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01 Aug 13 @ 20:38
FIME Korea, a mobile device consulting and testing specialist, has achieved test bench qualification for EMVCo Contactless Card Level 1 in Korea, authorising the company to offer contactless card level... read more
28 Jul 13 @ 15:26
A new report from consultancy Value Partners and law firm Locke Lord has profiled how this ever-present threat risks undermining commerce, banking and entire economies. Given that fraud is one of... read more
24 Jul 13 @ 01:39
The European Union’s executive body proposed a strict cap on credit and debit card fees on Wednesday, in a move it said could save consumers billions of euros. The proposal,... read more
07 May 13 @ 00:00
The nation’s largest credit card issuers reported strong profits in the first quarter of 2013, but the lack of asset and revenue growth is a common, recurring theme while purchase... read more
29 Apr 13 @ 00:00
The card networks are reporting progress among issuers and acquirers in the U.S. transition to EMV-chip cards, but some big retailers are still lashing out against the expectation that they... read more
11 Apr 13 @ 00:00
A number of players – particularly non-bank organizations – are actively marketing general-purpose prepaid cards to the unbanked and under-banked segments as a viable alternative to a checking account. According... read more
27 Mar 13 @ 00:00
Nearly three years since rumors began to swirl that the major mobile network operators (MNOs) sought to provide NFC payments, the Isis mobile wallet finally launched in late October 2012. ... read more
27 Mar 13 @ 00:00
The Government today launched a consultation setting out proposals for introducing a new system of competition-focused regulation for payment systems. This forms part of the Government’s work to create a... read more
21 Mar 13 @ 00:00
To continue PayPal’s pain, following on from the news that MasterCard will levy a Digital Wallet fee, Visa Inc. CEO, Charlie Scharf suggested on Wednesday that the payment network may... read more
20 Mar 13 @ 00:00
eBay Inc shares hit a new low for 2013 on Monday as concern mounted about the impact of a new "digital wallet" fee on the company’s PayPal business. MasterCard, one... read more
12 Feb 13 @ 00:00
After a protracted decline beginning in mid-2009*, weighted average industry loss rates experienced a plateau in the fourth quarter of 2012. Purchase volumes increased compared to both the prior year... read more
05 Feb 13 @ 00:00
The partnership will enable G2 Web Services to integrate Sysnet’s PCI DSS compliance solutions into the full suite of services it currently offers to more than 200 acquiring clients globally... read more
30 Jan 13 @ 00:00
Carlisle & Gallagher Consulting Group a management and technology consulting firm serving the financial services industry, has released its mobile wallet review. CG assessed a representative group of 20 mobile... read more
07 Jan 13 @ 00:00
Payments has traditionally ranked among the most dynamic industries in the world, and 2012 was no exception. The year was marked by new technologies, new entrants, new regulations, and in... read more
11 Jun 26 @ 16:00
A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more
18 May 26 @ 17:07
The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more
31 May 26 @ 12:59
The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more
