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Competition drives growth in European cards market

11 Feb 14 @ 16:24

Competition among banks to gain new customers, and campaigns to replace low-value cash transactions with card payments, have driven significant levels of card issuance and rising card usage in the... read more

US banks re-issue 17.2 million cards data breaches

10 Feb 14 @ 10:15

US banks have been forced to pay out over $172 million in re-issued plastic cards, according to figures from the Consumer Bankers’ Association following the well publicised data breaches of... read more

Mobile Banking the big winner in SA mobility study

10 Feb 14 @ 09:40

Increased consumer interest in mobile banking – particularly when facilitated by mobile technology – was one of the key findings of The Mobility 2014 research study, conducted by Arthur Goldstuck’s... read more

Weve and MasterCard to provide contactless mobile payments

06 Feb 14 @ 16:48

Weve, the joint venture between the UK’s three largest mobile operators, is partnering with MasterCard, to accelerate the development of the UK’s most comprehensive contactless mobile payments system. The partnership... read more

Retail Crime Survey – e-commerce retailers fight online fraud

05 Feb 14 @ 16:22

Online retailers should offer e-money as a payment option in order to stay safe from fraudsters, as the latest figures on retail crime suggest an increase in online fraud. The research... read more

Federal Reserve pushes faster payments

05 Feb 14 @ 11:34

The US Federal Reserve has announced it will continue with plans to further the introduction of faster payments for US retail payments as part of a wide systematic effort to modernise the... read more

Mobile point of sale shipments surge by 50% in 2013

05 Feb 14 @ 10:54

Merchants’ desire to conduct customer transactions on tablets and smartphones spurred a more than 50% boom in shipments of mobile point of sale (mPOS) hardware in 2013. But does the... read more

CIBC and TELUS launch contactless mobile payments

04 Feb 14 @ 16:46

CIBC and TELUS announced the launch of the CIBC contactless mobile payment app to TELUS mobile devices with Near-Field Communications (NFC) capability, allowing more Canadians to have access to mobile... read more

European Parliament extends SEPA migration deadline

04 Feb 14 @ 16:20

In an unsurprising piece of news, the European Parliament has extended the SEPA migration deadline, set for 1st February 2014, for processing SEPA-compliant payment transfers by six months, to August... read more

ECB back new security of internet payments

04 Feb 14 @ 15:50

On 30 January 2014 the Governing Council of the European Central Bank (ECB) endorsed the Assessment guide for the security of internet payments, prepared by the European Forum on the... read more

Brazilian acquiring market

04 Feb 14 @ 12:41

With over R$690 billion (approximately US$300 billion) in card sales volume in 2012, the Brazilian market is the largest acquiring market in Latin America, and Brazil’s card volume grew at... read more

US EMV in 2013

03 Feb 14 @ 16:56

US payments industry deployment of EMV technology accelerated in 2013 to help combat rising card fraud, but widespread industry adoption of US EMV still faces multiple obstacles. Merchants remain suspect... read more

Trending

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

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

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