15 Jul 16 @ 09:02

In an important industry milestone, Mastercard unveiled what is calls “the foundation for the future of commerce” with the new Masterpass global digital payment service. This enhanced solution enables consumers... read more

14 Jul 16 @ 15:39

MasterCard has been hit with a £68.6 million fine to be paid to Sainsbury’s after losing a Competition Appeal Tribunal over interchange fees. MasterCard is involved in a raft of litigation... read more

14 Jul 16 @ 15:06

According to new research from Visa, consumers across Europe are interested in using biometrics when making a payment – especially when integrated with other security measures. Nearly three-quarters (73%) see... read more

14 Jul 16 @ 14:33

We seem to be in the midst of a Blockchain hype cycle. Distributed ledger technology is being touted as the solution for tracking assets, executing contracts and modernising payment infrastructure.... read more

14 Jul 16 @ 14:26

Absa Bank, the South African subsidiary of Barclays Africa Group, has joined the R3 blockchain consortium representing over fifty major corporations from around the world. Absa will also be working towards developing a... read more

13 Jul 16 @ 17:55

When it comes to user engagement, Facebook’s reigns supreme above all others. WhatsApp has exceeded 1 billion users, and Facebook Messenger reports 900 million users, handling 60 billion messages a day combined — three times... read more

13 Jul 16 @ 10:24

For over a year after its introduction, Apple Pay was the only real option for consumers who wanted to pay with their smartphone. That changed towards the end of 2015,... read more

13 Jul 16 @ 09:54

Seamless Distribution AB (Seamless) has acquired the Norwegian contactless payments technology company MeaWallet AS (MeaWallet). The purchase price amounts to approximately SEK 42.8  (£3.78) million and payment is made through... read more

12 Jul 16 @ 15:30

Card fraud rates are on the rise in many parts of the world despite the widespread adoption of fraud analytics solutions by financial institutions and retailers, along with EMV in... read more

12 Jul 16 @ 13:58

Over the past month we have observed a number of important mobile wallet developments. Announcements from Wells Fargo, Visa and Apple have highlighted the growing competition among FIs, merchants and... read more

12 Jul 16 @ 10:24

The Financial Conduct Authority is reportedly probing the £2.7bn P2P lending sector for the second time in two years, following widespread calls for tougher regulation of so-called “alternative finance” providers. On Friday,... read more

11 Jul 16 @ 13:28

Ransomware and malicious insiders are on the rise and upper management is showing greater interest in information security – according to a new threat intelligence report from IBM X-Force. Ransomware... read more

11 Jul 16 @ 13:01

New data has found that spend on digital retail marketing is set to increase from $174 billion in 2015, to $362.1 billion by 2020. The research found that whilst the digital... read more

11 Jul 16 @ 12:18

Research from Pay by Bank app, has found 39% of London Underground passengers are shopping daily on the Tube (see infographic) – commuter commerce. This equates to 1.5 million Londoners... read more

08 Jul 16 @ 12:34

Sberbank, the Russian bank, has founded a new subsidiary – SB-Telecom – which will act as an MVNO, reports Vedomosti. The new company will provide telecommunications services for companies within the Sberbank... read more

07 Jul 16 @ 13:55

If you don’t already bank, shop or make mobile payments using your mobile device, there’s a good chance that you’ll start within the coming year. At least, that’s what the... read more

07 Jul 16 @ 13:05

Law enforcement agencies and businesses are losing the cybercrime “arms race” with online criminals, the UK’s National Crime Agency has warned. The technical capabilities of criminal gangs are outpacing the... read more

07 Jul 16 @ 12:48

Walmart announced that Walmart Pay is now available in the more than 4,600 Walmart stores nationwide. Available through the Walmart app, Walmart Pay works with any iOS or Android device,... read more