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Mobile payment rivals line up challenge to Alipay

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

Banks increase spending on payment technology

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

Android Pay launch in app purchasing

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

Millennials putting their personal data at risk

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

China UnionPay launch Quick Pass mobile payment service

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

A decade of UK payment cards spending data shows boom

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

A note from the PSR on domestic interchange fee caps in the UK

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

Top 5 Payment Trends for 2016

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

BIXOLON launches next generation POS receipt printer

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

Microsoft follows Apple into carrier billing

11 Dec 15 @ 12:58

After Apple has begun trying out carrier billing, a way of using your phone bill to make purchases. Apple users in Germany and Russia can make purchases through their phone bill on their iTunes... read more

Global Payments in talks to acquire Heartland Payment

11 Dec 15 @ 11:13

US transactions processor Global Payments is rumoured to be in talks to buy smaller rival Heartland Payment Systems, according to people with knowledge of the matter. Shares in both companies... read more

Walmart enters mobile payments space with Walmart Pay

10 Dec 15 @ 16:39

Oh dear. Walmart has announced that it will get into the mobile payments business with Walmart Pay, the first US retailer to make its own push for consumers to use their... read more

MIF Regulation: have you paid attention to article 10?

10 Dec 15 @ 11:35

As is now commonly known, the MIF Regulation, EU Regulation 2015/751 – on Interchange Fees for Card-Based Payment Transactions – will be significant for the payment industry for many reasons,... read more

VocaLink and The Clearing House sign real-time payment services deal in US

10 Dec 15 @ 11:00

VocaLink has signed a contract with The Clearing House (TCH) to develop a national real-time payment service in the US. In October, the two companies announced they had signed a... read more

Predicting the cyber security future in 2016

10 Dec 15 @ 10:59

When your everyday life is all about information and cyber security, you start to see patterns that may not be so obvious to others. Each year, I take my best... read more

EU aligns on interchange rates as regulation kicks in

09 Dec 15 @ 15:31

The 9th of December marks a significant date for interchange rates across the Europe as all EU countries align their domestic credit (0.3%) and debit card (no more than 0.2%) rates.... read more

Contactless cards breakthrough in Europe

09 Dec 15 @ 14:54

Contactless cards have finally taken off in Europe with spectacular growth in the number of cards and the volume of payments during 2014. The rollout of contactless cards and adoption... read more

EPC publish latest version of SEPA Cards Standardisation Volume

09 Dec 15 @ 14:25

The European Payments Council (EPC), representing payment service providers, and the Cards Stakeholders Group (CSG), a multi-stakeholder body gathering retailers, vendors, processors, card schemes and the EPC, today published version... read more

Trending

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

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more