Daily News

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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

TMG builds wearable payments app for Google Glass

16 Jul 14 @ 11:39

Payments processor, The Members Group (TMG) intrigued attendees of the TMG Executive Summit with a demonstration of its custom-built wearable payments app. In a presentation aptly named “The Future of... read more

Germany ramps up contactless deployment with BASE digital wallet launch

16 Jul 14 @ 09:39

Belgium’s BASE mobile subscribers in Germany can now make contactless payments using their smartphone at the supermarket, when filling up their car and in restaurants using the “BASE Wallet” digital... 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