Indus OS has overtaken global giants such as iOS, Windows and Cyanogen to emerge as the 2nd most popular OS in India. Counterpoint Market Research says Q1 FY 2016-17 saw a total of 24.8 million smartphone devices sold in India, of which 1.4 million devices were powered by Indus OS. The indigenous operating system is…
Gemalto inked a deal with JETCO to provide Ezio Mobile Suite, including servers for mobile enrollment and provisioning, authentication and messaging. JETCO runs on its existing inter-bank network, is a bank consortium chartered to develop innovative and secure financial technology services for over 30 member banks in Hong Kong and Macau. Gemalto’s solution, integrated with…
The leading provider of Sport Life Management web software and mobile applications for youth, amateur, and professional sports has added a new financial tool to help youth sports organizations manage their finances with transparency and simplicity. Sport Ngin has released Sport Ngin PowerPay beta offering a simplified way to create bills, collect funds, and manage…
Weighing the increase in the use of advanced technologies such as mobile payments and digital wallets and the high adoption of cloud technology by organizations, the global payment gateways market will progress remarkably over the next four years. UK-based Technavio analysts forecast the global payment gateways market to grow at a CAGR of 14% through…
Saks Fifth Avenue, Poshmark, and North American Bancard have all jumped on the MasterPass digital payments platform train. While Saks and Poshmark will offer MasterPass soon, NAB Velocity, the omnichannel payments platform from North American Bancard, will offer the digital payments platform to its customers starting later this year. MasterPass is a simple, convenient, trusted digital…
A new report projects mobile operators could be handling US$142 billion in m-commerce revenue by 2020 if the barriers currently facing carrier-driven payments are overcome. The report, which was independently conducted by Ovum Research on behalf of DOCOMO Digital, claims if operators, vendors and regulators don’t work together to clear these barriers, carrier-driven payments as…
San Francisco-based Fortumo has launched direct carrier billing in three new African markets. More than 52 million people in Cote d’Ivoire, Ethiopia and Senegal can now make seamless digital payments and get the purchases charged to their mobile phone bill. App stores, digital merchants and game developers using Fortumo can now significantly increase their online…
A new survey reveals a mere 21% of merchants surveyed have completed an omni-channel payments program. This includes primarily large grocery and department store operators. Notable and concerning is that 46% have no plans for an omni-channel payments program within the next 12 months. The survey of nearly 100 retailers by PCM Research and ACI…
India’s Accept Express startup says it has developed a first-of-its-kind solution where the approval rate on card transactions is 99.9%. The payment platform offers payment acceptance solutions including Card Payment Acceptance, Online Bank Payments, E-Commerce, POS and Mobile POS Solutions. Accept Express received its first step funding of $12 million from White & Brooks Private…
In Other News: WAVE (CCB); APRIVA (SEAA); EMV (resources); and SHOPIFY (product). WAVE – Wave Sync announced that Guangdong Branch of China Construction Bank, one of China’s four major banks, launched a pilot program to issue new audio bank cards embedded with our inlays. Under this pilot program, audio cards with our inlays, once applied…
Rooam, the first socially connected mobile payment app enabling users to pay for drinks, explore local events, and find friends at bars, lounges, and clubs, has attracted seed funding. Rooam has raised $1.2 million in a seed funding round from several private investors. The funding will accelerate the full development of its cashless mobile payment…
IA-based Dynamic Scrip has unleashed mobile payment rewards program Dynamic Pay offering consumers up to 10% cash back. As one of the largest mobile payment retail networks in the country, Dynamic Pay offers up to 10% cash back to consumers for everyday purchases at over 200 national retailers spanning more than 300,000 locations around the…