Monthly Archives: June 2013

Borica MOBB – great showcase on mobile frontend built on existing card infrastructure

These video clips are published by Borica Bankservice in Bulgaria. The service MOBB will be launched any day and the solution involves enrolling cards into the mobile wallet application. The cards can then be used to do: Balance Statement List … Continue reading

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Tokens: Merchant Options

Originally posted on FinVentures:
26 June 2013 My last blogs on TCH tokens were rather controversial..  several of my bank friends will no longer take my calls.. while others are grateful that I’ve shown the light on a program they…

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VocaLink Zapp does an IKO

VocaLink has presented Zapp mobile payments. The new company is to build a service that will let user’s in UK link their bank accounts to their mobile phone numberand make real-time payments using their mobiles. The plan is to launch … Continue reading

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PKO Bank’s friendly war on cash

At the MobeyDay event in Barcelona, Wojciech Bolanowski, managing director of Electronic Banking, PKO Bank Polski explained how the firm’s IKO Project, an account based mobile payments service for Poland, is not a fight against the cards market. Read interview … Continue reading

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German consumers pay €1.3 billion per year for handling of cash

The total cost of handling physical cash in the German economy has been estimated at EUR12.5 billion per year, recent results indicate. The research shows that the largest burden is carried by merchants, with EUR 6.7 billion, followed by banks … Continue reading

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Gartner lower outlook for NFC as mobile payment enabler with 40%

Why bet on one mobile payment method (eg. NFC)? In an updated forecast by Gartner, the analyst company lower the expectations for NFC being an enabling technology for mobile payments. Mobile payment is not equal to NFC even though when … Continue reading

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90% of Germans want to leave their wallet at home

The survey by PayPal was conducted in the United States, Britain, Canada, Germany and Australia. Interesting findings 86 percent of Americans wish they could leave their wallet at home, and 90 percent of Germans, 87 percent of Canadians, 80 percent … Continue reading

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