Posts Tagged ‘Mobile Payments’
-
LATEST FINTECH NEWS
 
Fintechist Germany Savings Banks Mobile

Savings Banks in Germany Announce 2018 Rollout of new Mobile Payment Service

by JP Buntinxon October 7, 2017
Most consumers have gotten rather accustomed to the concept of mobile banking applications. That situation is slightly different in Germany, for some reason. Local savings banks are only now rolling out mobile payment services. They certainly are late to the party. This rollout is expected to commence ¬†at some point in 2018. Mobile payments are […]
Fintechist Mobile payments CC

Mobile Payments to Overtake Credit Cards by 2019, UNCTAD Report Claims

by JP Buntinxon October 6, 2017
Mobile payments are slowly becoming the new normal in the world of finance. Although there is still a long way to go, credit cards are feeling the pressure. More specifically, a new UNCTAD report shows credit cards will be dethroned by mobile counterparts very soon. This may happen as soon as 2019, which puts the […]

Fintechist Mobile Payments Fraud

Mobile Payments Fraud can Become a US$25bn Industry in the Coming Years

by JP Buntinxon August 14, 2017
In the world of finance, companies and service providers are looking for new solutions. Mobile payments are often touted as the next big thing in the industry. Unfortunately, these types of transactions are also subject to a high degree of fraud. In fact the year 2015 was a horrible year for mobile payments fraud. Solving […]
O2 Mobile Point-of-sale WireCard

O2 Partners With WireCard For Mobile Point-of-Sale Venture

by JP Buntinxon August 5, 2016
The payments industry is undergoing some significant changes as of late. O2, best-known for its telecommunication operations across the world, is venturing into the mobile point-of-sale market. The company is tackling the Czech Republic market first, thanks to a partnership with Wirecard. In this day and age of innovation, mobile devices are playing an increasing […]

Transaction Laundering Mobile Payments

Transaction Laundering Threatens Mobile Payment Ecosystem

by JP Buntinxon July 1, 2016
Electronic crime is one of the biggest threats finance has faced throughout the years. Money laundering continues to rise, despite preventive measures by financial institutions all over the world. Criminals are focusing their attention on the mobile ecosystem now, through transaction laundering. Big data will help to identify irregular transaction patterns. The evolution of mobile […]
Fintechist_Restaurant Mobile Payments

Mobile Payments Make More Sense For Fast Food Than Restaurants

by JP Buntinxon June 19, 2016
When mobile payment technology was first introduced, a lot of financial experts expected an adoption boom in the restaurant industry. As it turns out, that industry is very tentative when it comes to financial innovation. Retailers were among the first group to embrace these solutions. In the end, it all comes down to growing the […]