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Westpac trials HCE digital wallet technology

22 Jul 14 @ 15:22

Westpac is trialling Host Card Emulation  mobile payments (HCE digital wallet), the first bank in New Zealand to actively do so and one of only a handful of banks globally... read more

Global Mobile Payments Index Q2 2014: UK Ahead of Rest of World

22 Jul 14 @ 15:09

Adyen announced findings from its latest global Mobile Payments Index covering the period of April through June 2014.  During this period, on average mobile web payments accounted for almost 22%... read more

Visa Europe to use biometrics for payment authentication

22 Jul 14 @ 14:06

In a recent blog post, Jonathan Vaux, director of new payment propositions at Visa Europe  attributes the increase in the popularity of card-on-file payment to the growing use of biometrics for payment authentication. Vaux... read more

Facebook gets busy in payments

21 Jul 14 @ 16:05

Social network giant Facebook is testing a “buy” button which would enable users to purchase products featured on advertisements or page posts on the social network. Users can pay with... read more

UK banks face competition probe

21 Jul 14 @ 16:01

The UK Competition and Markets Authority (CMA) is planning to launch an investigation into the UK retail banking sector in a move which could see high-street giants being broken up.... read more

Venture capital funding for payments on the wane

21 Jul 14 @ 15:57

Despite a slew of funding rounds for payment industry start-ups over the last few years, venture capital providers are backing away, according to data from CrunchBase. The research firm found... read more

ACI Worldwide acquires anti-fraud specialist ReD

21 Jul 14 @ 15:52

Global payment solution vendor ACI Worldwide is to acquire UK-based payment fraud prevention outfit Retail Decisions (ReD) for $205 million in cash. ReD’s suite of products includes solutions for merchants... read more

Could this be Apple’s biggest innovation since the iPhone?

17 Jul 14 @ 13:25

This spring, Apple CEO Tim Cook offered a vision of the company’s future – to anyone reading between the lines. “We have almost 800 million iTunes accounts and the majority... read more

Visa confirms eight new markets for digital wallet V.me

17 Jul 14 @ 10:50

Visa Europe confirmed that its digital wallet service, V.me by Visa, will expand to Germany, Ireland, Norway, Sweden and Italy by the end of the year. Pilots will also launch... read more

Can banks gain scale with Cloud Issuance & Host Card Emulation?

17 Jul 14 @ 09:22

Thus far, bank rollouts of mobile payment and wallet services have been hindered by multiple factors from the dependency on the secure element owner, the inability to deploy wallet services... read more

Apple launches iTunes mobile payments in Japan

16 Jul 14 @ 15:30

In a small step towards Apple’s payments ambitions, and one giant leap for the Apple rumour mill, the high-tech firm has launched an iTunes-backed payments system — in Japan. The company has... read more

TSYS teams up with Threatmetrix to tackle fraud prevention

16 Jul 14 @ 15:18

TSYS’s ProPay is partnering with ThreatMetrix to provide an advanced fraud prevention system that accurately differentiates real customers from cyber-criminals. The companies are collaborating on TSYS Guardian CyberShield, a cloud-based,... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more