According to research from Accenture, non-banks could steal one third of traditional revenues by 2020 – with mobile payments leading the attack. But MasterCard and Visa’s announcement to support HCE is a game-changer that may protect banks’ outlooks.
To explore in detail the battle for the future of payments, read Open Mobile Media’s exclusive white paper including in depth research, analysis and survey responses from over 250 mobile payments experts.
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It is interesting to note that fewer than one-third of respondents believe NFC will become the technology of choice for mobile payments. What does this mean for recent HCE announcements?
Using Ripple's enterprise blockchain solutions, Standard Chartered has completed its first real-time cross-border payment for businesses with another major correspondent bank.
Three years on from being acquired by PayPal, Braintree, a company which allows merchants to process a range of different payments, has revealed the number of its payment transactions has increased by 25 times.
The problematic US EMV rollout and the larger question: Is EMV actually protecting retailers against fraud?
In this guest post, Vlad Branin, VP, Professional Services, Zooz, talks about the ins and outs of US EMV adoption: process of rolling out and the specific benefits.
Fresh from its $4.5bn IPO, Nordic payments processor Nets has picked Spire as its partner to help with the physical roll out of mobile payments for Dankort customers.