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MasterCard face EU Antitrust complaint over fees

18 May 15 @ 17:13

MasterCard is reportedly poised to receive an antitrust complaint from European Union watchdogs probing card-payment fees, according to three people with knowledge of the case. Regulators may send a statement... read more

Samsung partners for Samsung Pay launch in Europe

18 May 15 @ 15:13

Oberthur Technologies (OT) has announced its partnership with Samsung for the deployment of Samsung Pay in Europe later this year. The Samsung Pay service will allow Samsung Galaxy S6 and S6 Edge... read more

Samsung Wallet discontinued as LoopPay transaction revealed

18 May 15 @ 14:59

Samsung Wallet will no longer be available for users beginning on June 30, 2015, according to an email sent to users as the handset giant preps Samsung Pay. Back in... read more

Mobile proximity payments

18 May 15 @ 13:02

In a new report, Aite Group details how the installation of NFC-capable payment terminals, prevalence of NFC-capable smartphones, and emergence of tokenization and biometrics have created a great deal of... read more

Axis Bank deal with WhatsApp for P2P mobile payments

18 May 15 @ 12:56

According to recent press reports, Axis Bank of India is set to introduce a P2P mobile payments system which will let the customers send money to anyone through WhatsAPP, Twitter, Facebook... read more

Retail banks must change to face realities of digital world

18 May 15 @ 12:39

Retail banks are facing the toughest of trading conditions, claims a new report from Oracle which says that three quarters lack suitable technology to complete the path to a digital... read more

PayPal to List on Nasdaq

15 May 15 @ 12:53

According to web rumours, EBay payments unit PayPal plans to trade on the Nasdaq Stock Market when the two companies split later this year. PayPal said it would use the ticket symbol... read more

Global smartphone sales of $96bn set a new Q1 record

15 May 15 @ 11:50

In the first quarter of 2015, global smartphone unit demand increased +7%, compared to the same period last year. Sales reached 310m units, with growth down from +19% year-on-year in... read more

What do millennials want from an ATM

15 May 15 @ 11:03

Millennials are the biggest population group since the baby boomers and they couldn’t be more different from that post-war generation. Most obviously, because they’ve grown up behind a screen – computer, game... read more

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

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