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09 Dec 15 @ 14:54
Contactless cards have finally taken off in Europe with spectacular growth in the number of cards and the volume of payments during 2014. The rollout of contactless cards and adoption... read more
09 Dec 15 @ 14:25
The European Payments Council (EPC), representing payment service providers, and the Cards Stakeholders Group (CSG), a multi-stakeholder body gathering retailers, vendors, processors, card schemes and the EPC, today published version... read more
09 Dec 15 @ 14:16
Recently merged Equens is expanding its product portfolio to include an end-to-end pan-European instant payment service. The instant payment solution will not only deliver an interbank automated clearing and settlement... read more
07 Dec 15 @ 14:49
The value of the average contactless transaction increased in Septembers a result of the increase in the contactless payment limit, the latest card expenditure statistics from The UK Cards Association... read more
04 Dec 15 @ 12:43
Early Warning Services announced on October 26th that it has entered into an agreement to acquire clearXchange, which will create a bank-owned real-time payments system with unparalleled DDA connectivity. The... read more
04 Dec 15 @ 12:26
International card schemes MasterCard and Visa now account for 86% of all payment cards in Europe, as domestic and private label schemes continue their decline. Global Payment Cards Data and... read more
04 Dec 15 @ 12:01
The US credit card market is showing signs of recovery, with credit cards gradually gaining traction among US consumers. Credit cards accounted for 43.4% in terms of transaction value, a... read more
27 Nov 15 @ 14:11
BBVA Bancomer, the leading financial institution in Mexico serving over 20 million customers, is to roll out Dynamic Code Verification (CVV/CVC) solution protecting against Card-Not-Present (CNP) fraud. This is the first commercial... read more
27 Nov 15 @ 13:57
The European Payments Council (EPC) released its proposal for the design of a pan-European instant credit transfer scheme, dubbed SCT Inst scheme. This proposal is part of the Euro Retail... read more
27 Nov 15 @ 13:11
Bitcoin is a powerful and successful digital currency. Based on cryptography and a decentralized ledger, it has simultaneously been heralded as the future of finance and a gateway to the... read more
26 Nov 15 @ 09:41
OpenWay, a global provider of software solutions for card management software, bank card issuing and acquiring, transaction switching and omni-channel payments, has been recognized as ‘Market Leader’ by Ovum, an... read more
24 Nov 15 @ 08:52
myPINpad, which enables multi-channel and multi-factor authentication via the Cardholder PIN, has announced a new partnership with VocaLink, to bring their PIN based authentication solution to digital commerce applications. VocaLink,... read more
11 Jun 26 @ 16:00
A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more
18 May 26 @ 17:07
The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more
31 May 26 @ 12:59
The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more