Daily news

Showing Latest Daily news

Worldwide shipments of wearables to surpass 200 million

22 Mar 16 @ 14:44

Worldwide shipments of wearable devices are expected to reach 110 million by the end of 2016 with 38.2% growth over the previous year. According to the International Data Corporation (IDC)... read more

Octopus cash limit to triple to HK$3,000 – aimed at changing shopping habits

22 Mar 16 @ 12:58

Octopus, the Hong Kong equivalent of the Oyster card in the UK says the legal limit on the amount of money that can be stored on Octopus cards will rise... read more

UK payment cards annual fraud losses hit £567.5 million

21 Mar 16 @ 12:51

Statistics by Financial Fraud Action (FFA) UK show fraud losses on UK payment cards totalled £567.5 million in 2015, representing an 18% increase from £479 million one year before. Significantly,  total... read more

Tencent’s WeChat rides mobile payments wave

21 Mar 16 @ 12:36

Tencent is not only China’s largest social network and online entertainment firm, it is now big in mobile payments. The company has quietly built one of the world’s largest mobile payments systems,... read more

Russian hacker cell steals $25.7 million

21 Mar 16 @ 12:25

A newly discovered Russian hacker group known as Buhtrap has attacked 13 Russian banks since August 2015, using malware that infiltrates their gateway to the central bank, according to Moscow-based... read more

2016 UK consumer payment study

18 Mar 16 @ 11:48

TSYS has announced the results of its 2016 UK Consumer Payment Choice Study. New to the second annual research were findings related to emerging payments. The online survey of more than 500... read more

Blockchain: short-lived illusion or a real game changer?

18 Mar 16 @ 11:22

Blockchain has traditionally been a subject of mitigated opinions, due to its early association with bitcoin, the cryptocurrency adopted by techies all around the world, and also used on anonymous... read more

Chase Bank Kenya rolls out aggressive African strategy with OpenWay

18 Mar 16 @ 10:07

Chase Bank Kenya, an innovative and fast-growing bank with an ambitious strategy across Africa, has successfully migrated its full card portfolio to the OpenWay WAY4 payment software platform from Electra... read more

ACI and Verifone to deliver Pan-European payments platform for Auchan

18 Mar 16 @ 09:46

ACI will partner with Verifone to deliver a comprehensive pan-European payments platform for Auchan Group, one of Europe’s largest food retailers. Auchan relies on ACI’s market-leading, omni-channel UP Retailer Payments solution... read more

Hong Kong credit card market on the rise

17 Mar 16 @ 12:39

Credit cards dominate the Hong Kong payment cards market in terms of transaction volume and value during the review period (2010-2014) – a trend which is expected to continue up... read more

Vodacom reviewing poor M-Pesa business

17 Mar 16 @ 11:57

Vodacom South Africa reportedly considering various options for its sluggish mobile money transfer service M-Pesa. In 2010, Vodacom launched M-Pesa in South Africa and the company set a target of... read more

ICICI Bank roll out HCE mobile payment solution

17 Mar 16 @ 11:48

ICICI Bank is set to roll out an HCE mobile payment solution to enable its credit and debit card customers to make payments with their smartphones at NFC-enabled terminal. The mobile payment solution... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more