Payments News

09 Jul 14 @ 15:31

Mt. Gox CEO Mark Karpeles is putting the domain name bitcoins.com up for sale and states that the proceeds will be used to reimburse users of the bankrupt currency exchange.... read more

08 Jul 14 @ 16:38

As if the Isis mobile wallet venture was not suffering enough problems due to sluggish customer uptake, it has now been forced to rebrand itself in order to avoid confusion... read more

08 Jul 14 @ 16:32

Global mobile money specialist Monitise has seen its share price plummet more than 15% today after the company issued a trading update stating that its revenue growth this year would... read more

08 Jul 14 @ 16:29

ATM manufacturers Diebold and Wincor Nixdorf have decided to put competitive differences aside in order to form an ATM security association. The two have come together as criminals renew their... read more

08 Jul 14 @ 09:03

A new report on alternative payment methods worldwide states that in North America, cards accounted for almost three quarters of B2C E-Commerce transactions, with digital wallets being the largest alternative... read more

07 Jul 14 @ 19:29

Visa and MasterCard have reached a compromise agreement with Russian officials that would allow the global card payment companies to continue operating in the country. “MasterCard and Visa will continue business in Russia,”... read more

02 Jul 14 @ 12:48

On July 7, Judge Nicholas Garaufis of the U.S. District Court for the Easter District of New York will begin hearing arguments in the case, which the Department of Justice... read more

02 Jul 14 @ 09:02

A new report from Juniper Research has found that the annual transaction value of online, mobile and contactless payments (digital payments) will reach $4.7 trillion by 2019, up from just over $2.5... read more

26 Jun 14 @ 16:47

New York’s financial sector is helping it outstrip Silicon Valley in terms of fintech start-up investment, according to a new report by Accenture and the Partnership Fund for New York... read more

24 Jun 14 @ 13:09

In a sensible move, Russia has moved to prevent MasterCard and Visa quitting Russia by pledging to reduce the size of the deposit required for them to operate in the... read more

24 Jun 14 @ 10:40

A report from Retail Banking Research (RBR) details how rising numbers of ATMs worldwide are having a direct impact on demand for cash. RBR found that the installed base of... read more

24 Jun 14 @ 10:27

TSYS CEO Phil Tomlinson has announced that he has decided to retire as chief executive officer, and that Troy Woods has been elected by the TSYS board of directors as president... read more