Payments News

18 Sep 13 @ 10:49

Nearly 400 million mobile phone users worldwide are expected to use their handsets for mobile money transfer by 2018, up from just under 150 million this year, according to a... read more

17 Sep 13 @ 10:03

MasterCard today launched the Road to Inclusion, a report which shows preconceptions of the financially excluded are wide of the mark, based on a new financial inclusion study that is the... read more

16 Sep 13 @ 17:30

Global non-cash payments volumes are expected to top 333 billion transactions in 2012 after transactions grew by 8.8% in 2011, according to the latest available data from the World Payments... read more

16 Sep 13 @ 16:56

The NSA has been widely monitoring international banking and credit card transactions, a new report says referencing Edward Snowden’s leak. The agency targeted Visa customers and global financial service SWIFT... read more

11 Sep 13 @ 12:49

PayPal announced PayPal Beacon, a low-powered Bluetooth device that will allow consumers to automatically check-in at local stores. The company descibes it as a “complete hands free experience” that will... read more

11 Sep 13 @ 10:52

The Federal Reserve Banks today announced the publication of their “Payment System Improvement – Public Consultation Paper” and an opportunity to provide input on the information, ideas and concepts in the... read more

11 Sep 13 @ 10:40

Deutsche Bank has released its Retail Bank Strategy report entitled “The Future of Banking”. In the report, its states that the acceleration of change will lead to a big increase in bank... read more

06 Sep 13 @ 12:10

The trends for the second quarter of 2013 are consistent with the first quarter of the year.  The nation’s largest credit card issuers reported strong profits despite relatively stagnant quarter-over-quarter... read more

05 Sep 13 @ 12:18

FICO released its quarterly UK cards data showing that average credit card limits are at their highest point in over two years. Consumer spending has also increased, while delinquency rates are... read more

02 Sep 13 @ 17:25

The estimated size of the global core banking market is $8.6 billion in 2013. Celent predicts it will grow at a 4.0% rate over the next four years, reaching $10.1... read more

02 Sep 13 @ 16:55

Providers have been updating the ATM channel with new features and services including innovations in deposit making such as envelope-free deposits. This activity has resulted in an increase in deposit... read more

20 Aug 13 @ 18:38

Visa Europe announced the appointment of Nicolas Huss as its next President and CEO. Huss (48) will join Visa Europe from Apollo Group, where he is Chief Executive, Avant Spain... read more