Payments News

Showing Latest Payments News

Technology main threat to European banks

23 Jun 14 @ 16:14

Consultancy Deloitte have released a new report in which they state that European retail banks need to radically overhaul their technology infrastructure if they are to face off the competitive... read more

Gemalto lose patent infringement case

20 Jun 14 @ 10:15

Gemalto has announced that the United States Court of Appeals for the Federal Circuit did not support Gemalto’s proposed claim construction for its patent infringement lawsuit over Android. Patents involved... read more

Bright outlook for national payment schemes, predicts global research

18 Jun 14 @ 09:30

National card and national payment schemes have reason to be optimistic about their future, in spite of increasing globalisation, according to comprehensive new research into the sector. National Payments Schemes:... read more

US embraces EMV in wake of Target breach

16 Jun 14 @ 16:24

Spurred by major data breaches at Target and other stores, the US banking and retail sectors are turning to more secure microchip-based EMV payment cards, causing US shipments of these... read more

Over £7 billion lost by UK SMEs from missed payment opportunities

16 Jun 14 @ 16:21

Only 42% of UK SMEs currently offer customers the option of paying by card, despite card spending more than doubling in the last decade, according to research from Barclaycard. SMEs... read more

Worldline plans €610 million IPO

16 Jun 14 @ 16:19

French payment processor Worldline is set to be spun off by its parent Atos in an initial public offering (IPO) valued at €610 million. Worldline will issue around €255 million... read more

Cartes Bancaire plans biometric payments

16 Jun 14 @ 16:16

The French domestic card scheme, Groupement des Cartes Bancaires (CB), is planning to introduce biometric payment based on fingerprints before the end of 2014. CB is working with the National... read more

RS2 signs top global payments processor

12 Jun 14 @ 13:32

RS2 Software, the company behind the comprehensive, high-performance and high-availability card management solution BankWORKS, has announced a major license and services agreement with a global payments processing company. The comprehensive... read more

One in five financial institutions makes a single investment of $10m+ in FinTech annually

12 Jun 14 @ 09:47

Major FinTech investments occur every six months in financial institutions, with 21% of them valued at $10m or more, according to research released today by CCgroup, a London-based B2B technology... read more

Tesco Bank takes on High Street banks with current account

10 Jun 14 @ 12:31

Tesco Bank has launched its delayed current account, tempting customers with 3% interest and extra Clubcard points. The supermarkets banking arm is firmly trying to position itself as a challenger... read more

Cash still comprises half of UK payments

06 Jun 14 @ 16:02

The UK Payments Council has published figures showing that 19.9 billion cash payments worth a total of £260 billion were made during 2013, comprising 52% of all payments. The Council’s... read more

mPOS player Square launches invoicing platform

06 Jun 14 @ 15:55

mPOS pioneer Square has unveiled an invoicing platform known as Square Invoices. Invoices are free to use for an unlimited number of invoices without a monthly fee, and for customers... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more