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EU agrees caps on debit and credit card interchange fees

18 Dec 14 @ 11:33

Interchange fees to process debit and credit card transactions are to be capped under an EU law that attempts to wrap-up a protracted battle with payment groups such as Visa... read more

MBNA launch digital wallet with MasterPass

17 Dec 14 @ 14:59

MBNA has, in partnership with MasterCard, launched a trial of a digital wallet. Once the trial is complete in early 2015, the MBNA Wallet could be quickly rolled out to... read more

Global ATM market expected to hit $22 billion in 2020

17 Dec 14 @ 14:45

A new report by Allied Market Research predicts that the global ATM market will expand at a compound annual growth rate of 7.6% between 2014 and 2020, to a total of... read more

Cyber crime to drastically increase this Christmas

17 Dec 14 @ 14:19

Christmas 2014 looks set to have a large increase in cyber crime with the UK shopper set to spend a record £374.3 million over the festive period with one in... read more

Samsung to launch Apple Pay rival

17 Dec 14 @ 08:47

Samsung is said to be discussing a deal with a payments start-up that would help the smartphone maker introduce a mobile payments system in 2015 to rival Apple Pay, multiple sources report.... read more

Microsoft to accept bitcoin payments

16 Dec 14 @ 11:21

In a blog post on December 11 from Microsoft, the software giant quietly announced that its customers can now use bitcoin to purchase certain products through third party payment processor BitPay,... read more

Barclaycard deploys contactless gloves

16 Dec 14 @ 11:13

Barclaycard is to trial gloves that allow people to pay for their shopping via contactless, following demand for a wearable payment item that makes paying quicker and easier when laden... read more

Charge Anywhere admits security breach

15 Dec 14 @ 12:15

It has been revealed that for the last five years, hackers have been using a banking malware to siphon unencrypted credit/debit card information from the computer networks of Charge Anywhere, an... read more

US banks partners Payfone for mobile authentication

15 Dec 14 @ 10:43

Payfone a mobile authentication startup,  is working with US financial institutions to introduce technology that utilises the same security standards applied by wireless operators to identify their customers as they... read more

Lloyds mobile cheque deposit tech

15 Dec 14 @ 10:32

Lloyds Bank is to roll-out mobile cheque deposit technology with a select group of commercial customers. The pilot trial will enable customers to take a photo of the cheque using their mobile... read more

Mobile commerce booming in China

15 Dec 14 @ 10:27

Online shopping via mobile phones has become the main way Chinese people spend their money, with a large number of those living in rural areas jumping on the mobile commerce bandwagon,... read more

Hackers will target Apple Pay and ATMs in 2015

12 Dec 14 @ 11:05

Apple Pay and ATMs are included on Woburn, Mass.-based data-security services provider Kaspersky Lab Inc.’s newly released list of nine security predictions for 2015. The top targets will be banks, which... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more