Russell King, founder and CEO of Paycasso, spoke to PaymentEye at this year’s PayExpo at London’s Excel Centre about the opportunities and issues facing biometric technology.

The UK’s first ever service giving consumers completely free access to their credit report and credit score begins beta testing today, and will be available to the UK public later this month.

PayByPhone, part of payments technology company PayPoint plc, has introduced an app in Geneva that will allow users to pay for their parking via their smartphones.

Over 500,000 Android users will be able to digitally cash cheques through Barclays’ imaging application, with the service also being made available to iPad customers.

The Bank has appointed Benoit Legrand as its new head of FinTech, a newly-created role. He will be responsible for creating and implementing ING’s strategy on new financial technology.

MasterCard has made changes to its leadership setup in Asia Pacific, with former president Matthew Driver gaining the role of group executive, while a new role has been created to improve payment infrastructure in the region.

According to new research the rise of new contactless payment methods has led one in every four people to say that the UK will become a cashless society within the next decade.