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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

Millennials: how banks can capitalize

05 May 15 @ 14:13

Personal Financial Management (PFM) tools offering consumers budgeting tools and enhanced visibility into their spending behavior are becoming more widely available. And while not all customers are interested in these... read more

Visa Europe Collab international innovation hub

05 May 15 @ 12:02

Visa Europe has announces the launch of Visa Europe Collab, its new international innovation hub. Working with a network of partners from across the digital and fintech ecosystem, Visa Europe Collab... read more

Mobile payments in the US 2015

01 May 15 @ 12:34

Apple, Starbucks and Disney are all strong brands with loyal followings, but they also have something else in common: They’re early leaders in the ever-evolving mobile payments market. Some analysts... read more

CurrentC announces launch date

01 May 15 @ 12:19

Finally, some good news for CurrentC! As the new CEO, Brian Mooney, formerly CEO of Bank of America Merchant Services, one of the largest US merchant payment acquirers, Merchant Customer Exchange (MCX), a... read more

Payment Card Tokenization

01 May 15 @ 11:06

Tokenization is a technology that allows for more secure payments by substituting sensitive consumer account data for a random number that is unique to each transaction – a digital token.... read more

PayPal launches One Touch payments

30 Apr 15 @ 12:39

PayPal says it has launched one touch payments in a move to simplify and accelerate their payment service and deal with the large number of incomplete transactions. The payment service, called One Touch... read more

Malawi takes key step to advance digital payments

30 Apr 15 @ 10:39

Malawi says it has taken a significant step towards creating a digital payments ecosystem in order to address poverty and drive inclusive growth. An event organized by the Government of Malawi... read more

Coinbase opens exchange in UK

30 Apr 15 @ 10:27

Coinbase, the world’s most well-funded bitcoin company, has opened its exchange and online wallet in the UK, targeting British enthusiasm for the digital currency as it eyes international expansion. The... read more

Cyber security is the EU’s digital frontier

29 Apr 15 @ 10:45

Cyber security is a precondition to promoting innovation also in the area of payments. The European Union Agency for Network and Information Security (ENISA) is a centre of expertise for... 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