Payments News

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Visa and MasterCard shares surge as China ends card monopoly

23 Apr 15 @ 14:29

Shares in Visa Inc. and MasterCard Inc. climbed the most since October after China’s government indicated it plans to end a monopoly in bank-card clearing. Visa gained 4.1% to close... read more

The changing landscape of real-time retail payments systems

23 Apr 15 @ 13:11

A new research paper by SWIFT assesses the global real-time retail payments systems (RT-RPS) landscape, provides analysis on the key drivers and trends, and identifies the different approaches, barriers to... read more

Europeans favouring mobile payments

09 Apr 15 @ 15:37

Around 185 million consumers in Europe are expected to use mobile payment apps over the next 12 months, according to an ING survey of more than 14,000 individuals around the... read more

BBVA Compass teams up with Dwolla for real-time payments

09 Apr 15 @ 15:33

BBVA Compass customers is teaming up with the Dwolla digital currency platform to enable consumers to make real-time payments. BBVA Compass is bypassing the traditional routes and using Dwolla’s FiSync... read more

CBA launches apps for Apple and Android wearables

09 Apr 15 @ 15:30

Commonwealth Bank of Australia (CBA) has released new apps for Apple and Android wearables such as smart watches. CBA’s apps for Android and Apple smart watches will allow users to... read more

Digital currency regulator should be global body

08 Apr 15 @ 15:41

Regulation of the digital currency marketplace would need to be co-ordinated by a global body such as the Basle-based Bank for International Settlements, according to the Reserve Bank of Australia.... read more

Microsoft gears up for HCE-based mobile payments

08 Apr 15 @ 15:37

Tech giant Microsoft is planning a move into host card emulation (HCE) mobile payments by preparing for the regulatory approvals needed for the launch of such a service. Microsoft unveiled... read more

Square launches customer engagement tools

08 Apr 15 @ 15:32

mPOS player Square is launching a new suite of customer engagement tools aimed at small businesses. The new tools will work in conjunction with the Square Register service in order... read more

Internet spending is one-third of UK card expenditure value

07 Apr 15 @ 13:39

New figures published by the UK Cards Association show that 30% of the value of all spending on cards in January was via the internet, with £15.4 billion of the... read more

Intel and Ingenico team up for Internet of Things

07 Apr 15 @ 13:35

Ingenico Group and Intel Corporation have announced a collaboration to combine Intel technology and Ingenico Group secure payment acceptance for the Internet of Things. The companies will jointly develop a... read more

Poland’s Idea Bank launches mobile ATM fleet

07 Apr 15 @ 13:32

Poland’s Idea Bank is launching a fleet of automobiles fitted with ATMs which can be ordered by smartphone. The bank has fitted four electric BMW i3 automobiles with built-in cash... read more

Payment Systems Regulator begins £75 trillion UK payment industry oversight

25 Mar 15 @ 11:13

On April 1st,, in what will be a landmark date for UK financial regulation, The Payment Systems Regulator (PSR), the new economic regulator for payment systems, has confirmed how it will regulate... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more