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

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

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

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

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

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

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

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

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

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

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

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

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

25 Nov 15 @ 13:48

In  a new report from Worldpay it is predicted that the alternative payment market will leave its growing pains behind in 2016. 2016 will herald “the third age of digital payments” now that... read more

25 Nov 15 @ 12:29

In a statement released yesterday, Hilton Hotels confirmed it had been hit by a malware data breach that stole customer payment data at the checkout, becoming the latest hotel chain... read more

25 Nov 15 @ 11:36

Threat intelligence experts, iSIGHT Partners, say they have analyzed the most sophisticated POS malware they have seen to date – ModPOS. ModPOS, which is short for modular point-of-sale (POS) system, is a comprehensive... read more

25 Nov 15 @ 11:26

£1.9bn will be spent on Visa cards on Friday 27th November – Black Friday – making it the biggest day for spending on this day in history. This year’s event... read more

24 Nov 15 @ 09:19

Crédit Mutuel ARKEA has partnered with AIRTAG for the launch of an HCE mobile payment solution. The cooperation dates back to June 2014 when Crédit Mutuel ARKEA selected AIRPASS as... read more