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PayPal shares jump on eBay split – company valued at $50bn

20 Jul 15 @ 16:28

PayPal shares are up 5% in its first day as a separate and publicly traded company. The payments system company officially split with eBay on Friday, 10 months after they... read more

NCR shares surge on $9bn PE buyout rumours

20 Jul 15 @ 16:02

Thoma Bravo has been speaking to some of its largest private equity investors about putting together a bid for NCR Corp that could value the ATM maker at around $9... read more

Apple e-commerce platform based on your credit card balance

20 Jul 15 @ 10:41

Who said payments wasn’t sexy? Just weeks after applying for a new P2P payments patent and the launch of Apple Pay in the UK, it is rumoured that Apple has... read more

How to ace mPOS functional and security testing

20 Jul 15 @ 10:17

The explosion of mobile point-of-sale (mPOS) technology has seen a host of new players enter the market, each seeking to carve out a place in a global market predicted to... read more

Samsung Pay trial launches in Korea

17 Jul 15 @ 14:09

Samsung has announced the launch of its new mobile payments platform trial in Korea. The Samsung Pay month-long trial is in preparation for a global roll out to more regions. The... read more

Darkode hacking forum smashed – 12 charged

17 Jul 15 @ 13:54

US authorities working with law enforcement officials abroad say they have shut down the Darkode online forum used by cybercriminals around the world and charged 12 people linked to the... read more

Mobile Identity: the fusion of financial services, mobility and identity

17 Jul 15 @ 13:35

A new report looks into generational change – particularly as it affects Gen X and Y, who together make up half of the global population . Their adoption of mobile... read more

The debit card goes mobile in Austria

17 Jul 15 @ 13:02

PSA Payment Services Austria launched a new mobile debit card. The popular and familiar form of payment is now available for NFC-enabled mobile phones to make contactless, mobile and secure payments.... read more

Buy Buttons aim to entice mobile shoppers

16 Jul 15 @ 14:31

Now several companies, including Google, Facebook, Twitter and Pinterest, are trying to bridge the gap between mobile browsing and desktop purchasing with a simple “buy” button. Buy buttons have been... read more

First bank deposit network for receipt of payments across 23 African nations

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

BNP Paribas joins CHAPS Payment System

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

New data security standards published

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

The millennials have arrived

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

US credit card use growth rate overtaking debit

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

Dyre malware reboots for holiday phishing attacks

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

Payments in the spotlight at RBTE 2016

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

Apple Pay launches in UK

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

Iranian banks rejoin SWIFT

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

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