29 Jul 15 @ 10:02

Stripe has won a new round of funding from investors that include Visa, Sequoia Capital and American Express, the funding values the company at $5 billion. The actual value of the funding has not... read more

28 Jul 15 @ 13:26

Banking bosses say that a cyber attack is among their biggest fears, with nearly 80% of chief executives of financial services firms worrying about this potential risk. But five months... read more

27 Jul 15 @ 15:38

Erste Group Bank AG (Erste Group) has entered into an agreement with Global Payments to establish a joint venture providing merchant acquiring and payment processing services (merchant payment services) to... read more

27 Jul 15 @ 14:54

Obviously, the consolidation within the European acquiring industry market is underway. The country profiles of the Payment Cards Statistical Yearbooks provide the individual background of the card acquirers by country,... read more

27 Jul 15 @ 12:20

In a new report from Juniper Research it is projected that the number of mobile money transfers globally will increase by nearly 150% in 2015 to more than 13bn, with several social media... read more

27 Jul 15 @ 11:59

Square is rumoured to have filed an IPO, a person familiar with the matter said. Square filed its prospectus under the Jumpstart Our Business Startups Act, which permits companies with under... read more

24 Jul 15 @ 16:02

Wearable technology is set to become an everyday part of retail on the shelves, on the shop floor, in the stock room and in the back office. In just a... read more

24 Jul 15 @ 15:04

The SME international money transfer market is large and well-established with over 100m businesses worldwide, increasing by nearly 8% annually. These businesses represent a huge FX and money transfer market, making... read more

24 Jul 15 @ 11:34

Global smartphone shipments rose 11.6% year-on-year in the second quarter to 337.2 million, according to market researcher IDC. This is the second highest quarterly total on record, with growth sustained... read more

24 Jul 15 @ 11:16

Visa Inc. has confirmed it is in talks to reunite with former subsidiary Visa Europe in a deal that would give the global company more scale to compete with rival... read more

23 Jul 15 @ 10:32

Following the launch of Apple Pay in the UK last week, new MasterCard figures show that the British public are willing to embrace mobile payments despite some hesitation. 1 in... read more

23 Jul 15 @ 10:21

Consumer group Which? has warned that data from contactless debit and credit cards is at risk of being intercepted by thieves. All 10 credit and debit cards tested revealed some... read more

22 Jul 15 @ 13:44

Card fraud losses across 19 countries in Europe rose an average of 6% in 2014, according to a new report based on data from Euromonitor International. But the low overall rise... read more

22 Jul 15 @ 10:52

Equity Bank has launched its telecommunications services under Equitel, the brand name for its fully-owned subsidiary Finserve Africa. The largest lender by customer base has been issuing ordinary SIM cards at its banking... read more

22 Jul 15 @ 10:26

Traditional cash pocket money is dying out as increasing numbers of parents are paying their children’s pocket money digitally, according to new research from Intelligent Environments. However, in spite of... read more

22 Jul 15 @ 09:08

As usage of contactless cards has trebled, just under half of consumers (47%) expect, or would prefer, businesses to offer contactless payment for low-value transactions, according to new research from... read more

21 Jul 15 @ 15:42

A global study of over 300 banking and financial services executives shows that, for the first time, innovation is ranked as important as regulation. The research also reveals that mobile... read more

21 Jul 15 @ 11:37

First Data has taken its initial step towards a multibillion-dollar listing. First Data filed its paperwork for an IPO on Monday, but gave few details on the upcoming deal. The filing said it could... read more