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KPMG: mobile banking usage to double in 4 years

03 Aug 15 @ 14:37

The number of global mobile banking users is set to double to 1.8 billion over the next four years, according to research by KPMG, using primary survey data supplied by... read more

BACS reaches 100 million payments a day

03 Aug 15 @ 14:34

Over 103 million payments were processed in just one day at the end of July by BACS, the UK payment processing organisation. BACS has already achieved a number of transaction... read more

Fidelity and SunGard in acquisition talks

03 Aug 15 @ 14:30

Shares in US payment service provider Fidelity National Information Services have soared on speculation that it is in talks to buy financial technology conglomerate SunGard. Private equity-owned SunGard filed for... read more

Japan’s payment paradox

31 Jul 15 @ 16:20

A new report from payment consultancy Aite Group states that despite Japan being viewed as one of the most advanced payments nations in the world, it remains a cash-intensive society.... read more

Smart card IC shipments to reach 12.7 billion in 2019

31 Jul 15 @ 16:16

Shipments of smart card integrated circuits (ICs) are projected to increase from 9.6 billion in 2014 to 10.4 billion in 2015 and to 12.7 billion in 2019, according to research... read more

MasterCard and Samsung extend Samsung Pay in Europe

31 Jul 15 @ 16:12

MasterCard and Samsung Electronics have announced they are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver the mobile payment service Samsung Pay in Europe. Samsung... read more

NatWest online banking crashes again

31 Jul 15 @ 16:09

UK bank NatWest, part of the RBS group, has suffered another online banking crash which has affected thousands of users. The latest IT failure comes only six weeks after the... read more

MasterCard pays out $61 million to settle Tesco interchange suit

31 Jul 15 @ 16:06

MasterCard has paid out $61 million to UK supermarket retailer Tesco in what is expected to be the first of several settlements by card schemes over interchange fee lawsuits lodged... read more

Global mPOS installed base to quadruple to 54 million units

31 Jul 15 @ 09:00

Mobile point of sale (mPOS) growth continues as the technology deepens its reach across vertical industries, merchant tiers and geographies. 451 Research projects the global mPOS installed base will grow... read more

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

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