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UK contactless transactions pass £1billion

18 Nov 14 @ 11:08

Contactless has shaken off its novelty tag and is surging towards the mainstream according to Worldpay, which announced it processed over £1 billion payments using the technology in the last... read more

Anti-fraud technology keeping UK card fraud losses at bay

17 Nov 14 @ 12:42

FICO says that card-not-present (CNP) fraud accounted for three-quarters of card fraud cases and fraud losses in the UK from 2012-2014, based on the payment cards in the FICO Falcon Fraud Consortium for Europe.... read more

Asia-Pacific leads ATM growth with huge expansion in China and India

17 Nov 14 @ 09:55

Asia-Pacific contributed more to worldwide ATM growth in 2013 than any other region, accounting for 83% of new installations, according to RBR’s latest research Global ATM Market and Forecasts to... read more

Americans trust banks for mobile wallet

17 Nov 14 @ 09:46

Despite the hype that has accompanied the launch of Apple Pay, less than a third of Americans would consider obtaining a mobile wallet app from Apple, while more than two... read more

Optus launches NFC payment app

17 Nov 14 @ 09:43

With Apple driving awareness of the potential of NFC payments with Apple Pay, it’s no surprise that the telcos are trying to defend their space. After Vodafone’s NFC false start in 2012,... read more

Payment Systems Regulator sets out plans to regulate £75trn industry

14 Nov 14 @ 10:00

The Payment Systems Regulator (PSR) has set out how it proposes to regulate the £75trn payment systems industry when it becomes fully operational in April. Payment systems enable consumers to... read more

Vodafone to launch NFC payments in the UK

14 Nov 14 @ 09:00

Mobile network operator Vodafone is preparing to make NFC payments available to its customers in the UK in time for the launch of contactless bank card payments on London’s public transport network. “Vodafone... read more

MasterCard plans end of passwords for online payments

13 Nov 14 @ 16:29

MasterCard has outlined its vision for online payments beyond passwords, making life simpler for cardholders while increasing security. The company has been leading the co-creation of a new authentication standard, which... read more

Square begins EMV chip-card reader launch

13 Nov 14 @ 16:20

Mobile payments platform provider Square has made an EMV chip-card reader available to its customers. But rather than offering the reader for free, Square is charging customers $29 as part... read more

Westpac deploys contactless sticker in New Zealand

13 Nov 14 @ 15:47

New Zealand’s Westpac is to offer its customers contactless sticker for mobile payment. Westpac customers attach the sticker to the back of their mobile device to make quick, secure contactless... read more

Five ways Bitcoin could shake up finance

13 Nov 14 @ 15:34

French bank BNP Paribas has published an article titled “Cryptomania” in the latest edition of their in-house magazine. The article, authored by Johann Palychata, a research analyst for BNP Paribas... read more

McDonald’s deploys NFC mobile payments Softcard

12 Nov 14 @ 11:16

Softcard (formerly Isis Mobile Wallet) has won its first big deal with McDonald’s announcing a union between the two companies, bringing NFC mobile payments to roughly 14,000 McDonald’s restaurants. “We are... 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