MENU

digital money
Tag Archive

1377

Why your wallet is becoming the next platform

By Alex Rampell for Techcrunch.com

The “wallet” in the modern sense of “flat case for holding paper currency” dates back almost 200 years. The word itself goes back 700 years, and the concept (minus paper currency) for millennia. (more…)

Cashless, eWallets, Global trends, Mobile payments/banking

April 25, 2016

1099

A card-carrying fan of contactless, I’m now contactless-less – and it’s not fun

By  for the Guardian

Here is my problem. I have lost my debit card. This might seem like a minor hindrance. I haven’t, say, lost a limb. But I have lost the means to go about my everyday life as I usually would. (more…)

eWallets, Fintech news, Global trends, Mobile payments/banking, p2p-payments

April 23, 2016

1198

On the move

Speacial by the Economist

Much hangs on mobile money (more…)

Global trends, InspirAsia, Mobile payments/banking, Mobile-first banks, Remittances

April 20, 2016

1245

Big banks shift fintech strategy

By Jon Marino for CNBC

Wall Street is looking for M&A or partners, and fewer investments, as fintech funding grows. (more…)

Banks, Fintech news, Global trends, InspirAsia

April 12, 2016

1517

India’s Audacious Plan to Bring Digital Banking to 1.2 Billion People

By Saritha Rai for Bloomberg Business

A biometrics-backed ID system will make it easier for everyone—from rural villagers to urban dwellers—to ditch cash.

(more…)

Analytics, Cashless, Global trends, Government activities, India, InspirAsia

April 11, 2016

2003

Are payments necessary?

By  for techcrunch.com

For years, payments has been one of the hottest areas in fintech, and everyone has been lining up to join the party. Now, hands-free innovations are paving the way for a new generation of payment innovations. (more…)

Cashless, Fintech news, Global trends, InspirAsia, p2p-payments

April 1, 2016

1309

Nearly 75% US companies targets of payment fraud in 2015, says AFP survey

By Sarah Gill for Paymenteye

The threat of payments fraud is on the rise and while continued reliance on cheques makes businesses vulnerable to attack, business emails are getting increasingly popular for fraudsters.

(more…)

Cashless, Fintech news, Global trends

March 30, 2016

1657

Samsung Pay launches in China and Singapore

By Viktoria Ho for Mashable

SINGAPORE — Samsung has announced a spate of mobile payments services in Asia, with the most fanfare given to its tap-to-pay Samsung Pay service opening in China.

(more…)

Cashless, Deals, Fintech news, Global trends, InspirAsia

March 29, 2016

6308

Cashless society and Fintech hubs

The world dreams of a cashless society. And as it acquires a multitude of non-cash payment options, this dream only comes closer. The progress of economies varies, though. In Hong Kong, one can purchase tickets or eat in fast food outlets using the Octopus value card. In Sweden, the homeless no longer ask passers-by for loose change; they have card readers instead.

Read our full research “Money of the Future”. Download PDF (20MB)
(more…)

Cashless, Fintech news, Global trends, Government activities, Hotnews, InspirAsia

March 28, 2016

3994

E-Wallets: Game of giants

By 2019, eMarketer estimates that the total value of transactions made by tapping a phone on an in-store terminal will reach $210 billion, up from $8.7 billion in 2015. For banks and retailers, that presents an opportunity to take on Apple Pay and Google’s Android Pay – and maybe save on transaction fees to boot.

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Banks, Cashless, eWallets, Fintech news, Global trends, Hotnews, InspirAsia

March 28, 2016

11695

Online-Remittances

The World Bank estimates that by 2016 there will be more than $700 billion sent overseas between family and friends, with $646 billion sent in 2015.

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Cashless, Fintech news, Global trends, Hotnews, InspirAsia, Remittances

March 26, 2016

1428

The broken world of mobile payments and how to fix it

By John Rampton for techcrunch.com

It’s being predicted that by the end of this year, mobile payment transactions in the U.S. will grow 210 percent. Despite this impressive gain, it turns out that not everyone is taking advantage of mobile payments. (more…)

Cashless, Fintech news, Mobile payments/banking, SME

March 7, 2016

1410

Bitcoin has failed. Bitcoin is the future. Bitcoin cannot be regulated. Bitcoin needs to be regulated.

By PRIMAVERA DE FILIPPI for Wired Magazine

The debate over what will happen to the decentralized virtual currency has reached a cacophonous point, and now lawmakers around the world are wondering whether the time has finally come to regulate this emerging technology. (more…)

Blockchain, Fintech news

March 2, 2016

1665

China’s mobile payment revolution is going to Africa

By Claire van den Heever for The World Post, a partnership between Huffington Post and Berggruen Institute,

CAPE TOWN, South Africa — With the launch of Apple Pay in mainland China on Feb. 18, Apple has become the first foreign player to secure a place at the table for China’s enormous mobile payment market. The company will be battling for market share with e-commerce giant Alibaba’s Alipay and Tencent’s WeChat Wallet, which dominate China’s mobile payment arena. (more…)

China, Fintech news, Mobile payments/banking

March 1, 2016

3106

The top 10 trends in banking innovation by Chris Skinner

By Chris Skinner for his blog,

We had two Financial Services Club meetings on the same night this week: one in London where Chief Executive of the Payments Council Maurice Cleaves talked about the landscape future for UK payments markets; and one in Warsaw where Lukas Dzuroska presented the top ten trends tracked in research by EFMA over the past year.  I was in the Polish meeting, as it was also the first launch meeting for ValueWeb, and was intrigued to hear to the EFMA research. (more…)

Fintech news, Global trends, Influences FinTech

February 24, 2016

Digital money, negative rates as Gosplan 2.0

By Izabella Kaminska for Finantial Times,

UBS’s Paul Donovan offered some thoughts earlier this week on the unintended consequences of negative rate regimes, which — whilst interesting — stimulated a different thought in us related to data. (more…)

Banks, Fintech news

February 5, 2016

1109

Mobile payment transactions soar in US and UK

By Laura Noonan for Financial times

Mobile payment apps are soaring in popularity in the UK and US, but the world’s least developed countries are making almost no progress in the move to eliminate cash and cheque transactions that cost them billions of dollars annually. (more…)

Cashless, eWallets, Fintech news, Global trends

January 26, 2016