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UK consumers ready to drop banks for mobile – Zapp

22 May 15 @ 16:47

UK mobile payment provider Zapp has released research which shows that 21 million UK consumers are ready to switch banks to access mobile payments, 33% of these within a year.... read more

Cash overtaken by ‘non-cash’ payments in 2014

21 May 15 @ 15:10

Figures published today show that the total number of cash payments made by consumers, businesses and financial organisations in the UK fell to 48% last year (from 52% in 2013).... read more

Payments bodies to standardise ISO 20022 real-time payments

21 May 15 @ 14:16

Global interoperability of real-time payments systems will require harmonisation of market practices and standards. A group of international clearing houses, banks, vendors, payments associations and other parties have proposed setting... read more

FIS Clear2Pay confirmed by VISA as CVES provider

21 May 15 @ 11:44

FIS says that its FIS’ Clear2Pay Open Test Solutions group has been confirmed by Visa for Chip Vendor Enabled Service (CVES) to help streamline and support the deployment of EMV enabled... read more

MasterCard launches personal payments service

20 May 15 @ 16:39

MasterCard has launched MasterCard Send, a service designed to make it seamless for businesses, governments and others to send money to consumers around the world. Live in the US, MasterCard... read more

BPCE pilots dynamic CVV code for online shopping

20 May 15 @ 16:36

France’s Banque Populaire and Caisse d’Epargne (BPCE) are piloting a payment card that replaces the three-figure CVV code on the rear of the card with a small screen display that... read more

E-commerce processor WePay raises $40 million

20 May 15 @ 16:33

E-commerce payment processor WePay has raised $40 million in a Series D funding round led by FTV Capital and including Japan’s Rakuten. WePay will use the funding to expand in... read more

iZettle launches contactless dongle

19 May 15 @ 13:53

mPOS specialist iZettle has launched a new hardware dongle that includes both chip and PIN and contactless payment functionality, along with support for Apple Pay. The Card Reader Pro Contactless... read more

WorldRemit launches in five new countries

19 May 15 @ 13:49

Online money transfer service WorldRemit has launched in five countries in South America and Eastern Europe. WorldRemit customers can now send money transfers direct to the bank accounts of their... read more

BancNet selects Gemalto to secure mobile banking

19 May 15 @ 13:45

Global digital security specialist Gemalto has been selected by BancNet of the Philippines to secure its mobile banking services. BancNet’s network consists of 116 local and international banks, serving over... read more

Ripple reaps $28 million funding round

19 May 15 @ 13:42

Digital currency specialist Ripple Labs has secured a $28 million Series A funding round. IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate... read more

MasterCard face EU Antitrust complaint over fees

18 May 15 @ 17:13

MasterCard is reportedly poised to receive an antitrust complaint from European Union watchdogs probing card-payment fees, according to three people with knowledge of the case. Regulators may send a statement... read more

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Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more