Payments News

15 Aug 14 @ 13:27

Payment processor Heartland Payment Systems has acquired Leaf, a US-based mPOS start-up. Financial terms of the deal were not disclosed. Heartland initially paid $20 million for a majority stake in... read more

15 Aug 14 @ 13:19

US supermarket chain Supervalu has become the latest large-scale merchant to suffer a breach of its network, compromising customer card data. In a statement, the company says it suffered a... read more

14 Aug 14 @ 14:48

Russia’s Central Bank is preparing to abandon its deadline for Visa and MasterCard to pay transaction security deposits because neither has yet selected a partner to process cards in Russia next year,... read more

14 Aug 14 @ 14:31

More than 575 million US EMV payment cards will be in issue by the end of next year, according to a statement issued jointly from Visa and MasterCard on Wednesday (13/08/2014). That... read more

07 Aug 14 @ 11:36

Rocket Internet, a German company that incubates technology startups, has announced that Philippine Long Distance Telephone Co. will buy a 10% stake in the company for €333 million ($446 million).... read more

06 Aug 14 @ 15:03

The Milestones Report released today by the Australian Payments Clearing Association, the payments industry self-regulatory body, shows that as with cheques, Australian consumers are increasingly giving up cash in favour... read more

06 Aug 14 @ 14:37

The government is to explore the role that digital currencies such as Bitcoin could play in the financial system and whether they need to be regulated. Chancellor George Osborne will... read more

01 Aug 14 @ 10:24

Bharti Airtel used Q1 numbers to highlight how its African subscribers have taken to mobile money with enthusiasm. “Telecoms are back to growth in Africa, this time spearheaded by internet... read more

31 Jul 14 @ 16:03

Around 72% of US consumers affected by fraud have also been victims of data breaches, according to data from the National Consumers League and US research company Javelin Strategy and... read more

31 Jul 14 @ 15:58

mPOS payment player Square has revealed plans to launch a EMV-compliant chip and signature version of its mPOS dongle as the US continues to implement EMV. Square has built a... read more

31 Jul 14 @ 15:56

A new European Union (EU) financial services tsar tasked with regulation and ensuring financial stability in the EU would be appointed in Brussels under new plans being considered by Jean-Claude... read more

30 Jul 14 @ 15:42

Europe’s mobile network operators (MNOs) could save millions of euros per year with better management of mobile payments compliance, according to  mobile monitoring experts Empello. In the UK, a market... read more