The volume of non-cash payment transactions is accelerating at a rate of 7.6 per cent year-on-year to reach a record high of 357.9 billion transactions, a report from RBS and Capgemini has found.
MasterCard has introduced MasterCard Identity Check, a suite of technology solutions that leverage advanced technologies to prove a consumer’s identity.
Visa has partnered with energy giant Chevron to launch a mobile payments programme at more than 20 Chevron-branded stations, accepting any NFC payment service.
Ingenico has launched its iUC180B smart terminal in 17 central stations of the Kiev Metro, working with Oschadbank’s acquiring services and MasterCard.
Standard Chartered has partnered with Chinese search engine Baidu to help international FinTech companies flourish in the Asian market.
Over 44,000 bitcoin seized by the US Marshals Service is set to be auctioned next month, with the cryptocurrency being detained as part of a nationwide crackdown on underground marketplace Silk Road.