20 December 2014

All payments news

Apple iPhone

Apple Pay shows impressive early adoption

19 December 2014  |  0

Apple Pay has the ability to significantly transform the mobile payment space says ITG Research, on the release of figures which show that iPhone users were responsible for one percent of digital payment dollars spent in the month of November.

With the price of bitcoin continuing to crater, Silicon Valley-based crypto-mining outfit PeerNova has raised $8.6 million in funding to refocus its business on blockchain-based enterprise products.

The UK's Payments Council has committed to explore options for incorporating richer data sets alongside business and consumer electronic payment transactions.

British consumers are increasingly prepared to switch banks to access mobile payments, as anticipation for new ways to pay builds, according to new research from mobile payments company Zapp.

US community banks are calling for a crackdown on merchant security protocols after reissuing nearly 7.5 million credit and debit cards at a total cost of more than $90 million as a result of the Home Depot data breach.

Hungarian mobile wallet

Royal Bank of Canada adds HCE to mobile app

18 December 2014  |  0

Royal Bank of Canada has implemented Host Card Emulation for its mobile banking app, enabling customers to pay with most Android mobile phones without worrying about being on the right mobile network or having the right SIM card.

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