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Apple Pay ready for China mobile payments launch

14 May 15 @ 16:41

Apple CEO Tim Cook has strengthened speculation about the next destination for its mobile payment service Apple Pay with comments to Xinhua on a visit to China. “We very much... read more

Fujitsu iris-recognition technology

14 May 15 @ 15:32

Iris-scanning technology promises to kill the password with the launch of a new smartphone that looks into users’ eyes to unlock it. The new smartphone made by Fujitsu and sold... read more

Powa Technologies to revolutionise advertising

14 May 15 @ 15:25

Rai Advertising, the exclusive advertising group for Rai, Italy’s largest broadcaster, has signed a strategic partnership with mobile technology leader Powa Technologies Limited to introduce its innovative PowaTag mobile commerce... read more

Banks rethink business models as PSD2 comes into effect

13 May 15 @ 17:29

According to the PSD2 and XS2A – regulation or opportunity report, Europe’s banks are engaged in a do-or-die effort to prepare for the 2016 introduction of new payments regulations that are expected to... read more

The fall and rise of Tokenization

13 May 15 @ 17:04

Apple Pay has breathed new life into tokenization and the use of tokenization has seen a revival due to new technology approaches that remove associated operational risks and complexities and... read more

Bit by Bitcoin: Decrypting the crypto-currency phenomenon

13 May 15 @ 16:58

Such is the fervour around virtual currencies that barely a day goes by without some form of news or announcement about the growth and threat of digital currencies but what... read more

Starbucks mobile app hacked – a “Venti” problem

13 May 15 @ 12:06

News has reached us that credit card hackers are targeting Starbucks gift card and mobile payment users and stealing from consumers’ credit cards. This new scam is so ingenious, the... read more

Over €100 million of payments initiated via MyBank

12 May 15 @ 17:16

PRETA S.A.S. announced today that the growing take-up of MyBank by consumers and businesses has started to translate into a significant pick-up of the value of transactions initiated via MyBank.... read more

ACI commits to expansion of UK Faster Payments

12 May 15 @ 17:07

ACI has signed a Letter of Commitment in support of the UK Faster Payments Scheme’s New Access Model, to operate as both ‘single tenant’ and ‘multi-tenanted’ aggregator. Launched in December 2014,... read more

Orange Cash rolls out in Spain

11 May 15 @ 12:32

The mobile payment service Orange Cash is to be rolled out in Spain. As part of the strategic alliance with the mobile operator Orange, Wirecard will provide the E-Money and... read more

Visa Inc offers $20 billion for Visa Europe

11 May 15 @ 11:17

Visa Inc is rumoured to be in early-stage talks to buy its former European subsidiary in a deal that could be worth as much as $20bn, people familiar with the matter... read more

New European payments processor Nuapay launches

08 May 15 @ 12:51

According to press reports, Irish payments group Sentenia has launched a service called Nuapay that will offer businesses a non-bank alternative for payment processing. This follows legislation introduced by the European... read more

Shipments of secure elements jump by over 12% in 2014

08 May 15 @ 10:31

Eurosmart has released the 2014 figures for the worldwide secure elements shipments and the smart secure contactless markets as well as the corresponding 2015 forecast. The data provided by Eurosmart... read more

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

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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... 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