Daily news

25 Jun 14 @ 12:19

A global fraud study of more than 6,100 consumers across 20 countries revealed that one in four consumers is a victim of card fraud in the last five years. The... read more

25 Jun 14 @ 11:46

The rapid convergence of prepaid and mobile commerce is creating significant opportunities for merchants and other stakeholder groups to push banks and other day-to-day money management service providers down the... read more

25 Jun 14 @ 09:37

ZipZap has announced its expansion to the UK through a partnership with Payzone one of UK’s leading consumer payments and cash distribution networks. With this partnership, ZipZap now offers an... read more

24 Jun 14 @ 13:09

In a sensible move, Russia has moved to prevent MasterCard and Visa quitting Russia by pledging to reduce the size of the deposit required for them to operate in the... read more

24 Jun 14 @ 11:57

A new survey shows that the majority of high value retailers in Europe believe that draft EU rules to cap interchange fees for electronic payments should only go ahead if... read more

24 Jun 14 @ 10:49

Fraud events make consumers afraid, and FIs see costly customer attrition as a result. With 1,367 confirmed data breaches in 2013, organized fraud rings innovating constantly, and consumers losing confidence... read more

24 Jun 14 @ 10:40

A report from Retail Banking Research (RBR) details how rising numbers of ATMs worldwide are having a direct impact on demand for cash. RBR found that the installed base of... read more

24 Jun 14 @ 10:27

TSYS CEO Phil Tomlinson has announced that he has decided to retire as chief executive officer, and that Troy Woods has been elected by the TSYS board of directors as president... read more

23 Jun 14 @ 16:14

Consultancy Deloitte have released a new report in which they state that European retail banks need to radically overhaul their technology infrastructure if they are to face off the competitive... read more

23 Jun 14 @ 10:40

MasterCard and Sacombank have announced a partnership to equip small merchants at the iconic Ben Thanh market in Vietnam with mobile Point of Sale (mPOS) terminals, enabling consumers to make card payments for... read more

23 Jun 14 @ 09:55

Following the recent publication of the Consult Hyperion/GSMA discussion paper ‘HCE and SIM Secure Element: It’s Not Black and White’, SIMalliance has highlighted that future growth of the NFC ecosystem... read more

20 Jun 14 @ 10:44

AT&T has announced its selection of CorFire, the mobile commerce business of SK C&C USA, to provide SP TSM and supporting mobile applications for AT&T’s NFC services to be marketed... read more