Daily news

04 Aug 15 @ 16:28

The Australian Senate has stated that digital currency transactions should be treated in the same way as regular currency for the purposes of taxation. An earlier judgment from Australia’s Taxation... read more

04 Aug 15 @ 16:25

US payment service provider Green Dot Corporation has launched a cash processing technology enabling customers to securely add cash to their accounts at participating retailers using their mobile device. This... read more

03 Aug 15 @ 14:37

The number of global mobile banking users is set to double to 1.8 billion over the next four years, according to research by KPMG, using primary survey data supplied by... read more

03 Aug 15 @ 14:34

Over 103 million payments were processed in just one day at the end of July by BACS, the UK payment processing organisation. BACS has already achieved a number of transaction... read more

03 Aug 15 @ 14:30

Shares in US payment service provider Fidelity National Information Services have soared on speculation that it is in talks to buy financial technology conglomerate SunGard. Private equity-owned SunGard filed for... read more

31 Jul 15 @ 16:20

A new report from payment consultancy Aite Group states that despite Japan being viewed as one of the most advanced payments nations in the world, it remains a cash-intensive society.... read more

31 Jul 15 @ 16:16

Shipments of smart card integrated circuits (ICs) are projected to increase from 9.6 billion in 2014 to 10.4 billion in 2015 and to 12.7 billion in 2019, according to research... read more

31 Jul 15 @ 16:12

MasterCard and Samsung Electronics have announced they are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver the mobile payment service Samsung Pay in Europe. Samsung... read more

31 Jul 15 @ 16:09

UK bank NatWest, part of the RBS group, has suffered another online banking crash which has affected thousands of users. The latest IT failure comes only six weeks after the... read more

31 Jul 15 @ 16:06

MasterCard has paid out $61 million to UK supermarket retailer Tesco in what is expected to be the first of several settlements by card schemes over interchange fee lawsuits lodged... read more

31 Jul 15 @ 09:00

Mobile point of sale (mPOS) growth continues as the technology deepens its reach across vertical industries, merchant tiers and geographies. 451 Research projects the global mPOS installed base will grow... read more

30 Jul 15 @ 12:00

After a series of high-profile hacking attacks, many companies are considering more aggressive tactics to fight back against cyber crime, including “active defence” strategies. The most controversial is “hacking back”... read more