BankTech

The Case for Consolidation

If you believe Forrester, the mobile payments market in the United States will triple over the next four years, from $50 billion to $142 billion.  Who will dominate the market for mobile payments by 2019? Well, it’s not likely to be Starbucks. At the end of 2013, Starbucks claimed a...

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BankTech

Visa Poised to Invest €200 Mn a year in New Payments Technologies

Visa Europe has reported its strongest annual financial performance to date for the year ending 30th September 2014. Gross revenues grew 9% year-on-year to €1.9 billion while profits of €344 million were €80m higher than last year. This enables Visa Europe to invest more than €200 million in new payments...

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Payments

Google Wallet to Power P2P Money Transfer for Gmail Users Outside US

Google Wallet is now taking steps towards enhancing its international presence leveraging Gmail as a platform. Across geographies outside the US, Google Wallet was being used only for making in-app purchases on Google Play or for online checkout. Even the Google Wallet app is not available in many countries. But this...

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BankTech

This Startup is All Set to Bring a Whole New Banking Experience in Europe

Number26 is a Germany based banking startup having a cooperation with the Wirecard Bank AG. The online-only banking service recently launched its services in Europe and has begun accepting deposits from customers in Germany and Austria. Number26 has established a strategic partnership with Wirecard Bank. The Wirecard bank has an official...

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Enabling Technologies

2015 is the Year of Apple Pay

Welcome To The Year Of Apple Pay Yesterday January 27th, 2015 Apple released the last quarter earnings numbers and by any measure they are astounding.  This growth was fueled primarily by the iPhone 6.   During the earnings call Tim Cook presented some amazing comments about the growth of the less than...

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