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Neobanks have grown immensely as a result of the COVID-19 pandemic and the increased demand for digital financial services. 8% of US adults and millions more people all over the... read more
Traditional banks cannot avoid adapting to the new requirements and desires of their customers if they want to stay relevant. The focus, therefore, should be on creating a compelling mobile... read more
The post Beyond payments: Why banks need to embrace the super wallet appeared first on Payments Cards & Mobile.
Pay.UK and 15 of the UK’s banks and building societies have announce their decision that Paym, the mobile payments service, will close permanently to customers on 7th March 2023. The... read more
In a new white paper, digital transaction security specialists CyberloQ argue current paradigms for securing mobile transactions don’t work. Failsafe authentication, including laser-focused geolocation technologies, are a must if we’re... read more
The post Mobile transaction security is failing – here’s how to fix it appeared first on Payments Cards & Mobile.
The Reserve Bank of Australia (RBA) has announced a marked change in its position on Least Cost Routing (LCR) – how banks and credit card companies prioritise payments in the... read more
The post Reserve Bank of Australia shifts position on Least Cost Routing appeared first on Payments Cards & Mobile.