04 Jan 16 @ 12:48

UK-based company Fourex is rolling out self-service currency exchange machines across London’s underground network with a kiosk now live at King’s Cross station. Fourex machines enable customers to exchange notes... read more

23 Dec 15 @ 12:10

The worldwide wearable device market (commonly referred to as wearables) will see continued growth as second- and third-generation iterations reach the market. These new devices will build upon the hardware... read more

23 Dec 15 @ 12:02

Visa and MasterCard account for 69% of the 2.9 billion payment cards issued in the nine countries in the Americas, and this share continues to increase. RBR’s study reveals that... read more

22 Dec 15 @ 15:55

Despite the proliferation of e-commerce and the rise of payment cards worldwide, cash is growing nearly as fast globally as cashless payments. A new study found cashless transactions in the aggregate... read more

22 Dec 15 @ 15:47

A new study by LexisNexis Risk Solutions and Association of Certified Anti-Money Laundering Specialists reveals that 37% of financial institutions have increased risk exposure to money laundering. The same source mentions that... read more

22 Dec 15 @ 13:25

Apple Pay has teamed up with bank-card processor China UnionPay and 15 Chinese banks to bring the mobile payment service to China as soon as early 2016. The move, which was reported... read more

21 Dec 15 @ 14:00

Nearly two months ahead of the 1 February 20161 regulatory deadline which will require Eurozone Payment Service Providers (PSPs) to process SEPA payments using only the IBAN2 – rather than the BIC... read more

21 Dec 15 @ 13:50

Research carried out by Callcredit Information Group and YouGov* has revealed that 76% of consumers surveyed are using online banking either very or fairly often and 40% of those using... read more

21 Dec 15 @ 13:41

Russia has launched its own domestic payment system, aiming to boost its financial independence and compete with international payment systems such as Visa and MasterCard. The launch of the Russian... read more

18 Dec 15 @ 12:09

Smartphone rivals Apple and Samsung are mounting a challenge to Alibaba’s dominance of China’s emerging mobile payment market, after announcing co-operation deals with Chinese bank card network UnionPay. In twin announcements... read more

16 Dec 15 @ 17:29

Banks across the world are set to significantly increase spending on new payment technology in 2016, according to a new report from Ovum, the independent technology firm. Driven by increased... read more

16 Dec 15 @ 16:53

Google has revealed a major expansion of its Android Pay system, letting people pay from within apps. Google is updating its mobile payments platform to make it easier for Android... read more

16 Dec 15 @ 16:42

Research carried out by Callcredit Information Group and YouGov* has revealed that 48% of 18-24 year olds would not report an unsuccessful fraud attempt to their bank. More worryingly, 22%... read more

15 Dec 15 @ 16:13

China UnionPay, China’s largest payment and clearing network, joined with more than 20 lenders to introduce Quick Pass, a new mobile payment service, in a bid to win back market... read more

15 Dec 15 @ 12:32

Consumer spending has undergone a revolution over the past decade with restaurants, pubs and online retailers benefiting from the explosion in the use of payment cards, new data shows. A... read more

15 Dec 15 @ 12:10

In a recent note from the Payment Systems Regulator (PSR) on domestic interchange fee caps in the UK, issued on the 19 November 2015 the PSR said: we issued an information request about... read more

15 Dec 15 @ 10:53

Mobile Payments 2016 is set to be a defining year for mobile payment providers. It looks as though Apple Pay is planning a major European launch in 2016; an event... read more

15 Dec 15 @ 09:32

Global POS printer manufacturer BIXOLON announced the launch of the SRP-380 POS receipt printer to the retail market. A compact, low maintenance, powerful three-inch direct thermal POS printer with an... read more