PayLane allows businesses to accept online payments in 160 currencies in over 50 countries. Now the online payments provider has announced its venture into the German market. Besides standard payment methods, such as credit and debit cards, German companies will be able to offer their...
United Arab Bank, a financial institution based in Sharjah, the third largest emirate of the UAE, plans to continue its growth and open ten more branches in the UAE this year. This expansion has been spurred by the growth of the country’s non-oil economy and...
Payleven, a European mobile service similar to Square, has announced it has been successful in its latest round of funding. The start-up did not reveal how much it received or from whom, but said the value is in “high single-digit millions” of dollars. Get the...
“Soon, children will only know from history books what a wallet and hard cash are”, this is the bold statement made René Schuster, CEO of Telefónica Germany. And it might not be that far off. Telefónica is investing seriously in mobile payments in Germany: as...
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Mobile messaging and payment provider DIMOCO has announced it has experienced a 47% increase in the number of mobile TAN transactions in 2012. This underscores the popularity of mTAN transactions, a processing method for which consumers a sent a personal, time-limited and one-time-valid code to...
Fraudsters are no longer just stealing customers’ online banking details to steal funds directly from their accounts; they are making banks do it. Guardian Analytics has identified a new scam which targets banks’ recent desire to get closer to their customers. Fraudsters use many banks’...
Mobile payments are becoming increasingly popular as consumers have come to expect and demand multi-channel banking experiences, flexibility and accessibility from their smartphones and tablets. Mobile wallets provide unique experiences for merchants to build loyalty and consumers to pay with ease, and mPayments acceptance provides...
We interviewed David Hogan, executive director at Heartland Payments, who spoke of his company’s strategy of being the Switzerland of payments in a time of rapid change and innovation. Can Hogan predict which payment technology will become most prevalent in the coming years?Read More Get...