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MasterCard gaining ground on Visa in the Americas

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

Cash still king despite e-payment growth

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

FI’s exposed to money laundering risk

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

Apple Pay to launch in China with UnionPay

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

Payments UK launches SEPA payment portal tool

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

British consumers are using online banking – 40% using Smartphones

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

Russia launches domestic payment system

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

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

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