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India’s latest efforts to shift to digital payments and reduce the nation’s tight grip on cash are in the spotlight, following the government’s recent cash recall and the Reserve Bank of India (RBI) giving its blessing to about a dozen digital payments startups. The newest, BHIM, is controlled by India’s government and is off to a fast start after its first week.
January 5 -
As payment apps that mix social media components gain momentum, industry experts are wary that law enforcement will place even more surveillance and policing roles on payment processors.
January 4 -
Amazon's checkout-free shopping model, currently in testing with employees, is a clear threat to the status quo for retailers. But does it also pose a risk for banks?
January 3 -
The EMV migration, online marketplaces and e-banking are giving crooks lots of places to commit fraud. Security strategy has to be more dynamic to keep up.
January 3Simility -
Nearly two-thirds of U.S. cardholders are familiar with at least one form of mobile payment, marking an awareness trend that continues to rise and could ultimately translate to higher adoption and usage rates.
December 30 -
Consumers want to feel mobile wallets are secure and widely accessible before substantial adoption is possible.
December 30NTT Data Consulting -
Payments software provider Ezetap says an agreement with Pax Global Technology Ltd. will bring "hundreds of thousands" of mobile and mini point-of-sale terminals to India as the country lessens its use of cash.
December 29 -
An agreement between First Global Data and India's Metro Infrasys will bring a one-click mobile payment option to drivers using the country's tollways.
December 29 -
One of the highlights of the holiday season for retailers has been the vast growth of e-commerce, but subscription businesses are also enjoying a sizable bump, providing a potential threat to more static retail gifting.
December 29 -
Online casino Vera&John now offers the Swedish mobile payment app to its users to recharge their accounts and register as new users through the SEQR app.
December 28