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Swift and Fiserv win $1 billion Australian payment system overhaul

02 Dec 14 @ 11:24

Australia’s new payment system will be delayed by a year after five institutions stepped back from funding the $1 billion project. It was announced on Tuesday that the Reserve Bank of Australia-backed real... read more

Global banks investment in payment technology as top priority

02 Dec 14 @ 10:10

It has been revealed that payment technology is set to be a key area of focus for banks across the globe in 2015 – according to the Ovum ICT Enterprise Insights* program, based... read more

Smartphones key to biometric e-commerce

01 Dec 14 @ 17:00

MasterCard is seeking to partner with Visa to use biometric information to replace passwords for online payments. Existing password-based online security authentication is known as 3D Secure, which the two... read more

Retailers concerned about 3 party scheme interchange fee loophole

01 Dec 14 @ 16:18

Proving that politicians should stay out of industries they do not understand and further backing up the law of unintended consequences, Europe’s politicians are currently considering final changes in the proposed Interchange Fee... read more

Compass Plus partner with security solution expert Futurex

01 Dec 14 @ 16:00

Compass Plus, the retail banking and electronic payments software providers, has announced that its open development payment platform, TranzAxis, has now been fully certified to support Futurex’s Excrypt SSP9000 hardware security... read more

Norway rollout NFC payment service Valyou

01 Dec 14 @ 12:29

Norway is set to roll-out Valyou, its first mobile NFC payment service, which is a collaboration between the country’s leading mobile operator and two of its largest financial institutions, recognising... read more

Snapcash service signals growing trend

28 Nov 14 @ 15:20

Snapchat’s introduction of its Snapcash person-to-person payment service in collaboration with Square is indicative of companies’ growing leverage of social media accounts as payment tools. Snapchat’s flagship product is an... read more

Barclaycard completes acquisition of The Logic Group

28 Nov 14 @ 11:44

Further to the announcement on 8 September 2014 regarding the conditional acquisition of The Logic Group by Barclaycard (the Acquisition), Barclays Bank has announced that following receipt of competition authority clearance... read more

Skrill to acquire Ukash

27 Nov 14 @ 15:34

Skrill Group has announced that it has signed an agreement to acquire Ukash[ii].  On completion, this acquisition will add scale and reach to Skrill Group’s rapidly growing paysafecard, one of Europe’s... read more

A billion pound cyber bonanza

27 Nov 14 @ 15:27

This weekend, online spending in the UK is set to approach £1.5 billion[1] as consumers hit the shops to do their Christmas shopping, taking full advantage of the upcoming sales.... read more

Global ATM fraud survey

27 Nov 14 @ 10:30

ATMIA has  published its 2014 global ATM fraud survey. Respondents from 42 countries, across all major regions, took part in the survey, up from a geographical spread in the 2013... read more

GlobalCollect and UnionPay announce worldwide acquiring partnership

27 Nov 14 @ 09:41

GlobalCollect, an Ingenico Group company, and UnionPay International, a subsidiary of the global payment network China UnionPay,have unveiled a worldwide partnership that sees GlobalCollect become a worldwide acquirer for the... 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