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Target breach: MasterCard eyes fresh settlement

21 Aug 15 @ 15:40

Target’s recent settlement with Visa to reimburse card issuers up to a reported $67 million for expenses related to the retailer’s 2013 data breach may pave the way for a similar... read more

Advanced Payments – Which paths to success?

20 Aug 15 @ 15:49

PCM in partnership with Edgar, Dunn & Co. and American Express unveil the findings of the latest Advanced Payments Survey. The annual Advanced Payments Survey, which this year has been... read more

The Omni-channel challenge in Retail payments

20 Aug 15 @ 12:18

More and more merchants in Europe feel the need to offer their services via multiple channels (i.e. physical stores, online, mobile etc.), embracing the so-called omni-channel retail approach. “In terms... read more

Identity theft and ATM-related fraud top payments security concerns

20 Aug 15 @ 11:51

According to the inaugural MasterCard Safety and Security Index, consumers across Southeast Asia and Greater China cited identity theft and ATM-related fraud as the top two security concerns when it... read more

Increasing appetite for mobile contactless payments in Germany

20 Aug 15 @ 10:27

Mobile contactless payments based mobile payments are gradually gaining prominence in Germany, with consumer preference for secure payment services also gaining ground, finds a new report by Timetric. According to... read more

Mobile payments poised for explosive growth

19 Aug 15 @ 16:10

Worldwide mobile payments will account for $1 trillion in value in 2017, up 124% from the less than $500 billion expected in 2015. Asia/Pacific markets will contribute to this growth... read more

Target agrees $67 million for Visa data breach

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

Bitnet and PAY.ON strategic partnership to enable simplified Bitcoin acceptance

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

Visa and QIWI mass launch of contactless phone payments

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

Are fingerprints the new passwords?

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

US retailers to begin public tests of CurrentC

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

Apple Pay fights over fees with big Australian banks

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

As smartphones evolve into wallets manufacturers forget about the basics

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

US Debit interchange rates falling

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

Research reveals little impact from mobile payments on cash use

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

European Issuers can thrive in a tokenisation enabled ecosystem

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

Samsung Pay teams with card schemes and banks for launch

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

PayPal Here enables SMEs to take contactless payments

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

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