Payments News

06 Jan 14 @ 16:25

The National Retail Federation, the world’s largest retail trade association, has announced, in the ongoing Interchange Fee Settlement fiasco  “it has formally filed an appeal of a controversial antitrust lawsuit settlement covering credit... read more

23 Dec 13 @ 10:23

Only 13% of Americans believe bank systems are capable of preventing another banking scandal, according to a poll of over 2000 American consumers. 35% suggest that with some investment, they... read more

19 Dec 13 @ 19:02

Rumours of a massive potential data breach affecting Target customers has affected up to 40 million credit and debit card accounts, a spokesperson for the retailer said Thursday. The data breach... read more

18 Dec 13 @ 10:14

This communication piece illuminates the crucial role that the Electronic Payments Industry plays in driving healthy economic  growth and sustainability throughout, in this instance, the US, but globally as well.

18 Dec 13 @ 10:04

RBK Money, an online payments provider in Russia, has been granted the status of an Authorized Payment Institution by Financial Conduct Authority (FCA) in the UK for the provision of... read more

12 Dec 13 @ 11:25

In its strongest attempt to date to bolster intra-regional trade, East Africa’s biggest economies have launched an integrated real-time cross-border payments system designed to remove bottlenecks to business, Kenya’s central bank... read more

05 Dec 13 @ 17:12

Sainsbury’s Bank estimates that approximately £11.4 billion will be withdrawn from UK ATMs this December, equating to over £367 million per day. The supermarket bank says it expects the number of... read more

03 Dec 13 @ 12:04

In a nightmare scenario for the UK governments part owned bank, RBS customers are still reporting problems accessing  services this morning despite the bank claiming that it has fixed the... read more

02 Dec 13 @ 12:27

The European Union says it has received written assurances from the US government that NSA spies did not tap into financial messaging data transmitted over the interbank Swift network and... read more

22 Nov 13 @ 16:06

In an unsurprising piece of news, Google has decided to follow companies such as PayPal who have developed a physical extensions of their mobile payment solutions. The news that Google was likely... read more

21 Nov 13 @ 09:35

Rogers Communications, Canada’s largest provider of wireless voice and data services, has chosen Sequent’s open Wallet Management Platform to power its suretap wallet, the first mobile wallet from a carrier... read more

07 Nov 13 @ 15:53

Canada’s first open mobile wallet, “Ugo” has been introduced by PC Financial and TD. The companies plan to combine multiple payment and loyalty programs into a secure mobile solution. Canada’s largest... read more