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US EMV migration: Chip and signature is a joke!

02 Jun 15 @ 17:35

“The fact that we didn’t go to PIN is such a joke,” says Mike Cook, Walmart’s assistant treasurer and a senior vice president, in reference to the USA’s current EMV... read more

Apple Pay costs force Banks to consider in-house mobile wallets

02 Jun 15 @ 13:17

Whilst still not entirely relevant to Europe, the cost of supporting Apple Pay is forcing some banks to operate their own mobile wallets. Consultant Richard Crone says Apple Pay is associated... read more

Federal Reserve to require same day payments

02 Jun 15 @ 13:10

The Federal Reserve Board announced it is taking public comment on whether to require member banks to move to same day payments. The request for comments comes after NACHA voted... read more

TAG Systems enters into mobile payment

02 Jun 15 @ 09:15

TAG Systems, a European smart card-based solutions provider, has acquired Seglan a Spanish IT company developing software and solutions for mobile payment and ticketing. International card payment schemes forecast that mobile... read more

EVO and Deutsche Postbank reach agreement for the sale of Postbank P.O.S. Transact

01 Jun 15 @ 12:07

EVO Payments International (EVO) has reached agreement with Deutsche Postbank (Postbank) for the purchase of Postbank’s merchant acquiring business, P.O.S. Transact (POS Transact). In addition, EVO and Postbank will enter... read more

How Does Android Pay differ from Apple Pay & Samsung Pay for banks?

01 Jun 15 @ 12:00

Google has Android Pay. The internet giant outlined a set of APIs that will allow developers to add an Android Pay button to their app and banks to enable payments... read more

Visa’s new commercial standard for mobile payments

01 Jun 15 @ 11:54

Visa Inc. has announced a new program that connects financial institutions and technology companies to simplify and accelerate the roll-out of new and mobile payments and commerce services. Visa’s new Digital... read more

Snapshot of NFC mobile payments for banks

01 Jun 15 @ 11:08

The explosion in NFC mobile payments has gifted banks and financial institutions with a variety of deployment options and, at the same time, made the task of selecting the right... read more

Contactless is king

29 May 15 @ 10:37

Brits have gone contactless crazy according to data from Worldpay, which revealed that it has processed over £2 billion of contactless payments since January 2012. This surge is even more... read more

Facebook Messenger payments

29 May 15 @ 10:32

The Facebook Messenger payments service has been tweaked to make it easier for friends to send money within conversations. Although launched in March, the P2P payments feature has so far... read more

BBVA mobile wallet enhancements

29 May 15 @ 10:21

BBVA has added a new feature to its mobile wallet app that enables users to remotely control their debit and credit cards from their smartphone. The latest version of BBVA... read more

Google launch Android Pay

29 May 15 @ 10:14

Google has unveiled its second crack at the payments market in the form of Android Pay, which will enable credit, debit, prepaid and small business cardholders to use their Android phones... read more

Remote Deposit Capture – Mobile the new scanner

27 May 15 @ 17:11

As check usage declines, mobile Remote Deposit Capture is becoming the preferred deposit method for a growing number of bank customers, according to a new report titled State of Remote Deposit... read more

Global smartphone growth

27 May 15 @ 14:34

According to a new mobile phone forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone shipments are expected to grow 11.3% in 2015, which is down... read more

MasterCard & Target data breach settlement disintegrates

27 May 15 @ 13:56

The proposed $19 million settlement between MasterCard and Target over the retailer’s 2013 data breach has fallen through after not enough banks accepted the deal, according to MasterCard. The agreement, announced... read more

Identity fraud up by 27% in first quarter of 2015

27 May 15 @ 13:12

New data shows that identity fraud was the dominant fraud threat in the first quarter of 2015. 34,151 confirmed instances of identity fraud were recorded in the first quarter of... read more

Payments Cards and Mobile – Buyers Guide 2015-2016

27 May 15 @ 12:52

Reach your potential customers in Global Banking and Financial Institutions, Retailers and merchants, Telecommunications, Third Party Processors, Solution and Service Providers as well as senior executives in Transport, Health, Equipment... read more

Apple Pay users on the up

26 May 15 @ 14:22

Apple Pay is becoming more and more frequently used each month, a bi-monthly study has revealed. In May, nearly half (46%) of iPhone 6 owners have successfully used Apple Pay.... 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