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UK: Worldpay Analyses Mobile Contactless Payments for the First Half of 2017
18th Aug 2017 | Written by:
On August 18, 2017, Worldpay published data analysis on mobile contactless payments made in the UK in first half 2017....
Singapore: Wirecard and Singtel Partnership to Roll Out First Virtual Visa Card
17th Aug 2017 | Written by:
Wirecard, which supports companies in accepting electronic payments from sales channels, has announced a partnership with Singtel's mobile wallet Dash to support the rollout of Singapore's first...
Europe: Visa and PayPal Extend Partnership
19th Jul 2017 | Written by:
Visa and PayPal have signed an agreement aiming to increase the offer of their payments services across Europe. The companies are already collaborating in the United States and Asia-Pacific with...
Plastic Cards ‘Will Be History’, Says Singapore Regulator
29th Jun 2017 | Written by:
Singapore’s financial regulator has predicted the end of the traditional card business within the next three years, hailing the launch of an interbank peer-to-peer mobile payment system as a leap...
Apple Pay And Visa Sued Over Tech Dispute
24th May 2017 | Written by:
A Boston-based technology firm has launched legal proceedings against Apple Pay and Visa, claiming the companies infringed patents on electronic payments technology it had invented.
Weekly News In Brief: May 19, 2017
19th May 2017 | Written by:
The European Parliament rejects a list of countries believed to be at high risk of money laundering and terrorism financing; Jersey's financial regulator issues warning and advice about the recent...
Italy: WhatsApp Fined €3m for Forcing Users to Share Personal Data
17th May 2017 | Written by:
On May 11, 2017 the Italian Competition Authority announced that the two investigations opened against WhatsApp in October 2016 for alleged infringements of the Consumer Code have been closed....
China’s $3trn Mobile Payment Market Soars As Europe Watches On
21st Apr 2017 | Written by:
A United Nations report has praised regulators in China for their “wait and see” approach to its multi-trillion dollar mobile payments market, although experts are dubious about policymakers’...
Europe: EPC's Mobile Contactless SEPA Card Payments Interoperability Implementation Guidelines
12th Apr 2017 | Written by:
The European Payments Council (EPC) has published the minutes from the second meeting on mobile contactless SEPA card payments conducted on February 21, 2017, in which the group decided to seek to...
Apple Pay Competition Ruling Justified, Say Legal Experts
7th Apr 2017 | Written by:
Allowing Australian banks to negotiate collectively with Apple for access to its contactless payment technology would have done little, if anything, to increase competition in the card and digital...
Australia: ACCC Denies Banks Access to iPhone's NFC Controller
1st Apr 2017 | Written by:
The Australian Competition & Consumer Commission (ACCC) has issued a determination denying authorisation to four banks to collectively bargain with Apple for access to its near field...
Competition Watchdog Backs Apple Pay In Bank Dispute
31st Mar 2017 | Written by:
Global technology giant Apple has won its legal battle against a group of Australian banks, after antitrust regulators denied them permission to bargain collectively for access to Apple Pay’s...
EPC Publishes White Paper on Mobile Payments (Updated Version)
22nd Mar 2017 | Written by:
Elizabeth Munoz Perez
Following a public consultation, which was carried out between June 1, 2016 and September 1, 2016, the European Payments Council (EPC) has published version 5.0 of its white paper on mobile...
Kenyan Regulator Rebuffs Claims Of M-Pesa, Safaricom Split
22nd Mar 2017 | Written by:
Kenyan regulators have denied wanting to force M-Pesa owner Safaricom to spin off the mobile payments service this week, following reports that officials were poised to intervene in the market.
European Payments Council Consults on Mobile Payments
14th Mar 2017 | Written by:
The European Payments Council (EPC) released its consultation on mobile payments with the aim to assist in the evolution of an integrated market for payments by mobile phone across the Single Euro...
U.S. Claims M-Pesa Vulnerable To Money Laundering
6th Mar 2017 | Written by:
Kenya's mobile payments system M-Pesa has been slated by U.S. officials over its alleged vulnerability to money laundering, in rare criticism for a service widely praised for boosting financial...
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