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

Apple Pay struggling to gain bank support outside US

20 Apr 15 @ 11:36

According to several reports over the weekend, Apple is struggling to get the same level of support for its payments brand Apple Pay, outside of the US. Apple is alleged... read more

Google Wallet gaining traction with merchants

17 Apr 15 @ 13:49

Google’s efforts to promote broader adoption of its Google Wallet mobile payment system appear to be gathering momentum. The company earlier this week announced that Dunkin’ Donuts and online food... read more

Europeans rapidly adopting mobile payments

17 Apr 15 @ 13:41

The number of Europeans who will use a mobile payment application in 2015 will rise 51% year over year for a total of about 185 million, according to an ING... read more

AmEx Lab testing facial recognition technology

17 Apr 15 @ 13:36

According to a WSJ blog, American Express is experimenting with facial recognition and wearable technology that could turn into new capabilities for some of its mobile apps, including products aimed... read more

Royal Bank of Canada launches Mobile Wallet

17 Apr 15 @ 12:56

Royal Bank of Canada, which over a year ago built its own mobile wallet technology (with partners) that it’s adapted to work with Apple Pay, Android alternatives and the card... read more

86% of fraud in chargebacks

17 Apr 15 @ 12:45

Global Risk Technologies (GRT) recently examined friendly fraud, and found approximately 86% of chargebacks are fraudulent, and many consumers bypass merchants to directly file complaints with card-issuing banks. GRT CIO... read more

ACH volume increases to 23 billion payments in 2014

16 Apr 15 @ 16:08

ACH volume grew to almost 23 billion electronic payments, an increase of almost 5%, or 1 billion transactions, over 2013 volume, according to new statistics released by NACHA — The... read more

Massive drop in number of unbanked says World Bank

16 Apr 15 @ 15:23

From 2011 and 2014, 700 million people became account holders at banks, other financial institutions, or mobile money service providers, and the number of “unbanked” individuals dropped 20% to 2... read more

NCR launch cloud-based ATM software platform

16 Apr 15 @ 14:05

NCR says it has introduced the biggest change to the way an ATM operates since the self-service banking channel was invented nearly 50 years ago, launching Kalpana software, an enterprise software platform... read more

Card fraud increases as stolen cards used once every 20 seconds

15 Apr 15 @ 12:50

British businesses were hit by card fraud once every 20 seconds in March, with Worldpay warning that small businesses are likely to have been hackers’ biggest targets. Worldpay saw over... read more

Growth in global NFC SIM market

15 Apr 15 @ 12:15

The SIMalliance membership, which represents approximately 90% of the global SIM card market, has reported an 11% year-on-year increase in SIM unit shipments in 2014. Globally, the growth trend for... read more

TNS set to accelerate UnionPay acceptance worldwide

15 Apr 15 @ 11:07

Transaction Network Services (TNS) has launched a new global card scheme gateway which will enable merchants and banks to quickly and easily connect with UnionPay for authorization and processing of... read more

Wirecard to enable mobile payments for Kairos Watches

15 Apr 15 @ 10:56

Wirecard and Kairos Watches have announced a collaboration in the field of mobile payment services for wearables. Kairos will use Wirecard`s Payment Software Development Kit for its unique offering of hybrid mechanical... read more

Retail Banks turn to IT to drive revenue in 2015

15 Apr 15 @ 10:47

Retail bank IT investment in 2015 will be focused squarely on driving revenue growth, according to new research from Ovum, the global analyst house. Digital channels will be at the... read more

Cybercrime bigger than drug trade

14 Apr 15 @ 16:54

In an extraordinary presentation at a TechUK event Adrian Leppard, the City of London police commissioner attacked the big banks by saying that cybercrime may now be bigger than the drug... read more

Card Fraud Report 2015 – now available

14 Apr 15 @ 12:46

Card Fraud is the driver of major industry initiatives such as EMV implementation to combat the use of lost, stolen and counterfeit cards, while 3D-Secure authentication protects against the fraudulent use... read more

Judo Payments builds mobile payments SDK for Xamarin

14 Apr 15 @ 12:35

Judo Payments has announced the launch of its mobile app payments software development kit (SDK) for mobile development solution Xamarin. Xamarin’s platform enables developers to build apps for iOS, Android, Windows... read more

Mobile app use sees emergence of cashless society

13 Apr 15 @ 16:57

Half of European adults with access to a mobile device such as a smart phone or tablet computer expect to use mobile payment apps over the next 12 months, according... 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