17 Aug 17 @ 16:46
Mobile contactless transactions topped £370 million in the first six months of 2017, a 336% year on year rise in spending, according to the latest transaction data from payments processor... read more
17 Aug 17 @ 15:02
Barclaycard is rumoured to begin a pilot that enables merchants in the UK to accept Alipay transactions at POS in-store. The pilot will commence on 14 August 2017 in eight retail stores across... read more
17 Aug 17 @ 14:51
Mobile wallet launches by issuers, “The Pays” (Apple Pay, Android Pay, Samsung Pay), telcos and retailers have become increasingly commonplace – if not fashionable – in recent years. But most... read more
16 Aug 17 @ 11:24
With a new found direction, not seen since its merger with Visa Europe began, Visa is on the charge, becoming the first overseas card payment company to apply for a... read more
16 Aug 17 @ 11:11
The ongoing power struggle between security and usability represents one of most pertinent challenges in mobile wallet today. While it is possible to build a nearly fraud-proof payment mechanism, it... read more
15 Aug 17 @ 13:42
China’s central bank and regulator has mandated online and mobile payment groups to operate through a centralised clearing house, a move likely to undercut the dominance of Ant Financial and... read more
15 Aug 17 @ 13:31
Digital transaction volumes in India hit a new record in July growing almost 2% from the previous month to 859.2 million, according to data released by the Reserve Bank of... read more
15 Aug 17 @ 13:12
With the underlying infrastructure for mobile commerce – payment tokenization, smartphones and contactless point-of-sale (POS) terminals, for example – taking hold, the industry must begin to shift its focus to... read more
11 Aug 17 @ 13:54
The number of cash payments decreased by 11% between 2015 and 2016, but it still remains the most frequently used payment method in the UK, according to new data published... read more
11 Aug 17 @ 11:59
For many years payments processing has been considered the ugly sister of the payments industry that quietly ticks over in the depths of back offices. In the last 18 months... read more
11 Aug 17 @ 11:20
The Payment Systems Regulator (PSR) has imposed a public censure on Cheque & Credit Clearing Company Ltd (C&CCC) following its failure to comply with the PSR’s General Directions. As part... read more
07 Aug 17 @ 15:03
Digital start-up bank Tandem has agreed to buy Harrods Bank, four months after seeing a £35 million funding deal collapse. Tandem, which says it is building a mobile-only bank, announced on Monday... read more
07 Aug 17 @ 13:36
Visa says it will support of the new global QR Code Payment Specifications from EMVCo, the global technical body that manages the EMV Specifications. The specifications cover consumer-presented and merchant-presented QR... read more
07 Aug 17 @ 10:42
Atlanta-based law firm Webb, Klase & Lemond, LLC has filed two class action lawsuits against payment processing giants EVO Payments International and EVO Merchant Services (collectively, “EVO”) alleging they maintain... read more
04 Aug 17 @ 10:59
58% of US smartphone users have downloaded a mobile banking app for their primary checking account, and 50% of US smartphone users (including 68% of those under 35 and 31%... read more
04 Aug 17 @ 10:29
ICC Solutions has released its Visa HCE test suite, hosted on the industry leading ICCSimCTC card test tool platform, which has been fully tested and validated by Visa. This test... read more
03 Aug 17 @ 15:03
Skype has added PayPal integration to its Android and iOS apps. The new ‘Send Money’ feature, which has launched in 22 countries including the UK, brings the ability to send and receive... read more
03 Aug 17 @ 14:15
At a typical 1% level of rebates (akin to cash back for consumer and business cards) on commercial card spend for corporate travel and purchasing, including virtual card spend, we... read more
12 May 26 @ 15:44
Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more
05 May 26 @ 16:52
Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more
06 May 26 @ 16:43
Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more