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UK retailers forfeit £1.5 billion in mobile commerce

15 Jan 14 @ 16:58

With the holiday retail season now over, Jumio has released its December 2013 mobile commerce analysis, finding that retailers celebrated the most successful mobile holiday shopping season to date, yet... read more

ACI Worldwide Unveils payment device vendor support for Its Point to Point Encryption

15 Jan 14 @ 15:38

ACI Worldwide announced that major payment device vendors including VeriFone, Ingenico and Equinox support its Point to Point Encryption (P2PE) solutions. P2PE is an emerging encryption technique in the payments industry that protects sensitive cardholder data in transit... read more

Washington Metro looks to mobile and contactless payments in transit upgrade

15 Jan 14 @ 12:43

The Washington Metropolitan Transit Authority has awarded a $184 million contract to upgrade its fare payment system to include mobile and contactless payments. The new system will widen payment options... read more

Leading UK Financial Institutions support Zapp mobile payments

15 Jan 14 @ 10:38

Big news for Zapp this week – 5 of the major UK retail banks have signed up to Zapp, meaning 18 million UK customers will have access to Zapp when... read more

Zapp Vs Pingit – the creation of the UK’s 3rd debit scheme?

15 Jan 14 @ 10:25

There has been much made of Europe securing a third debit scheme for processing card transactions and creating a viable competitor to break the duopoly of Visa and MasterCard. However,... read more

Datacard Group finalize acquisition of Entrust for secure id and card personalization solutions

14 Jan 14 @ 15:49

Datacard Group, a leader in secure ID and card personalization solutions, announced that it has successfully purchased Entrust, a leader in securing digital identities and information. The closing of the... read more

Royal Canadian Mint launches Bitcoin competitor – MintChip

14 Jan 14 @ 14:55

Canada has unveiled the prototype of  MintChip, a digital currency likened to Bitcoin – only this currency was designed by the Royal Canadian Mint, is backed by the Canadian dollar, and... read more

Target confirms POS malware used in attack

14 Jan 14 @ 11:18

Target has confirmed reports that hackers infected Target’s point-of-sale terminals with malware (POS malware)  to steal the payment card information from millions of customers, the retailer’s chief executive has confirmed.... read more

Nets deploys PIN Manager

14 Jan 14 @ 10:49

Aconite, supplier of smart card issuing and processing solutions to card issuers and processors globally, has announced the go-live of Aconite PIN Manager at Nets, the leading card payments processor in... read more

A bad week for card data security

14 Jan 14 @ 10:25

In the last few days there has been bad news for retailers and their ability to comply with card data security protocols to protect their customer card data from hackers.... read more

Remote Deposit Capture: all about mobile

14 Jan 14 @ 09:57

With the explosion of mobile Remote Deposit Capture (RDC) demand, banks are seeing a shift in where RDC losses are occurring – from commercial and small business to consumer channels.... read more

Personal banking apps leaking sensitive data

13 Jan 14 @ 13:32

For several years I have been reading about flaws in home banking apps, but I was sceptical. To be honest, when I started this research I was not expecting to... 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

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