India is using artificial intelligence (AI) to expand digital payments to rural areas. As the Financial Times (FT) noted in a report Saturday (Aug. 19), while India’s Universal Payments Interface (UPI) is now used by around 350 million, it has had trouble breaking into the country’s more...
The European Commission (EC) is reportedly seeking information about Apple Pay from retailers and Apple’s rivals. The requests by the antitrust regulators of the EU were sent out three months after Apple testified at a hearing on Feb. 14, Reuters reported Wednesday (May 10). Because...
Norwegian FinTech Vipps is seeking the European Union’s help in an antitrust battle against Apple. CEO Rune Garborg told Reuters in an interview published Wednesday (Feb. 15) that the payments company wants regulators to force Apple to allow unrestricted access to its tap-and-go technology so...
From funding development projects to enabling trade, banks not only play a central role in fostering economic growth across the African region. Financial institutions (FIs) are also at the forefront of efforts to digitize African payments, Richard Southey, chief digital and experience officer at pan-African...
August 09, 2017
Sound travels at 767 miles per hour, so if you want a faster contactless payment, audio waves aren’t a bad vehicle for it. But harnessing audio waves for payments purposes is easier said than done, because it’s not like developing an app. It represents the development of a whole new technology, and reliability and security […]
August 07, 2017
A payments solution that requires micromerchants to buy — and then wait for — special hardware isn’t much of a solution if you ask Joe Lynam, chief executive officer and...
November 27, 2023
Cryptocurrency payment technology company ivendPay has unveiled a crypto payment system enabled by near-field communication (NFC). By integrating NFC technology with cryptocurrency payments, ivendPay has made the payment process as seamless as using a traditional card, the company said in a Monday (Nov. 27) press release. Users can now tap their phones equipped with NFC technology to […]
August 20, 2023
India is using artificial intelligence (AI) to expand digital payments to rural areas. As the Financial Times (FT) noted in a report Saturday (Aug. 19), while India’s Universal Payments Interface (UPI) is...
May 10, 2023
The European Commission (EC) is reportedly seeking information about Apple Pay from retailers and Apple’s rivals. The requests by the antitrust regulators of the EU were sent out three months...
February 15, 2023
Norwegian FinTech Vipps is seeking the European Union’s help in an antitrust battle against Apple. CEO Rune Garborg told Reuters in an interview published Wednesday (Feb. 15) that the payments...
