Following the recent launches of both Samsung and Android Pay in the US, mobile payments are quickly gaining traction. But to ensure a new payment method remains popular with consumers, it is important to understand why and where they would use it.
For example, nearly half of US consumers who use mobile payments say they use it for quick-checkout, clearly showing that speed is a very important factor in a payment method.
Applications are the most popular purchases on mobile devices with 22 per cent downloading them.
This handy infographic from Application Developers Alliance breaks down the rest of the data about mobile payments.
Coalfire validates the P2PE services of the largest independent retail support service provider in the UK.
The Emerging Payments Association discuss the impact of Brexit on the fintech industry at the latest payments industry event.
Jonathan Quin, co-founder and CEO of World First, explores how established financial institutions and newer fintech disruptors stand to benefit from collaborating with one another in the fast-moving financial services sector.
With advancements in technology and the subsequent availability of data, it seems surprising that banks seem to know less about their customers than ever before.