A pilot of Mastercard’s biometric security protocol showed a 98 per cent success rate, combining fingerprint and voice recognition.

Consumers will be able to charge their bus tickets to their mobile bill thanks to a new partnership between Corethree, an m-ticketing technology firm, and Boku, a direct carrier-billing based mobile payments provider.

Shares in Monitise plummeted 28 per cent in early trade as Visa announced an ‘assessment’ of its 5.5 per cent stake in the company. Visa is planning to reduce its dependence on external resources for the development of its mobile payments services.

US bitcoin merchants like BitPay have followed the example of card companies by avoiding marijuana businesses, but the decision by Canada’s Mega Chill to offer bitcoin payments could open up new opportunities by reducing industry frictions, according to Coin Desk.

Commerce platform Lightspeed has announced plans to incorporate a payment platform into their service for merchants after closing $35 million in new funding.

A German court has overturned a temporary country-wide ban against taxi-app Uber, stating that the ‘urgent’ injunction submitted by Taxi Deutschland had been requested too late.