Payments News

13 Mar 14 @ 09:20

FICO released its quarterly UK cards data showing that average spend on “classic,” non-premium credit cards hit a 10-year high in December 2013. In addition, the proportion of classic UK credit... read more

12 Mar 14 @ 15:22

Visa and MasterCard have been in court to fight the EMV patent litigation they face from SmartMetric, Inc. SmartMetric is the owner of an issued United States Patent & Trademark Office patent... read more

11 Mar 14 @ 09:21

New fronts in the war on cash are being opened up worldwide through a range of innovative services and payments products. Is the dream of a cashless society far-fetched? While we... read more

07 Mar 14 @ 10:58

Biometric technology is a big talking point at the moment as there is growing consumer dissatisfaction with PINs, passwords and general security around mobile payments. The further down the digital... read more

06 Mar 14 @ 15:15

Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed. He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he... read more

05 Mar 14 @ 15:16

SWIFT has created a financial crime compliance services unit headed up by Luc Meurant. The expanding team is tasked with launching SWIFT’s Know Your Customer (KYC) Registry shared services platform, which... read more

03 Mar 14 @ 10:41

Safaricom’s push to take its mobile money transfer business global has received another boost with the signing of a deal that will see users of MoneyGram send cash directly to... read more

25 Feb 14 @ 17:11

Mt. Gox, once the world’s biggest bitcoin exchange, went dark on Tuesday, with its website down, its Tokyo office empty, and a cryptic comment from its chief executive that the... read more

25 Feb 14 @ 15:00

At Mobile World Congress, MasterCard and Syniverse joined forces to deliver enhanced mobile payment security for consumers traveling abroad. By tying their payment card settings to the geolocation of their... read more

25 Feb 14 @ 11:22

In a move which must surely put Apple on the back foot and after yesterday’s news Samsung has announced its new flagship smartphone, the Galaxy S5, includes biometric security as... read more

21 Feb 14 @ 15:09

Capital One says that it has joined clearXchange, providing a large number of new potential end users to the bank-led p2p payments initiative. Capital One will become an owner of... read more

20 Feb 14 @ 10:03

In an interesting turn of events, Visa and MasterCard have announced their support for Host Card Emulation, a cloud-based mechanism for hosting NFC applications outside the Secure Element that effectively... read more