How PSD2 and Open Banking will shape the future of payments

Building out the future of retail Internet of Things (IoT) is complicated work, according to Mastercard SVP of Internet of Things Partnerships Stephane Wyper, because the options for IoT are evolving by the day with new

The number of people using mobile contactless payment such as Apple Pay or Google Pay will continue to grow to more than 760 million by 2020, with Apple’s digital wallet leading the way, according to the

There are far greater implications to open banking than people realise. The new legislation provides consumers with more user-friendly access to their transactional data – and brands should be prepared for the significant changes in shopper

There are far greater implications to open banking than many realise. The new legislation provides consumers with more user-friendly access to their transactional data – and brands should be prepared for the significant changes in shopper

If banks get it right, PSD2 can help banks retain their large customer base by offering newer, practical services their customers today expect. GDPR could mean a world of new opportunities for banks, like strengthening customer

Financial services analyst CACI reports that last year 22 million customers used mobile banking apps to manage their current accounts – an average increase of 3.4 million users a year in over the past five years.

During a recent cab ride on business in China, my driver relayed to me that his riders almost never pay him in cash, and when they do — because it is so rare — he becomes

When it comes to social media and online shopping, people expect personalisation and convenience. And when it comes to their banking, many people want personalisation and convenience, even if that doesn’t always seem possible. That could

Singaporeans are adopting online payments with such gusto that the Government is hoping that the country will be cheque-free by 2025. The latest step will allow business owners and the Government to receive payments instantaneously, without

It’s been six months since the EU’s open banking directive came into effect. Explore the impact so far, what PSD2 means for industry incumbents and disruptors, and what the face of banking will look like in

Payments systems vary across the globe, from cash-based economies to those driven by credit. The way consumers pay in the US, for example, might seem obsolete to consumers in other countries. In Kenya, anyone with a

The notion of a self-checkout driven by a mobile payments system coupled with a mobile app or in some rarer cases a mobile website, is a welcome one for many. In the UK, however, it’s being

Vipera (LON:VIP), SMEs represent 99% of the businesses in Britain – there are now more than 5.7 million of them, up from 4.6 million in 2011, and they contribute more than £200 billion to the UK

We are seeing the banking industry continue to move more transactions to digital channels and adjusts the technology used in back-office operations, costs are being reduced, productivity is increasing and response to risk and compliance needs

eCommerce has moved beyond computers and smartphones. Today you’ll find a growing number of connected devices, including sensors, fashion accessories, and appliances. This shift is poised to disrupt the traditional eCommerce payment ecosystem. Another factor that

Wandering the streets of Shanghai to admire the architecture, the head of one of the largest U.S. consumer banks recently found himself surrounded by a gaggle of teenagers. Entranced by their phones, they hardly made way