Contactless payments in the UK increased by 166% in 2016
It's beginning to look a lot like contactless, everywhere you go. So much so that contactless payments have increased by 166% year-on-year, according to new research from Barclaycard.
PayPal partners with Citigroup on mobile payments
PayPal has partnered with Citigroup to make paying using mobile phones easier. As part of the deal, Citi will become the first bank to have its cards tokenised for in-store purchases using PayPal.
Carte Bancaire chooses Gemalto to supply mobile payments solution
France's interbank network, Le Groupement d'intérêt Economique des Cartes Bancaires (CB), has chosen digital security company, Gemalto, to supply Pure - it's payment solution for mobiles.
Starbucks and Tencent’s WeChat partner on gifting features in China
Saying thanks in China has just got a whole lot more caffeinated as Tencent, the company that owns the social media platform WeChat, has struck a deal with coffee chain Starbucks to introduce a gifting feature into the platform.
Millennial smartphone banking app, Loot, has launched
Loot, the smartphone banking app aimed at helping millennials stay on top of their finances, has finally launched this week and started to open accounts of the 25,000 people on its waiting list.
Gone in six seconds: hackers only need seconds to guess card number and security code
Six seconds is all it takes for fraudsters to hack Visa credit or debit card security, a new research study from Newcastle University has claimed.
ING scraps Twyp app in the Netherlands
ING has announced that it is scrapping Twyp, its peer-to-peer payments app, in the Netherlands following negative feedback from its customers.
Barclays to roll out contactless cash
Barclays is set to jump on to the contactless cash trend by allowing customers to withdraw up to £100 by tapping their smartphones or contactless cards at the ATM.
British shoppers frustrated by in-store experience, turn to technology
With Black Friday approaching, it's time to take a quick look at how the modern day Brit likes to shop, and it looks like the behaviour is in the midst of a noticeable evolution.
Alipay continues European expansion strategy with French connection
Alipay has partnered with the Printemps group, with its Printemps Haussmann store becoming the first department store to accept the Chinese company's mobile payments app.
