The story behind the Tube strike – a new era of ‘smart travel’ beckons February 3, 2017 Next week’s proposed strike action is yet again set to cause travel misery across the capital. However, amidst the inevitable swathe of discontent as commuters take to crowded buses, bikes, and hit the pavement in a desperate bid to make it into the office, we should take this opportunity to look at the bigger picture. [...]
This is how many Londoners have been a victim of card fraud in the past year, and we’re running scared from contactless as a result April 7, 2016 Although the queue to get to card readers on your commute may beg to differ, Londoners are becoming increasingly terrified to tap. One in five Londoners (20 per cent) has fallen victim to card fraud in the past year, leading many to question the city's love of contactless payment, a survey released yesterday has found. [...]
App develops next generation taxi payment allowing black cabs to accept chip and pin, contactless and Apple pay March 23, 2016 A new app that allows customers use chip and pin, contactless and Apple Pay when taking a black cab has launched. The app, aptly named cab:app, allows passengers to pay within 90 seconds in locations across the UK. While it will be mandatory for all black cabs in London to offer card and contactless payment from [...]
The most powerful man in tech believes the world will become cashless October 18, 2016 The man in charge of the biggest company in the world and arguably the most powerful man in technology – Apple's Tim Cook – has weighed in with his two cents on the future of money. Apple may be rolling around in cash reserves of more than $100bn, but Cook won't be doing a Scrooge McDuck style [...]
Over 30m journeys have been been made using Sadiq Khan’s one-hour bus Hopper fare in under four months January 11, 2017 Over 30m journeys have now been made using the bus Hopper fare, in under four months since its introduction in September 2016. London mayor Sadiq Khan introduced the new bus Hopper fare enabling passengers to take a £1.50 bus or tram journey and then change onto another bus or tram for free within one hour of [...]
This European flying car maker just raised €10m in VC money December 5, 2016 We may live in a world of talking virtual assistants, contactless payments and a world of knowledge in our pockets – but we won't truly be in the future until cars can fly. Pleasingly, though, flying cars came a step closer today, after a German company trying to develop a pint-sized plane raised €10m in [...]
Virtual reality and contactless payments among the six biggest tech trends set to impact on the consumer business sector in 2016 according to Deloitte March 21, 2016 Businesses will have to respond to a number of new technological trends this year, or risk losing out to competitors, according to the Deloitte Consumer Review: Digital Predictions 2016. The financial services firm has identified six of the biggest digital technology trends that will shake up markets this year, and warned that consumer-facing firms will need adapt rapidly [...]
London had 1m contactless Tube journeys in a single day January 14, 2016 The number of contactless journeys on the Tube made with Visa surpassed one million for the first time in just a single day in the lead up to Christmas as paying with just a swipe of a card or phone grows in popularity. The use of contactless Visa increased 166 per cent annually in December alone and commuters spent £339m taking 7.75m [...]
All you need to know about next week’s massive Tube strike February 3, 2017 Just in: next week's Tube strikes have been suspended after last-ditch talks were held this week between the RMT union and London Underground bosses. There was going to be more strike action next week with more than 3,000 members of the RMT union planning to walk out over ticket office closures and job cuts. Read more: Every [...]
Visa’s contactless payments soar by 250pc in the UK, as firm reports record revenues in Europe January 26, 2016 Cash is no longer king in the UK, where Visa Europe's contactless payments soared by 250 per cent last year. The electronic payments business said that people purchasing items by waving their Visa credit or debit cards over payment terminals now accounts for 1-in-7 of their transactions in the UK, up from just 1-in-25 a year [...]