Payments News

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Citi, Fidelity and Mint develop apps for Apple Watch

10 Mar 15 @ 17:04

Citi, Fidelity and Mint have developed apps designed for the new Apple Watch, which will be released next month. Citi’s app enables users to see their current and savings account... read more

SIA continues strong European growth

02 Mar 15 @ 10:22

The Board of SIA, meeting under the chairmanship of Giuliano Asperti, has approved the Financial Statement at 31 December 2014. The results achieved by SIA show a further improvement after... read more

UK Payments sector behind London being Fintech capital of Europe

02 Mar 15 @ 10:08

Accenture reported in ‘The Boom in Global Fintech Investment’ that London “has become the Fintech capital of Europe. Since 2004, the lion’s share of Europe’s Fintech deals and financing have... read more

Visa unveils global expansion plans for Checkout

19 Feb 15 @ 14:56

Visa Inc. has announced that Visa Checkout will become available in a total of 16 markets in 2015, continuing the growth the proposition has experienced since launching in three markets... read more

Sub-Saharan African mobile money market set to soar

19 Feb 15 @ 12:38

The sub-Saharan mobile money market is set to provide telcos and banks with as much as $1.5 billion in fees by 2019, according to research from the Boston Consulting Group... read more

Google retires Bebapay card in Kenya

19 Feb 15 @ 12:29

Google is to close its Bebapay prepaid card in the Kenya market in order to shift its focus onto the payments space. Bebapay was launched in 2013 as a prepaid... read more

Raiffeisen Bank, Tieto enable contactless Visa cards across Bosnia and Herzegovina

18 Feb 15 @ 12:43

European software specialist Tieto has helped Raiffeisen Bank become one of the first banks in Bosnia and Herzegovina to provide contactless payment services for Visa cards. With the Card Suite... read more

Global smartphone sales set new record

17 Feb 15 @ 14:51

Global smartphone sales set a new milestone in the fourth quarter of 2014, reaching $115 billion for the quarter, an increase of 20% year-on-year, according to data from research firm... read more

iZettle launches free chip and PIN reader

17 Feb 15 @ 14:48

Swedish mPOS specialist iZettle is launching the world’s first free-of-charge chip and PIN reader for merchant customers across Europe. The new iZettle Card Reader Lite connects to tablets and smartphones... read more

US EMV POS migration gathers pace

16 Feb 15 @ 15:33

By the end of 2015, approximately 59% of US POS locations will be EMV-enabled, according to a report from payment consultancy Aite Group. Awareness of the migration to EMV among... read more

Apple Pay 2.0 includes coupon redemption and ticketing

16 Feb 15 @ 15:25

The new version of Apple Pay will include coupon redemption, loyalty and ticketing functionalities, according to a patent filed with the US Patent and Trademark Office. The updated Apple Pay... read more

Hackers steal $1 billion in global cyber attack

16 Feb 15 @ 15:17

Around $1 billion may have been stolen by hackers from 100 banks worldwide in an unprecedented cyber attack, according to a report by security specialist Kaspersky Lab. The attacks, which... 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