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Walmart and Visa end public interchange fees feud in Canada

08 Jan 17 @ 15:39

Walmart and Visa have ended an acrimonious and public battle over interchange fees that saw the Walmart refuse to accept Visa credit cards in its northern Ontario and Manitoba stores.... read more

Worldline and Hease Robotics sign payments partnership

08 Jan 17 @ 15:30

Worldline has entered into a mutually beneficial co-development relationship with Hease Robotics, a French B2B service robot manufacturer, delivering interaction-oriented robots to the retail and hospitality industries. Worldline and Hease Robotics... read more

National Cyber Management Centre: major bank will fail due to cyber attack

08 Jan 17 @ 12:19

Professor Richard Benham, chairman of the National Cyber Management Centre, has given a severe warning: “A major bank will fail as a result of a cyber attack in 2017 leading to a... read more

Tracking the increase in US EMV based transactions

05 Jan 17 @ 14:54

A year has passed since the US EMV fraud liability shift went into effect in the US. Adoption among both issuers and merchants is still underway, but as migration on... read more

Prepaid Cards: Opening up a new world of financial possibilities

05 Jan 17 @ 14:19

Prepaid cards are witnessing a fast rise in popularity, with the global market expected to grow to $535bn by 2020[1]. What was once seen predominantly as a tool for promoting... read more

Nigerian payments digitisation continues as POS transactions hit $2bn

05 Jan 17 @ 13:04

Nigerian payments digitisation has continued to gather momentum as the value of transactions through POS channels across the country increased significantly by 65% to N651.37 billion ($2.07 billion) between January and... read more

Sizing and profiling the in-app mobile payments market

04 Jan 17 @ 16:54

The mobile payments market ca be logically split into three major segments. Physical, mobile web browser or in-app mobile payments: Using a mobile phone as the physical form factor at... read more

Competition Authority slows Mastercard acquisition of VocaLink

04 Jan 17 @ 16:22

The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns and operates credit and debit card schemes Mastercard, Maestro and... read more

Bitcoin hits new high of $1,000 as Chinese investors pile in

03 Jan 17 @ 16:50

As 2017 rolled into force, and with the bulk of the other financial markets closed, Bitcoin took to the main stage, hitting a new high of over $1,000. A single Bitcoin ... read more

Central Banks of Korea and Nigeria initiate seperate Blockchain studies

03 Jan 17 @ 13:34

The Bank of Korea has published, as part of an overview of the central bank’s future plans, a report titled “Present Status and Key Issues of Distributed Ledger Technology” detailing policy... read more

House of Fraser invest £35 million in challenger bank Tandem

03 Jan 17 @ 13:08

House of Fraser is reported to be investing £35 million into the app-only challenger bank Tandem to offer financial services. The investment is reported be part of a tie-up between the... read more

US payments study highlights strong trends in card use

03 Jan 17 @ 12:27

From 2012 to 2015, credit and debit (including prepaid and non-prepaid) card payments continued to gain ground in the US payments landscape, accounting for more than two-thirds of all core... read more

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Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

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

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