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Contactless payment transactions to reach $6tn globally by 2024, fuelled by increased card use

New data from Juniper Research forecasts that global contactless transaction values will reach nearly $6 trillion (€5.5 trillion) in 2024, up from $2 trillion (€1.8 trillion) in 2020. It found that this increase will be driven by significant growth...

Tencent and UnionPay integrate QR code systems

Tencent and state-owned China UnionPay are integrating their QR code systems for mobile payments, according to local media reports. The move will let Tencent WeChat Pay and UnionPay Quickpass users transfer and spend money using the same QR codes....

Stripe launches corporate credit card, activates payouts across 45 countries

The acquisition of Delego expands EVO’s existing portfolio of ERP integrations to include SAP enterprise application software. EVO Payments, a leading global provider of payment technology integrations and acquiring solutions, announced that it has acquired Delego Software (“Delego”), a provider...

IT firm Wipro secures £245m contract from ICICI Bank

Wipro to provide a suite of services to ICICI Bank for seven years through a business transfer agreement with Vara lnfotech IT company Wipro has bagged a seven-year contract worth $300m (£245.3m) to provide a comprehensive suite of services to...

Wirecard signs MOU with Brightstar for financial process digitalisation

German financial services provider Wirecard has signed a MOU with Brightstar to digitalise financial processes across the world. Brightstar is a mobile services company that manages devices and accessories and handles more than 100 million devices per year, across 50...

Chainalysis launches first actionable real-time alerts for suspicious transactions across 15 cryptocurrencies

Chainalysis KYT alerts are designed to help cryptocurrency businesses and financial institutions mitigate exposure to regulatory and reputational risk Chainalysis, the blockchain analysis company, today announced the launch of suspicious cryptocurrency transaction alerts in Chainalysis Know Your Transaction (KYT), the...

ABBs YuMi robot automates ATM testing for more reliable banking

Dual-armed collaborative robot YuMi performs hundreds of hours of testing to support faster development of software for Automated Teller Machines (ATM), improving reliability and quality. YuMi, the groundbreaking ABB industrial robot that has the precision to handle the most complex...

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