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Let battle commence: Samsung acquires LoopPay

19 Feb 15 @ 08:57

As the battle for handset supremacy wages on, the new weapon for Samsung is LoopPay, as the electronics giant agreed to acquire the mobile wallet services provider that turns existing magnetic stripe... read more

Contactless will open the door to mobile – MasterCard

18 Feb 15 @ 12:51

With figures from MasterCard showing that contactless transactions in Europe grew by 174% year on year in the last quarter of 2014, the payment network is predicting that the surge... read more

RBS and NatWest tap Apple fingerprint ID for mobile banking log-in

18 Feb 15 @ 12:47

UK banks RBS and NatWest are leveraging Apple’s biometric Touch ID function for fingerprint log-in to mobile banking apps on the iPhone. In what the banks claim is a UK... read more

Raiffeisen Bank, Tieto enable contactless Visa cards across Bosnia and Herzegovina

18 Feb 15 @ 12:43

European software specialist Tieto has helped Raiffeisen Bank become one of the first banks in Bosnia and Herzegovina to provide contactless payment services for Visa cards. With the Card Suite... read more

Global smartphone sales set new record

17 Feb 15 @ 14:51

Global smartphone sales set a new milestone in the fourth quarter of 2014, reaching $115 billion for the quarter, an increase of 20% year-on-year, according to data from research firm... read more

iZettle launches free chip and PIN reader

17 Feb 15 @ 14:48

Swedish mPOS specialist iZettle is launching the world’s first free-of-charge chip and PIN reader for merchant customers across Europe. The new iZettle Card Reader Lite connects to tablets and smartphones... read more

orderbird and ConCardis provide NFC payment

17 Feb 15 @ 14:46

orderbird, an iPAD POS provider, and its strategic payment partner ConCardis have launched a solution for cashless payment with card or contactless via NFC such as Apple Pay. The newly... read more

US EMV POS migration gathers pace

16 Feb 15 @ 15:33

By the end of 2015, approximately 59% of US POS locations will be EMV-enabled, according to a report from payment consultancy Aite Group. Awareness of the migration to EMV among... read more

Apple Pay 2.0 includes coupon redemption and ticketing

16 Feb 15 @ 15:25

The new version of Apple Pay will include coupon redemption, loyalty and ticketing functionalities, according to a patent filed with the US Patent and Trademark Office. The updated Apple Pay... read more

Hackers steal $1 billion in global cyber attack

16 Feb 15 @ 15:17

Around $1 billion may have been stolen by hackers from 100 banks worldwide in an unprecedented cyber attack, according to a report by security specialist Kaspersky Lab. The attacks, which... read more

Mobeewave gains $6.5 million investment

16 Feb 15 @ 15:14

Canadian NFC payments entrant Mobeewave has secured a $6.5 million funding round led by SBT Venture Capital. According to the company, the investment will be used to support market expansion... read more

25% of phishing attacks in 2014 targeted financial data

13 Feb 15 @ 12:29

The Kaspersky Lab study ‘Financial Cyber Threats in 2014’ reports that 28.8% of phishing attacks in 2014 were intended to steal financial data from users. While carrying out their scams,... 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