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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

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

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more