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MCX responds to Apple Pay exclusivity allegations

30 Oct 14 @ 12:07

After several days of questions as to why the pharmacies Rite Aid and CVS blocked Apple pay in their stores after initially accepting it, executives from the Merchant Consumer Exchange... read more

ECB identifies 4 key payment systems as systematically important

29 Oct 14 @ 12:03

The European Central Bank (ECB) has flexed its muscles in the payment systems oversight area for the first time through the exercise of new powers by identifying 4 payment systems that... read more

70% of banks increasing innovation spend

29 Oct 14 @ 11:01

Despite conflicting priorities and the economic downturn, banks around the world are still increasing their investments in innovation. These key findings are part of Innovation in Retail Banking 2014, the... read more

Fintech investment: Sell the story…And keep selling it

29 Oct 14 @ 10:36

Much has been made of the boom in Europe’s financial technology sector in 2014. And, as our analysis of the publicly disclosed deals and investors in the fintech sector shows... read more

V.me digital payment service continues to grow in Europe

28 Oct 14 @ 13:51

Visa Europe says that V.me is now in pilot with Member banks in Norway, Sweden, Italy and Germany, taking the number of markets live or in pilot across Europe to 9.... read more

MyBank SEPA Direct Debit core mandates go live

28 Oct 14 @ 12:04

MyBank went live with MyBank Mandates for SEPA Core Direct Debits today following the successful conclusion of the first Joining Window. Financial institutions and service providers are in the process... read more

Apple Pay activates 1 million credit cards in first 3 days

28 Oct 14 @ 09:16

Timothy Cook, Apple CEO, has revealed that 1 million credit cards were activated on Apple Pay in the first three days that the mobile wallet went live, the New York Times... read more

Intel preps secure credit card transactions technology

27 Oct 14 @ 17:02

Swiping credit cards or using payment systems like Apple Pay at stores could become much safer thanks to a new Intel system, which could also make it easier for retailers... read more

US pharmacies disable NFC access to inhibit Apple Pay

27 Oct 14 @ 12:44

If it was easy, everyone would do it…or Google Wallet would already be a roaring success. However, it isn’t, and Apple Pay is now discovering its entry into the payments... read more

PCI SSC warning: European online transactions under cyber attack

24 Oct 14 @ 15:51

European merchants need to pay more attention to securing electronic payments, warns the Payment Card Industry Security Standards Council (PCI SSC), in a stark warning over cyber attack. This was one of... read more

Global mobile payments trends in 2014

24 Oct 14 @ 15:45

The payments industry is approaching an inflection point with respect to whether the mobile wallet and mobile payments could become a viable every day payment tool. More and more consumers are... read more

President Obama to speed US EMV adoption

24 Oct 14 @ 15:38

In a bid to speed up US EMV adoption in the wake of recent payment card breaches at retailers, President Obama has signed an executive order directing government agencies to shift to... read more

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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

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

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