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European cross-border and card-not-present fraud on the rise

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

Equity launches thin SIM mobile money service

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

Death of pocket money – parents pay digitally

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

UK businesses losing out if they do not have contactless

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

Innovation in payments initiatives

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

First Data to IPO

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

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

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