16 Jul 15 @ 13:11

Transfast, a little known provider of online, cross-border p2p payments solutions, has announced the launch of its proprietary bank deposit network into 23 African nations – the most extensive of... read more

16 Jul 15 @ 12:08

CHAPS Co. the UK’s same day high-value electronic payment system, has announced the addition of BNP Paribas as a Direct Participant onto its system.   As a Direct Participant, BNP... read more

16 Jul 15 @ 11:51

Following various high-profile encryption protocol vulnerabilities, the PCI Security Standards Council has published an out-of-schedule update to the PCI Data Security Standards (PCI DSS) and Payment Application Data Security Standard... read more

15 Jul 15 @ 15:47

The digital decade has re-shaped industries as far afield as healthcare and retail. By contrast, the financial services industry has remained relatively unaffected, until now. With a generation of ‘digital... read more

15 Jul 15 @ 15:33

US credit card use appears to be growing faster than debit card use, according to a new Federal Reserve Bank of Philadelphia report. The report shows between 2007 and 2012,... read more

15 Jul 15 @ 10:40

Shortly after online banking customers in the UK were warned of a major phishing campaign using the notorious Dyre malware designed to steal financial data, the malware has resurfaced in a new iteration... read more

15 Jul 15 @ 09:53

RBTE, Europe’s largest retail solutions gathering will be putting an even greater focus on the topic of payments for its 2016 event. Since its launch RBTE has been the leading... read more

14 Jul 15 @ 16:20

Despite the fact that PCM readers have known for weeks that Apple Pay was to launch in the UK on the 14th of July – it did launch. However, depending... read more

14 Jul 15 @ 15:53

Just hours after the historic settlement and lifting of years old sanctions against Iran regarding their nuclear capabilities, the Iranian banks have rejoined the SWIFT international banks settlement network. Iran’s Day... read more

14 Jul 15 @ 14:29

The Western Union Company and PKO Bank Polski, the largest Polish bank, have enabled Western Union Money Transfer transactions originated from nearly anywhere in the world to be paid out at more... read more

13 Jul 15 @ 16:11

Vodafone India has formed a strategic partnership with Walmart India that will enable business members of Walmart-owned Best Price wholesale stores to make payments using the M-Pesa mobile wallet services. The partnership will... read more

13 Jul 15 @ 15:49

The Danish Bitcoin outfit CCEDK has announced that it is coming out with its own Bitcoin debit card. In addition to strictly storing the funds as Bitcoin or USD, the user... read more

13 Jul 15 @ 12:08

Nigeria has recorded a total transaction of N700 billion, about $3.5 billion, through the mobile money banking system since 2012, according to the  Central Bank of Nigeria (CBN). The Director,... read more

13 Jul 15 @ 11:57

American Express has revealed an online checkout service that works across desktop, mobile and apps to let US card holders make payments with their existing AmEx user ID and password, without having... read more

13 Jul 15 @ 11:46

GlobalPlatform, the organization which standardizes the management of applications on secure chip technology, has published a white paper, which introduces the Trusted Execution Environment (TEE) and examines its role in addressing an... read more

10 Jul 15 @ 11:37

Debit card transaction values increased from $274.9 billion in 2010 to $315.3 billion in 2014, at a CAGR of 4.90%; while, the credit card transaction values recorded a CAGR of... read more

09 Jul 15 @ 14:54

The European Commission has sent a Statement of Objections to MasterCard. The Statement of Objections outlines the Commission’s preliminary view that MasterCard’s rules prevent banks from offering lower interchange fees... read more

09 Jul 15 @ 14:45

Once the darling of the mobile handset world, the acquisition of Nokia by Microsoft was supposed to unleash a new powerhouse in mobile handsets. Unfortunately, as Tom O’Meara writes, The longer... read more