19 Aug 15 @ 11:41
Target has reached a $67m agreement with Visa over the massive data breach of customers’ payment data during the 2013 holiday shopping season that raised serious questions about the company’s data... read more
19 Aug 15 @ 11:19
Bitnet, an enterprise bitcoin payments processor, and PAY.ON have entered a strategic partnership that will enable payment service providers globally to offer bitcoin as a payment method via PAY.ON’s RESTful API-based payment... read more
19 Aug 15 @ 11:11
QIWI and Visa have implemented a new stage of their strategic partnership, which has resulted in integration of Visa payWave’s contactless technology into Visa QIWI Wallet. Now e-wallet customers can pay using... read more
18 Aug 15 @ 17:15
Ever since Apple introduced TouchID for iPhones, more and more smartphones feature fingerprint scanners. And that has some security researchers worried. “If you leak a password, you can just change it;... read more
18 Aug 15 @ 14:31
MCX, three years after deciding to enter the mobile payment market with CurrentC, a group of large retailers is finally doing it. Merchant Customer Exchange (MCX), a partnership between large... read more
18 Aug 15 @ 13:25
According to Sydney Morning Herald, Australia’s largest banks are fighting with Apple, as it tries to muscle Apple Pay into the hotly contested payments market. According to sources, fees are a big sticking... read more
18 Aug 15 @ 11:50
Smartphones have evolved to the point where they are now starting to replace our purses and wallets, yet almost two thirds (62%) of mobile users think they are evolving so... read more
17 Aug 15 @ 17:12
A new study by Pulse examined transactions made from 2004 to 2014 from more than 70 debit issuers involving 147 million debit cards and approximately 68,000 ATMs. Debit issuers received... read more
17 Aug 15 @ 16:54
The ATM Industry Association (ATMIA) has released a new research paper, “US Mobile Payments: Do They Disrupt Cash?” which examines the impact of mobile payments on the growth of cash. Despite... read more
17 Aug 15 @ 16:41
TSYS has announced the publication of a new white paper titled “How European Issuers Can Thrive in an Ecosystem Defined by Tokenisation-Enabled NFC Payments.” The white paper explains that the recent... read more
14 Aug 15 @ 15:41
Tech giant Samsung will launch its mobile payments service Samsung Pay in South Korea later this month, with Visa, MasterCard and major banks lining up for a US launch in... read more
14 Aug 15 @ 15:38
PayPal is now selling NFC-enabled card readers on its website aimed at small businesses, enabling them to accept contactless payments. The PayPal Here card reader costs £79.95 and is followed... read more
14 Aug 15 @ 15:35
Global acquirer and payment service provider EVO Payments International has formed a strategic alliance with pan-European banking group Raiffeisenbank for card acceptance in the Czech Republic. As a result of... read more
13 Aug 15 @ 17:00
Danish digital currency processor Coinify has acquired Dutch rival processor Coinzone in order to create a pan-European provider of payment processing for online merchants and payment service providers. The deal... read more
13 Aug 15 @ 16:57
Commonwealth Bank of Australia (CBA) has apologised to its customers following a system error that saw customers being double-charged for debit, credit and mobile payments over a six-day period. The... read more
13 Aug 15 @ 16:53
BlackBerry has teamed up with e-commerce giant PayPal for a trial that lets BBM users in Canada send and receive money through its messaging service. Upon connecting their PayPal account,... read more
12 Aug 15 @ 17:31
The mobile channel is catching up with the internet and branch as the most popular banking channel for US consumers, according to an American Bankers Association (ABA) survey. The ABA... read more
12 Aug 15 @ 17:28
UK person-to-person mobile payments service Paym has recorded more than three-quarters of a million transactions in the first half of 2015. Paym lets users make payments from within their banking... read more
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
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
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