Payments News

30 Apr 13 @ 00:00

A group of Norwegian banks have discovered new opportunities in the card and payments industry. Driven by a large young generation and high online usage, tapping into the younger generation... read more

29 Apr 13 @ 00:00

The card networks are reporting progress among issuers and acquirers in the U.S. transition to EMV-chip cards, but some big retailers are still lashing out against the expectation that they... read more

26 Apr 13 @ 00:00

The undisputed number one player in the smart card industry, Gemalto, recently confirmed its status higher than expected first-quarter sales. This positive trend is noticeable in all of the company’s... read more

26 Apr 13 @ 00:00

Over 120 million transactions are lost each year in the UK through people leaving shops because they can’t pay by card, according to new research from Judo, the UK’s first... read more

11 Apr 13 @ 00:00

A number of players – particularly non-bank organizations – are actively marketing general-purpose prepaid cards to the unbanked and under-banked segments as a viable alternative to a checking account. According... read more

10 Apr 13 @ 00:00

Total ACH payment volume grew to over 21 billion transactions[1] in 2012, up 4.19 percent over 2011, according to new statistics released today by NACHA – The Electronic Payments Association.... read more

09 Apr 13 @ 00:00

Already investigating credit-card giant Visa, the European Commission launched Tuesday a fresh anti-trust probe into its rival MasterCard over payment of inter-bank fees. The Commission said it had concerns that... read more

08 Apr 13 @ 00:00

 A ban on "excessive" debit and credit card charges begins on Saturday 6 April. Consumers booking a range of items from cinema tickets to hotel rooms now have new protection from... read more

08 Apr 13 @ 00:00

While the financial crisis and conservative consumer spending has hindered growth across all card categories, the cards and payments industry in Spain is expected to recover by 2017, with prepaid... read more

21 Mar 13 @ 00:00

The Secure RemotePayment Council (SRPc) today announced that the ten debit network members of its Chip and PIN Workgroup have agreed to adopt a common U.S. debit application identifier (AID) and... read more

21 Mar 13 @ 00:00

To continue PayPal’s pain, following on from the news that MasterCard will levy a Digital Wallet fee, Visa Inc. CEO, Charlie Scharf suggested on Wednesday that the payment network may... read more

20 Mar 13 @ 00:00

The European banks that own Visa Europe may soon decide to sell the credit-card organization to US-based Visa Inc. (V) and set up a rival system in Europe, people familiar with the... read more