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European ACHs join forces to optimize clearing services

25 Jun 15 @ 10:21

Six ACH members of the European Automated Clearing House Association (EACHA) have joined forces to deliver centralized and optimized processing services for SEPA transactions. For this purpose they have set... read more

Banks adopting biometrics against fraud

24 Jun 15 @ 15:36

A new impact report finds that the use of knowledge-based analytics are on a fast decline, while various forms of behavioural analytics continue to see strong growth. The report, “Digital Channel Fraud... read more

Cash remains king for consumers

24 Jun 15 @ 13:26

Annual figures from the Bank of England show the British public retains a stubborn attachment to paper money, despite rapid innovations in higher-tech methods of payment such as contactless cards... read more

Two-thirds of retailers feel they lack tools to tackle omni-channel fraud

24 Jun 15 @ 13:11

More than 50% (54%) of retailers in Europe and the US still have to consolidate their fraud management solutions across all channels, according to new research conducted by Forrester Consulting... read more

Verifone signs major Payment as a Service deal

23 Jun 15 @ 16:59

Verifone says that Westpac Banking Corporation will be the first bank in Asia Pacific to deploy its new handheld EMV and NFC-enabled terminal solution that is fully supported with payment as... read more

Barclays explores the blockchain

23 Jun 15 @ 16:32

Barclays has entered a Proof-of-Concept (PoC) trial with bitcoin exchange Safello, in an attempt to see if blockchain technology can improve its performance financial services sector. In an interview with CoinDesk, Safello... read more

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

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