May 31, 2018

©Business Insider Singapore

The payment industry covers quite well the market of consumer to merchant payments. Standards are established, and leading players are known and identified. Once this is done, players attempt to extend to other market segments. Peer to peer i...

May 29, 2018

It is a euphemism to say that NFC has not fulfilled its promises. A few years ago, all of us in the industry, anticipated a world in which mobile phones would replace payment cards in the vast majority of transactions. We all have to admit we were wrong: it did not hap...

May 25, 2018

After years of preparation, GDPR D-Day finally happens!  Probably the most visible part of the General Data Protection Regulation (GDPR) enforcement is the hundreds of emails we have all received asking us to reconfirm we agree on receiving information from numerous co...

May 22, 2018

For those who have been observing the mPOS market for a while, the news came as a shock: Paypal is acquiring Sweden-based iZettle for US$ 2.2 billion (EUR 1.87 billion), making it Paypal’s largest acquisition to date.

Even the operation sequence is a surprise. iZettle h...

May 18, 2018

We all know there is a first-mover advantage to companies which participate proactively in standardization. Most of the time, they are able to push into standards technologies they already master and market their latest products and developments once they are part of t...

May 7, 2018

The US Department of Justice is has opened a probe into alleged coordination by AT&T, Verizon Communications and the GSMA, accused of having slowed down the adoption of eSIM standards. When adopted in consumer handsets, eSIMs would allow subscribers to switch between m...

May 3, 2018

"There is no success without hardship." -  Sophocles

EMVCo, the body that represents the payment schemes, just announced that 54.6% of all cards issued globally by the end of 2017 were EMV-enabled. In addition, the number of EMV payment cards in circulation around the w...

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