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59% of EU merchants will not pass on savings from cap on interchange fees

24 Jun 14 @ 11:57

A new survey shows that the majority of high value retailers in Europe believe that draft EU rules to cap interchange fees for electronic payments should only go ahead if... read more

Consumers losing confidence in the battle against fraud

24 Jun 14 @ 10:49

Fraud events make consumers afraid, and FIs see costly customer attrition as a result. With 1,367 confirmed data breaches in 2013, organized fraud rings innovating constantly, and consumers losing confidence... read more

ATM – The rise of ATMs

24 Jun 14 @ 10:40

A report from Retail Banking Research (RBR) details how rising numbers of ATMs worldwide are having a direct impact on demand for cash. RBR found that the installed base of... read more

TSYS CEO Phil Tomlinson retires

24 Jun 14 @ 10:27

TSYS CEO Phil Tomlinson has announced that he has decided to retire as chief executive officer, and that Troy Woods has been elected by the TSYS board of directors as president... read more

Technology main threat to European banks

23 Jun 14 @ 16:14

Consultancy Deloitte have released a new report in which they state that European retail banks need to radically overhaul their technology infrastructure if they are to face off the competitive... read more

MasterCard enable card payments in Vietnam

23 Jun 14 @ 10:40

MasterCard and Sacombank have announced a partnership to equip small merchants at the iconic Ben Thanh market in Vietnam with mobile Point of Sale (mPOS) terminals, enabling consumers to make card payments for... read more

HCE will support NFC roll-out for MNOs

23 Jun 14 @ 09:55

Following the recent publication of the Consult Hyperion/GSMA discussion paper ‘HCE and SIM Secure Element: It’s Not Black and White’, SIMalliance has highlighted that future growth of the NFC ecosystem... read more

AT&T selects CorFire mobile commerce platform for NFC services

20 Jun 14 @ 10:44

AT&T has announced its selection of CorFire, the mobile commerce business of SK C&C USA, to provide SP TSM and supporting mobile applications for AT&T’s NFC services to be marketed... read more

Gemalto lose patent infringement case

20 Jun 14 @ 10:15

Gemalto has announced that the United States Court of Appeals for the Federal Circuit did not support Gemalto’s proposed claim construction for its patent infringement lawsuit over Android. Patents involved... read more

Mobile payments represent 1 in 4 global transactions

19 Jun 14 @ 15:06

Overall, smartphones (10.9%) and tablets (9.3%) together accounted for more than 1 in 5 payment transactions globally in March, although that was up only marginally from December 2013 (19.5%). Retail remains... read more

LevelUp adds BLE to payment terminals

19 Jun 14 @ 14:24

Mobile payments provider LevelUp is to integrate its merchants with the ability to push offers to shoppers via Bluetooth Low Energy (BLE) beacons built into the next version of its POS... read more

Latin American bank BCI goes live with Open Payment Framework

19 Jun 14 @ 13:50

Banco de Crédito e Inversiones’ (BCI) payment hub has gone live based on Clear2Pay’s Open Payment Framework. The first phase, which focuses on domestic payments, has successfully delivered a unified... 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