Daily news

Showing Latest Daily news

CVS fractures market further and launches mobile payment system

12 Aug 16 @ 10:58

CVS, which has yet to adopt Apple Pay and other NFC-based payment services, has launched a mobile payment solution of its own. It’s aptly called CVS Pay, and it shows... read more

3 in 10 consumers willing to use mobile wallets

12 Aug 16 @ 10:30

Although mobile wallets are a relatively new form of payment, nearly 3 in 10 consumers (29%) expressed a willingness to adopt this emerging payments alternative in the next six months,... read more

Ant Financial strikes European mobile payments deal with Ingenico

11 Aug 16 @ 17:00

Ant Financial Services has struck a deal with Ingenico to push its mobile payments system into Europe. Ingenico will allow users of Ant’s Alipay, China’s biggest online-payments platform by transaction... read more

US banks join forces to fight cyber crime

11 Aug 16 @ 16:50

Eight of the largest US banks are forming a group to tackle the growing cyber crime threat. The group includes J.P. Morgan Chase, Bank of America and Goldman Sachs, among others.... read more

The 2016 Debit Issuer Study: evolution of chip cards and mobile payments

10 Aug 16 @ 11:01

The 2016 Debit Issuer Study, commissioned by PULSE, takes stock of the debit industry’s shift to chip (EMV) cards and mobile payments. As a result of the October 2015 liability... read more

Alibaba develops VR mobile payment technology

09 Aug 16 @ 10:16

Alibaba claims it is developing VR mobile payment technology-as the e-commerce giant bets on VR-driven shopping for future growth and is wrestling with arch rival Tencent for supremacy in the booming digital... read more

Chip and PIN hacked…again

08 Aug 16 @ 10:06

Researchers speaking at the Black Hat conference in Las Vegas demonstrated how the Chip and PIN system has been exploited to make a cash machine give out money. Small modifications to equipment... read more

Card fraud losses soar in 2015 – large rises in key European markets

05 Aug 16 @ 11:24

FICO reveals the UK saw Europe’s largest annual jump in card fraud losses for 2015. Most of the 18% rise in losses came from online transactions, reflecting the growth in... read more

Why Nigeria suspended international money transfer operators

05 Aug 16 @ 10:05

Following several reports in the media regarding the suspension of international money transfers, the Central bank of Nigeria has advised Nigerians at home and in the Diaspora to beware of... read more

Wirecard partners with O2 to offer mPOS

05 Aug 16 @ 09:00

Wirecard is working with O2 Czech Republic to offer eKasa which is a fully online, mPOS system together with credit card payment transaction services to all retailers in the Czech Republic.... read more

Mastercard report 80% EMV chip card penetration in US – fraud down

04 Aug 16 @ 10:38

Mastercard announced that 80% of its US consumer credit cards have chips, representing an 88% increase in chip card adoption since the October 1, 2015 liability shift started to bring... read more

SIA acquires Unicredit’s emoney processing activities for Italy, Germany and Austria

04 Aug 16 @ 10:06

Unicredit Business Integrated Solutions (UBIS)  and SIA have signed an agreement for the sale to the latter – for the sum of €500 million – of the processing activities of... read more

Trending

ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

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