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EU Parliament approves interchange fee caps

10 Mar 15 @ 17:12

The European Parliament has voted in favour of a bill to cap credit and debit card interchange fees. The bill, which will come into force in October this year, will... read more

EPC lays out framework for handling CNP transactions

10 Mar 15 @ 17:10

The European Payments Council (EPC) has unveiled a blueprint for the establishment of an interoperable card and terminal infrastructure to process card-not-present (CNP) transactions across SEPA. The proposals are published... read more

Digital top priority for global banks

10 Mar 15 @ 17:06

The drive by banks to implement new digital technologies has overtaken regulatory worries as the highest priority for global banking executives, according to new research from the Economist Intelligence Unit.... read more

Citi, Fidelity and Mint develop apps for Apple Watch

10 Mar 15 @ 17:04

Citi, Fidelity and Mint have developed apps designed for the new Apple Watch, which will be released next month. Citi’s app enables users to see their current and savings account... read more

Samsung waives fees for Samsung Pay mobile payment service

09 Mar 15 @ 15:50

Samsung, which is gearing up to launch its own mobile payment service, Samsung Pay, in Korea and the US this summer, has decided not to collect fees on Samsung Pay... read more

Re-designing banking: From the bench to the branch to binary

09 Mar 15 @ 12:32

It’s hard to imagine what the Florentine market traders thought would be their impact on the world when they started the western world’s first formal system of lending. One thing... read more

EBA CLEARING working on pan-European instant payment infrastructure solution

09 Mar 15 @ 12:14

EBA CLEARING announced today the kick-off of an Instant Payment Task Force to support the Company’s ongoing work on the creation of a pan-European solution for instant payment processing. The... read more

3rd annual mobile payments study

09 Mar 15 @ 10:47

According to research, consumers have shifted their focus from questioning the security of mobile payments to now discussing the possibilities of enhanced digital experiences on devices. At Mobile World Congress,... read more

NFC POS terminals shipments hit 9.5 million

09 Mar 15 @ 10:19

According to a recent research from Berg Insight, the global installed base of NFC POS terminals will grow at a compound annual growth rate of 28.4% from 21.4 million in... read more

Bank of England: The economics of digital currencies

06 Mar 15 @ 12:24

Digital currencies represent both innovations in payment systems and a new form of currency. This article examines the economics of digital currencies and presents an initial assessment of the risks... read more

PayPal sets out new plan

06 Mar 15 @ 12:14

Dan Schulman, the new CEO of PayPal has set out his vision for turning eBay’s payments arm from a button on a website into the operating system for digital commerce.... read more

$16 billion stolen from 12.7 million identity fraud victims in 2014

05 Mar 15 @ 10:59

Javelin Strategy & Research have published its 2015 Identity Fraud Study. 2014 was a mixed year in the fight against identity fraud, with some advances and some setbacks. The study found... read more

Visa motors ahead with in car commerce

05 Mar 15 @ 10:28

Visa Inc., Pizza Hut and Accenture announced they are working together to develop a proof-of-concept connected car to test mobile and online purchases on the go. The connected car is... read more

Visa ready for mobile payments after Apple Pay work

05 Mar 15 @ 10:14

Speaking at this morning’s Mobile World Congress (MWC) keynote on digital transactions and social interactions, Ryan Mclnerney, global president of Visa Inc, expressed the huge effort involved in helping Apple Pay get... read more

ECB: Digital currencies unstable

04 Mar 15 @ 15:16

The European Central Bank has published a new report on digital currencies, describing them as “inherently unstable” whilst remaining upbeat about the potentially transformative benefits they may offer in payments. The ECB study builds... read more

Mobile money for the unbanked – an industry report

04 Mar 15 @ 12:34

The GSMA Mobile Money for the Unbanked (MMU) programme has releases its 2014 State of the Industry Report on mobile financial services. Published annually, the report provides industry practitioners with insights... read more

Evaluation of mobile banking at the top Latin American banks

04 Mar 15 @ 12:12

Celent has explored mobile technology and the breakthrough of mobile banking apps in the retail banking industry in Latin America, focusing on the top 10 institutions. The next logical move... read more

Apple Pay experiencing high fraud exposure

04 Mar 15 @ 11:54

Apple Pay has gained momentum quickly, in typical Apple fashion, with 2,000 financial institutions committed to support it, millions of cardholders actively enrolled, and two-thirds of all contactless transactions in... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more