A new study from Juniper Research has found that Visa and Mastercard’s distinct evolutionary strategies in digital payments will underpin the success of a market expected to increase from $3.8 trillion (€3.20 trillion) globally this year to more than $5 trillion (€4.21 trillion) by 2020.
Global spend via mobile wallets is expected to rise by nearly 32% this year to US$1.35 trillion. That is according to a new study from Juniper Research.
Rambus Ecebs has announced a mobile ticketing product suite leveraging Host Card Emulation (HCE) technology to securely load virtual smart cards onto smart phones for the public transport industry.
A new study from Juniper Research has found that the number of consumers making contactless payments via their mobile handsets will reach 148 million this year, with Apple and Samsung together accounting for nearly 70% of new customers.
A number of trends will be visible at Mobile World Congress (MWC) 2016. Here Dr Kevin Curran of Ulster University, describes some of the features.
Google announced Android Pay yesterday at its I/O conference. The internet giant outlined a set of APIs that will allow developers to add an Android Pay button to their app and banks to enable payments in their existing applications, facilitating in-app and in-store payments on Android devices with KitKat 4.4 and above. This is a big deal. With 70% of Android handsets incorporating NFC and [...]
In February 2014 during the Mobile World Congress event, Visa and Mastercard announced that the both firms will support Host Card Emulation (HCE) initiative in order to help the take up of NFC services. PayPal entering the physical payment world with a wallet and Apple’s new iPhone 6 supporting NFC features with the Apple Pay wallet, HCE initiative caused strong disruption among payment [...]
Juniper Research has awarded its prestigious “Future Mobile Gold Award” to Giesecke & Devrient (G&D) for „making an outstanding contribution to the future of the mobile contactless payments market”. For Edgar Salib, senior vice president and head of the Financial Institutions division at G&D, this award confirms G&D’s position as “an innovative technology and valuable [...]
I was prepared for Mobey Forum’s third annual Mobey Day event to be a lively affair. Bringing banks together with, amongst others, GSMA, chip manufacturers and mobile payment software providers to discuss the future of near field communication (NFC) was always going to ignite debate.
SIMalliance, the global non-profit industry association which simplifies secure element (SE) implementation to drive secure mobile services, will bring together a number of experts from across the NFC ecosystem in October. It will host an interactive workshop designed to help banks and other secure NFC service providers – such as merchants and transit operators – understand the importance [...]
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