leaving researchers to find a new starting point for evaluation, says consultant Steve Mott. For example, research from Auriemma Consulting Group found at least 42% of iPhone 6 and 6 Plus users have [...]
The post Differing forecasts for mobile wallet appeared first on Payments Cards & Mobile.
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 payments for a man involved in the black market for nuclear weapons technology. PayPal, which is owned by eBay, is alleged to have facilitated thousands of pounds worth of transactions involving [...]
The post PayPal fined £5.2m over failure to block malicious users appeared first on Payments Cards & Mobile.
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 to Recode, the new project is called Pony Express, though that could be an internal code name; Google could go in a different direction with branding when Pony Express launches [...]
The post Google’s ‘Pony Express’ Gmail bill payment appeared first on Payments Cards & Mobile.
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 January 2015. Azimo’s research found that almost one in 10 people between the ages of 18 and 24 have sent money via a mobile phone. Just one in 200 people over [...]
The post Mobile money transfers double appeared first on Payments Cards & Mobile.
Digital tipping point: Banks must focus on innovation to harness opportunities
A major new report sets out key recommendations for the banking industry and urges regulators to give consumers certainty that their money is equally well-protected wherever they choose to bank. Banks must concentrate on harnessing a range of digital technologies or risk losing customers to a new wave of competitors, according to a new report [...]
The post Digital tipping point: Banks must focus on innovation to harness opportunities appeared first on Payments Cards & Mobile.
