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Australian banks select FIS to deploy new eftpos payments hub

03 Oct 13 @ 16:13

The most commonly used debit card system in Australia is eftpos and it accounts for roughly 70% of the country’s debit card transactions. FIS’ global EFT switching platform will be... read more

Visa, MasterCard and American Express propose new global standard for online and mobile shopping

03 Oct 13 @ 16:00

According to a recent report from the US Census Bureau, 6% of all retail sales are conducted digitally, up nearly 200% since Q1 2004. Rising to this challenge, Visa, MasterCard and... read more

Brits prefer to in-store shopping

03 Oct 13 @ 15:43

Traditional shopping methods are still winning the hearts, minds and wallets of British consumers according to Payment Generation Gap, a new analysis of British shoppers’ payments habits but shoppers want faster... read more

Occupy Money launches pre-paid Visa debit card

01 Oct 13 @ 13:25

The founders of the Occupy Money Cooperative, an off shoot of the  Occupy Wall Street group say they intend to launch a prepaid Visa card that will carry a small monthly fee. The... read more

Mobile payment transactions record 27% growth worldwide in past four months

01 Oct 13 @ 13:11

The most recent findings from its Global Mobile Payments Index covering the period May – August 2013 period, which showed that mobile payment transactions on its platform jumped by 27%... read more

Wirecard selects CorFire for NFC payments

01 Oct 13 @ 11:37

Mobile commerce provider CorFire has announced a collaboration with payments innovators Wirecard to allow near field communications service (NFC) to enable mobile payments across Europe. Under the agreement, Wirecard’s products... read more

Global ATM market grows as demand for cash increases

30 Sep 13 @ 09:41

a new study from London-based strategic research and consulting firm RBR, “Global ATM Market and Forecasts to 2018”, predicts the installed base of ATMs across the world is forecast to grow... read more

Facebook rolls out Autofill mobile payment application

26 Sep 13 @ 09:33

Facebook has rolled out “Autofill With Facebook” feature in partnership with PayPal, Stripe and Braintree to put an end to all typing required while filling in billing details. The social media giant tested this application... read more

SumUp cuts transaction mobile POS fees by 30%

26 Sep 13 @ 09:18

In an aggressive move, in the increasingly noisy mobile POS market, SumUp, has announced a significant reduction of its transaction fee. In the UK, SumUp will cut its fee to... read more

UniCredit contracts First Data to for mobile payment

24 Sep 13 @ 14:46

UniCredit has selected First Data Corporation to assist in the execution of its mobile payments strategy. UniCredit’s agreement with First Data will see the bank bring to market a number... read more

Visa and MasterCard cut French card fees

24 Sep 13 @ 14:19

Visa and MasterCard have agreed to cut the fees to process credit card transactions in France by almost half. The French Competition Authority announced the agreement with Visa and MasterCard in the wake of... read more

PayPal closes in on deal for Braintree Payments

24 Sep 13 @ 14:13

Research firm Gartner expects the mobile-payments market to grow by 31% this year to $235.4 billion — and to increase by more than three-fold by 2017. For this reason, PayPal... 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

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

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