Payments News

16 Feb 15 @ 15:14

Canadian NFC payments entrant Mobeewave has secured a $6.5 million funding round led by SBT Venture Capital. According to the company, the investment will be used to support market expansion... read more

04 Feb 15 @ 17:30

What will the world of payments look like in 20 years’ time? PCM dusts off its crystal ball to get a glimpse into the future. We are on the threshold... read more

04 Feb 15 @ 11:39

The value of electronic payments rose by 150% in two years to N35 trillion in 2014, reflecting the impact of the cashless policy. Deputy Governor, Economic Policy, Central Bank of... read more

30 Jan 15 @ 13:51

Providing consumers with a secure alternative to an ever-increasing number of passwords and profiles without compromising convenience is the latest frontier in driving consumer acceptance of new forms of payment.... read more

29 Jan 15 @ 09:43

Firstly, let me be clear…this is not a payments story. It is very interesting though! Apple just reported the biggest quarter of net income earned by any public company ever,... read more

15 Jan 15 @ 11:37

The UK’s Bacs Payment Schemes Limited (Bacs), the company behind Direct Debit says UK records were broken in 2014, reaching new highs in levels of transactions, demonstrating automated payments remain... read more

09 Jan 15 @ 15:44

MasterCard, Comdata and Behalf have teamed up to enable small- and mid-sized businesses (SMBs) to have a more flexible and convenient way to pay their vendors. The initiative helps improve... read more

09 Jan 15 @ 15:41

Around three-quarters of North American bankers are dissatisfied with data analytics technology, according to research from payment research firm Aite Group. Aite surveyed 141 senior banking IT executives in Asia-Pacific,... read more

09 Jan 15 @ 15:39

Digital security specialist Gemalto has announced the final closing of the acquisition of SafeNet, a provider of data and software protection, after approval by the relevant regulatory and antitrust authorities.... read more

08 Jan 15 @ 10:44

A survey from payments and loyalty specialists Logic Group has found that UK consumers are embracing new technologies such as contactless and mobile payments. According to the survey, Christmas 2015... read more

08 Jan 15 @ 10:41

Pan-European payment solution provider SIX Payment Services has teamed with Hypothekarbank Lenzburg to launch the first contactless debit card in Switzerland. In partnership with SIX, Hypothekarbank Lenzburg has replaced its... read more

08 Jan 15 @ 10:38

2C2P, a Southeast Asian payment services provider, and Myanmar Citizens Bank have announced the launch of the Citizen Card, a reloadable prepaid card accepted by MasterCard merchants globally. It comes... read more