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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

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

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