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Gemalto lose patent infringement case

20 Jun 14 @ 10:15

Gemalto has announced that the United States Court of Appeals for the Federal Circuit did not support Gemalto’s proposed claim construction for its patent infringement lawsuit over Android. Patents involved... read more

Latin American bank BCI goes live with Open Payment Framework

19 Jun 14 @ 13:50

Banco de Crédito e Inversiones’ (BCI) payment hub has gone live based on Clear2Pay’s Open Payment Framework. The first phase, which focuses on domestic payments, has successfully delivered a unified... read more

Merchants which opt out of $7.2 billion credit card fee settlement face risks

18 Jun 14 @ 14:13

Believing they will fare better independently, some large US retailers have withdrawn from a proposed $7.2 billion credit card fee settlement class-action over a reported conspiracy to inflate credit card fees.... read more

Card Networks plan for post plastic era

18 Jun 14 @ 13:59

Card networks are taking aggressive action not to lag behind the expected replacement of plastic products with new digital payment methods. For example, Discover Financial Services has signed onto the... read more

Bright outlook for national payment schemes, predicts global research

18 Jun 14 @ 09:30

National card and national payment schemes have reason to be optimistic about their future, in spite of increasing globalisation, according to comprehensive new research into the sector. National Payments Schemes:... read more

Mobile banking Trojan mutates with ransomware features

17 Jun 14 @ 13:02

An Android mobile banking Trojan program originally designed to steal mobile banking credentials from Russian users has been found in the wild and has been retrofitted with ransomware functionality to... read more

US embraces EMV in wake of Target breach

16 Jun 14 @ 16:24

Spurred by major data breaches at Target and other stores, the US banking and retail sectors are turning to more secure microchip-based EMV payment cards, causing US shipments of these... read more

Over £7 billion lost by UK SMEs from missed payment opportunities

16 Jun 14 @ 16:21

Only 42% of UK SMEs currently offer customers the option of paying by card, despite card spending more than doubling in the last decade, according to research from Barclaycard. SMEs... read more

Worldline plans €610 million IPO

16 Jun 14 @ 16:19

French payment processor Worldline is set to be spun off by its parent Atos in an initial public offering (IPO) valued at €610 million. Worldline will issue around €255 million... read more

Cartes Bancaire plans biometric payments

16 Jun 14 @ 16:16

The French domestic card scheme, Groupement des Cartes Bancaires (CB), is planning to introduce biometric payment based on fingerprints before the end of 2014. CB is working with the National... 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