Search Results for: digital payments
Apple Wins Battle With Australia Banks Over Mobile Payments
November 29th, 2016
Apple Inc. won the first round of a battle with Australia’s largest banks, which have been trying to force the tech company to offer them access to its Apple Pay technology that allows smartphones and tablets to communicate with ...
Sweden could soon be the first country in the world to have its own digital currency
November 21st, 2016
Sweden’s central bank is looking into launching its own digital currency, it has revealed. If the e-krona is indeed launched, it would make the Riksbank the first major central bank in the world to have a digital currency. “The ...
SETL and Deloitte joined forces to produce a contactless payments card
November 15th, 2016
London-based fintech company SETL and global auditing firm Deloitte DLTE.UL have joined forces to produce a contactless card that enables retail payments to be processed and settled almost instantly by the means of blockchain technology. The payment card, which ...
Mobile Payments soar as Europe embraces new ways to pay
October 12th, 2016
The number of Europeans regularly using a mobile device for payments has tripled since 2015 (54% vs 18%) 74% of British consumers are ‘Mobile Payments users’ – people who manage their money or make payments using a mobile device ...
Cashless Society Gets Closer: Now You Can Make Payments Using Apple’s Messages
October 5th, 2016
Users of Apple’s iPhone can now send each other money, direct from the Message app, thanks to a service called Circle. Money can be sent in euros, dollars, pounds, or—of course—bitcoin, and comes straight from your bank account, without ...
KPMG to introduce Digital Ledger Services to help financial services companies
September 15th, 2016
KPMG launches digital ledger services to help financial services companies implement blockchain technology KPMG in Canada announced the introduction of its Digital Ledger Services, a comprehensive suite of services designed to help financial services companies realize the potential of ...
Digital payment firm has bought finance app maker in a $7.5 million deal
September 12th, 2016
Digital retail finance and payment industry player zipMoney has bought personal finance management app maker Pocketbook. The deal includes $6 million upfront and another $1.5 million, depending on a set of milestones. The acquisition strengthens zipMoney’s position in Australia’s ...
Use of contactless payments in UK overtakes cheques in 2016
September 2nd, 2016
For the first time, Brits are more likely to make a payment using a contactless card than a cheque book.New research from Mintel reveals that cheques have been used by less than one third (31%) of Brits in the past three ...
FinTech Group and Rocket Internet are working together to create digital banking services in Europe
July 28th, 2016
FinTech Group and Rocket Internet are working together to create digital banking services in Europe Rocket Internet will use liability umbrella and technical infrastructure of FinTech Group’s subsidiaries XCOM AG and Bank biw AG Rocket Internet brings expertise in ...
The rising trend of cashless payments
July 21st, 2016
Contactless payments are rapidly gaining ground across the globe. Driven by customer convenience and efficiency, this innovative payment method has opened up new dimension for daily transactions undertaken by consumers. Mobile wallets, online payment providers, near field communication (NFC) ...