Daily news

21 Jan 16 @ 09:56

Fiserv has entered into a definitive agreement with ACI Worldwide to acquire the assets of its Community Financial Services (CFS) business in an all-cash transaction valued at $200 million, which does... read more

20 Jan 16 @ 11:23

The analysis shows mobile banking adoption is associated with lower attrition, use of more products, and an increase in transactions, resulting in increased revenue for financial institutions that offer the... read more

20 Jan 16 @ 11:14

Paytm is working on a new way to make mobile payments in stores using smartphones. The method they are trialling is called ‘Sound Pay’ and it uses ultrasonic sound waves to transfer money.... read more

20 Jan 16 @ 10:02

Payments is a massive, confusing and unsustainably fragmented industry right now. So it’s no surprise that 47% of global FinTech M&A deals tracked last year were payments companies getting snapped up.... read more

20 Jan 16 @ 09:36

New FinTech innovators are challenging the traditional way that cross border payments have been done. But are businesses tapping into the new innovation – or staying with the status quo?... read more

19 Jan 16 @ 12:01

Barclaycard has launched a contactless mobile app for Android smartphones using HCE (Host Card Emulation) technology. The new mobile payment feature – first previewed in September last year – is finally... read more

19 Jan 16 @ 11:46

Nigerian digital payment provider Interswitch is to launch its Verve payment cards in Kenya in 2016 to compete head-on with international card brands and Safricom’s M-Pesa mobile money platform. A... read more

19 Jan 16 @ 11:41

Payment card providers that are battling for market share are introducing new services to defend and expand their client base.  New initiatives by issuers bring a better customer experience.  However,... read more

19 Jan 16 @ 10:56

Mobey Forum has  published its latest report on mobile payment, which investigates the fierce power plays between banks and the ‘Pay’ models of the original equipment manufacturer (OEM) tech giants.... read more

18 Jan 16 @ 09:44

Hyatt Hotels has become the latest in a growing list of high profile brands to have their payments card data hacked. The company said Wednesday that it is investigating malware... read more

18 Jan 16 @ 09:12

The Federal Reserve Bank of Atlanta has selected IBM to modernize its ACH processing platform. During ACH operations, the Federal Reserve serves as the central operator ensuring electronic payments (direct deposit,... read more

15 Jan 16 @ 12:58

CaixaBank is launching imaginBank, Spain’s first mobile-only bank providing banking services exclusively through mobile apps and social networks. CaixaBank currently services 2.9 million customers aged between 18 and 35, with... read more