Wearable payments devices are only just beginning to emerge but they are already shaping up the market as innovation is ramping up amongst many players internationally. The adoption of contactless and consumers preference will be key in defining the future of wearables. Valentina Romeo examines the latest developments to see if the technology will remain in its niche
EBA CLEARING has announced that its STEP2 clearing platform is witnessing a significant volume growth in SEPA payment processing, resulting in peak day volumes above 100 million SEPA Credit Transfers and SEPA Direct Debits.
Mobile payment apps today are not limiting their offering on one single channel. There is a high demand of multi-channel platforms that go far beyond the online versus offline payment experience. Apps like PowaTag and Znap have raised the bar in what we can expect from a mobile wallet. Valentina Romeo investigates
Financial services provider Fiserv has announced that Associate Bank will use its mobile banking and payment app Mobiliti. The app, available on mobile and tablets, allows customers to deposit checks by taking photos with their phones and make instant person-to-person transactions.