magazine

Latest Issue

THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

The fall and rise of Tokenization

13 May 15 @ 17:04

Apple Pay has breathed new life into tokenization and the use of tokenization has seen a revival due to new technology approaches that remove associated operational risks and complexities and... read more

Bit by Bitcoin: Decrypting the crypto-currency phenomenon

13 May 15 @ 16:58

Such is the fervour around virtual currencies that barely a day goes by without some form of news or announcement about the growth and threat of digital currencies but what... read more

Starbucks mobile app hacked – a “Venti” problem

13 May 15 @ 12:06

News has reached us that credit card hackers are targeting Starbucks gift card and mobile payment users and stealing from consumers’ credit cards. This new scam is so ingenious, the... read more

Over €100 million of payments initiated via MyBank

12 May 15 @ 17:16

PRETA S.A.S. announced today that the growing take-up of MyBank by consumers and businesses has started to translate into a significant pick-up of the value of transactions initiated via MyBank.... read more

ACI commits to expansion of UK Faster Payments

12 May 15 @ 17:07

ACI has signed a Letter of Commitment in support of the UK Faster Payments Scheme’s New Access Model, to operate as both ‘single tenant’ and ‘multi-tenanted’ aggregator. Launched in December 2014,... read more

Orange Cash rolls out in Spain

11 May 15 @ 12:32

The mobile payment service Orange Cash is to be rolled out in Spain. As part of the strategic alliance with the mobile operator Orange, Wirecard will provide the E-Money and... read more

Visa Inc offers $20 billion for Visa Europe

11 May 15 @ 11:17

Visa Inc is rumoured to be in early-stage talks to buy its former European subsidiary in a deal that could be worth as much as $20bn, people familiar with the matter... read more

New European payments processor Nuapay launches

08 May 15 @ 12:51

According to press reports, Irish payments group Sentenia has launched a service called Nuapay that will offer businesses a non-bank alternative for payment processing. This follows legislation introduced by the European... read more

Shipments of secure elements jump by over 12% in 2014

08 May 15 @ 10:31

Eurosmart has released the 2014 figures for the worldwide secure elements shipments and the smart secure contactless markets as well as the corresponding 2015 forecast. The data provided by Eurosmart... read more

HPS partners with Gemalto for tokenization

08 May 15 @ 09:25

HPS announced a new global partnership with Gemalto for tokenization. Tokenization is the process by which payment account information is replaced by an alternate value called a token. Issuers, Merchants... read more

Denmark proposes cashless country

07 May 15 @ 09:51

The Danish government, as part of a pre-election package of economic measures put forward by the government, has proposed getting rid of the obligation for selected retailers to accept payment... read more

Credit card fraud rising in Germany

07 May 15 @ 09:39

New analysis shows that credit card fraud increased last year in Germany. In a sample of 7.5 million active cards issued in Germany, FICO found that losses due to fraud increased... read more

02 acquires Weve

06 May 15 @ 14:39

O2 is rumoured to have acquired the Weve mobile commerce and advertising consortium saying the business will be run as a standalone subsidiary. In a statement, the former joint venture states: “We... read more

3.4 billion EMV chip payment cards in global circulation

06 May 15 @ 14:35

Official figures for Q4 2014 released by the global technical body EMVCo show that significant advances are being made globally in the adoption of EMV chip technology. By the end... read more

European Commission agree on Payments Services Directive

06 May 15 @ 14:24

Back in 2013, the European Commission set out proposals for a Payments Services Directive 2 (PSD2) in an effort to improve cross-border payments, tackling what it says is still a... read more

Consumer payments: behaviors & perceptions

06 May 15 @ 13:57

In August 2014, approximately 1 out of every 5 banked consumers in the U.S. said they would be comfortable using their smartphone to initiate all of their payments transactions, according... read more

27% of global online transactions now on mobile – Mobile Payments Index

05 May 15 @ 17:11

Online payments made using mobile devices continues to rise globally – according to the quarterly Mobile Payments Index (MPI), which tracks mobile payment data from web-based transactions – now accounting for 27.2%... read more

Visa announces widespread UK launch of V.me

05 May 15 @ 16:17

Visa Europe has confirmed that it has secured commitment from 55% of the UK’s issuance base, which accounts for more than 60 million card holders, and thousands of the UK’s retailers,... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more