05 May 16 @ 11:14

Banks face intense pressure to increase efficiencies and reduce costs while delivering next-generation digital banking services; however, incumbent application vendors have been slow to respond to new requirements, according to... read more

05 May 16 @ 10:45

The UK’s payment technology, or PayTech, sector is booming and closing the gap on the US, its closest rival, according to research from the Emerging Payments Association (EPA), sponsored by... read more

04 May 16 @ 16:03

In a recent primary consumer research it highlights a rapid increase in adoption of mobile payments, and specifically in mobile P2P payments. Based on a survey of 1,279 smartphone users conducted... read more

03 May 16 @ 13:33

Despite the retail industry’s ambition to move to an Omni-Channel payments strategy, only a minority of retailers have completed an omni-channel payments program, according to a survey of nearly 100... read more

03 May 16 @ 13:20

PayPal’s P2P payment service Venmo is under investigation by the Federal Trade Commission. PayPal has acknowledged the situation in an SEC filing: “On March 28th, 2016, we received a Civil Investigative Demand (CID)... read more

03 May 16 @ 12:40

VocaLink has signed a five year deal to provide exclusive processing for the LINK ATM network.  The deal is the UK’s largest ever ATM processing deal and is expected to deliver over 16... read more

02 May 16 @ 09:24

A new research report from ACI Worldwide and Payments Cards & Mobile. Merchants must navigate new business models and continue to address ongoing payments security, consolidated siloed payments infrastructures and a... read more

29 Apr 16 @ 15:38

ATMs can be easily hacked and ATM malware installed, meaning funds could be stolen, a report by Kaspersky Labs has revealed. The company identified two key hardware flaws with the... read more

29 Apr 16 @ 15:23

The days of carrying cash are numbered according to a new study into the habits of UK consumers, with mobile payments set to be our main form of payment within... read more

29 Apr 16 @ 15:00

Walmart has finally enabled Walmart Pay its mobile wallet in an update to the Walmart iOS app. The company first announced the mobile wallet in December. When iOS users update the app,... read more

28 Apr 16 @ 16:45

PayPal says that 2016 profits are up. The company announced 4.5m new accounts taking its total user base to 184m at the end of March. Independent from eBay since last summer, the firm says... read more

28 Apr 16 @ 15:23

Intesa SanPaolo, Italy’s biggest retail bank is reported to be in final talks to sell its payments unit Setefi to banking services firm Istituto Centrale delle Banche Popolari (ICBPI) in a... read more

28 Apr 16 @ 13:33

FIS announced that its EMV Terminal Integration Test Solutions for Contact and Contactless have been accredited by four major payment brands. Before bringing a payment terminal in the field, it must... read more

27 Apr 16 @ 15:34

The worldwide wearable device market (commonly referred to as wearables) will see continued growth as second and third generation iterations reach the market. These new devices will build upon the... read more

27 Apr 16 @ 14:33

The Smart Payment Association (SPA), the trade body of the smart payments industry, has released the findings from its annual review of the smart payment card market. Data collated by... read more

27 Apr 16 @ 12:19

As the inevitable consolidation of the European mPOS market begins, SumUp and payleven  announced a merger which will see the combined company operate under the name SumUp. The companies, currently... read more

26 Apr 16 @ 12:11

Mobile point-of-sale (mPOS) is revolutionising the POS terminal industry. Because of this, the market is poised to grow by 400% over the next four years, 46% of all POS terminals... read more

26 Apr 16 @ 11:25

In February 2016 one of the largest cyber heists was committed and subsequently disclosed. An unknown attacker gained access to the Bangladesh Bank (BB) using SWIFT malware. The BB SWIFT... read more