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European payments regulation driving change

30 Jun 15 @ 10:25

European payments regulation, such as the original Payment Services Directive (PSD) of 2007 and Single Euro Payment Area (SEPA), have already caused significant change within the banking and payment industry.... read more

US merchant card processing fees rising

30 Jun 15 @ 10:24

With more Americans using credit, debit and prepaid goods to pay for goods and services, the merchant card processing fees to process those cards continues to rise. General purpose and private... read more

ONPEX announce partnership with The Flying Merchant

30 Jun 15 @ 09:09

ONPEX has announced a new partnership with The Flying Merchant, a global provider of high risk merchant services. While traditional PSPs might shy away from offering merchant accounts to high... read more

Payments Council re-brands to Payments UK

29 Jun 15 @ 16:37

Having lost some of its teeth, the Payments Council will relaunch as Payments UK, a new trade association launched Monday 29 June. The new association will provide “a single, authoritative... read more

NFC-enabled handset shipments to reach three-quarters of a billion in 2015

29 Jun 15 @ 16:24

Shipments of NFC-enabled handset are projected to increase to 756 million in 2015, up from 444 million in 2014, according to latest research from IHS Technology. NFC Research Key Findings:... read more

Payments Systems Regulator urges deeper innovation

29 Jun 15 @ 16:18

Hannah Nixon, the newly appointed managing director of the UK’s Payments Systems Regulator has bemoaned a lack of innovation in the back-end infrastructure of payments, and warned that she will step... read more

Wirecard launches mobile checkout platform for retailers

29 Jun 15 @ 16:11

Wirecard announced the launch of a mobile checkout development platform for retailers. The retail payments platform enables retailers to increase the appeal and functional scope of their own app by integrating... read more

JCB begins card issuing in India

29 Jun 15 @ 16:04

National Payments Corporation of India (NPCI), an organization established by the Reserve Bank of India and being an umbrella for all India’s payments system, and JCB International say that both parties... read more

Barclaycard expands bPay wearable range

29 Jun 15 @ 13:05

Barclaycard is to roll out a range of wearable payment devices that can be used to make contactless payments across the UK, following a successful launch of its bPay band... read more

PayPal faces tough times in the digital payments ecosystem

26 Jun 15 @ 15:53

Former PayPal CEO Bill Harris discusses how PayPal fits into mobile payments with Bloomberg’s Emily Chang. Harris was asked whether the company can compete with other digital payment firms, in... read more

World Retail Banking Report 2015

26 Jun 15 @ 15:44

The latest World Retail Banking Report 2015 produced by Capgemini and Efma looks like  bad news for traditional banks. For the second straight year, banks have not been able to... read more

Safaricom sues Airtel over M-pesa

26 Jun 15 @ 13:26

Safaricom has taken rival telecommunications company Airtel to court on claims that it is infringing on its M-Pesa trademark by including its symbols on its advertising billboards. Safaricom has filed pictures... read more

.Bank domain launch starts stampede

26 Jun 15 @ 13:18

fTLD Registry Services the registry behind the new .Bank domain says that it received over 3,000 domain name registrations during the opening period. Having seen more than 700 applications for the new domains... read more

Fintech Investment triples in 2014

25 Jun 15 @ 16:36

Fintech investments continued at a remarkable pace last year, nearly tripling in the US in 2014, according to a new report by Accenture and the Partnership Fund for New York... read more

Mobile apps generate 50% of retailer mobile transactions

25 Jun 15 @ 12:12

Criteo has released its State of Mobile Commerce Report, revealing that mobile apps generate almost 50% of mobile transactions for some of the largest ecommerce players who have made their app... read more

25% jump in cross border fraud on UK debit cards

25 Jun 15 @ 10:31

The percentage of fraudulent transactions occurring outside the UK in 2014 on UK debit cards rose 25% in a massive sample of cards studied by analytic software firm FICO. Cross border... read more

European ACHs join forces to optimize clearing services

25 Jun 15 @ 10:21

Six ACH members of the European Automated Clearing House Association (EACHA) have joined forces to deliver centralized and optimized processing services for SEPA transactions. For this purpose they have set... read more

Banks adopting biometrics against fraud

24 Jun 15 @ 15:36

A new impact report finds that the use of knowledge-based analytics are on a fast decline, while various forms of behavioural analytics continue to see strong growth. The report, “Digital Channel Fraud... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more