Latest Industry News RSS

Around 185 million consumers in Europe are expected to use mobile payment apps over the next 12 months, according to an ING survey of more than 14,000 individuals around the world. The survey found that while 33% of Europeans with access to a mobile device such as a smart phone or tablet have already used [...]

The post Europeans favouring mobile payments appeared first on Payments Cards & Mobile.

BBVA Compass customers is teaming up with the Dwolla digital currency platform to enable consumers to make real-time payments. BBVA Compass is bypassing the traditional routes and using Dwolla’s FiSync protocol, which enables the confirmation of good funds, secure authentication and real-time availability of money to and from the Dwolla network. Transactions over $10 will [...]

The post BBVA Compass teams up with Dwolla for real-time payments appeared first on Payments Cards & Mobile.

Commonwealth Bank of Australia (CBA) has released new apps for Apple and Android wearables such as smart watches. CBA’s apps for Android and Apple smart watches will allow users to check their balance, find the nearest ATM and make cardlessATM cash withdrawals with the Cardless Cash function. With the launch of the apps and by [...]

The post CBA launches apps for Apple and Android wearables appeared first on Payments Cards & Mobile.

Regulation of the digital currency marketplace would need to be co-ordinated by a global body such as the Basle-based Bank for International Settlements, according to the Reserve Bank of Australia. The Reserve Bank stated in a response to the Australian Senate Economics References Committee Inquiry into digital currencies that “digital currencies represent an interesting development [...]

The post Digital currency regulator should be global body appeared first on Payments Cards & Mobile.

Tech giant Microsoft is planning a move into host card emulation (HCE) mobile payments by preparing for the regulatory approvals needed for the launch of such a service. Microsoft unveiled its mobile payments system for handsets running its new Windows 10 operating system last month. The system supports secure element-based payments along with HCE. Microsoft’s [...]

The post Microsoft gears up for HCE-based mobile payments appeared first on Payments Cards & Mobile.