The global value of contactless POS (point of sale) terminal transactions, conducted in-store via cards, mobile and wearables, will approach $500 billion annually by 2017; this is up from an estimated $321 billion this year. However, the low value nature of contactless payments means that it will only represent just 5% of the total value…
Giesecke & Devrient, Gemalto, and Apple are big winners in the 2016 Future Digital Award Winners Announced for Commerce & Fintech by UK-based Juniper Research. The award winners and runners-up in each category were as follows: Digital Banking – Best System Solution Winner – EdgeVerve Systems Finacle Omnichannel hub Highly Commended – Bankable…
New research projects the value of digital and physical goods purchased through mobile ‘OS-Pay’ platforms will increase by fifteen times in the next two years. A combination of in-app purchases and website retail payments is projected to drive annual spend via Apple Pay and Android Pay to $8 billion in 2018, up from $540 million…
In today’s CardFlash News Que: TIMETRIC (Mexico); SYNCHRONY (volunteers); THREATMETRIX (award); and GEMALTO (award).
The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, representing growth of more than 100% from the end of 2014.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Jonathan Davidson, executive vice president and general manager, Juniper Development and Innovation (JDI).
In today’s CardFlash News Que: HEARTLAND (VersaPay); TOUCHSUITE (Top 500); CLEARENT (Top 5000); and SIMPLYTAPP ( HCE Award).
Visa announced the opening of a new technology development center in Bangalore, India, that will play a central role in the company’s efforts to accelerate digital commerce globally.
Juniper Research has revealed how Service Providers are benefiting from the boom in mobile money transfer services – with $2bn in revenues forecast for this year and $4bn annually 2018.
The Visa Board of Directors elected Lloyd Carney as a new independent director. Mr. Carney will also serve as a member of the Board’s Audit and Risk Committee.
Nearly 60% of anticipated data breaches worldwide in 2015 will occur in North America, but this proportion will decrease over time as other countries become both richer and more digitized. Plus, the average cost of a data breach in 2020 will exceed $150 million by 2020, as more business infrastructure gets connected.
Munich-based PAY.ON and CA-based Planet Payment have buddied to enhance Planet Payment’s international service offering with PAY.ON’s innovative gateway solutions. Planet Payment anticipates launching the service in the second quarter.