Daily news

23 Jul 14 @ 16:06

As the European Commission moves closer towards its ambitions of creating a single European payments market, one proposal put forward in Article 58 of the upcoming Payment Services Directive (PSD2)... read more

23 Jul 14 @ 13:01

TSYS announced its revenues for Q2 2014 increased by 30.4%, while its adjusted earnings per share (EPS) from continuing operations were $0.45, an increase of 19.8%. According to a company press... read more

23 Jul 14 @ 10:35

Kenyans are transacting Sh6.2 billion ($70.49m) daily through mobile phones, Central Bank of Kenya has said. This is a rise from an average of Sh5.2 billion last year, underlining growing... read more

23 Jul 14 @ 10:20

Amazon has quietly released a new Android and Fire Phone app, dubbed Amazon Wallet, which lets users scan cards with their phone and save them in the Amazon cloud, so... read more

22 Jul 14 @ 16:12

The UK banking industry’s main lobbying group, the British Bankers Association, is considering a proposal to merge with at least two of its peers amid pressure from leading members to... read more

22 Jul 14 @ 15:22

Westpac is trialling Host Card Emulation  mobile payments (HCE digital wallet), the first bank in New Zealand to actively do so and one of only a handful of banks globally... read more

22 Jul 14 @ 15:09

Adyen announced findings from its latest global Mobile Payments Index covering the period of April through June 2014.  During this period, on average mobile web payments accounted for almost 22%... read more

22 Jul 14 @ 14:06

In a recent blog post, Jonathan Vaux, director of new payment propositions at Visa Europe  attributes the increase in the popularity of card-on-file payment to the growing use of biometrics for payment authentication. Vaux... read more

21 Jul 14 @ 16:05

Social network giant Facebook is testing a “buy” button which would enable users to purchase products featured on advertisements or page posts on the social network. Users can pay with... read more

21 Jul 14 @ 16:01

The UK Competition and Markets Authority (CMA) is planning to launch an investigation into the UK retail banking sector in a move which could see high-street giants being broken up.... read more

21 Jul 14 @ 15:57

Despite a slew of funding rounds for payment industry start-ups over the last few years, venture capital providers are backing away, according to data from CrunchBase. The research firm found... read more

21 Jul 14 @ 15:52

Global payment solution vendor ACI Worldwide is to acquire UK-based payment fraud prevention outfit Retail Decisions (ReD) for $205 million in cash. ReD’s suite of products includes solutions for merchants... read more