Daily News

20 Oct 14 @ 16:19

The Payments Security Task Force (PST) has announced a forecast of participating acquirers estimating that at least 47% of US POS terminals will be enabled for EMV chip technology by the end... read more

20 Oct 14 @ 13:17

Credit and debit cards have gained wide acceptance as the main mode of payment for US consumers for decades now. They have driven the economy to new heights as well... read more

20 Oct 14 @ 12:55

MasterCard and Zwipe announced their partnership for the launch of the world’s first biometric contactless payment card featuring an integrated fingerprint sensor. The launch of the card comes after a successful... read more

20 Oct 14 @ 12:07

The European Payments Council (EPC) is to set up a host of new bodies to manage the Single euro payments area (SEPA) scheme and are calling for independent candidates to... read more

20 Oct 14 @ 11:59

Chinese e-commerce firm Alibaba Group said on Thursday it has folded six different businesses into a single business unit and changed the name of its Alipay financial services affiliate to... read more

17 Oct 14 @ 09:00

The World Wide Web Consortium (W3C) says it will begin a new initiative to integrate payments seamlessly into the Open Web Platform and help tackle fraud. W3C calls upon all industry stakeholders... read more

16 Oct 14 @ 11:00

A recent GfK survey in China, Germany, South Korea, the UK and the US indicates that people in these countries see potential in using smartwatches to ‘carry’ tickets for passenger... read more

16 Oct 14 @ 10:52

Financial services association, BAI has released preliminary findings from a survey which suggests online and mobile platforms are the leading focus of technology investments for retail banks as they move... read more

16 Oct 14 @ 10:20

MasterCard and Visa has recently released the technical specifications for tokenization. Tokenization is the next generation security for mobile cloud based payments and other secure mobile services. “We started the... read more

15 Oct 14 @ 14:26

Italian payment processor SIA has launched a SEPA-compliant smartphone-based mobile money transfer service, enabling users to send and receive money in real time to and from their phone contacts. The... read more

15 Oct 14 @ 14:23

Indian bank Kotak Mahindra (KMB) has unveiled a mobile money transfer service enabling Facebook users to make funds transfers to each other. The KayPay application utilises India’s Immediate Payment Service... read more

15 Oct 14 @ 14:17

Japanese social media messaging network Line has entered the payments market with a service for both online and in-store transactions. Line, which has 560 million registered users worldwide, will enable... read more