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UK debit cards reach 100 million for first time

30 Jun 16 @ 12:00

There are now more than 100 million debit cards in circulation in the UK for the first time.The milestone was passed in April, the latest figures from The UK Cards... read more

60 Danish banks launch NFC mobile wallet

30 Jun 16 @ 10:09

Nets has been selected by Danish banking collective, the BOKIS partnership, to launch a new NFC mobile wallet solution powered by its HCE and tokenisation platform. The BOKIS partnership includes... read more

Wirecard enters North America with Citi Prepaid Card acquisition

30 Jun 16 @ 08:53

Wirecard has reached a definitive agreement to acquire Citi Prepaid Card Services. Citi Prepaid card services have launched over 2,500 client programs, associated with top companies and brands across the... read more

The Internet of Things and NFC

29 Jun 16 @ 18:11

By connecting billions of familiar devices, the Internet of Things (IoT) promises to improve how we live, work, and play by turning our homes, cars, offices, and cities into smart,... read more

31 Chinese FI’s form blockchain consortium

29 Jun 16 @ 18:00

Chinese financial services firm Ping An Bank and a subsidiary of QQ instant message app maker Tencent are among more than 30 technology and financial firms in China that have... read more

Charging for credit and debit cards – the norm under new rules?

29 Jun 16 @ 10:03

New standards on how much businesses can surcharge their customers for credit and debit card purchases start in September. However, it’s not clear how the rules will be policed and whether... read more

Second retailer sues visa over PIN transactions

28 Jun 16 @ 16:48

Kroger is to join Wal-Mart and sue Visa over debit-card PIN transactions, saying the payment network has levied fines against it and threatened to raise fees and cut off its acceptance of... read more

BlueSnap EU launch sees 115% growth in mobile checkout transactions

28 Jun 16 @ 16:35

BlueSnap says that they have seen 115% growth in mobile checkout transactions since launching in Europe. As a PSP, BlueSnap offers e-commerce merchants a unique solution with a gateway, an instant... read more

SWIFT signs global banking payments initiative

28 Jun 16 @ 16:20

SWIFT says that 73 banks worldwide have now joined its global payments initiative, designed to improve the cross-border payments experience. Recent banks to join the initiative include, Alfa-Bank, Axis Bank, Banco... read more

Apple Pay POS ads increases Apple Pay transactions by 26%

27 Jun 16 @ 12:23

USA Technologies announced the results of a study testing whether targeted POS advertising of Apple Pay acceptance would increase usage of mobile payments by consumers. According to early results, USAT believes that... read more

South African e-commerce market slow to ignite

27 Jun 16 @ 11:12

South Africans have shopped online, but their total e-commerce spend is only a fraction of retail spend in the country. Effective Measure, a provider of digital audience, brand and advertising... read more

NCR launches latest version of Authentic for transaction processing

27 Jun 16 @ 10:50

NCR Corporation has released the fastest, most secure version of its transaction processing solution, Authentic, which is the first major payments platform to be compliant with the PA-DSS 3.1 standard. Authentic... read more

Euroclear and itBit collaborate on blockchain solution for gold

27 Jun 16 @ 10:24

Euroclear and itBit, a financial services company delivering blockchain services for capital markets, announced their collaboration to explore opportunities in creating a next generation settlement service for the London gold... read more

Brexit: Possible impacts on UK consumer payments

24 Jun 16 @ 10:57

Following Britain’s momentous decision to leave the European Union our thoughts must inevitably turn to the potential impact on UK consumer payments. In this blog we provide some early thoughts... read more

AmEx update US fraud policies to limit EMV chargebacks

24 Jun 16 @ 09:27

In an effort to promote further adoption of EMV in the US, American Express announced changes to its EMV chargeback policy to help merchants limit their fraud costs as they... read more

US regulators condemn bitcoin as financial stability risk

22 Jun 16 @ 10:41

US regulators have warned that the growing popularity of bitcoin and other digital currencies is posing potential financial stability risks as it revealed they are being put under closer scrutiny.... read more

App chaos after Apple’s new ruling update

22 Jun 16 @ 10:24

At the recent Apple developer conference Apple presented the redesigned and refreshed App Store. At the same time Apple has changed the terms & conditions for app developers. One change especially... 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