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SumUp launches first proprietary Chip & PIN device in Europe

28 May 14 @ 12:46

Mobile point-of-sale (mPOS) company SumUp announced the launch of the first proprietary mobile Chip & PIN device of an mPOS provider in Europe. The device, called PIN+, is available in... read more

Finnish banks apply for real-time payments system

28 May 14 @ 12:31

Finland’s banking industry is hoping to establish a real-time payments system and has invited potential suppliers to make their pitches. The country’s current ‘urgent’ payment system, dubbed Pops, was built... read more

Austria Card acquires Turkey’s Provus Kart

28 May 14 @ 12:22

Austria Card (Lykos Group), an internationally leading card manufacturer, increased its share in the Turkish personalization specialist Provus Kart Hizmetleri A.Ş. to 100%. Former Provus thereby started to operate under... read more

Apple files another NFC patent

27 May 14 @ 12:59

Apple has filed another NFC related patent on May 22nd giving a clue that we can expect exclusive circuitry for NFC in the next iPhone. The patent states that different... read more

1 in 5 handsets to feature mobile wallet functionality by 2018

27 May 14 @ 12:48

Juniper Research says one in five mobile handsets will have mobile wallet functionality by 2018, against less than one in 10 at the end of last year, according to a... read more

Report uncovers cybercrime attack targets, victims, motivations and methods

27 May 14 @ 12:19

Trustwave has released the 2014 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2013. The report includes the type of information most... read more

Visa and MasterCard CEO’s ruminate on Russia

23 May 14 @ 13:07

Visa and MasterCard both presented at the JP Morgan Chase Technology Conference earlier in the week and addressed several of the big issues that each face. With Russia’s demand to collect... read more

Euro Retail Payments Board focus on mobile and innovative payments

22 May 14 @ 16:09

The newly established Euro Retail Payments Board (ERPB) is setting up two working groups to explore the role of mobile and ‘innovative’ payments methods, as Europe begins the transition to... read more

Q1 2014: US Credit Card Issuer performance snapshot

22 May 14 @ 15:06

For the first time since Q4 2008, near the height of the credit crisis, year-over-year receivables increased by more than 1% in Q1 2014. Purchase volume increased by 7.0% on... read more

PayPoint reveals plans for multi-channel future

22 May 14 @ 12:52

PayPoint has merged its internet payment service provider and mobile phone payment businesses, previously trading as PayPoint.net and PayByPhone. The new business, known as PayPoint Mobile and Online, combines PayPoint’s depth of expertise in... read more

eBay asks users change their passwords after cyber hack

21 May 14 @ 15:35

EBay has asked users to change their passwords following a cyber-attack that compromised one of its databases. The US firm said the database was hacked between late February and early... read more

2014 Mobile Banking Study findings

21 May 14 @ 09:19

First Annapolis Consulting recently completed its 2014 Mobile Banking Study, which highlights the growing importance of mobile banking among the top 100 US regulated depositories. Key findings include: Nearly all... 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