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China Mobile and UnionPay announce launch of NFC Payments service

12 Jun 13 @ 00:00

China Mobile and China UnionPay announced on Sunday the launch of an NFC service and mobile wallet, integrating China UnionPay’s contactless payment QuickPass with China Mobile’s mobile wallet services. So... read more

SoftBank Mobile further expands Japan’s mobile NFC ecosystem

12 Jun 13 @ 00:00

SoftBank Mobile has announced its selection for the commercial launch of mobile NFC services in Japan. This launch further expands Japan’s NFC ecosystem, with two major mobile operators having launched NFC services,... read more

MasterCard brings mobile payment to Taiwan

12 Jun 13 @ 00:00

MasterCard has brought its near field communications (NFC)-based mobile payment service to Taiwan, in collaboration with mobile operator Chunghwa Telecom and four local banks, and is expected to be operational... read more

EVO Payments International completes acquisition of Deutsche Card Services

12 Jun 13 @ 00:00

EVO Payments International, LLC (“EVO”), a leading payments service provider, announced today the completion of its acquisition of Deutsche Card Services, formerly a wholly owned subsidiary of Deutsche Bank.  With... read more

China blocks MasterCard processing Renminbi transactions

11 Jun 13 @ 00:00

China’s central bank has ordered online payment platform EPayLinks to stop issuing renminbi-settled credit cards in partnership with MasterCard. “No payment institution is allowed to cooperate with foreign card companies... read more

European Payments Council and Cards Stakeholders Group Release Version 6.5 of the SEPA Cards Standardisation

10 Jun 13 @ 00:00

The European Payments Council (EPC), representing the European banking industry in relation to payments, together with the Cards Stakeholders Group (CSG) today published version 6.5 of the Single Euro Payments... read more

New payment systems for all – or only for some?

06 Jun 13 @ 00:00

New payment services such as cards, internet and mobile payments may leave many people behind, while also making it more difficult for them to pay in traditional ways such as... read more

Cash usage continues to grow

06 Jun 13 @ 00:00

Despite the hype surrounding mobile payments, the consumer love affair with notes and coins will continue unabated for at least another decade, with cash usage remaining on an upward curve... read more

Global mobile payments index

06 Jun 13 @ 00:00

Telefonica has signed an agreement with Santander and CaixaBank to create a joint venture that will develop new businesses based on the latest mobile and communication technologies.  The new company... read more

MasterCard drives expansion of contactless

06 Jun 13 @ 00:00

MasterCard Worldwide announced record growth of its contactless payments technology,MasterCard PayPass, across the Asia/Pacific, Middle East and Africa (APMEA) region in 2012, citing a 28% (YoY) increase in merchant locations. MasterCard’s PayPass contactless payment network... read more

Bell ID launches NFC secure element in the cloud

06 Jun 13 @ 00:00

The new service enables keys, certificates and NFC credentials to be stored securely in a remote location, rather than in the mobile device, is fully compatible with standard EMV contactless... read more

Mobile wallet payments will reach € 78 billion by 2017

06 Jun 13 @ 00:00

According to a new research report from Berg Insight, in-store mobile wallet payments in EU27+2 is forecasted to grow from less than €0.1 billion in 2012 at a compound annual... 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