The global smart card market is expected to exceed $65 billion by 2025. The rise in privacy and data security concerns in financial transactions will drive the industry growth over... more
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In a sensible setback, the Australian Competition & Consumer Commission (ACCC) has delayed the roll out of Open Banking reforms in Australia by six months, because of the consumer regulator’s... more
The post Data privacy issues stall Australian Open Banking roll out appeared first on Payments Cards & Mobile.
A new report projects that establishing financial identities for the world’s financially excluded – or “unbanked” – population would add an extra $250 billion to global gross domestic product (GDP),... more
The post Financial identities for world’s unbanked would add $250 billion to global GDP appeared first on Payments Cards & Mobile.
Mastercard is to tests a new digital identity service that has the potential to verify a person’s identity immediately, safely and securely in both the digital and the physical world.... more
The post Mastercard trials Digital Identity in real world tests appeared first on Payments Cards & Mobile.
With the tagline ‘Hungry? Face it’, Nets has launched a pilot programme testing facial recognition as a face payment alternative payment method. Around 1,000 people – all working at Vibenshuset,... more