What's New in Payments

Apple Pay used for more than 90% of US mobile wallet debit transactions in 2020

The number of debit transactions completed using a mobile wallet in the US rose by 51% year-on-year to approximately 2bn in 2020, with “a noteworthy” 92% of those transactions being made with Apple Pay and just 5% with Google Pay and 3% with Samsung Pay, according to research published in the 2021 Debit Issuer Study... More



What's New in Payments

Australian public hearing considers case for regulatory controls to ensure payment apps get access to smartphone NFC technology

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An Australian parliamentary committee has held a public hearing at which it heard evidence from representatives of leading Australian banks, payment services providers and other financial bodies on regulatory issues including whether companies such as Apple should be mandated to allow third-party payment apps access to a smartphone’s NFC chip... More





EU Digital Covid Certificate goes live across European Union

EU Digital Covid Certificate on smartphone

The European Union’s Digital Covid Certificate is now live across the EU as well as in non-member states Norway, Iceland and Liechtenstein, enabling residents to be issued with a proof of their Covid-19 vaccination status, negative Covid test result or recovery from the illness that is recognised regionwide... More






What's New in Payments

Bank of England sets out core principles for digital pound

Financial inclusion, creating a competitive ecosystem, comparison with other payment innovations, user privacy and monetary and financial stability will be the five core principles that guide the Bank of England’s future exploration and development of a central bank digital currency (CBDC) in the UK, the financial institution has revealed... More