Daily News

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

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

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

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

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

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

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

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

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

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

13 Jan 14 @ 13:18

2013 saw Bacs Payment Schemes Limited, the company behind Direct Debit in the UK, process its 100 billionth transaction in the summer – that’s almost as many payments passing through... read more

10 Jan 14 @ 17:01

2013 saw continued interest by venture capital and corporate venture investments into payments tech companies ranging from mobile point of sales solutions to parking payment apps to international money transfer. To clarify,... read more