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Equens expands portfolio to include end-to-end instant payment

09 Dec 15 @ 14:16

Recently merged Equens is expanding its product portfolio to include an end-to-end pan-European instant payment service. The instant payment solution will not only deliver an interbank automated clearing and settlement... read more

Apple launches Carrier Billing in emerging markets

08 Dec 15 @ 16:56

Last month Apple turned on carrier billing in iTunes in Germany, allowing consumers to charge things like app payments and music purchases to their mobile account instead of credit or debit... read more

Fiserv patent battle with FIS dismissed by US court

08 Dec 15 @ 12:30

“Fiserv is betting big,” said Nancy Atkinson, a senior analyst at Aite Group back in 2012. “Fiserv is trying to exert dominance over FIS. These two companies are huge rivals.”... read more

Payment Business School announce the roll-out of a series of retail and mobile payments training courses

08 Dec 15 @ 12:21

Digital payments experts Consult Hyperion have partnered with the Payment Business School, specialists in payment education, to roll-out a series of in-depth training courses in 2016 on a range of... read more

Worldwide smartphone market

07 Dec 15 @ 15:05

According to a new forecast from the International Data Corporation (IDC ) Worldwide Quarterly Mobile Phone Tracker, 2015 will be the first full year of single-digit worldwide smartphone growth. IDC... read more

UK Card expenditure statistics 2015

07 Dec 15 @ 14:49

The value of the average contactless transaction increased in Septembers a result of the increase in the contactless payment limit, the latest card expenditure statistics from The UK Cards Association... read more

ING activates contactless mobile payments

07 Dec 15 @ 14:30

ING has added contactless mobile payments to its mobile banking app for Android smartphones, rolling out the service to all Dutch customers nationwide following a three-month trial run. The HCE-based... read more

US proximity mobile payments hit $8.71 billion in 2015

04 Dec 15 @ 17:16

Proximity mobile payments in the US are set to ramp up aggressively. Transaction value will triple in 2016 due to a growing user base, broader merchant acceptance and the greater... read more

Early Warning and clearXchange partner for real-time payments

04 Dec 15 @ 12:43

Early Warning Services announced on October 26th that it has entered into an agreement to acquire clearXchange, which will create a bank-owned real-time payments system with unparalleled DDA connectivity. The... read more

MasterCard and Visa continue to grow share of the European cards market

04 Dec 15 @ 12:26

International card schemes MasterCard and Visa now account for 86% of all payment cards in Europe, as domestic and private label schemes continue their decline. Global Payment Cards Data and... read more

US credit card market picks up

04 Dec 15 @ 12:01

The US credit card market is showing signs of recovery, with credit cards gradually gaining traction among US consumers. Credit cards accounted for 43.4% in terms of transaction value, a... read more

BBVA Bancomer announce commercial rollout of Dynamic Code Verification

27 Nov 15 @ 14:11

BBVA Bancomer, the leading financial institution in Mexico serving over 20 million customers, is to roll out Dynamic Code Verification (CVV/CVC) solution protecting against Card-Not-Present (CNP) fraud. This is the first commercial... read more

EPC proposal for pan-European instant credit transfer scheme

27 Nov 15 @ 13:57

The European Payments Council (EPC) released its proposal for the design of a pan-European instant credit transfer scheme, dubbed SCT Inst scheme. This proposal is part of the Euro Retail... read more

Dark Markets: Anonymity in Bitcoin

27 Nov 15 @ 13:11

Bitcoin is a powerful and successful digital currency. Based on cryptography and a decentralized ledger, it has simultaneously been heralded as the future of finance and a gateway to the... read more

Electronic payments grow faster than GDP across all regions

26 Nov 15 @ 16:32

Electronic payments 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

Merchant fraud-to-sales losses up on 2014

26 Nov 15 @ 16:22

Merchants are experiencing an increase in fraud, losing 1.32% of revenue to fraud on average compared to 0.68% in 2014, according to the annual LexisNexis True Cost of Fraud Study.... read more

European Court of Justice declares Safe Harbour invalid – what are the implications?

26 Nov 15 @ 10:40

On 06 October 2015, the European Court of Justice (ECJ) ruled that the Safe Harbour agreement, which allows data to be transferred between the EU and US, was invalid as... read more

OpenWay recognised as global market leader in card management software

26 Nov 15 @ 09:41

OpenWay, a global provider of software solutions for card management software, bank card issuing and acquiring, transaction switching and omni-channel payments, has been recognized as ‘Market Leader’ by Ovum, an... 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