The Co-operative Group teams up with Eckoh for protected payments
British consumer giant The Co-Operative Group has partnered with Eckoh, a payments security firm to improve the way it processes transactions made over the phone.
British consumer giant The Co-Operative Group has partnered with Eckoh, a payments security firm to improve the way it processes transactions made over the phone.
More than three quarters of Android users are open to using their smartphone to pay for items, but just three per cent would consider using Apple Pay, a survey has found.
Ted Chayney, a payments veteran with more than 15 years’ experience within the sector, has joined cloud-based solutions firm Payveris as svp, Strategic Alliances. Chayney is looking to expand the group’s partnership channels and advance its alliance strategy.
In a climate of political and civil unrest, MasterCard is helping non-governmental organizations (NGOs) distribute aid and basic supplies to third world countries without the need of a telecommunications infrastructure.
One in four customers that own an Apple Pay compatible device use the software to pay for goods and services, a report from eDigitalResearch has found.
American startups in the payments and FinTech sector can apply to be part of Commerce.Innovated., a programme developed by MasterCard and Silicon Valley Bank (SVB) that aims to help new technology companies grow their business.
Velocity, a British digital hospitality service, has acquired US restaurant mobile payments brand Cover as it looks to connect premier restaurants with affluent diners using their smartphones.
Visa has scrapped its joint mobile payments venture with banking platform Monitise, as Indian telecommunication companies refused to share their network with the card giant.
Google has completely redesigned its mobile wallet application for iPhone users, transforming it into a peer-to-peer payments service which enables consumers to manage transactions between friends and family.
As more and more consumers start to use prepaid cards to control their spending limits, BBVA Compass has launched a budgeting app alongside the release of its Visa prepaid card.