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European privacy regulation moves forward

29 Jan 16 @ 11:17

The payments industry is no stranger to the increasing reach of regulation. With the EU Regulation on interchange fees for card-based payment transactions coming into force earlier this year, together with near-term... read more

Growth in card fraud outstrips sales growth

29 Jan 16 @ 10:53

Fraud losses are at record levels worldwide. Card fraud worldwide grew 19 percent last year compared to card sales which grew only 15%, according to figures released by the Nilson... read more

Counting the costs of cybercrime

29 Jan 16 @ 10:38

The recent publication of cybercrime statistics by the Bundeskriminalamt (BKA), the German Federal Criminal Office, raises almost as many questions as it answers. As with any official cybercrime statistics, perhaps... read more

Electronic payments grow faster than GDP across all regions

28 Jan 16 @ 13:38

Non-cash payment volumes are expected to continue to grow strongly in 2014, according to the World Payments Report 2015 from Capgemini/Royal Bank of Scotland. Volumes are projected to grow at... read more

Worldwide Smartphone shipments surpass 1.4 billion in 2015

28 Jan 16 @ 11:37

A strong holiday quarter boosted worldwide smartphone shipments to new record levels thanks to robust product offerings at numerous price points in both mature and emerging markets. According to preliminary data... read more

Bank of England develop blueprint to facelift UK payments system

28 Jan 16 @ 11:06

The Bank of England is set to develop a blueprint for the modernisation of the UK payments system. The document will highlight the changes from a 20-year old real-time gross settlement system to... read more

The changing payments landscape

27 Jan 16 @ 10:21

It was only a few years ago that banks owned the financial sector – the only way to pay, transfer and save money was via a traditional bank. The supremacy... read more

TSYS to acquire TransFirst for $2.35 billion

27 Jan 16 @ 09:05

TSYS announced it has entered into a definitive agreement with Vista Equity Partners to acquire TransFirst, a Vista portfolio company and leading US merchant solutions provider, in an all-cash transaction valued... read more

MasterCard introduces MasterCard Instalments

26 Jan 16 @ 14:44

MasterCard has announced the upcoming launch of MasterCard Instalments, an innovative way to pay that offers consumers flexible and convenient access to funds when needed. With MasterCard Instalments, cardholders will be... read more

Global study shows increasing security risks to payment data

26 Jan 16 @ 13:47

With acceptance of mobile and other new forms of payments expected to double in the next two years, a new global study shows a critical need for organisations to improve... read more

Rambus acquires Bell ID

26 Jan 16 @ 12:08

Rambus has announced it has acquired Smart Card Software Ltd which includes Bell Identification (Bell ID) and Ecebs Ltd (Ecebs) through the purchase of all outstanding shares of Smart Card Software,... read more

Mobile Payments Index: a third of global online transactions now mobile

26 Jan 16 @ 12:03

The 2015 Q4 edition (Sept-Dec) of the quarterly Mobile Payments Index, which tracks mobile payment data from browser-based transactions across Adyen’s customer base has been released. The key finding of this Mobile... read more

45 leading banks sign up to SWIFT global payments initiative

25 Jan 16 @ 16:44

SWIFT says that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015. The 45 participating firms include major transaction banks from... read more

VTB signs e-commerce partnership with Alibaba Group and Ant Financial in Russia

25 Jan 16 @ 16:23

VTB Bank and Ant Financial Services, China’s leading e-commerce and mobile financial service provider have today signed a memorandum of understanding at the World Economic Forum in Davos, Switzerland. Under this... read more

Jetco to bring P2P mobile payments to Hong Kong

25 Jan 16 @ 12:10

Hong Kong’s ATM operator is working to introduce a inter-bank solution for P2P mobile payments and peer-to-merchant payments. Jetco, which operates the cash machines of all banks in Hong Kong and Macau... read more

Samsung Pay to launch in Spain

25 Jan 16 @ 11:59

Samsung Pay is set to launch in Spain. CaixaBank and its ImaginBank subsidiary will enable their customers to start using Samsung’s mobile payment platform. While some banks have offered support to rival... read more

R3 conducts Blockchain trail with first 11 banks

21 Jan 16 @ 12:18

R3 CEV is set to trial its first Blockchain experiment using Ethereum and Microsoft Azure’s Blockchain as a Service, and involving 11 of its member banks. The R3-managed private peer-to-peer distributed ledger... read more

Modular financial services: The new shape of the industry

21 Jan 16 @ 11:54

Modular financial services, with digital distribution platforms, new product providers, alternative sources of capital and a growth in outsourcing fundamentally reshaping the industry. This is according to Modular Financial Services:... read more

Trending

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more