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Ant Financial strikes European mobile payments deal with Ingenico

11 Aug 16 @ 17:00

Ant Financial Services has struck a deal with Ingenico to push its mobile payments system into Europe. Ingenico will allow users of Ant’s Alipay, China’s biggest online-payments platform by transaction... read more

US banks join forces to fight cyber crime

11 Aug 16 @ 16:50

Eight of the largest US banks are forming a group to tackle the growing cyber crime threat. The group includes J.P. Morgan Chase, Bank of America and Goldman Sachs, among others.... read more

The 2016 Debit Issuer Study: evolution of chip cards and mobile payments

10 Aug 16 @ 11:01

The 2016 Debit Issuer Study, commissioned by PULSE, takes stock of the debit industry’s shift to chip (EMV) cards and mobile payments. As a result of the October 2015 liability... read more

Alibaba develops VR mobile payment technology

09 Aug 16 @ 10:16

Alibaba claims it is developing VR mobile payment technology-as the e-commerce giant bets on VR-driven shopping for future growth and is wrestling with arch rival Tencent for supremacy in the booming digital... read more

Chip and PIN hacked…again

08 Aug 16 @ 10:06

Researchers speaking at the Black Hat conference in Las Vegas demonstrated how the Chip and PIN system has been exploited to make a cash machine give out money. Small modifications to equipment... read more

Card fraud losses soar in 2015 – large rises in key European markets

05 Aug 16 @ 11:24

FICO reveals the UK saw Europe’s largest annual jump in card fraud losses for 2015. Most of the 18% rise in losses came from online transactions, reflecting the growth in... read more

Why Nigeria suspended international money transfer operators

05 Aug 16 @ 10:05

Following several reports in the media regarding the suspension of international money transfers, the Central bank of Nigeria has advised Nigerians at home and in the Diaspora to beware of... read more

Wirecard partners with O2 to offer mPOS

05 Aug 16 @ 09:00

Wirecard is working with O2 Czech Republic to offer eKasa which is a fully online, mPOS system together with credit card payment transaction services to all retailers in the Czech Republic.... read more

Mastercard report 80% EMV chip card penetration in US – fraud down

04 Aug 16 @ 10:38

Mastercard announced that 80% of its US consumer credit cards have chips, representing an 88% increase in chip card adoption since the October 1, 2015 liability shift started to bring... read more

SIA acquires Unicredit’s emoney processing activities for Italy, Germany and Austria

04 Aug 16 @ 10:06

Unicredit Business Integrated Solutions (UBIS)  and SIA have signed an agreement for the sale to the latter – for the sum of €500 million – of the processing activities of... read more

JPMorgan loses claim for fees on jail debit cards

03 Aug 16 @ 10:46

JPMorgan Chase has agreed to pay a total of $446,822 to thousands of ex-prisoners to settle a class-action suit claiming the bank ripped them off with fees associated to their post release, jail... read more

Bitcoin price crashes after HK crash

03 Aug 16 @ 09:24

The Bitcoin price crashed yesterday after one of the digital currency’s biggest exchanges revealed it had been hacked and bitcoins stolen. Hong Kong-based Bitfinex announced the security breach and froze all customer accounts late on... read more

Early Warning expands reach of clearXchange with Visa and Mastercard

02 Aug 16 @ 16:25

Early Warning, a real-time payments provider, has signed an agreement with Visa to enable person-to-person (P2P) payments on its clearXchange network using US-issued debit cards through the Visa Direct platform, it will... read more

Why Japan is ahead of Europe in Direct Carrier Billing penetration

02 Aug 16 @ 14:50

M-commerce and mobile payments have gradually been gaining acceptance across the world, particular in developing markets where fixed lines of communication are less available. In Europe, we’ve seen a growing... read more

ČSOB launch first mobile wallet in Czech Republic

01 Aug 16 @ 14:47

ČSOB, one of the largest commercial banks in the Czech Republic and part of the Belgian KBC Group have developed and launched the first mobile wallet for NFC payments in... read more

Apple Pay accounts for 75% of US contactless payments

01 Aug 16 @ 14:35

Apple Pay now accounts for 75% of US contactless payments and the estimated number of monthly users is up by more than 450% year-on-year, Apple CEO Tim Cook has revealed. More than... read more

Octopus launches e-wallet app for Apple Pay devices

01 Aug 16 @ 14:21

Hong Kong’s ­Octopus cards announced on Tuesday an app for Apple devices is to be launched, a week after ­Apple Pay went live in the city. To use the system,... read more

Global Cloud Data Security Study

01 Aug 16 @ 14:10

Despite the continued importance of cloud computing resources to organizations, companies are not adopting appropriate governance and security measures to protect sensitive cloud data. These are just a few findings... read more

Trending

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more