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Global payment trends and digital technologies are driving change in the payments world. The omni-channel payment behaviour of increasingly online consumers and retailers counter-acting demand for omni-channel payment service acceptance is a real challenge for the payments industry. Consumers are also aware of and actively want to make use of mobile banking apps to pay [...]
The post Open Retailing and Open Banking – Payments Industry Challenges appeared first on Payments Cards & Mobile.
Worldline will buy the payments unit of Swiss stock exchange operator SIX Group in a $2.75 billion deal, in the latest example of consolidation within the sector, as financial sector companies seek to benefit from the shift towards electronic and online payments. The French company said its acquisition of SIX Payment Services would largely involve [...]
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At the last “Build 2018”, Microsoft announced that it will add its mobile payment and digital wallet service, Microsoft Pay, to Microsoft Outlook. The new Microsoft Pay integration will allow users to make payments for invoices or bills received via email right from their inbox. This means that users will no longer be redirected to a third-party [...]
PayPal has reportedly filed a patent to speed up cryptocurrency transaction times by eliminating the verification time of the payment, However, some experts argue that this is already made possible through existing technologies in the cryptocurrency industry. PayPal filed a patent with the US Patent and Trademark Office (USPTO) for a technology that is supposed [...]
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Australias new Faster Payments platform has been officially launch and is the result of collaboration between 13 members of Australia’s financial services industry, including Australia’s four major banks and the Reserve Bank of Australia. Services that use the Faster Payments platform’s capabilities will commence rolling out soon from about 60 banks, building societies and credit [...]
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