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International brands drive European commercial cards sector

04 Apr 16 @ 12:46

Commercial cards represent just 4% of all payment cards in Europe according to Commercial Cards in Europe 2015. The sector has significant scope for expansion as many businesses do not currently... read more

Swiss banks explore joint mobile payments platform

31 Mar 16 @ 11:30

Five of Switzerland’s biggest banks are reported to be discussing with top retailers a joint mobile payments platform for the country, the partners said on Wednesday. The talks with financial... read more

Square e-commerce API

31 Mar 16 @ 11:21

Square is launching a new e-commerce API that enables merchants to process online payments on their own self-hosted, fully developed websites, taking on PayPal and Stripe with. The API is part... read more

VocaLink launch PayPort for Faster Payments

31 Mar 16 @ 11:14

VocaLink has launched PayPort, an end-to-end service that offers banks and other financial institutions fast, efficient and secure access to Faster Payments without the cost of introducing a new technology infrastructure.... read more

Jumio files for bankruptcy protection

29 Mar 16 @ 13:14

Online identification verification company, Jumio,  whose clients include United Airlines and Airbnb, has filed for Chapter 11 bankruptcy protection for its US business and initiated the sale of assets, according... read more

American Express adds Apple Pay for UK Corporate Cards

24 Mar 16 @ 12:50

American Express Global Corporate Payments UK says its UK Corporate Card members can now use Apple Pay to tap and pay with compatible Apple devices. Karen Penney, Vice President and General... read more

Huawei launches Huawei Pay with China UnionPay

24 Mar 16 @ 12:32

Huawei Technologies, the leading Chinese smartphone manufacturer, has partnered with China UnionPay to introduce Huawei Pay – an NFC mobile payment service. As far as bank card payments are concerned, UnionPay holds... read more

Android Pay announces UK launch

23 Mar 16 @ 14:48

Major high street UK banks including HSBC, Bank of Scotland, First Direct, Halifax, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society say they are ready for the forthcoming launch... read more

Biometrics market to reach $30 billion by 2021

23 Mar 16 @ 14:35

ABI Research is predicting that the overall biometrics market will reach a value of $30 billion by the year 2021. In a statement summarizing recent findings, the market research firm... read more

Amex investigating data breach reports

23 Mar 16 @ 14:24

American Express is reported to be investigating a potential data breach by a merchant in California. Apparently, the merchant was compromised, leading to the possible exposure of account numbers, names, expiration... read more

Global digital payments to reach $3.6 trillion this year

22 Mar 16 @ 15:16

A new study  has found that hat the annual transaction value of online, mobile and contactless – digital payments will reach $3.6 trillion this year, up from $3 trillion on 2015, resulting... read more

Worldwide shipments of wearables to surpass 200 million

22 Mar 16 @ 14:44

Worldwide shipments of wearable devices are expected to reach 110 million by the end of 2016 with 38.2% growth over the previous year. According to the International Data Corporation (IDC)... read more

Octopus cash limit to triple to HK$3,000 – aimed at changing shopping habits

22 Mar 16 @ 12:58

Octopus, the Hong Kong equivalent of the Oyster card in the UK says the legal limit on the amount of money that can be stored on Octopus cards will rise... read more

UK payment cards annual fraud losses hit £567.5 million

21 Mar 16 @ 12:51

Statistics by Financial Fraud Action (FFA) UK show fraud losses on UK payment cards totalled £567.5 million in 2015, representing an 18% increase from £479 million one year before. Significantly,  total... read more

Tencent’s WeChat rides mobile payments wave

21 Mar 16 @ 12:36

Tencent is not only China’s largest social network and online entertainment firm, it is now big in mobile payments. The company has quietly built one of the world’s largest mobile payments systems,... read more

Russian hacker cell steals $25.7 million

21 Mar 16 @ 12:25

A newly discovered Russian hacker group known as Buhtrap has attacked 13 Russian banks since August 2015, using malware that infiltrates their gateway to the central bank, according to Moscow-based... read more

2016 UK consumer payment study

18 Mar 16 @ 11:48

TSYS has announced the results of its 2016 UK Consumer Payment Choice Study. New to the second annual research were findings related to emerging payments. The online survey of more than 500... read more

Blockchain: short-lived illusion or a real game changer?

18 Mar 16 @ 11:22

Blockchain has traditionally been a subject of mitigated opinions, due to its early association with bitcoin, the cryptocurrency adopted by techies all around the world, and also used on anonymous... read more

Trending

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more