Payments Technology

Payments Technology

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Are biometric payments ready to break out yet?

Although 15% of consumers have made a biometric payment in the past year, research from Transaction Network Services (TNS) shows biometric payments are not ready to break through into common use according to a survey of more than 3,000 in the US, UK, and Australia. ...
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contactless payments future
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Contactless payments will reach $2 trillion by 2020

A new report from Juniper Research says in-store contactless payments will reach $2 trillion by 2020, representing one-third of the total point of sale transactions. Driven by payment cards and mobile wallets, contactless payments will reach $1 trillion by the end of this year, a ...
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global payments news
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May 18 PaymentsNEXT: Payments industry news

This week’s payments industry news features an in-depth look at PayPal’s acquisition of mobile payments provider iZettle, research on the impact of real-time payments on merchants and our usual Friday global payments news roundup. Just in time for your weekend reading. PayPal acquisition of iZettle ...
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payments security
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Payments research: 77% of merchants say real-time payments to replace cards

A new ACI Worldwide/Ovum payments research survey says 77% of merchants expect real-time payments to replace card payments in the near future. The report also offers other valuable insights into merchants and payments preferences and challenges. Most important to payments providers, 65% of merchants are interested ...
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Mastercard biometric cards, Shopify & Microsoft Outlook payments

Our newsletter looks first at MasterCard biometric cards that allow cardholders to verify their fingerprint at home. Next, we examine Shopify’s brand-new merchant payments features and some back-office improvements to their e-commerce platform. Finally, Microsoft introduces payments using its Outlook email program – an idea ...
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Shopify's new features
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Shopify tunes up merchant payments tools

Shopify launched a basket of new merchant payment features at its annual Unite conference in Toronto, Canada. Chief among the new features were enhancements for retail products, new features to help marketing efforts and back office tools and enhancements for more efficient business operations. Shopify ...
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Bancor Wallet
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Bancor Wallet auto-converts cryptocurrencies

With 1,600 cryptocurrencies now listed on CoinMarketCap.com, it’s nearly impossible for an investor to quickly buy, convert and sell more than a small handful of standard cryptocurrencies. Bancor’s launch of its new cryptocurrency wallet allows users to buy, store, manage, and convert automatically between any ...
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hackers try Malaysian Bank scam
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Hackers try SWIFT payments scam in Malaysia

When you think of payments scams, you tend to think first about cryptocurrency or bitcoin and not a compromise of the international banking system’s Society for Worldwide Interbank Financial Telecommunication or SWIFT network. The Malaysian central bank narrowly avoided a serious payments cyberattack by hackers ...
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Send money via Google Assistant and soon by Google Home

Now, you can send or receive money using Google Assistant via voice on your mobile phone and soon on Google Home devices as well.  ...
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Google Pay launches new combo payments app

Google launched Google Pay on Tuesday – its effort to consolidate and compete directly with Apple Pay and other global mobile payments competitors. The new Google Pay app replaces Android Pay, used to pay at checkouts, and Google Wallet, which let users send money to ...
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