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November 28, 2011 - The mobile wallet will be the preferred method of payment for consumers by 2016, a new report has revealed. PayPal's findings, which are based on a report by Forrester undertaken on the payment provider's behalf, suggested that 2016 will be the year of mainstream adoption for digital payments.

November 22, 2011 - US financial institutions have been warned of the potential for rising fraud rates from the expansion of remote deposit capture technology to the retail and unbanked sector.

November 11, 2011 - Following its bungled and abandoned attempt to scrap cheques, the UK Payments Council looks set to face new government-imposed regulations. In July, Britain's banks scrapped their plans to abolish cheques by 2018 after pressure from MPs, consumer groups and charities.

October 17, 2011 - Consumer security concerns surrounding the 'mobile wallet' are dominated by phone hacking, a new survey has revealed. A study by Intersperience showed that 17 per cent of consumers want to use their phone as a 'wallet'- nearly half of the participants in the research said that the lack of security software was their chief concern. Almost a quarter of respondents said they fear that their mobile device is more likely to be stolen than their wallet.

October 14, 2011 - Infosys, a global leader in consulting and technology, today announced the launch of Finacle™ e-Banking Version 11 at the 2011 BAI Retail Delivery Show in Chicago. The solution is a comprehensive offering that empowers banks to achieve quick global rollouts of online banking services. The new version of Finacle™ e-banking provides unique personalisation capabilities, industry-leading security features and intelligent customer insights to drive adoption of online banking channel and enhance customer loyalty.

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