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2015 Smart Payment Card shipment figures

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

SumUP and payleven agree merger as mPOS market consolidates

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

The mPOS opportunity

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

Analysis of the SWIFT malware threat

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

Blockchain in banking: disruptive threat or tool?

26 Apr 16 @ 10:42

Blockchain could have widespread potential to disrupt financial intermediaries. This in-depth Morgan Stanley study suggests several misconceptions and identifies 10 hurdles to overcome to make blockchain a reality in banking. The opportunity is clear but... read more

DBS launches mobile-only bank

26 Apr 16 @ 09:37

Singapore’s DBS bank has decided to go for the mass-market retail customers and has launched a mobile-only bank. The bank say the product will be completely paperless and branchless and will allow customers to... read more

UK e-commerce to hit €174 bn in 2016

25 Apr 16 @ 17:26

UK e-commerce is expected to reach €173.7 billion (10.5% growth) in 2016, according to a new report. Last year, the British e-commerce industry increased by 11% to €157 billion. The report, United Kingdom... read more

Deloitte autopsy the collapse of Powa Technologies

25 Apr 16 @ 17:01

Powa Technologies’ insolvency specialists Deloitte have released its insolvency report into exactly what went wrong at the London payment company that folded spectacularly in February. The company autopsy reveals Powa’s ultimate controlling... read more

MyBank breaks €1 billion milestone

25 Apr 16 @ 13:36

By 25th April 2016, goods and services worth more than €1 billion will have been paid for with MyBank SEPA Credit Transfer (SCT) since its launch. Amounts paid with MyBank... read more

MasterCard set to close £1bn Vocalink deal

22 Apr 16 @ 16:45

MasterCard is reported to have entered exclusive talks to buy Vocalink as it bids to capture a greater share of UK debit card payments from Visa. Sky News initially reported that the... read more

Fraud: Driving US EMV migration

22 Apr 16 @ 16:28

It is no understatement to say that the journey to US EMV migration over the last decade has been bumpy, with several false dawns – yet a new report Driving EMV... read more

Visa Inc amends Visa Europe deal

22 Apr 16 @ 16:00

Visa Inc, following feedback from the European Commission has been forced to change the terms of its acquisition of Visa Europe. Under a deal struck in November, Visa Inc was set to pay... read more

Orange set to launch Orange Bank after Groupama Banque acquisition

22 Apr 16 @ 14:29

Orange and Groupama have signed an agreement that aims to enable the development of Orange Bank, a 100% mobile banking service. This agreement concludes the exclusive discussions that have been ongoing... read more

4.7 billion global SIM shipments in 2015 – contactless SIM continue to thrive

21 Apr 16 @ 15:21

The SIMalliance, which represents approximately 88% of the global SIM market, has reported  SIM shipments volume equalling 4.7 billion in 2015, reflecting a 0.3% increase on 2014 shipments. The estimated... read more

Critical mass for contactless cards in 2016-18

20 Apr 16 @ 14:13

Contactless cards continue to grow with increasing appetite from all stakeholders including consumers, who find it convenient, and merchants who like its speed – particularly where there is a requirement... read more

Verifone and Samsung partner on Samsung Pay acceptance

20 Apr 16 @ 14:00

Verifone and Samsung have teamed up to accelerate merchant adoption of Samsung Pay. As the most widely accepted mobile payment system in the US, Samsung Pay works almost anywhere users... read more

First mobile HCE payment solution deployed in Bulgaria

20 Apr 16 @ 13:54

First Investment Bank AD (Fibank) of Bulgaria is the first bank in the region launch a mobile HCE payment card product, the mobile payment service is based on Host Card Emulation (HCE)... read more

Alternative payments impact South Africa’s payments market

20 Apr 16 @ 10:49

Alternative payments are gaining traction in South Africa, with banks and payment companies introducing new solutions. Recent initiatives include the launch of MasterPass, Zapper, FlickPay and SnapScan. The MasterPass digital... 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