Daily news

10 Nov 14 @ 11:51

CurrentC, the MCX backed mobile payment system developed by a consortium of major retail chains, has made headlines lately for brazenly blocking Apple Pay transactions. The heat CurrentC faced from that poor... read more

10 Nov 14 @ 10:58

According to the term sheet, which was picked up by equity analyst at Keefe, Bruyette & Woods, Sanjay Sakhrani, Apple Pay will receive 15 basis points (0.15 percent) per credit... read more

10 Nov 14 @ 10:42

At Money 2020, and in the wake of Apple Pay and its dominance of the headlines, US mobile money ventures, Softcard (formally ISIS) and merchant-run MCX, have been setting out... read more

10 Nov 14 @ 10:11

You are starting a new business and you are looking for a POS system to help you with giving your customers the best possible experience. But one thing to remember... read more

07 Nov 14 @ 15:47

Transaction Network Services (TNS), a portfolio company of Siris Capital Group since February 2013, has entered into an agreement to sell its payment gateway services business to MasterCard for an... read more

07 Nov 14 @ 15:41

Treasury Committee chairman Andrew Tyrie is to question banks over allegations that they may be under-reporting instances of cybercrime and bank fraud because they don’t want to frighten people. Tyrie... read more

07 Nov 14 @ 13:28

American Express this week launched a tokenisation service in the US that aims to replace payment card numbers with unique tokens. “With American Express Token Service, traditional card account numbers... read more

07 Nov 14 @ 13:21

Braintree, acquired last year by PayPal for $800 million, is aiming to take its ‘One Touch’ payment technology for Paypal beyond the US market. In August the parent firm announced... read more

05 Nov 14 @ 10:51

Visa and MasterCard have bowed to pressure from Canadian regulators by agreeing to set a 1.5% cap on interchange rates in Canada for the next five years, a reduction of... read more

05 Nov 14 @ 10:33

Apple’s move into payments with its Apple Pay service represents a tipping point for contactless payments, according to Verifone Europe president June Yee Felix, speaking at the Cartes 2014 event... read more

04 Nov 14 @ 10:24

Mobile commerce specialist Proxama is to acquire payment technology specialist Aconite Technology. According to the two companies, the acquisition will create a compelling end-to-end solution for card issuers to migrate... read more

04 Nov 14 @ 10:11

Instant issuance specialist Datacard Group and its recent acquisition Entrust have unveiled a new company name, logo and corporate brand identity – Entrust Datacard –  at the Cartes 2014 event... read more