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New European payments processor Nuapay launches

08 May 15 @ 12:51

According to press reports, Irish payments group Sentenia has launched a service called Nuapay that will offer businesses a non-bank alternative for payment processing. This follows legislation introduced by the European... read more

Shipments of secure elements jump by over 12% in 2014

08 May 15 @ 10:31

Eurosmart has released the 2014 figures for the worldwide secure elements shipments and the smart secure contactless markets as well as the corresponding 2015 forecast. The data provided by Eurosmart... read more

HPS partners with Gemalto for tokenization

08 May 15 @ 09:25

HPS announced a new global partnership with Gemalto for tokenization. Tokenization is the process by which payment account information is replaced by an alternate value called a token. Issuers, Merchants... read more

Denmark proposes cashless country

07 May 15 @ 09:51

The Danish government, as part of a pre-election package of economic measures put forward by the government, has proposed getting rid of the obligation for selected retailers to accept payment... read more

Credit card fraud rising in Germany

07 May 15 @ 09:39

New analysis shows that credit card fraud increased last year in Germany. In a sample of 7.5 million active cards issued in Germany, FICO found that losses due to fraud increased... read more

02 acquires Weve

06 May 15 @ 14:39

O2 is rumoured to have acquired the Weve mobile commerce and advertising consortium saying the business will be run as a standalone subsidiary. In a statement, the former joint venture states: “We... read more

3.4 billion EMV chip payment cards in global circulation

06 May 15 @ 14:35

Official figures for Q4 2014 released by the global technical body EMVCo show that significant advances are being made globally in the adoption of EMV chip technology. By the end... read more

European Commission agree on Payments Services Directive

06 May 15 @ 14:24

Back in 2013, the European Commission set out proposals for a Payments Services Directive 2 (PSD2) in an effort to improve cross-border payments, tackling what it says is still a... read more

Consumer payments: behaviors & perceptions

06 May 15 @ 13:57

In August 2014, approximately 1 out of every 5 banked consumers in the U.S. said they would be comfortable using their smartphone to initiate all of their payments transactions, according... read more

27% of global online transactions now on mobile – Mobile Payments Index

05 May 15 @ 17:11

Online payments made using mobile devices continues to rise globally – according to the quarterly Mobile Payments Index (MPI), which tracks mobile payment data from web-based transactions – now accounting for 27.2%... read more

Visa announces widespread UK launch of V.me

05 May 15 @ 16:17

Visa Europe has confirmed that it has secured commitment from 55% of the UK’s issuance base, which accounts for more than 60 million card holders, and thousands of the UK’s retailers,... read more

Millennials: how banks can capitalize

05 May 15 @ 14:13

Personal Financial Management (PFM) tools offering consumers budgeting tools and enhanced visibility into their spending behavior are becoming more widely available. And while not all customers are interested in these... read more

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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

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... 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