A year on from its launch, Apple Pay is continuing to win over more consumers in the US. However, not all is rosy as its growth has slowed down, according to new research from Phoenix Marketing International.

MasterCard is trying to stay ahead of the FinTech herd by launching a programme that aims to turn any object into a payment device across the automotive, fashion, technology, wearables, and ‘yet to be imagined’ categories.

JP Morgan has partnered with MCX, the merchant-owned mobile commerce network which includes retailers such as Walmart, Target, Best Buy and Shell, to launch its own mobile payment service, Chase Pay.

At its innovation lab in New York, Citi is currently testing Diebold’s new machine, an ATM that doesn’t have a screen, keypad or even a card reader.

Six new organisations have signed up to become associate members of Payments UK, the trade association for the payments industry.