Daily News

26 Nov 14 @ 12:16

Discover Financial Services is suing Visa Inc , alleging the largest cards company has been using anti-competitive practices in its debit card business, and sought compensation for lost profit, court documents showed. Discover,... read more

26 Nov 14 @ 09:23

Bitcoin has a long road ahead before merchants widely accept the currency, but bitcoin acceptance is expanding and accelerating. Silk Road, the illicit online black market, was an infamous early... read more

25 Nov 14 @ 15:24

By the end of 2015 eBay and PayPal will become independent, publicly-traded entities. A combination of shareholder pressure and competitive innovation is believed to be the source of eBay’s September... read more

25 Nov 14 @ 14:52

Paym is set to roll out its mobile payments service for Business Internet Banking subscribers of HSBC. Until now HSBC’s Paym service, which launched in the UK in April this... read more

25 Nov 14 @ 12:57

The European Payments Council (EPC), representing the European banking industry in relation to payments, has published updated versions of the SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) Rulebooks. The... read more

25 Nov 14 @ 12:50

Virtual currencies are likely to be a major disruptive force within five years, according to a new study published by Technology Strategies International. The report titled, The Future of Virtual... read more

25 Nov 14 @ 12:38

More than half of UK consumers (54%) now say they often or always use digital wallets to pay for goods online. This is according to a survey of 2,000 UK... read more

24 Nov 14 @ 12:18

Visa Inc. the world’s largest credit and debit card company, believes it might have to pay more than $10 billion to buy its London-based European licensee, Visa Europe Ltd, if its owners... read more

21 Nov 14 @ 12:35

Retailers in the US are seeing an uplift in NFC payment transactions in the three weeks following the launch of Apple Pay, according to The New York Times. Grocery chain Whole... read more

21 Nov 14 @ 12:26

Access to data and the ability to effectively manage data analytics will decide which financial institutions prosper and which will be supplanted during this wave of transformation – this was... read more

21 Nov 14 @ 12:08

RewardsPay has opened its payments platform to Coinbase enabling online shoppers to use bitcoin for purchases at iTunes and Facebook. RewardsPay’s service lets people use the cash rewards they get... read more

20 Nov 14 @ 10:00

An industry that was non existent a mere 12 months ago is flourishing and profitable, according to Bitcoin ATM pioneers, Lamassu. Internal Lamassu surveys show that standard cash-to-Bitcoin ATM locations... read more