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The US Consumer Financial Protection Bureau (CFPB) has issued a warning to consumers about the dangers of virtual currencies such as Bitcoin.
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The mobile payments industry is growing so fast that it’s hard for business analysts to keep up. Some estimates set the global value of mobile transactions at USD 1.5 trillion by 2017, others predict that the Chinese market alone will be worth USD 1.4 trillion by next year.
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| New Products & Technology |
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The restaurant booking giant OpenTable has announced the expansion of its tableside mobile payment progamme following a successful pilot in San Francisco.
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MasterCard and First Data have announced that they are partnering to provide a unified solution for First Data’s FirstVision platform powered by VisionPLUS, by introducing MasterCard inControl for banking clients and customers in Asia Pacific.
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Payzone Nordic one of the largest electronic fund transfer networks in Sweden, generating sales of around EUR 8m last year and processing over 150 million transactions per year across the retail, hotel and restaurant sectors.
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