Telcos are getting hold of the IoT connectivity market
Big telcos are making big moves in the Internet of Things (IoT) connectivity market. Here, business technology journalist Antony Savvas looks at the latest developments.
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Big telcos are making big moves in the Internet of Things (IoT) connectivity market. Here, business technology journalist Antony Savvas looks at the latest developments.
(more…)Verizon Business and Mastercard announced a strategic partnership expected to drive transformational solutions for the global payments and commerce ecosystem.
(more…)Railsbank, the global Embedded Finance platform, has raised US$70 million (€59.40 million) in its latest funding round. The latest fundraise was led by Anthos Capital and attracted a range of investors including Central Capital (VC arm of Indonesia’s privately held bank), Cohen and Company (the founder of Bancorp), and Chris Adelsbach’s new fund Outrun Ventures. Existing investors also participated.
(more…)SBI Card Pay is now available on the Mastercard platform. This is a payment feature based on Host Card Emulation (HCE) technology, which allows customers to create a virtual version of their physical SBI Credit Card on their mobile phones and then tap their phone at Near-Field-Communication (NFC) enabled Point of Sale terminals (POS) to make payments. (more…)
STICPAY has launched its redesigned mobile e-wallet application. The new version of the fintech company’s e-wallet app is now available in the Google Play Store for Android and in the App Store for iOS devices. (more…)
NXP Semiconductors, Mastercard, and Xiaomi Inc. are jointly bringing more convenient and secure contactless experiences to Russia as the first phase of a European-wide roll-out with NXP’s mobile wallet solution. (more…)
A new report from Juniper Research found that facial recognition hardware, such as Face ID on recent iPhones, will be the fastest growing form of smartphone biometric hardware. This means it will reach over 800 million in 2024, compared to an estimated 96 million in 2019. (more…)
New data from Juniper Research forecasts that mPOS (Mobile Points of Sale) transaction values will exceed $1.9 trillion (€1.7 trillion) by 2024, up from $850 billion (€765 billion) in 2019. (more…)
Mastercard and R3, a blockchain software provider, have announced a strategic partnership to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a clearing and settlement network operated by Mastercard. (more…)
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