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Millennials protest against ineffective security practices

07 Sep 15 @ 16:17

Intercede, the digital identity company, released the findings of a new consumer survey that suggests Millennials in the US and UK are losing trust in today’s Digital Economy. Fewer than 5%... read more

Contactless mobile wallets to surge

07 Sep 15 @ 15:57

The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, according to new statistics from Juniper Research. This would represent growth... read more

Equity continues fight with M-Pesa

07 Sep 15 @ 15:48

As the gloves come off in the battle between Equity and Safaricom, Equity Bank has written to the financial sector regulator protesting Safaricom’s increase of M-Pesa tariffs on transfers made... read more

Cardless cash money transfer at ATM now available

07 Sep 15 @ 15:37

Moldindconbank, one of Moldova’s largest and most innovative banks, has launched a cardless, cash money transfer service. The service, developed by OpenWay, makes it possible to receive a cash money... read more

Banks launch SEPA-based mobile P2P payments service

04 Sep 15 @ 12:50

The four leading Luxembourg retail banks and Digicash Payments have launched a P2P payments feature called Digicash TRANSFER. Users can send up to €10,000 to a recipient’s mobile phone number, using... read more

Australia court fines Visa $12.6m for anti-competitive conduct

04 Sep 15 @ 12:13

Visa has been penalised $18 million for attempting to block the expansion of its rivals in Australia. Justice Michael Wigney of the Federal Court handed down the penalty plus $2 million... read more

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

Trending

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more