01 November 2014

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Turkey's Bankalararası Kart Merkezi (BKM) has developed a Google Glass app that lets users access their digital wallets and make payments through voice commands and QR codes.

As November approaches, data science company Feedzai is warning that the month is the fraudsters' favourite, when both card-present and card-not-present crime spike.

A significant proportion of North Americans - 40% - have used their smartphones to make payments at merchant locations, up from just 16% two years ago, according to an Accenture survey.

Rwanda has joined the Better Than Cash Alliance to help accelerate the adoption of electronic payments in the country as part of a commitment to achieve 80% financial inclusion by 2017.

China is finally preparing to put an end to China UnionPay's monopoly on clearing bank card transactions in a move that could open up a huge market to Visa and MasterCard.

MCX, the mobile payments joint venture set up by a coalition of some of the largest retailers in the US, has confirmed that members using the system will be contractually obliged to exclude alternative platforms provided by the likes of Apple and the telco-backed Softcard consortium. Meanwhile, the group has confirmed that pilot participant email addresses have been stolen by hackers.

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