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Overturned interchange settlement will increases uncertainty

13 Sep 16 @ 13:49

The US Court of Appeals overturned the landmark antitrust interchange settlement between retailers and Visa and Mastercard on June 30, 2016, reigniting more than 10 years of legal battles over... read more

Four new UK banks added to Android Pay

13 Sep 16 @ 12:35

Following the launch of Android Pay, four new banks join the Android Pay family. From today, customers of Royal Bank of Scotland, NatWest, Ulster Bank and Santander are able to... read more

US EMV migration: Chip impact on merchants

13 Sep 16 @ 09:11

As the one year anniversary of the US EMV migration shift to chip approaches new data has been released confirming the positive impact the technology is having on issuing banks... read more

FIS achieves new accreditation with Payment Brands for EMV migration services

13 Sep 16 @ 09:00

FIS announced that it has recieved accreditation by Discover, MasterCard and Visa and is working with other international and national payment brands to simplify the certification process for EMV payment... read more

Death of the password?

12 Sep 16 @ 15:51

Industry experts have been sounding the death knell for passwords for some time. Speaking in 2004, Bill Gates claimed the password could not meet the challenge of keeping information secure,... read more

Six months after interchange regulation: have card products changed?

12 Sep 16 @ 13:15

First Annapolis has been closely monitoring the product offerings of the top issuers in several European markets in order to gauge issuers’ reactions to the interchange decreases that went into... read more

Recent POS malware attacks signal a need for application security for mobile payments

12 Sep 16 @ 12:55

In the past, hackers have most often gone after specific merchants when seeking cardholder information. Recent malware attacks on point-of-sale (POS) vendors, however, may signal a drastic shift in how... read more

Wells Fargo smashed by regulator over secret accounts – record fine

09 Sep 16 @ 12:35

Wells Fargo has been taken to task by the US consumer finance watchdog’s largest ever fine after the regulator found staff racing to meet sales targets illicitly opened millions of... read more

Fourth Anti-Money Laundering Directive and revised Wire Transfer Regulation

09 Sep 16 @ 09:56

On the 25 June 2015, a new package of EU Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation came into effect with the adoption of the Fourth Money Laundering Directive... read more

Mastercard faces £14 billion anti-competitive card fees claim

09 Sep 16 @ 09:18

A £14 billion legal claim has been filed against Mastercard on behalf of UK consumers seeking damages for anti-competitive card fees. In 2014, the European Court of Justice ruled that... read more

Walmart Pay exceeding retailers expectations

08 Sep 16 @ 17:00

At last week’s CONNECT Mobile Innovation Summit in Chicago, Walmart Services SVP Daniel Eckert revealed that Walmart Pay, the retailer’s proprietary mobile payment app, already boasts 20 million active users... read more

Card payments worldwide set to increase 55% to 417 billion

08 Sep 16 @ 16:47

According to Global Payment Cards Data and Forecasts to 2021, the total number of card payments worldwide increased by 15% in 2015 to 270 billion, almost double the 8% rise... read more

JCB to offer Apple Pay in Japan

08 Sep 16 @ 16:25

JCB announced that Apple Pay will launch in Japan in October to make mobile payments with iPhone 7, iPhone 7 Plus and Apple Watch Series 2. JCB has been a... read more

What are the options for retail banks to prepare for their future?

07 Sep 16 @ 13:44

Disruption, innovation, Uberisation, disintermediation, Fintechisation, regulation… all of these words are nowadays perceived as challenges for the retail banks and their business. Media and experts are fond of predicting that... read more

Masterpass gathers momentum in Europe – breakthrough year for digital payment service

07 Sep 16 @ 13:00

As the share of digital payments in Europe keeps on growing to reach 38% of payments by 2020, the continued transformation of Mastercard is driven by the rapid growth and... read more

Digital Payments in India – the making of a $500 billion ecosystem

07 Sep 16 @ 11:58

Over the past few years, the payment landscape in India has mirrored developments occurring in the global payments arena, albeit with a time lag. Although digital payments in India is... read more

Mobile payments study – opportunities for banks

06 Sep 16 @ 11:37

First Annapolis recently completed the third edition of its semi-annual Study of Mobile Banking & Payments tracking consumer adoption and use of mobile banking and payments products. Given the energy... read more

Ingenico shares suffers after cutting 2016 sales forecast

06 Sep 16 @ 10:32

Underscoring investor skittishness and low tolerance for earnings disappointments, French payments firm Ingenico Group fell nearly 13% in heavy volumes, after the cutting its full-year targets in the wake of... 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

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

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

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