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Prepaid revenue growth has strong tailwind

23 Jul 13 @ 01:40

First Annapolis forecasts that U.S. open-loop prepaid revenue will reach $4.5 billion in 2013, up from $3.8 billion in 2012. Historically, growth rates on prepaid load volume, transactions, and revenue... read more

Cryptomathic enables secure issuing to MasterCard and Visa mobile wallets

22 Jul 13 @ 02:18

Responding to increasing demand for mobile payments, Cryptomathic has upgraded its EMV flagship issuing solution, CardInk, to enable customers to issue payment applications to smartphones and other mobile devices. The... read more

ICICI Bank and Movida partner on mobile payments service in India

22 Jul 13 @ 02:15

Movida, the mobile payments joint venture between Visa Inc. and Monitise announced a deal with ICICI Bank, India’s largest private sector bank, to utilize Movida’s mobile payments service for the... read more

China’s Sina plans to launch online banking services

22 Jul 13 @ 01:49

Sina, the Chinese tech giant behind microblogging platform Sina Weibo, announced that it will roll out an online banking platform in September. According to the Beijing News (h/t via Tech in Asia) the new... read more

U.S. Bank adds Square to its digital wallet options

22 Jul 13 @ 01:46

U.S. Bank announced that it has added Square to its digital wallet options available to customers via their iOS and Android smartphones. The announcement comes during a time when many in... read more

Société Générale launches its contactless payment service in Strasbourg

22 Jul 13 @ 01:45

Société Générale, one of the largest European financial services groups, announced that they launched the bank’s first NFC Visa payment service in Strasbourg, France relying on Oberthur Technologies’ Trusted Service... read more

Alaric selected by Heartland Payment Systems for fraud detection

22 Jul 13 @ 01:44

Alaric announced that one of the world’s largest payment processors, Heartland Payment Systems, has selected Alaric’s Fractals fraud prevention and detection product to monitor more than 300 million card transactions that it processes... read more

Government needs to embrace payments technologies

19 Jul 13 @ 02:19

UK citizens are being denied swift access to financial support and emergency payments because the Government has failed to grasp the opportunities now offered through emerging payments technologies from SMEs... read more

Cellum leverages mobile payment success to challenge paypal

16 Jul 13 @ 02:31

Cellum, a developer of mobile payment applications, laid down the gauntlet, announcing that they have achieved a game changing 84% conversion rate- far higher than incumbent solutions.  The company now... read more

Uniqul launch face recognition payment system

16 Jul 13 @ 02:30

“Imagine going in to a kiosk, picking up a newspaper at the cashier, clicking “Ok” on a Uniqul tablet and walking away. Imagine a day at the beach when you... read more

China UnionPay to launch NFC mobile-payment

16 Jul 13 @ 02:28

Chinese bank card network China UnionPay has announced plans to introduce a mobile-payment service using an NFC-enabled Android phone from HTC. The phone, reported by Taiwan’s Central News Agency as the HTC... read more

BANAMEX in Mexico launch mPOS

16 Jul 13 @ 02:27

BANAMEX became the first bank from the American continent to launch iAcepta Móvil Banamex, an application developed by Stratus Technologies Mexico called S-Pay mobile POS, which is compatible with handheld... 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