Daily news

25 Apr 16 @ 17:26

UK e-commerce is expected to reach €173.7 billion (10.5% growth) in 2016, according to a new report. Last year, the British e-commerce industry increased by 11% to €157 billion. The report, United Kingdom... read more

25 Apr 16 @ 17:01

Powa Technologies’ insolvency specialists Deloitte have released its insolvency report into exactly what went wrong at the London payment company that folded spectacularly in February. The company autopsy reveals Powa’s ultimate controlling... read more

25 Apr 16 @ 13:36

By 25th April 2016, goods and services worth more than €1 billion will have been paid for with MyBank SEPA Credit Transfer (SCT) since its launch. Amounts paid with MyBank... read more

22 Apr 16 @ 16:45

MasterCard is reported to have entered exclusive talks to buy Vocalink as it bids to capture a greater share of UK debit card payments from Visa. Sky News initially reported that the... read more

22 Apr 16 @ 16:28

It is no understatement to say that the journey to US EMV migration over the last decade has been bumpy, with several false dawns – yet a new report Driving EMV... read more

22 Apr 16 @ 16:00

Visa Inc, following feedback from the European Commission has been forced to change the terms of its acquisition of Visa Europe. Under a deal struck in November, Visa Inc was set to pay... read more

22 Apr 16 @ 14:29

Orange and Groupama have signed an agreement that aims to enable the development of Orange Bank, a 100% mobile banking service. This agreement concludes the exclusive discussions that have been ongoing... read more

21 Apr 16 @ 15:21

The SIMalliance, which represents approximately 88% of the global SIM market, has reported  SIM shipments volume equalling 4.7 billion in 2015, reflecting a 0.3% increase on 2014 shipments. The estimated... read more

20 Apr 16 @ 14:13

Contactless cards continue to grow with increasing appetite from all stakeholders including consumers, who find it convenient, and merchants who like its speed – particularly where there is a requirement... read more

20 Apr 16 @ 14:00

Verifone and Samsung have teamed up to accelerate merchant adoption of Samsung Pay. As the most widely accepted mobile payment system in the US, Samsung Pay works almost anywhere users... read more

20 Apr 16 @ 13:54

First Investment Bank AD (Fibank) of Bulgaria is the first bank in the region launch a mobile HCE payment card product, the mobile payment service is based on Host Card Emulation (HCE)... read more

20 Apr 16 @ 10:49

Alternative payments are gaining traction in South Africa, with banks and payment companies introducing new solutions. Recent initiatives include the launch of MasterPass, Zapper, FlickPay and SnapScan. The MasterPass digital... read more