Payments News

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Croatia’s EU Accession is set to improve their Card and Payments Industry

27 Jun 13 @ 00:00

Croatia’s accession to the EU will stabilise and help investment in the country’s economy. It will create a healthy climate for the cards and payments industry. Croatia will join the... read more

African banking expansion shows no signs of abating

27 Jun 13 @ 00:00

Retail banks in Sub-Saharan Africa have expanded their activities on the continents as never before over the past six years, with the crisis barely slowing them down. Whilst this mass... read more

Europeans say No to cash this summer

21 Jun 13 @ 00:00

New research from MasterCard shows that Europeans want to enjoy cashfree holidays. The survey shows how people across Europe prefer having their cards on hand on holiday, more than the... read more

EMV will accelerate adoption of mobile technologies

19 Jun 13 @ 00:00

ACI Worldwide has released the results of a new survey of banks, retailers and payment processors that sheds new light on industry trends related to EMV, mobile payments and banking,... read more

Visa Sues Wal-Mart to end retailer’s swipe fee claims

17 Jun 13 @ 00:00

Visa Inc. sued Wal-Mart Stores Inc. in a bid to stop the world’s largest retailer from bringing price-fixing claims over merchant swipe fees. Wal-Mart is among more than 7,000 retailers that dropped out... read more

Payments Council posts blueprint for UK’s payments infrastructure

17 Jun 13 @ 00:00

The publication of the first ever Payments Roadmap – An Initial Report today (17 June 2013), spells out the Payments Council’s revolutionary approach towards assessing the options for building on the world... read more

Google Wallet – nightmare continues

12 Jun 13 @ 00:00

Google Wallet has become a large money pit. The company has dedicated hundreds of developers to Wallet and spent about $300 million to acquire digital payment startups to help develop the app.... read more

Apple granted a key iWallet patent for Mobile Pay service

12 Jun 13 @ 00:00

On June 11, 2013, the US Patent and Trademark Office officially published a series of 37 newly granted patents for Apple Inc. In this report we cover a key iWallet... read more

China blocks MasterCard processing Renminbi transactions

11 Jun 13 @ 00:00

China’s central bank has ordered online payment platform EPayLinks to stop issuing renminbi-settled credit cards in partnership with MasterCard. “No payment institution is allowed to cooperate with foreign card companies... read more

New payment systems for all – or only for some?

06 Jun 13 @ 00:00

New payment services such as cards, internet and mobile payments may leave many people behind, while also making it more difficult for them to pay in traditional ways such as... read more

Cash usage continues to grow

06 Jun 13 @ 00:00

Despite the hype surrounding mobile payments, the consumer love affair with notes and coins will continue unabated for at least another decade, with cash usage remaining on an upward curve... read more

Digital Payment Advisors will transform the payment landscape

31 May 13 @ 00:00

The development of digital payment advisor (DPA) applications residing on customer smartphones and mobile devices has the potential to fundamentally change the way many customers approach their choice of payment... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more