Daily news

16 Sep 16 @ 14:42

Proving the difficulties that many MNO’s are having in providing financial services, MTN has pulled the plug on its South African mobile money business, saying it was not viable in... read more

16 Sep 16 @ 13:41

Monthly consumer adoption of mobile wallets (including those offered by merchants, card issuers, and the “Pays”) has nearly doubled in three years from 11% to 21%. However, monthly frequency of... read more

14 Sep 16 @ 14:38

Circle for iMessage, which enables anyone using iOS 10 to send and receive social payments without fees to anyone in the world directly within Apple’s iMessage launched today. Customers can... read more

14 Sep 16 @ 13:49

Visa will introduced a mobile money service to enable cashless transactions in Kenya, where the majority of wireless payments are transacted through Safaricoms M-Pesa. The mVisa app will initially facilitate... read more

13 Sep 16 @ 13:49

The US Court of Appeals overturned the landmark antitrust interchange settlement between retailers and Visa and Mastercard on June 30, 2016, reigniting more than 10 years of legal battles over... read more

13 Sep 16 @ 12:35

Following the launch of Android Pay, four new banks join the Android Pay family. From today, customers of Royal Bank of Scotland, NatWest, Ulster Bank and Santander are able to... read more

13 Sep 16 @ 09:11

As the one year anniversary of the US EMV migration shift to chip approaches new data has been released confirming the positive impact the technology is having on issuing banks... read more

13 Sep 16 @ 09:00

FIS announced that it has recieved accreditation by Discover, MasterCard and Visa and is working with other international and national payment brands to simplify the certification process for EMV payment... read more

12 Sep 16 @ 15:51

Industry experts have been sounding the death knell for passwords for some time. Speaking in 2004, Bill Gates claimed the password could not meet the challenge of keeping information secure,... read more

12 Sep 16 @ 13:15

First Annapolis has been closely monitoring the product offerings of the top issuers in several European markets in order to gauge issuers’ reactions to the interchange decreases that went into... read more

12 Sep 16 @ 12:55

In the past, hackers have most often gone after specific merchants when seeking cardholder information. Recent malware attacks on point-of-sale (POS) vendors, however, may signal a drastic shift in how... read more

09 Sep 16 @ 12:35

Wells Fargo has been taken to task by the US consumer finance watchdog’s largest ever fine after the regulator found staff racing to meet sales targets illicitly opened millions of... read more