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

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

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

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

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

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

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

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

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

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

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

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

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

22 Jul 16 @ 11:46

MasterCard is reportedly applying to become a payment service provider in China after the government opened the market, but the company is still weighing whether to do so alone or with... read more

22 Jul 16 @ 11:40

Unlikely partners, PayPal  and Visa, announced a US strategic partnership that will result in an improved and more seamless payment experience for Visa cardholders and will offer greater choice in... read more

22 Jul 16 @ 10:49

Spending for goods and services tied to payment cards issued in the Asia-Pacific region are identified by network brands – Visa, UnionPay, MasterCard, JCB, American Express, and Diners Club.

22 Jul 16 @ 10:40

The Russian Ministry of Finance are reported to have begun discussions to treat cryptocurrencies, including Bitcoin, as a foreign currency. This action follows the Party of Growth proposal —a political party... read more

21 Jul 16 @ 13:45

MasterCard announced that it has entered into a definitive agreement to acquire 92.4% of VocaLink for about £700 million (approximately $920 million), after adjusting for cash and certain other estimated liabilities.... read more