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New global specifications for QR Code Payment

07 Aug 17 @ 13:36

Visa says it will support of the new global QR Code Payment Specifications from EMVCo, the global technical body that manages the EMV Specifications. The specifications cover consumer-presented and merchant-presented QR... read more

Class action lawsuits filed against EVO Payments International and EVO Merchant Services

07 Aug 17 @ 10:42

Atlanta-based law firm Webb, Klase & Lemond, LLC has filed two class action lawsuits against payment processing giants EVO Payments International and EVO Merchant Services (collectively, “EVO”) alleging they maintain... read more

Mobile banking and its use as a payments channel

04 Aug 17 @ 10:59

58% of US smartphone users have downloaded a mobile banking app for their primary checking account, and 50% of US smartphone users (including 68% of those under 35 and 31%... read more

ICC Solutions releases ICCSimCTC: Visa HCE validated by Visa

04 Aug 17 @ 10:29

ICC Solutions has released its Visa HCE test suite, hosted on the industry leading ICCSimCTC card test tool platform, which has been fully tested and validated by Visa. This test... read more

Skype partners with PayPal to launch ‘Send Money’ function

03 Aug 17 @ 15:03

Skype has added PayPal integration to its Android and iOS apps. The new ‘Send Money’ feature, which has launched in 22 countries including the UK, brings the ability to send and receive... read more

Unlocking a $5 billion commercial card prize for issuers

03 Aug 17 @ 14:15

At a typical 1% level of rebates (akin to cash back for consumer and business cards) on commercial card spend for corporate travel and purchasing, including virtual card spend, we... read more

Financial inclusion – Addressing the unbanked in developing countries

02 Aug 17 @ 15:51

Around two billion people worldwide do not use formal financial services and around half the adults in the poorest households are unbanked, according to the World Bank. When financial inclusion... read more

Worldwide retail e-commerce sales reach $1.9 trillion in 2016

02 Aug 17 @ 14:57

Retail e-commerce sales – which include products and services (barring travel, restaurant and event ticket sales) ordered via the internet over any device – reached $1.915 trillion in 2016, accounting... read more

Bitcoin digital currency splits in two: Bitcoin and Bitcoin cash

01 Aug 17 @ 16:36

Today, the cryptocurrency, Bitcoin, split in two as a ‘breakaway’ group of Bitcoin miners and developers plan to create the new Bitcoin cash network that increases the transaction capacity of... read more

Tokenization: What is a smart token?

01 Aug 17 @ 12:52

Before we get into the smart token bit, let’s recap. Tokenization is the security process that most recently unlocked the mobile payments market. All the major ‘OEM Pays’ (Apple Pay,... read more

Fastest growing e-commerce markets – growth presents opportunity for British retailers

01 Aug 17 @ 12:39

Russia (42%), Indonesia (45%), Vietnam (37%), Argentina (38%) and Israel (25%) are surprisingly included in the fastest growing e-commerce markets in terms of percentage growth compared to last year, according... read more

Market Overview: Payments in Russia

31 Jul 17 @ 15:30

On the centenary of the Russian Revolution, we examine payments in the world’s largest country. How do Russians pay today? And given the state bank dynamic, a new domestic card... read more

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Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more