The majority of people who use mobile banking want their mobile devices to recognise them instantly through biometric technology rather than passwords and usernames.
The restaurant retailer Jamba Juice and restaurant analytics platform Fishbowl have collaborated to create a mobile wallet that will contain promotions that can be redeemed on Google’s Android Pay.
Russia’s central bank will meet with the nation’s financial representatives next week in order to discuss the use of Bitcoin in Russia.
Lloyds bank intends to accept cheques via its smartphone app, as its launches a pilot scheme for the technology, using 1700 of its staff to test the service.
Ecobank Transactional Inc., a pan-African banking group, has signed a multi-country agreement with MasterCard that will see the payment processor’s technology become available in 32 sub-Saharan markets.
Verifone Mobile Money has joined forces with Ericsson in a global partnership, making it possible for Ericsson’s merchants to use NFC technology and tap-and-pay services.