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

FCA rejects EBA guidelines on online payments

26 May 15 @ 14:09

The UK has rejected the chance to sign up for new European Banking Authority (EBA) guidelines on online payment security, making the FCA one of only three EU countries to resist... read more

Postbank to trial Host Card Emulation

26 May 15 @ 14:00

Germany’s Postbank is to run an internal pilot of an NFC mobile payments app operating in a Host Card Emulation environment. Postbank employees participating in the project will be able... read more

BNZ deploys PayClip mPOS in New Zealand

22 May 15 @ 16:50

Mint Payments has announced that its partnership with Bank of New Zealand (BNZ) has resulted in the successful deployment and enhancement of BNZ’s PayClip mPOS payments product. PayClip enables business... read more

UK consumers ready to drop banks for mobile – Zapp

22 May 15 @ 16:47

UK mobile payment provider Zapp has released research which shows that 21 million UK consumers are ready to switch banks to access mobile payments, 33% of these within a year.... read more

Cash overtaken by ‘non-cash’ payments in 2014

21 May 15 @ 15:10

Figures published today show that the total number of cash payments made by consumers, businesses and financial organisations in the UK fell to 48% last year (from 52% in 2013).... read more

Payments bodies to standardise ISO 20022 real-time payments

21 May 15 @ 14:16

Global interoperability of real-time payments systems will require harmonisation of market practices and standards. A group of international clearing houses, banks, vendors, payments associations and other parties have proposed setting... read more

FIS Clear2Pay confirmed by VISA as CVES provider

21 May 15 @ 11:44

FIS says that its FIS’ Clear2Pay Open Test Solutions group has been confirmed by Visa for Chip Vendor Enabled Service (CVES) to help streamline and support the deployment of EMV enabled... read more

MasterCard launches personal payments service

20 May 15 @ 16:39

MasterCard has launched MasterCard Send, a service designed to make it seamless for businesses, governments and others to send money to consumers around the world. Live in the US, MasterCard... read more

BPCE pilots dynamic CVV code for online shopping

20 May 15 @ 16:36

France’s Banque Populaire and Caisse d’Epargne (BPCE) are piloting a payment card that replaces the three-figure CVV code on the rear of the card with a small screen display that... read more

E-commerce processor WePay raises $40 million

20 May 15 @ 16:33

E-commerce payment processor WePay has raised $40 million in a Series D funding round led by FTV Capital and including Japan’s Rakuten. WePay will use the funding to expand in... read more

iZettle launches contactless dongle

19 May 15 @ 13:53

mPOS specialist iZettle has launched a new hardware dongle that includes both chip and PIN and contactless payment functionality, along with support for Apple Pay. The Card Reader Pro Contactless... read more

WorldRemit launches in five new countries

19 May 15 @ 13:49

Online money transfer service WorldRemit has launched in five countries in South America and Eastern Europe. WorldRemit customers can now send money transfers direct to the bank accounts of their... read more

BancNet selects Gemalto to secure mobile banking

19 May 15 @ 13:45

Global digital security specialist Gemalto has been selected by BancNet of the Philippines to secure its mobile banking services. BancNet’s network consists of 116 local and international banks, serving over... read more

Ripple reaps $28 million funding round

19 May 15 @ 13:42

Digital currency specialist Ripple Labs has secured a $28 million Series A funding round. IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate... read more

MasterCard face EU Antitrust complaint over fees

18 May 15 @ 17:13

MasterCard is reportedly poised to receive an antitrust complaint from European Union watchdogs probing card-payment fees, according to three people with knowledge of the case. Regulators may send a statement... read more

Samsung partners for Samsung Pay launch in Europe

18 May 15 @ 15:13

Oberthur Technologies (OT) has announced its partnership with Samsung for the deployment of Samsung Pay in Europe later this year. The Samsung Pay service will allow Samsung Galaxy S6 and S6 Edge... read more

Samsung Wallet discontinued as LoopPay transaction revealed

18 May 15 @ 14:59

Samsung Wallet will no longer be available for users beginning on June 30, 2015, according to an email sent to users as the handset giant preps Samsung Pay. Back in... read more

Mobile proximity payments

18 May 15 @ 13:02

In a new report, Aite Group details how the installation of NFC-capable payment terminals, prevalence of NFC-capable smartphones, and emergence of tokenization and biometrics have created a great deal of... 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