Payments News

Showing Latest Payments News

Payment investment – Start-ups – boom or bust?

02 May 14 @ 13:10

With record levels of investment from venture capital groups being ploughed into payment start-ups, is there a risk of another dotcom-style boom and bust? by Victoria Conroy The halcyon days... read more

PayPal reveals new brand image as mobile use surges

01 May 14 @ 12:59

PayPal has revealed its shiny new look and its first-ever global marketing push as parent eBay tries to wrest attention away from the growing number of rivals piling into the mobile payments... read more

ECB steps up SEPA for cards initiative

29 Apr 14 @ 13:06

Following the near completion of the migration of the first two payment instruments, credit transfers (CTs) and direct debits (DDs), to the Single Euro Payments Area (SEPA), the Eurosystem is... read more

Cost of cash to UK businesses more than £17.8 billion a year

29 Apr 14 @ 09:59

The average cost of cash handling for UK SMBs has reached more than £17.8 billion a year, or £3,638.57 per retailer, according to new research by payment service provider Sage... read more

Card Payments in Europe

24 Apr 14 @ 11:01

Card Payments in Europe – Cards and payments at the POS and on the internet continued to drive significant growth in many European countries. The roll-out of contactless cards has started... read more

First National Bank of Facebook

22 Apr 14 @ 17:10

Facebook is on the verge of winning approval from Ireland’s central bank to allow its users to store and exchange money. The company’s plans are not yet clear, but regulators are rightly... read more

The Amazon phone – made for mobile payments?

22 Apr 14 @ 12:21

Rumours concerning the launch of the Amazon phone continue to mount whilst many pundits are trying to figure out why the company is entering this competitive market. The answer might be mobile payments... read more

Bitcoin? UK consumers don’t trust it and don’t understand it

17 Apr 14 @ 12:22

Despite media hype around the future of Bitcoin and high-profile mobile payments providers such as Square and Stripe preparing to accept the virtual currency this year, new research from digital... read more

Visa says safer Chip&PIN card will make US debut

17 Apr 14 @ 12:06

Visa expects a safer Chip&PIN card will soon make its US debut, said Visa executive Bill Sheedy in his keynote address at ETA’s Transact 14 conference. He says the added... read more

MtGox chief refusing to travel to US for Bitcoin bankruptcy hearing

16 Apr 14 @ 09:19

The founder of MtGox has refused a US court’s demand that he testify this week about the collapse of what was the world’s biggest Bitcoin exchange. Mark Karpeles had been asked... read more

Icahn backs down from PayPal demand

14 Apr 14 @ 10:34

Carl Icahn has backed off from his demands for eBay to spin out its fast-growing PayPal payments unit on Thursday, after the billionaire investor failed to drum up support from... read more

Royal Canadian Mint axes digital currency MintChip

09 Apr 14 @ 09:36

Just three months after announcing its Bitcoin rival MintChip, The Royal Canadian Mint has shut its cloud-based digital currency and is looking to offload the business. The Mint unveiled plans... read more

Trending

Takeover talk swirls as PayPal’s valuation slumps

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more

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