The end of 2015 could not have been stronger for the Chinese FinTech scene what with Alibaba consumers spending an astounding $14.3 billion on Singles Day and Apple scrambling to make a mark there. The infographic, made by our sister publication Bobsguide, goes a long way to explain just why China's FinTech scene is so appealing.
FitPay, a wearable payments startup, has managed to secure a $3.1m seed funding round. The interesting thing here is that FitPay isn't a wearable device, but rather it allows companies that make wearable devices to add contactless payment capabilities to their products.
Visa is opening the door of its payments network to developers in a bid to leverage new innovations and keep pace with how consumer and businesses want to interact with money. The firm is launching Visa Developer, an open platform that it’s describing as a global ‘playground’ for developers.
Momentum continues to build in the blockchain space with news that Blockstream just secured $55m in fresh funding to help accelerate the deployment and exploration of blockchain and bitcoin technology across different industries.
Apple hasn't exactly had a great start to the year, but could the introduction of smartphone-compatible ATMs kickstart its lagging mobile payment service?
From security to user experience, one surprising piece of tech could help payment providers address 2016’s biggest bugbears.
Many Canadians are moving towards modern payment methods such as credit and debit cards and leaving cash behind, according to a new survey from marketing company GfK, which found that the amount of cash transactions has decreased in 2015 compared to the previous year.
New research highlights Visa Europe's dominance over the contactless market in Europe, but with MasterCard not too far behind and growing countries adopting the tech, that dominance may very well change in the next five years.
The UK is the fourth most digital-ready country according to the latest research from Citigroup and Imperial College London. Finland was top for the third year running whilst Singapore and the US came second and third respectively.
Value-added service, mPOS, contactless ecosystems – what are the payment predictions for 2016? (Infographic)
In the first month, PaymentEye has explored several key payment trends. We have covered Big Data being a game changer in the world of mobile payments, contactless technology going from strength to strength, particularly in the world of transport, and cash having too many benefits to disappear. But what about the other, more left-field trends such as unattended payment solutions? This infographic breaks down Ingenico's predictions for 2016.