Payments News

19 Jun 15 @ 15:07

Western Union, the global remittance specialist, and MasterCard have entered into a deal that will enable remittances originated from nearly anywhere across the globe to be received on Maestro and... read more

19 Jun 15 @ 15:04

A Russian engineer has made biometrics personal by implanting a contactless transit chip in his hand. The engineer took the chip from his public transit Troika card, wrapped it in... read more

19 Jun 15 @ 15:01

Royal Bank of Scotland (RBS) is pledging to invest another £150 million a year to improve the strength of its IT systems, following the latest breakdown which saw 600,000 transactions... read more

18 Jun 15 @ 15:47

Verifone, a global provider of payment and commerce enablement technology and services, has partnered with payworks to offer mPOS. The two companies provide a joint product package based on Verifone’s... read more

18 Jun 15 @ 15:44

Last year UK holidaymakers spent £26.4 billion using their cards overseas, making almost 14 transactions every second, according to figures from the UK Cards Association. For the first time annual... read more

18 Jun 15 @ 15:40

Oberthur Technologies, a global digital security solutions specialist, and Sweden’s ICA Banken have announced the launch of the first dual interface contactless payment cards in Sweden. ICA Banken and Oberthur... read more

18 Jun 15 @ 15:37

Small World FS, a European fintech payment services provider, has announced a partnership with Bharti Airtel, the Indian multinational telco services company. Small World FS customers will now be able... read more

17 Jun 15 @ 16:48

The landscape of domestic card schemes in Europe has changed dramatically following the implementation of the European Economic Area, the Payment Services Directive and the SEPA Cards Framework. The domestic card... read more

17 Jun 15 @ 16:30

About 600,000 payments that failed to enter the accounts of RBS customers overnight may not be completed until the end of the week, the bank has said. Payments of wages,... read more

17 Jun 15 @ 16:20

Blackstone and Carlyle Group have reportedly teamed up to make a $10 billion bid for cash machine vendor NCR, according to Reuters. Citing sources, Reuters says that Blackstone and Carlyle... read more

16 Jun 15 @ 09:11

Nordea has signed an agreement to divest its merchant acquiring business Nordea Merchant Acquiring (NMA) to Nets Holding (Nets). The sale of the NMA business and the establishment of a partnership... read more

12 Jun 15 @ 15:47

Trustwave has released the 2015 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2014. The report discloses how much criminals can profit from malware attacks,... read more