magazine

Latest Issue

THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

Thales issues Visa Ready security certification for mobile payments

04 Sep 15 @ 12:03

Thales has announces that its Information Technology Security Evaluation Facility (ITSEF), a long standing partner of Visa, is the first facility to have carried out the certification of the Antelop Payments... read more

2 in 5 Americans use mobile banking monthly

04 Sep 15 @ 11:30

Two in five Americans (39%) use a mobile banking to manage their bank account at least once per month and nearly half of mobile device owners (45%) do so, according to... read more

First Internet Bank uses Eyeprint ID biometrics for app

03 Sep 15 @ 16:43

Users of the First Internet Bank (FIB) mobile banking app can now login using Eyeprint ID verification technology, allowing customers to access their bank account with a smartphone camera and an... read more

Dwolla starts white-label service

03 Sep 15 @ 16:33

Dwolla has launched a “white-label” payments processing service, meaning other businesses and banks can sign on to use Dwolla’s money-transfer system, but won’t have to put Dwolla’s label on it. Dwolla CEO Ben... read more

Real-time cross-border payments – ISO 20022

03 Sep 15 @ 12:12

Real-time cross-border payments might soon be a reality, thanks to the efforts of a new payments industry group. But is there a business case for adopting the ISO 20022 standard?... read more

Four in ten won’t need cash in ten years time

03 Sep 15 @ 11:47

The latest research from Lloyds Bank on the future of payments shows many people believe they won’t need cash in the near future as they increasingly turn to cards, contactless payments... read more

Payments UK issues code of conduct

02 Sep 15 @ 16:18

Trade association Payments UK has published an initial code of conduct covering ‘indirect access’ to the UK’s payment systems. The principal aim of the code is to improve the experience... read more

EVO acquires Citi’s Merchant Acquiring business in Mexico

02 Sep 15 @ 16:03

EVO Payments International (EVO) has announced the successful completion of the purchase of Citigroup’s merchant acquiring business in Mexico, conducted through Banco Nacional de Mexico S.A. (Banamex), a wholly-owned subsidiary of Citigroup.... read more

TSYS signs payments agreement with Metro Bank

02 Sep 15 @ 15:58

TSYS announced that it has signed an agreement to process Metro Bank’s credit and debit card portfolios on TSYS’ TS2 processing platform, as well as provide Metro Bank fraud management services... read more

India joins Better Than Cash Alliance

02 Sep 15 @ 09:08

India has joined the UN-based Better Than Cash Alliance as it bids to accelerate the country’s migration to electronic payments as part of a more general strategy to boost financial... read more

How European Issuers can win with Tokenised NFC m-payments

01 Sep 15 @ 16:41

Apple Pay’s 14th July expansion into the UK arrival promises to expand m-payment capabilities into retail locations and greatly increase consumer awareness of the benefits and availability of m-payments. Most... read more

UK spend limit on contactless cards lifted

01 Sep 15 @ 15:30

UK consumers will now be able to spend up to £30 using contactless cards after the limit was increased. The limit per transaction for contactless cards, which do not require a... read more

Apple hack

01 Sep 15 @ 13:31

It has emerged that hackers have used a virus to steal Apple account details from 225,000 iPhones in what is thought to be the biggest theft of its kind. The Apple... read more

Safaricom closes loophole in M-Pesa

01 Sep 15 @ 13:15

Safaricom has introduced new charges for the transfer of funds from customers’ bank accounts to third-party M-Pesa wallets – sealing a loophole that lenders have been using to by-pass Safaricom when sending money. The... read more

PayPal raises US prices

01 Sep 15 @ 13:06

PayPal says it will increase prices for thousands of businesses as the company looks to maintain revenue growth and boost profit margins as a stand-alone business separate from eBay. PayPal says it is... read more

Durbin effect on debit card costs mixed

28 Aug 15 @ 13:05

The Durbin Amendment may not be reducing merchants’ debit card acceptance costs to the degree its supporters had hoped, and it has not encouraged many retailers to pass savings on... read more

Ingenico joins Worldpay bid melee

28 Aug 15 @ 12:56

Ingenico has submitted a bid to buy Worldpay, two sources familiar with the matter say, as the contest heats up to take control of Europe’s leading payments processor. Worldpay, owned... read more

CaixaBank launches the CaixaBank Pay mobile payment service

28 Aug 15 @ 12:37

CaixaBank has launched ‘CaixaBank Pay’, a new app for any NFC-enabled or android devices. The bank estimates that the service could be used by more than 70% of its mobile banking... 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

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

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more