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One in four UK card payments now contactless payments

16 Jan 17 @ 10:07

A quarter of all card transactions are now contactless payments, new figures from The UK Cards Association show. 325 million purchases were made using contactless debit and credit cards in... read more

Bharti Airtel set to launch Airtel Payments Bank in India

12 Jan 17 @ 16:14

Bharti Airtel, India’s largets wireless carrier, has unveiled its so-called Airtel Payments Bank, committing an initial investment of 30 billion rupees ($441 million) to build a nationwide network. Airtel Payments Bank is the... read more

Mobile payments market is projected to grow at a CAGR of 33.4%

12 Jan 17 @ 15:24

The mobile payments market is projected to grow at a CAGR of 33.4% from 2016 to 2022 and reach $3,388 billion by 2022. Mobile payment refers to the payment for... read more

Discover and PayPal partner on tokenisation and digital payments

12 Jan 17 @ 15:02

Discover Financial Services (DFS) and PayPal have signed a tokenisation and digital payments agreement making PayPal more widely available to Discover cardmembers, acquirers and merchants. The agreement provides PayPal with... read more

Consumers can now pay with Loyalty Points at retail POS

12 Jan 17 @ 10:31

With the goal to increase the value and usability of loyalty points, Verifone and FIS are collaborating to enable consumers to pay with loyalty points linked to their credit or debit cards... read more

Rakuten launches European bank: Rakuten Europe Bank

12 Jan 17 @ 10:24

Japanese e-commerce giant Rakuten has announced the official launch of its commercial banking operations in Europe with Rakuten Europe Bank, headquartered in Luxembourg. Rakuten Europe Bank will offer banking services... read more

Cyber security: top tips for the mobile enterprise in 2017

11 Jan 17 @ 14:32

Millennials are set to outnumber baby boomers in the workplace this year for the first time. With a millennial workforce comes a demand for much more than a pay cheque.... read more

What’s up with WhatsApp? Why it’s not as secure as you thought

11 Jan 17 @ 14:20

There’s been a lot of discussion in the media recently about the privacy of calls and messages sent via mobile phones, with some commentators advocating apps like WhatsApp as the... read more

Prints charming: biometric security reaches the billions

10 Jan 17 @ 13:36

According to Deloitte, the active base of fingerprint reader-equipped devices offering biometric security will top 1 billion for the first time in early 2017. Each sensor will be used, on average,... read more

Bacs breaks more records in 2016 – £5 trillion in 2016

10 Jan 17 @ 13:25

6.22 billion payments transactions worth a total of £4.8 trillion were processed by Bacs Payment Schemes (Bacs) in yet another record breaking year for the company behind Direct Debit in... read more

US government loses legal challenge to overturn AmEx antitrust case

09 Jan 17 @ 12:58

A federal appeals court has rejected the US government’s AmEx antitrust case request that it reconsider its decision allowing American Express to stop merchants from encouraging customers to use rival cards... read more

2017 the year of creative cyber criminality – ten cyber security trends

09 Jan 17 @ 12:45

Privacy and cyber security will dominate the corporate agenda next year. The European Union General Data Protection Regulation (GDPR) is less than 18 months away – and privacy has suddenly made... read more

Bitcoin bubble bursts as volatile price plummets

09 Jan 17 @ 09:41

The Bitcoin price plummeted as much as 23% Thursday afternoon after nearing an all-time high just weeks before, the cryptocurrency extended Friday’s tumble amid concern China will tighten rules on the digital... read more

Walmart and Visa end public interchange fees feud in Canada

08 Jan 17 @ 15:39

Walmart and Visa have ended an acrimonious and public battle over interchange fees that saw the Walmart refuse to accept Visa credit cards in its northern Ontario and Manitoba stores.... read more

Worldline and Hease Robotics sign payments partnership

08 Jan 17 @ 15:30

Worldline has entered into a mutually beneficial co-development relationship with Hease Robotics, a French B2B service robot manufacturer, delivering interaction-oriented robots to the retail and hospitality industries. Worldline and Hease Robotics... read more

National Cyber Management Centre: major bank will fail due to cyber attack

08 Jan 17 @ 12:19

Professor Richard Benham, chairman of the National Cyber Management Centre, has given a severe warning: “A major bank will fail as a result of a cyber attack in 2017 leading to a... read more

Tracking the increase in US EMV based transactions

05 Jan 17 @ 14:54

A year has passed since the US EMV fraud liability shift went into effect in the US. Adoption among both issuers and merchants is still underway, but as migration on... read more

Prepaid Cards: Opening up a new world of financial possibilities

05 Jan 17 @ 14:19

Prepaid cards are witnessing a fast rise in popularity, with the global market expected to grow to $535bn by 2020[1]. What was once seen predominantly as a tool for promoting... read more

Trending

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

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more