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UK legislate on mobile cheque deposit

02 Jul 14 @ 09:05

The UK government is hoping to resist the slide of cheque usage by allowing a system that will allow people to pay using mobile cheque deposit by taking a photo... read more

Annual digital payments to reach $4.7 trillion by 2019

02 Jul 14 @ 09:02

A new report from Juniper Research has found that the annual transaction value of online, mobile and contactless payments (digital payments) will reach $4.7 trillion by 2019, up from just over $2.5... read more

Mobile banking – South Africa unpicking the lock?

01 Jul 14 @ 10:08

South Africa’s telco’s have been trying for some time to unpick the mobile banking lock, but they have not been able to repeat the successes they have had in countries... read more

Banca Popolare di Bari partners with NCR for Branch of the Future vision

30 Jun 14 @ 15:12

NCR Corporation and Banca Popolare di Bari, one of Italy’s largest banks, announced that NCR has been selected as the partner of choice to help the bank design and implement its... read more

BBVA and Visa launch first commercial HCE mobile payments

30 Jun 14 @ 14:53

BBVA is the first global banking group to commercially launch mobile HCE mobile payments based on new cloud-based payment specifications from Visa. The new cloud-based system will allow BBVA customers... read more

PayPal announces its app for Android Wear

30 Jun 14 @ 10:50

Not long ago, Google showcased Android Wear, as well as a bunch of smartwatches which will go on sale at the Google Play Store – Samsung Gear Live and LG... read more

Android malware hits South Korean mobile banking customers

30 Jun 14 @ 10:42

Android malware, a malicious software that can imitate legitimate online banking applications is hitting customers in South Korea, with thousands of devices infected in the last week, according to a... read more

Vishing attacks hits £21 million in 2014

30 Jun 14 @ 10:35

Since the beginning of 2014, some of the UK’s main high street banks have reported losses of over £21 million from vishing attacks, where consumers are tricked into handing over... read more

Russian Standard Bank launches contactless payment with Samsung

30 Jun 14 @ 10:28

Russian Standard Bank, Samsung Electronics and MasterCard have announced the commercial launch of a contactless payment service on some flagship NFC-enabled Samsung devices.  For MasterCard and Samsung, the Russian launch... read more

Stripe inks deal with Alipay

26 Jun 14 @ 17:09

US payments provider Stripe announced a deal with industry giant Alipay that will enable merchants in the UK and Europe to accept payments from Chinese consumers. The US firm hopes... read more

NYC overtakes Silicon Valley as fintech centre of excellence

26 Jun 14 @ 16:47

New York’s financial sector is helping it outstrip Silicon Valley in terms of fintech start-up investment, according to a new report by Accenture and the Partnership Fund for New York... read more

US issuers push EMV issuance after turbulent year

26 Jun 14 @ 09:37

2014 Debit Issuer Study reveals increased usage, a renewed focus on fraud prevention and EMV issuance, and a resurgence of debit rewards linking merchant offers. Financial institutions weathered the Target... read more

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Visa strengthens fraud defences with BioCatch acquisition

05 Aug 26 @ 16:37

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more

Fiserv and Mastercard expand strategic alliance

05 Aug 26 @ 16:36

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more

RBC and BMO sell Moneris to Francisco Partners for C$2bn

13 Aug 26 @ 15:19

Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more