10 Nov 15 @ 13:27

Safaricom has reported a 24% jump in M-Pesa revenues to KES19.4 billion ($190 million) in H1 2015, as its active user base reached 15.7 million. Interestingly, the operator also revealed... read more

05 Nov 15 @ 12:35

05 Nov 15 @ 11:46

Having announced that Worldline reached an agreement with Equens on a transaction that will see Worldline receive 63.6% of newly created Equens shares in exchange of the merger, PCM takes a... read more

05 Nov 15 @ 08:57

Who can resist a deal? It seems nobody in the payments industry. Hot of the JV between Equens and Worldline, ACI Worldwide and PAY.ON, a leader in e-commerce payment gateway services, announced... read more

04 Nov 15 @ 15:50

According to figures released by the British Retail Consortium (BRC), UK retailers are preparing for a record-breaking Black Friday, with almost £1bn in online sales expected, while online sales over the... read more

04 Nov 15 @ 14:24

According to a new report, China is one of the largest and most mature e-commerce markets in the world, increasing at a CAGR of 56.99% over the last four years,... read more

04 Nov 15 @ 10:40

The Oberthur IPO is on ice in what seems like an embarrassing about face, the technology company has postponed its planned IPO, citing unfavourable market conditions. The group, which earlier this week posted... read more

04 Nov 15 @ 10:17

Worldline and Equens have jointly announced that they have signed a Memorandum of Understanding (MoU) on a strategic new entity. The strategic aim of the new entity is to be... read more

04 Nov 15 @ 08:53

Technology industry leaders Amazon, Apple, Google, Intuit and PayPal announced the formation of Financial Innovation Now, a coalition that will promote policies to help foster greater innovation in financial services.... read more

03 Nov 15 @ 11:22

Recent payments transaction data reported by the major card networks and the Federal Reserve Board has shown credit transaction growth exceeding debit transaction growth since 2012 (see Figure 1). This... read more

03 Nov 15 @ 10:47

The ways in which we pay and are paid are changing. Apple Pay has been launched in the UK, Barclays has announced that it will launch Android-based mobile payments later... read more

02 Nov 15 @ 11:57

Visa Inc. and Visa Europe have announced a definitive agreement for Visa Inc. to acquire Visa Europe, creating a single global company. The transaction consists of upfront consideration of €16.5 billion with... read more

02 Nov 15 @ 10:27

Amazon is to close its mPOS business, Local Register, which failed to catch on among the small businesses who were its supposed customers. Amazon Local Register did not gain much traction against... read more

02 Nov 15 @ 09:00

ATM Industry Association (ATMIA) issued a response to misleading statements about ATM fees contained in a rash of recent US news articles. Political reactions to those articles, branding the fees... read more

29 Oct 15 @ 11:56

European payments are being hit by several disruptive forces, including heightened levels of innovation, competition and regulation. One of the more significant changes is the European Union Regulation on the... read more

29 Oct 15 @ 09:42

Diebold is introducing two new banking concepts that harness emerging technology to create a vision of what the  might look like. Derived from the Responsive Banking Concept unveiled last year,... read more

29 Oct 15 @ 09:00

As well as cutting tens of thousands of jobs, shrinking the bonus pool and shedding billions of dollars of unwanted assets, John Cryan promised to rip out and replace much of... read more

28 Oct 15 @ 12:51

Apple Pay has cunningly formulated a clever tie up with American Express to bypass banks unwilling to give up their card fees by launching Apple Pay with American Express in... read more