15 Dec 16 @ 16:08
Mastercard and Visa have committed to accelerating the adoption of an open digital wallet, the card networks announced their agreement to allow each network to request tokenized credentials from the... read more
15 Dec 16 @ 15:32
Western Union says it is enhancing its existing relationship with Viber by enabling mobile money transfer for its 754m users worldwide, to send money domestically and internationally to more than 200... read more
14 Dec 16 @ 15:53
The value of non-cash payments in the US and UK will reach $46 trillion and £1.44 trillion respectively by 2026, new research from global law firm Paul Hastings shows. In... read more
14 Dec 16 @ 15:29
EMVCo has published transaction data that reflects year-on-year growth in the number of contact and contactless card-present payments using EMV chip technology. The data reveals that during the period July 2015... read more
14 Dec 16 @ 15:12
ACI Worldwide has been named by EBA Clearing as one of the ‘frontrunner service providers’ for the pan-European EBA SEPA Instant Credit Transfer Scheme, due to go live in November 2017.... read more
13 Dec 16 @ 16:12
Ten years after the founding of the Payment Card Industry Security Standards Council (PCI SSC), we present a mid-term report on the industry’s data security efforts. As both cyber attacks... read more
13 Dec 16 @ 14:10
Companies are faced with a two-fold problem: protecting their data from those who have access to it from the inside, and from those who exploit the human factor to access... read more
09 Dec 16 @ 10:27
The EPC published the SEPA Instant Credit Transfer (SCT Inst) scheme rulebook at the end of November 2016, after a public consultation organised earlier this year. This article discusses what’s... read more
09 Dec 16 @ 10:00
According to retailers, consumers across the UK spent in record numbers on November’s “Black Friday”. It is estimated that online spend for the day was around £1.23 billion, a 12%... read more
08 Dec 16 @ 15:02
That the big markets in Latin America, despite the issues surrounding general growth in those markets, are experiencing an explosion of growth in LatAm e-commerce is not big news. However,... read more
08 Dec 16 @ 14:28
The cross border B2B payments landscape is ever-changing, there are as many challenges as there are opportunities. High transaction costs, FX fees, and slow payment processing create issues for businesses on... read more
06 Dec 16 @ 12:30
The window of opportunity is closing for banks to leverage their data to get ahead in digital services, says a new report from the Mobey Forum. Predictive Analytics in the... read more
06 Dec 16 @ 11:41
Alipay, now the world’s largest online and mobile payment platform, operated by Ant Financial Services Group, has announced a series of partnerships with some of Europe’s largest financial institutions and... read more
06 Dec 16 @ 11:06
American Express has acquired InAuth, a mobile device authentication and intelligence solutions provider of fraud prevention. InAuth’s technology is used by some of the largest financial institutions, banks, payment networks... read more
05 Dec 16 @ 12:01
The largest UK banks are set for another windfall with the sale of the bank-owned payments company VocaLink to Mastercard for £700 million ($920 million) – but what are the... read more
05 Dec 16 @ 10:59
A NEW STUDY from the World Bank Group and the World Economic Forum estimates the global value of micro, small and medium retailers’ transactions at $34 trillion per annum. An... read more
05 Dec 16 @ 10:52
Lloyds Banking Group has emerged as the leading bidder for Bank of America’s (BofA) £7 billion (A$12 billion) credit card business in Britain, taking the UK lender closer to its... read more
02 Dec 16 @ 15:47
The Avalanche online crime network, used to target online bank customers with phishing and spam emails, has been dismantled after a four-year investigation by EU law enforcement agency Europol. Avalanche... read more
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
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
22 Oct 26 @ 18:16
The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more