Showing Latest Daily News
14 Sep 16 @ 13:49
Visa will introduced a mobile money service to enable cashless transactions in Kenya, where the majority of wireless payments are transacted through Safaricoms M-Pesa. The mVisa app will initially facilitate... read more
13 Sep 16 @ 13:49
The US Court of Appeals overturned the landmark antitrust interchange settlement between retailers and Visa and Mastercard on June 30, 2016, reigniting more than 10 years of legal battles over... read more
13 Sep 16 @ 12:35
Following the launch of Android Pay, four new banks join the Android Pay family. From today, customers of Royal Bank of Scotland, NatWest, Ulster Bank and Santander are able to... read more
13 Sep 16 @ 09:11
As the one year anniversary of the US EMV migration shift to chip approaches new data has been released confirming the positive impact the technology is having on issuing banks... read more
13 Sep 16 @ 09:00
FIS announced that it has recieved accreditation by Discover, MasterCard and Visa and is working with other international and national payment brands to simplify the certification process for EMV payment... read more
12 Sep 16 @ 15:51
Industry experts have been sounding the death knell for passwords for some time. Speaking in 2004, Bill Gates claimed the password could not meet the challenge of keeping information secure,... read more
12 Sep 16 @ 13:15
First Annapolis has been closely monitoring the product offerings of the top issuers in several European markets in order to gauge issuers’ reactions to the interchange decreases that went into... read more
12 Sep 16 @ 12:55
In the past, hackers have most often gone after specific merchants when seeking cardholder information. Recent malware attacks on point-of-sale (POS) vendors, however, may signal a drastic shift in how... read more
09 Sep 16 @ 12:35
Wells Fargo has been taken to task by the US consumer finance watchdog’s largest ever fine after the regulator found staff racing to meet sales targets illicitly opened millions of... read more
09 Sep 16 @ 09:56
On the 25 June 2015, a new package of EU Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation came into effect with the adoption of the Fourth Money Laundering Directive... read more
09 Sep 16 @ 09:18
A £14 billion legal claim has been filed against Mastercard on behalf of UK consumers seeking damages for anti-competitive card fees. In 2014, the European Court of Justice ruled that... read more
08 Sep 16 @ 17:00
At last week’s CONNECT Mobile Innovation Summit in Chicago, Walmart Services SVP Daniel Eckert revealed that Walmart Pay, the retailer’s proprietary mobile payment app, already boasts 20 million active users... read more
23 Jun 26 @ 18:52
The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more
16 Jun 26 @ 18:17
Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more
11 Jun 26 @ 16:00
A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more