Adapt laws to allay mobile payments privacy fears - Berkeley researchers
May 3, 2012 - Americans overwhelming reject mobile payment systems that track their movements or share identification information with retailers, and legislators should considering tweaking credit card laws to address their concerns, say researchers at the University of California, Berkeley.
China m-payments market set to be largest in world by 2015
April 25, 2012 - China's mobile payments market is forecast to be the largest in the world by 2015, comprising $80 billion in payments from 441 million active users, according to figures from research house Kapronasia.
Adopting modern banking platforms could significantly reduce global industry's $310 billion (USD) profitability drop
April 19, 2012 - The global banking industry could regain a significant proportion of the profitability lost during the financial crisis by adopting modern banking platforms, according to new research by Temenos and Deloitte, the business advisory firm.
Regulators release new market infrastructure standards
April 16, 2012 - International banking and securities regulators have set out new and more demanding standards for operators of payments, clearing and settlement systems as part of an international effort to boost the resiliency of the financial markets.
Mobile payments set to reach £591 billion by 2015 - KPMG
April 5, 2012 - Global m-payment transactions are expected to grow 97% per year, over the next three years, reaching a value of £591 billion by 2015, according to forecasts by KPMG. According to the report, growth will be fuelled by consumer demand for NFC-enabled devices that are 'always on, always fast and always accessible'.
US payments system failing to meet the needs of the digital economy
April 4 2012 - The Federal Reserve and US Congress urgently need to plug a public policy vacuum if the national payment infrastructure is to keep up with changes in the digital economy, according to a former senior Fed executive.
Global Payments hit by 'massive' breach
March 30, 2012 - Visa and MasterCard are warning banks that a US credit card processor has suffered a major security breach that may have compromised the data of millions of people, according to the KrebsonSecurity blog.
BlackBerry losing out to iPhone as banks re-assess approach to personal computing policies
March 23, 2012 - Apple's iPhone has usurped the Blackberry as the mobile handset of choice for tech-savvy financial services workers, according to new research on the consumerisation of corporate IT by systems integrator Avanada.
