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Candian telcos launch mobile wallet app Suretap

23 Jun 15 @ 16:21

As companies globally race to position themselves in the swap of physical wallets and plastic cards for virtual ones, Canada’s largest telcos unveiled the grand expansion of their mobile payments app –... read more

Capitalizing on digital influence in retail

23 Jun 15 @ 11:50

For the third year, Deloitte Digital conducted a survey with thousands of consumers to understand how they engage with digital when shopping, and to quantify how these interactions influence their... read more

Amex loses out at POS

22 Jun 15 @ 15:40

After years of prohibiting merchants who accept its cards from steering customers to other brands, American Express is being forced to lift those restrictions. The change comes after a federal judge... read more

First Data launches Clover Mini POS

22 Jun 15 @ 15:33

First Data has launched a tablet-based mini POS system dubbed Clover Mini. Aimed at small businesses, the Clover Mini is a small POS system that is aimed at competing with Poynt,... read more

Nine drivers of mobile money identified as consumers embrace mobile

22 Jun 15 @ 11:57

Global trade body Mobile Ecosystem Forum (MEF) has released its annual Global Mobile Money report. As new mobile payment models come online, and more sectors embrace mobile as the primary channel... read more

Mobile banking the UK’s number one way to bank

22 Jun 15 @ 11:41

Mobile banking by smartphone and tablet has become the leading way customers manage their finances, as mobile banking overtakes branches and the internet as the most popular way to bank.... read more

Western Union remittance deal with MasterCard in Romania

19 Jun 15 @ 15:07

Western Union, the global remittance specialist, and MasterCard have entered into a deal that will enable remittances originated from nearly anywhere across the globe to be received on Maestro and... read more

Russian man gets personal with biometrics

19 Jun 15 @ 15:04

A Russian engineer has made biometrics personal by implanting a contactless transit chip in his hand. The engineer took the chip from his public transit Troika card, wrapped it in... read more

RBS to boost IT spend after latest failure

19 Jun 15 @ 15:01

Royal Bank of Scotland (RBS) is pledging to invest another £150 million a year to improve the strength of its IT systems, following the latest breakdown which saw 600,000 transactions... read more

Verifone to offer mPOS with payworks

18 Jun 15 @ 15:47

Verifone, a global provider of payment and commerce enablement technology and services, has partnered with payworks to offer mPOS. The two companies provide a joint product package based on Verifone’s... read more

UK cardholders spend £26 billion abroad

18 Jun 15 @ 15:44

Last year UK holidaymakers spent £26.4 billion using their cards overseas, making almost 14 transactions every second, according to figures from the UK Cards Association. For the first time annual... read more

ICA Banken goes contactless with Oberthur

18 Jun 15 @ 15:40

Oberthur Technologies, a global digital security solutions specialist, and Sweden’s ICA Banken have announced the launch of the first dual interface contactless payment cards in Sweden. ICA Banken and Oberthur... read more

Small World FS partners with Bharti Airtel in Africa

18 Jun 15 @ 15:37

Small World FS, a European fintech payment services provider, has announced a partnership with Bharti Airtel, the Indian multinational telco services company. Small World FS customers will now be able... read more

Domestic Card Schemes in Europe – A Status

17 Jun 15 @ 16:48

The landscape of domestic card schemes in Europe has changed dramatically following the implementation of the European Economic Area, the Payment Services Directive and the SEPA Cards Framework. The domestic card... read more

RBS loses 60,000 payments

17 Jun 15 @ 16:30

About 600,000 payments that failed to enter the accounts of RBS customers overnight may not be completed until the end of the week, the bank has said. Payments of wages,... read more

Blackstone and Carlyle prep $10bn NCR offer

17 Jun 15 @ 16:20

Blackstone and Carlyle Group have reportedly teamed up to make a $10 billion bid for cash machine vendor NCR, according to Reuters. Citing sources, Reuters says that Blackstone and Carlyle... read more

MasterCard extends tokenization support for Apps and e-commerce

17 Jun 15 @ 16:07

MasterCard says it will offer tokenization services to merchants with apps, e-commerce, and recurring billing card-on-file programs, further protecting consumers and increasing convenience when storing cards in merchant databases. By expanding... read more

Mobile biometrics market to reach $35 billion

17 Jun 15 @ 10:56

According to a research conducted by Acuity Market Intelligence annual revenues from mobile biometrics embedded in smart mobile devices will spike from $1.6 billion in 2014 to $34.6 billion in... 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