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Global P2P mobile payments value set to grow by 40% in 2017
The value of global P2P mobile payments is set to increase 40% to $540 billion by end-2017, Juniper Research forecast....
Banks at risk of missing the open banking opportunity
Monitise FINkit has announced the key findings from its research into senior banking executives’ priorities, challenges, and future plans surrounding open...
Competition increases for China’s $5.5 trillion mobile payment market
China’s mobile payment market is more than 50 times bigger than that its US counterpart sitting at $5.5tn and is now...
Apple rumoured to be in talks to launch Venmo alternative – Apple iCash?
Apple is once again rumoured to be building its own money-transfer service to take on the likes of Venmo. The company has...
Dutch banks join forces to launch all-in-one mobile payments app Payconiq
Six of the major Dutch banks – ABN Amro, ASN Bank, ING, Rabobank, Regiobank and SNS – say they will...
Social network payments now reach nearly $3 trillion in China
A new UN study reveals that social network payments through Alipay and WeChat Pay enabled $2.9 trillion in Chinese digital payments...
BBVA complete blockchain based money transfer pilot with Ripple
BBVA just completed the first real-life implementation of an international money transfer using Ripple’s new Distributed Ledger Technology (DLT). The...
Updated Android Pay selected by top global banks to enhance mobile banking apps
Android Pay has linked its mobile wallet service to a handful of mobile banking apps, giving consumers the ability add their...