Apple's agreement to open its NFC technology for contactless payments on iPhones to third-party developers marks a significant change in mobile payment dynamics. This landmark decision, initiated under pressure from European regulators, ends the exclusive use of Apple Pay for mobile payments on
The dynamic landscape of cybersecurity is continually evolving, and Singapore is taking bold steps to enhance the protection of its online banking customers. With the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) spearheading a shift from one-time passwords
The transformation of digital payments in Pakistan is on the horizon as Paysys Labs and Raqami Islamic Digital Bank join forces. This partnership aims to revolutionize the financial landscape by integrating real-time transaction systems, enhancing security measures, and focusing on customer-centric
Apple has initiated a groundbreaking change by unlocking the NFC chip in iPhones for third-party app developers, paving the way for iPhones to enable a tap-to-pay feature for the USDC stablecoin. Historically, the NFC chip was reserved exclusively for Apple Wallet and Apple Pay, limiting its use in
The fintech industry is abuzz with excitement following GoCardless' groundbreaking decision to join the SEPA Payment Account Access (SPAA) scheme. This strategic move has already sparked conversations about its far-reaching implications for the European payments landscape. The collaboration
Kenya is experiencing a significant transformation driven by the increasing adoption of smartphones. Recent data from the Communications Authority of Kenya (CA) reveals that consumers are rapidly transitioning from feature phones to smartphones, reflecting broader socio-economic and technological
