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Amazon rumoured to buy mobile payments startup Gopago

17 Dec 13 @ 16:42

It is rumoured that Amazon may have made another acquisition, and another move to expand its role in the world of mobile payments. Italian newspapers are reporting that the e-commerce giant has acquired Gopago,... read more

Bitcoins not a currency says Norway

17 Dec 13 @ 09:25

It has been another topsy turvy week for Bitcoin as Norway, the government of Scandinavia’s richest nation, confirmed the virtual currency doesn’t qualify as real money. “Bitcoins don’t fall under... read more

Retailers fight on as US court approves interchange settlement

16 Dec 13 @ 15:42

A group of US retailers have vowed to continue fighting a US District Court ruling in favour of a $5.7 billion interchange settlement with Visa and MasterCard over credit card... read more

European Parliament votes in favour of basic bank account as legal right

13 Dec 13 @ 14:12

The European Parliament voted today[1] to give the right of access to a basic bank account at little or no cost to up to 30 million EU residents who want... read more

Chinese central bank drafts mobile payment rules

13 Dec 13 @ 13:59

The People’s Bank of China (PBOC) is drafting new mobile payment rules to regulate mobile payments, the Xinhua-run Economic Information Daily reported Wednesday. Fan Shuangwen, deputy head of PBOC’s department of... read more

Commonwealth Bank accelerate mobile payments adoption

13 Dec 13 @ 12:47

MasterCard says it will enable Commonwealth Bank of Australia MasterCard cardholders to securely load and store payment account credentials on select flagship NFC-enabled Samsung devices, enabling fast and secure contactless payments accelerating mobile payments... read more

Wells Fargo joins Isis mobile wallet

13 Dec 13 @ 11:34

Wells Fargo is to allow customers to load their credit cards on to the telco-backed Isis mobile wallet in the first phase of a pilot test of the technology, which... read more

Consumers beware: five ways your identity can be stolen

13 Dec 13 @ 11:23

Jumio has revealed the top five ways that identity thieves and fraudsters target victims, in conjunction with the release of a new report entitled The Fraudsters Playbook. The Playbook includes... read more

mPOS provider Swish granted Financial Institution license

13 Dec 13 @ 10:45

New mPOS provider Swish Payments has been granted a Financial Institution license by the Malta Financial Services Authority (MFSA). This allows Swish to operate as a licensed financial institution under... read more

LifeLock to purchase mobile wallet provider Lemon

13 Dec 13 @ 10:28

LifeLock, an identity-theft firm, is to grow its mobile presence with the acquisition of mobile wallet start-up Lemon for an initial consideration of $42.6 million. In conjunction with the all-cash... read more

EU promise of transparent and competitive payment system under threat

13 Dec 13 @ 09:00

In an unsurprising reaction, the draft European Parliament report on the proposed Regulation on banking interchange fees (MIF) would water down the Commission proposal so that the majority of the... read more

East African economies launch cross-border payments system

12 Dec 13 @ 11:25

In its strongest attempt to date to bolster intra-regional trade, East Africa’s biggest economies have launched an integrated real-time cross-border payments system designed to remove bottlenecks to business, Kenya’s central bank... 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