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EU agree caps on debit and credit card interchange fees

22 Jan 15 @ 14:16

Following the release of the final compromise text for the proposed Regulation on interchange fees for card-based payment transactions (the MIF Regulation) on 19 January 2015, European countries have finally... read more

11% of Android banking apps are “suspicious”

22 Jan 15 @ 13:21

RiskIQ, the company that enables organizations to maintain the integrity of their brands on websites and mobile app stores, has announced research findings on the prevalence of suspicious mobile banking apps.... read more

Monitise for sale as revenues freefall

22 Jan 15 @ 12:07

In an unsurprising move, Monitise, the UK mobile payments company, has issued its third revenue warning in a year and appointed advisers to consider a sale of the business, as it... read more

W3C joins battle for payments standard

22 Jan 15 @ 09:00

In October 2014, W3C, the World Wide Web standards organization, announced plans to develop a world-wide payments standard for internet payments. The initiative is an interesting project to monitor since... read more

Amazon withdraws mobile wallet app

21 Jan 15 @ 15:23

Amazon has quietly announced that it is withdrawing from the mobile payments scene and has removed its mobile wallet from the various app stores after just six months. The limited... read more

Supreme Court rejects debit card interchange challenge

21 Jan 15 @ 10:00

The Supreme Court handed US banks a victory as it declined to consider a challenge by a group of retailers to Federal Reserve regulations setting fees for processing debit-card transactions,... read more

UK banking body moves to regulate bitcoin

21 Jan 15 @ 09:50

During 2014 we saw several occasions of significant political figures from the UK having a bitcoin friendly stance – is this all set to change in 2015. UK Shadow Minister Chi Onwurah and Chancellor of... read more

Retail Crime Survey – Fraud and Cyber attacks on the rise

21 Jan 15 @ 09:38

The impact of theft on UK retailers has reached its highest level in a decade according to this year’s BRC Retail Crime Survey. The average value of each theft in-store... read more

EMV banking cards extend reach of Vodacom m-pesa mobile wallet

21 Jan 15 @ 09:11

The deployment of prepaid EMV banking cards to complement Vodacom’s m-pesa mobile wallet service in South Africa will significantly extend the reach of the South African operator’s services. The card... read more

Diners Club International expands acceptance throughout Europe

21 Jan 15 @ 09:00

Diners Club International, a business unit of Discover Financial Services and part of the Discover Global Network, and The Logic Group, announced a signed agreement that will grow Discover and... read more

Generation Z ready for biometric security

20 Jan 15 @ 14:16

16 to 24 year old consumers in the UK have the greatest appetite for biometric security measures and the greatest need to use them in place of traditional authentication such... read more

Starbucks drops Square and deepens app strategy

19 Jan 15 @ 10:08

Starbucks has launched its mobile payment app in Germany and France to enable its customers to make payments using a mobile version of their Starbucks card. The app is the... 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