Nine out of ten (87 per cent) cybersecurity experts believe that mobile payment data breaches will grow in the next 12 months, but 42 per cent have used this payment method this year, according to a survey by cybersecurity association ISACA.

At The Princess Margaret Cancer Foundation’s Road Hockey to Conquer Cancer, Visa and Global Payments teamed up on a pilot project that enabled the first contactless donations in Canadian fundraising history using a standalone smartphone.

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.

Given the incredible amounts that have been invested in Asian e-commerce companies this year, it should come as no surprise that they make up nearly half of Asia’s top 20 unicorn startups.

Following last week’s CFTC ruling classing Bitcoin as a commodity, LedgerX, an institutional platform for trading and clearing bitcoin options, has moved swiftly to familiarise itself with the relevant legislation by appointing former CFTC commissioner Mark Wetjen to its board of directors.

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.