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Visa Europe and Monitise sign mobile payment agreement

Visa Europe and Monitise plc have signed an agreement to develop and supply mobile payments services for banks and other financial institutions across Europe.

Monitise will work as an ‘advanced development engine’ for Visa Europe, enabling it to provide member banks with a market-ready mobile payments service in Europe.

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Mobile wallet service coming from O2 UK this year

O2 is planning to launch a UK contactless mobile payment service in the second half of this year.

It’s applying for its own e-money licence, enabling it to hold funds on behalf of users without needing a partnership with a bank or card provider.

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Ericsson launches mobile money services

Telecoms technology company Ericsson has today launched Ericsson Money Services.

The company says it's launched this new business after two years of preparation and proof of concept in Europe and Asia.

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Contactless Visa payments coming to European iPhones

Visa Europe and Wireless Dynamics have developed a mobile payment solution that’ll enable customers to use an iPhone for contactless payments.

It’s based on the Wireless Dynamics iCarte accessory, which will be supplied by participating banks and mobile operators.

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Co-founder Dominic Keen to become new CEO of MoBank

Steve Townend, Chief Executive and co-founder of mobile banking service MoBank, says he plans to step aside from the CEO role this year.

He'll become Executive Deputy Chairman, with co-founder and current COO Dominic Keen taking over the CEO role.

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