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Mobeewave gains $6.5 million investment

16 Feb 15 @ 15:14

Canadian NFC payments entrant Mobeewave has secured a $6.5 million funding round led by SBT Venture Capital. According to the company, the investment will be used to support market expansion... read more

40% of large retailers intend to accept Apple Pay by end 2015

10 Feb 15 @ 10:41

According to a survey from Boston Retail Partners, by the end of 2015, nearly 40% of large US retailers will accept Apple Pay. According to the report, Apple, CurrentC and Bitcoin... read more

UK contactless usage surges

10 Feb 15 @ 10:20

As the limit on contacless payments in the UK rises to £30 per transaction, so too has spending on contactless cards, according to data published by The UK Cards Association,... read more

UK adults believe that smartphone payments will outpace credit and debit cards by 2020

05 Feb 15 @ 15:16

A new study published by Experian reveals that a third of the UK population (33%) believes credit and debit cards will no longer be the preferred method of payment in 2020,... read more

Contactless payment and US Chip and PIN adoption drives smart card growth

05 Feb 15 @ 11:49

The United States’ migration to EMV-standard Chip and PIN cards, and the growing demand for contactless technologies, defined a high-growth payment card market in 2014, according to the Smart Payment... read more

2015 onwards – The future of payments

04 Feb 15 @ 17:30

What will the world of payments look like in 20 years’ time? PCM dusts off its crystal ball to get a glimpse into the future. We are on the threshold... read more

Survey reveals the growth of the multi-channel consumer

04 Feb 15 @ 16:59

A recent survey has revealed that consumer trust in newer payment methods has declined significantly in the last year. However, despite this lack of trust, the results also demonstrate that... read more

Disagreement over US EMV implementation readiness

04 Feb 15 @ 12:09

EMV implementation is under way in the US, but only about half of the 12 million merchant payment terminals will be converted to accept more secure EMV smart credit and... read more

OpenWay launch WAY4 Host Card Emulation

29 Jan 15 @ 12:36

OpenWay has developed WAY4 Host Card Emulation software  – supporting cloud technology specified by Visa and providing value-added financial services for customer attraction and engagement via mobile. WAY4 Host Card... read more

Apple Pay nails US contactless payments

29 Jan 15 @ 12:30

As Apple CEO Tim Cook announced record breaking profits, he understatedly reported that “Apple Pay has got off to a “strong start” since the contactless payment service launched last autumn”. What... read more

UK reports digital payments acceleration

27 Jan 15 @ 12:46

Total spending on Visa cards in the UK has surpassed £600 billion for the first time reports Visa Europe. The results provide strong evidence of the UK’s transition to a digital... read more

Google to buy Softcard?

19 Jan 15 @ 09:20

It has emerged over the weekend that Google is leading talks to acquire Softcard, the troubled mobile payments company that is being eyed by a number of potential suitors, said people familiar... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

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

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

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