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UK cardholders spend £26 billion abroad

18 Jun 15 @ 15:44

Last year UK holidaymakers spent £26.4 billion using their cards overseas, making almost 14 transactions every second, according to figures from the UK Cards Association. For the first time annual... read more

ICA Banken goes contactless with Oberthur

18 Jun 15 @ 15:40

Oberthur Technologies, a global digital security solutions specialist, and Sweden’s ICA Banken have announced the launch of the first dual interface contactless payment cards in Sweden. ICA Banken and Oberthur... read more

Small World FS partners with Bharti Airtel in Africa

18 Jun 15 @ 15:37

Small World FS, a European fintech payment services provider, has announced a partnership with Bharti Airtel, the Indian multinational telco services company. Small World FS customers will now be able... read more

Domestic Card Schemes in Europe – A Status

17 Jun 15 @ 16:48

The landscape of domestic card schemes in Europe has changed dramatically following the implementation of the European Economic Area, the Payment Services Directive and the SEPA Cards Framework. The domestic card... read more

RBS loses 60,000 payments

17 Jun 15 @ 16:30

About 600,000 payments that failed to enter the accounts of RBS customers overnight may not be completed until the end of the week, the bank has said. Payments of wages,... read more

Blackstone and Carlyle prep $10bn NCR offer

17 Jun 15 @ 16:20

Blackstone and Carlyle Group have reportedly teamed up to make a $10 billion bid for cash machine vendor NCR, according to Reuters. Citing sources, Reuters says that Blackstone and Carlyle... read more

MasterCard extends tokenization support for Apps and e-commerce

17 Jun 15 @ 16:07

MasterCard says it will offer tokenization services to merchants with apps, e-commerce, and recurring billing card-on-file programs, further protecting consumers and increasing convenience when storing cards in merchant databases. By expanding... read more

Mobile biometrics market to reach $35 billion

17 Jun 15 @ 10:56

According to a research conducted by Acuity Market Intelligence annual revenues from mobile biometrics embedded in smart mobile devices will spike from $1.6 billion in 2014 to $34.6 billion in... read more

Top 8 future cyber security threats to the financial services sector

16 Jun 15 @ 17:14

Financial services providers must better prepare for the threat that new technologies pose to their cyber security strategies or risk damaging customer and investor confidence. Cyber-crime within the financial services... read more

Most dangerous countries for e-commerce fraud

16 Jun 15 @ 11:05

It’s all too common for online retailers to avoid encouraging international business out of fear that the pros of a wider market, higher visibility and more sales will be offset... read more

Nets acquires Nordea Merchant Acquiring

16 Jun 15 @ 09:11

Nordea has signed an agreement to divest its merchant acquiring business Nordea Merchant Acquiring (NMA) to Nets Holding (Nets). The sale of the NMA business and the establishment of a partnership... read more

ClearXchange introduces real-time payments in US

15 Jun 15 @ 16:14

ClearXchange, the US bank-owned digital payments network, is rolling out a system that enables real-time bank-to-bank transfers. ClearXchange acts as a clearing house for person-to-person online payments transfer, enabling customers to send... read more

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Wero expands into Austria as Europe’s payments ambitions gather momentum

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

UK fraud losses reach four-year high

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

Visa and Mastercard move to end two-decade swipe fee battle

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