Payments disrupted — How the tech giants are changing the future of payments in China

Payments disrupted — How the tech giants are changing the future of payments in China

The initial impact of digital finance and mobile payments in China is difficult to over-exaggerate, says Zennon Kapron, founder and director of Asian financial services and research firm Kapronasia. The launch of services such as Alipay and WeChat Pay brought with them a dramatic change in the way the average Chinese consumer spends — especially when one considers how cash-focused the country has been historically, he explains in this paper.

Read more…

10 years of M-Pesa — The expanding role of mobile money in emerging markets

10 years of M-Pesa — The expanding role of mobile money in emerging markets

In a market where it was previously unheard of for people to trust a mobile network operator with their money, Vodafone’s M-Pesa has carefully built confidence with consumers and grown over the last ten years into a financial service that is relied upon by millions of customers every day, mobile money pioneer Michael Joseph explains in this Q&A with What’s New in Payments editor Rian Boden.

Read more…

Mobile-only banks: A new frontier for mobile networks

Mobile-only banks: A new frontier for mobile networks

The mobile banking and payments market has grown exponentially in the past few years, says Orange’s Marc Rennard, and the opportunity “has not been ignored by the mobile operators, with many taking an active role since the beginning of the millennium, often targeting very specific use-cases as a means of carving a niche for themselves,” he explains.

Read more…

The mobile payments market in Russia

The mobile payments market in Russia

Although the Russian payments market is characterised by little contactless infrastructure and simple mobile devices without NFC technology, the percentage of people paying for goods and services using mobile devices is growing fast, writes Yandex Money’s business development director Maria Gracheva.

Read more…

PSD2 — Opportunities and challenges for existing players and new market entrants

PSD2 — Opportunities and challenges for existing players and new market entrants

The introduction of the EU’s revised Payments Services Directive (PSD2) will create a range of challenges for payment service providers who will have to comply with new requirements for stronger authentication and data sharing while also adapting to competition from new entrants, says Helene Oger-Zaher, retail banking conduct supervision expert at the European Banking Authority (EBA).

Read more…

Vritti from Mahindra Comviva

May 2017 edition of Mahindra Comviva’s Vritti magazine

This latest issue of Mahindra Comviva’s quarterly magazine Vritti looks at the trends and technologies driving the next wave of mobile payments and digital commerce and includes articles about conversational commerce, the use of biometrics in payments and ways to address the gender gap in the uptake of mobile money.

Read more…

Rambus What is Android Pay

What is Android Pay & how does it work?

This seven-page guide from Rambus gives an overview of what banks and service providers need to know about Google’s Android Pay platform and its use of NFC, host card emulation (HCE) and tokenization.

Read more…

Famoco Emerging Markets white paper

Emerging markets: How contactless transactions are making a difference

This 19-page white paper from Famoco examines the role of secure, affordable and dedicated mobile Android devices in the development of emerging economies. It covers the participation of low-income people in the financial system, how to counter the informal economy and improve the distribution of humanitarian aid.

Read more…

• Search NFCW for more about 'Banking'