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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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The economics of hacking

30 Jul 15 @ 12:00

After a series of high-profile hacking attacks, many companies are considering more aggressive tactics to fight back against cyber crime, including “active defence” strategies. The most controversial is “hacking back”... read more

Global NFC handset sales drive payments cool factor

30 Jul 15 @ 11:36

As the world mourns the loss of a former king of the handset manufacturing world and Microsoft licks its wounds in writing down about $7.6 billion on the Nokia division,... read more

Citibank India and MasterCard launch Citi MasterPass

30 Jul 15 @ 11:00

Citibank India and MasterCard announced the launch of Citi MasterPass, the first global digital wallet in India, making Citibank debit and credit card customers the first in the country to be... read more

ING Bank launches voice biometric payment system

30 Jul 15 @ 10:30

While banking customers have already been able to use the voice control mode on the ING Netherlands app, now they can also make voice-activated payments leveraging voice biometric technology. A... read more

Update on changes to the new Payment Services Directive (PSD2)

30 Jul 15 @ 09:30

The arrival of the new Payment Services Directive (PSD2) in the internal market repealing the current Payment Services Directive 2007/64/EC (PSD1) has been a closely monitored development since the publication... read more

Cyber security: When 95% isn’t good enough

29 Jul 15 @ 13:26

According to a very interesting article in the FT – two weeks after hackers broke into Sony Pictures’ computer systems, deleting important company files and exposing embarrassing emails, technology experts... read more

Regulation helps drive continued expansion of China ATM market

29 Jul 15 @ 13:12

China remained the world’s largest ATM market in 2014, with installations increasing by 18% to reach 615,000 ATMs. The research by RBR also notes the significant impact that government regulation and guidance... read more

Instant payments at POS – overcoming customer and merchant barriers

29 Jul 15 @ 11:06

Over the past several years, instant payments have become an increasingly important part of the payments landscape. The Euro Retail Payments Board (ERPB), European Central Bank (ECB), European Payments Council... read more

HKT launches NFC mobile payments

29 Jul 15 @ 10:21

HKT Payment, a subsidiary of  Hong Kong Telecommunications (HKT) has launched a SIM-based NFC mobile payments service to let customers pay at more than 3 million locations worldwide which accept MasterCard PayPass,... read more

Stripe lands new funding with Visa

29 Jul 15 @ 10:02

Stripe has won a new round of funding from investors that include Visa, Sequoia Capital and American Express, the funding values the company at $5 billion. The actual value of the funding has not... read more

Cyber attack Open Threat Exchange sharing platform

28 Jul 15 @ 13:26

Banking bosses say that a cyber attack is among their biggest fears, with nearly 80% of chief executives of financial services firms worrying about this potential risk. But five months... read more

CEE joint venture to provide merchant payment services

27 Jul 15 @ 15:38

Erste Group Bank AG (Erste Group) has entered into an agreement with Global Payments to establish a joint venture providing merchant acquiring and payment processing services (merchant payment services) to... read more

Wind of Change for Card Acquirers – Challenges for the card acquirer service model

27 Jul 15 @ 14:54

Obviously, the consolidation within the European acquiring industry market is underway. The country profiles of the Payment Cards Statistical Yearbooks provide the individual background of the card acquirers by country,... read more

Social media to drive mobile money transfer market

27 Jul 15 @ 12:20

In a new report from Juniper Research it is projected that the number of mobile money transfers globally will increase by nearly 150% in 2015 to more than 13bn, with several social media... read more

Square files “confidential” IPO

27 Jul 15 @ 11:59

Square is rumoured to have filed an IPO, a person familiar with the matter said. Square filed its prospectus under the Jumpstart Our Business Startups Act, which permits companies with under... read more

Wearables for retail payments?

24 Jul 15 @ 16:02

Wearable technology is set to become an everyday part of retail on the shelves, on the shop floor, in the stock room and in the back office. In just a... read more

$5.6 trillion SME international money transfer market

24 Jul 15 @ 15:04

The SME international money transfer market is large and well-established with over 100m businesses worldwide, increasing by nearly 8% annually. These businesses represent a huge FX and money transfer market, making... read more

Global smartphone shipments increase 11.6%

24 Jul 15 @ 11:34

Global smartphone shipments rose 11.6% year-on-year in the second quarter to 337.2 million, according to market researcher IDC. This is the second highest quarterly total on record, with growth sustained... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more