Volvo brings in-car payments with integrated pay-by-app parking application
Wednesday,15/01/2014|15:29GMTby
Adil Siddiqui
US pay-by-app parking service Parkmobile released a new application which is compatible with Volvo’s updated infotainment systems.
Online Payments which began with personal computers has been rapidly moving on to other internet connected devices. The growth of mobile usage with smart and connected devices brought with it a rise in mobile payments. New generation SmartTVs also support the idea of online payments. One device, many of us come in contact with everyday, has also become smarter over the last few years, your car’s entertainment system.
Parkmobile, a pay-by-app parking service similar to Pango, has developed a new version of their application which is compatible with Volvo’s new generation of Sensus Connect infotainment systems. Sensus Connect is a Cloud connected in-car operating system with its own mobile internet connection. Internet connected cars have been around for a few years now, but with proprietary operating systems spanning over dozens of companies and models, creating a standard eco-system to support applications is nearly impossible. For these reasons car companies and app developers are teaming up to offer their own versions of applications.
The new updated version of Sensus Connect was unveiled at The Consumer Electronics Show (CES) in Las Vegas this past week, and showcased the new pay for parking application directly from the cars in-dash screen. The Parkmobile application works as its mobile counterpart, credit card details are entered and stored beforehand, allowing the user to press a button on the screen to begin the parking session. Sensus Connect uses GPS and a feature called car2infrastructure to determine location and available parking. The car2infrastructure feature allows the car to communicate with its surroundings and other vehicles.
Volvo and Parkmobile were not the only companies showcasing in-car payments at CES. Ford, in cooperation with Domino’s Pizza, demonstrated a new application working with Ford’s MyFord Touch infotainment system allowing for users to order and pay for pizza from within the vehicle.
As cars, much like other smart-devices, are getting smarter we should be seeing more convenience oriented applications being made available on in-dash screens.
US pay-by-app parking service Parkmobile released a new application which is compatible with Volvo’s updated infotainment systems.
Online Payments which began with personal computers has been rapidly moving on to other internet connected devices. The growth of mobile usage with smart and connected devices brought with it a rise in mobile payments. New generation SmartTVs also support the idea of online payments. One device, many of us come in contact with everyday, has also become smarter over the last few years, your car’s entertainment system.
Parkmobile, a pay-by-app parking service similar to Pango, has developed a new version of their application which is compatible with Volvo’s new generation of Sensus Connect infotainment systems. Sensus Connect is a Cloud connected in-car operating system with its own mobile internet connection. Internet connected cars have been around for a few years now, but with proprietary operating systems spanning over dozens of companies and models, creating a standard eco-system to support applications is nearly impossible. For these reasons car companies and app developers are teaming up to offer their own versions of applications.
The new updated version of Sensus Connect was unveiled at The Consumer Electronics Show (CES) in Las Vegas this past week, and showcased the new pay for parking application directly from the cars in-dash screen. The Parkmobile application works as its mobile counterpart, credit card details are entered and stored beforehand, allowing the user to press a button on the screen to begin the parking session. Sensus Connect uses GPS and a feature called car2infrastructure to determine location and available parking. The car2infrastructure feature allows the car to communicate with its surroundings and other vehicles.
Volvo and Parkmobile were not the only companies showcasing in-car payments at CES. Ford, in cooperation with Domino’s Pizza, demonstrated a new application working with Ford’s MyFord Touch infotainment system allowing for users to order and pay for pizza from within the vehicle.
As cars, much like other smart-devices, are getting smarter we should be seeing more convenience oriented applications being made available on in-dash screens.
PayPal Applies to Establish Bank Targeting US Retail and Small Business Lending
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
