Tag Archives: Payments

A new Juniper Research study has found that nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up by nearly …

The way people make payments is changing faster than any area of financial services, and understanding trends in payments is important for any financial institution wanting to serve the complete …

The days of plastic payment cards are numbered, and mobile wallets are starting their taking over. The recent global rise in contactless payments, as well as biometrics, demonstrates that consumers …

Google has announced that Android and iPhone users can initiate P2P transactions through voice commands in Google Assistant. Users can both send money and request a transfer of funds via …

The National Bank of Tajikistan has issued three-year licenses to several international (Visa International, MasterCard, UnionPay and Western Union) and one national (Corti Milli) payment system operators. A license gives …

Payment startups have seen considerable momentum in recent years and are on track for USD 3.8 billion in funding this year. From point-of-sale solutions to money transfers and mobile payments, …

A new law has been introduced in Japan to reduce the high usage of cash in the country. The law, which is being gradually phased in over the next two …

Chocofamily has launched a new mobile application called Rahmet. The application allows users to pay bills from their phone and receive up to 20% in cashback and other discounts. The …

Uniteller and Optima Bank have joined forces to launch a new online payment service, meaning that a number of additional services may now be paid online using Visa bankcards. This …

Amazon, the world’s largest online retailer, has created special accounts as part of a new banking service. This new service, however, does not imply that Amazon intends to launch its …

Electronic payments for goods and services are commonplace in the modern world. But have you ever wondered what happens behind the scenes? Explore how all the different parties involved are …

Pasha Bank has been recognized as the leading bank in the field of non-cash payments in Azerbaijan. Currently, 90% of payment transactions and currency exchange operations conducted by legal entity …

VTB Bank (Armenia) is now offering its customers new and technological services at ATMs. Customers of the bank can now use ATMs to withdraw money, make payments, execute money transfers …

China UnionPay has teamed up with more than 30 local commercial banks and payment institutions to launch a unified app for the country’s banking industry. The Mobile QuickPass app is …

London is set to host FinTech World Forum 2018, which will take place May 30-31, 2018. The event will feature 25 speaker and more than 300 delegates, speaking on a …

bPay, payment division of the British company Barclaycard is working with seven watch brands to create a new payment tool that is also stylish and functional as a watch. bPay …

In Singapore, seven mobile wallet providers have formed a payment consortium as part of an effort to promote electronic payments in Singapore and with the aim of supporting interoperability among …

Bank of Russia is considering introducing a common payment space within the Eurasian Economic Union (EEU) based on blockchain technology. The introduction of Masterchange would allow for financial transactions and …

Voice-enabled assistants such as Alexa, Siri and Google Assistant are increasingly becoming an integral part of many people’s daily life. Several banks, financial institutions, and new FinTech players have already …

There are various ways of identifying a person biometrically. Here are the top five modern biometric methods of identification today: Fingerprints — fingerprint usage for identify has evolved with modern …