Payments News

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MasterCard-branded national eID card launched in Nigeria

29 Aug 14 @ 13:16

Nigeria’s national eID card scheme has been officially launched. In the pilot phase, the Nigerian Identity Management Commission (NIMC) will issue MasterCard-branded identity cards with electronic payments functionality to 13... read more

Apple opts for NXP NFC chips for next iPhone

29 Aug 14 @ 13:13

Tech giant Apple is working with global semiconductor manufacturer NXP to add secure short-range wireless technology into the next iPhone, enabling new pay-by-touch capabilities. The next release of the iPhone... read more

Ukash partners with Singapore’s YuuPay

29 Aug 14 @ 13:10

Global online cash payment provider Ukash has partnered with YuuPay, the Singapore-based payment service provider. The agreement will enable around 400 merchants already using the YuuPay system in Asia, Australia... read more

Apple’s digital wallet patent references ‘virtualised currencies’

28 Aug 14 @ 12:16

With tech giant Apple positioning itself to enter the mobile payment space, interest has been piqued by a recent digital wallet patent application that has just been made public. The... read more

JPMorgan suffers hack attack

28 Aug 14 @ 12:11

US banking giant JPMorgan is the latest high-profile organization to suffer a hack attack, which is now being investigated by the FBI. It is reported that in mid-August, Russian hackers... read more

GoCoin brings bitcoin to 1,000 businesses

28 Aug 14 @ 12:09

Digital currency processor GoCoin has announced a partnership with Apriva, a major payment processor, to enable bitcoin payments for more than 1,000 clients of Apriva. GoCoin is the first payment... read more

Visa Checkout e-commerce solution at nearly 4m US online retailers

28 Aug 14 @ 12:05

Visa has announced that its Visa Checkout e-commerce service is now available at nearly 4 million US online retailers. The Visa Checkout service incorporates a ‘Checkout’ button into retailer websites,... read more

Ingenico and First Data launch mPOS in India

28 Aug 14 @ 12:02

Ingenico Roam, part of Ingenico Mobile Solutions, has partnered with global payment processor First Data to launch an mPOS solution into the Indian market. Leveraging ROAM’s mobile solution and Ingenico’s... read more

CaixaBank to invest €500m in next-generation ATMs

27 Aug 14 @ 11:57

Spain’s CaixaBank has signed an agreement with ATM manufacturer Fujitsu to manufacture 8,500 new terminals featuring cutting-edge technology and to innovate jointly on a global scale. The new ATMs are... read more

BPC SmartVista selected for Ethiopian national payment system

27 Aug 14 @ 11:54

BPC Banking Technologies, a global provider of open system payment solutions, has been selected by Ethiopia’s EthSwitch to power its national switching operations in Ethiopia. BPC’s SmartVista solution was selected... read more

IBM and Monitise form global alliance

27 Aug 14 @ 11:52

IBM and global mobile banking solution provider Monitise have announced a global digital commerce and resourcing alliance. Aimed at leveraging both companies’ mobile banking, payments and commerce technology, this alliance... read more

Square overhauls Cash app for text-based P2P payments

27 Aug 14 @ 11:49

mPOS player Square has overhauled its Cash P2P payments app to enable users to send and receive funds via text. The latest version of Square Cash gives users the ability... 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