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Banks unable to prevent another banking scandal

23 Dec 13 @ 10:23

Only 13% of Americans believe bank systems are capable of preventing another banking scandal, according to a poll of over 2000 American consumers. 35% suggest that with some investment, they... read more

New Euro Retail Payments Board will reinforce market governance

20 Dec 13 @ 11:54

The European Central Bank (ECB) has announced the creation of the Euro Retail Payments Board (ERPB). This new entity, which replaces the Single Euro Payments Area (SEPA) Council, will help... read more

MasterCard, eServGlobal and BICS create HomeSend remittance JV

20 Dec 13 @ 10:46

MasterCard, eServGlobal and BICS have announced the formation of HomeSend remittance, a joint venture (JV) which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash... read more

PayPal acquires StackMob for mobile payments capabilities

20 Dec 13 @ 09:33

PayPal announced it has acquired StackMob, a backend-as-a-service company that helps developers easily implement features in mobile apps. You can, for example, use it to add social network logins and push... read more

Secret Service investigating data breach at Target

19 Dec 13 @ 19:02

Rumours of a massive potential data breach affecting Target customers has affected up to 40 million credit and debit card accounts, a spokesperson for the retailer said Thursday. The data breach... read more

Europe’s largest commercial mobile contactless payments service launched in Spain

19 Dec 13 @ 10:47

Visa Europe and leading Spanish bank CaixaBank along with mobile network operators Orange, Telefόnica and Vodafone, have announced the launch of Europe’s largest commercial mobile contactless payments service. From February... read more

6.5 million contactless bus journeys in London

18 Dec 13 @ 13:21

Transport for London (TfL) has celebrated its first successful year of accepting contactless payment cards on all of the Capital’s 8,500 buses. Since it was launched on Thursday 13 December... read more

UK Fraud Predictions For 2014

18 Dec 13 @ 12:19

Leading fraud and risk management consultancy UK Fraud (www.ukfraud.co.uk) has drawn up a list of predictions for the coming year. Their fraud predictions for 2014 are: 1. The Cabinet Office... read more

Eurostar partners with iZettle

18 Dec 13 @ 11:15

iZettle, the social payments company allowing anyone to take card payments with their smartphone or tablet, has announced a partnership with Eurostar, the high-speed train service which links the UK, France... read more

Why are Electronic Payments important?

18 Dec 13 @ 10:14

This communication piece illuminates the crucial role that the Electronic Payments Industry plays in driving healthy economic  growth and sustainability throughout, in this instance, the US, but globally as well.

RBK Money gets Payments Services Authorisation in the UK

18 Dec 13 @ 10:04

RBK Money, an online payments provider in Russia, has been granted the status of an Authorized Payment Institution by Financial Conduct Authority (FCA) in the UK for the provision of... read more

Datacard Group announces agreement to acquire Entrust

17 Dec 13 @ 17:01

Datacard Group has entered into an agreement to acquire Entrust, a leader in securing digital identities and information and a Thoma Bravo LLC portfolio company. The acquisition builds on the... read more

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Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

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

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more