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Coinbase enables bitcoins via text message

20 Aug 13 @ 18:41

Bitcoin wallet service Coinbase has created an SMS interface, which enables users to send and receive bitcoins via text message. Any Coinbase customer, regardless of the network they are on and whether... read more

Facebook testing new mobile payment option

20 Aug 13 @ 18:39

Facebook is entering the mobile payment market with a new PayPal-like product. The on-the-go purchasing system would allow shoppers to input their Facebook login details to bypass the hassle of... read more

Visa Europe appoints new CEO

20 Aug 13 @ 18:38

Visa Europe announced the appointment of Nicolas Huss as its next President and CEO. Huss (48) will join Visa Europe from Apollo Group, where he is Chief Executive, Avant Spain... read more

Regulator fines Square $500k

20 Aug 13 @ 18:37

Square has been hit with a $507,000 fine by the Florida Office of Financial Regulation for operating in the state without a money transmitter license. In an order dated 24... read more

Stripe launches in the UK

20 Aug 13 @ 17:35

American payments start-up Stripe has officially launched in the UK and is now setting its sights on mainland Europe. Stripe provides merchants with an API that they can embed into... read more

Contactless spend grows five fold in 12 months

20 Aug 13 @ 16:32

UK consumers have made 51 million contactless purchases in the last 12 months, according to figures released today from Visa Europe. The monthly contactless spend has also increased five fold... read more

International card payment networks wary of increased competition from domestic networks

20 Aug 13 @ 15:31

According to the a new report by Timetric, rising competition from domestic payment card networks is set to significantly alter the current operational model of international card networks.  The ability... read more

France set for national NFC rollout

05 Aug 13 @ 11:27

Telcos France Telecom-Orange, SFR, along with Bouygues Telecom, and banks BNP Paribas and Crédit Mutuel-CIC plan to move their NFC projects from a few local deployments to the national stage... read more

U.S. judge rejects Fed cap on debit card swipe fees

05 Aug 13 @ 10:43

A U.S. judge ruled on Wednesday that the Federal Reserve ignored the intent of Congress regarding a controversial cap on debit card “swipe fees” that are part of a dispute... read more

North American financial institutions will spend $73.8 billion on IT in 2014

02 Aug 13 @ 20:57

Large North American financial institutions will spend $73.8 billion on IT improvements across software, hardware and professional services in 2014 as firms transition investments from “run the bank” to “change... read more

ISIS set for US rollout

01 Aug 13 @ 21:01

The US mobile payments market will receive a major boost this year after Isis, the mobile commerce joint venture set up by Verizon Wireless, AT&T Mobility and T-Mobile US, announced plans for a nationwide... read more

Dutch bank regulators OK Amazon Web Services for banks

01 Aug 13 @ 01:26

The Netherlands banking regulator has approved Amazon Web Services (AWS) for use by financial organizations, Amazon says This clears AWS cloud services for use across all areas of Dutch financial... 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