Showing Latest Daily News
08 Dec 14 @ 16:26
The UK’s Faster Payments scheme, now in its sixth year since Faster Payments were launched as a near real time, world-class payment clearing system. The service has been a great success; annualised growth... read more
08 Dec 14 @ 09:56
A new report from InfoScout suggests Apple Pay is yet to gain widespread adoption among iPhone 6 owners due to poor consumer awareness of which stores accept the NFC payments... read more
08 Dec 14 @ 09:49
This week, the Merchant Financial Cyber Partnership announced plans to strengthen the security of the payments system and align on cyber security. In a press release, the group announced the... read more
04 Dec 14 @ 11:54
A total of $296 million was spent globally across the bitcoin network on Cyber weekend, according to insight provided by Bitnet. Bitcoin registered as the 9th biggest payment network worldwide... read more
04 Dec 14 @ 11:07
In a new report, Celent summarizes payment statistics and noncash transactions it tracks from over 120 countries, by both payment type and region. Celent estimates that there were 345.7 billion... read more
04 Dec 14 @ 09:14
E-commerce Christmas spend in the UK is set to hit a record £74.3 billion, with almost one in four pounds expected to be spent online, according to research commissioned by digital offer marketplace... read more
03 Dec 14 @ 15:32
US retailer Target has failed to overturn the lawsuit brought against them by financial institutions over losses associated with last year’s data breach after a US judge has given the go-ahead to... read more
03 Dec 14 @ 15:17
More than three-quarters of online merchants (79%) believe the growing proliferation of markets, purchasing channels and payment methods pose a significant challenge for effectively dealing with fraud, according to the... read more
03 Dec 14 @ 14:50
In September, One Touch mobile payments was announced with PayPal in the US, the industry’s first and only single touch payment experience across Android and iOS. Today, in an effort to... read more
03 Dec 14 @ 14:39
Online payments start-up Stripe on Monday closed a $70m fundraising round that has seen the company’s valuation double in less than a year to $3.5bn, as investors see promise in... read more
03 Dec 14 @ 10:02
The GSMA has predicted that global smartphones will hit 1.75 billion units by the end of 2014. Mobility has become the hub of computing and connectivity. As smartphone adoption rates grow year... read more
02 Dec 14 @ 15:47
Cyber weekend, the culmination of Black Friday and Black Monday combined is over for another year and IBM’s James Lovell, European Retail Solution Leader discusses some of the key findings to come... read more
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
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
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