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EMV banking cards extend reach of Vodacom m-pesa mobile wallet

21 Jan 15 @ 09:11

The deployment of prepaid EMV banking cards to complement Vodacom’s m-pesa mobile wallet service in South Africa will significantly extend the reach of the South African operator’s services. The card... read more

Diners Club International expands acceptance throughout Europe

21 Jan 15 @ 09:00

Diners Club International, a business unit of Discover Financial Services and part of the Discover Global Network, and The Logic Group, announced a signed agreement that will grow Discover and... read more

Generation Z ready for biometric security

20 Jan 15 @ 14:16

16 to 24 year old consumers in the UK have the greatest appetite for biometric security measures and the greatest need to use them in place of traditional authentication such... read more

Starbucks drops Square and deepens app strategy

19 Jan 15 @ 10:08

Starbucks has launched its mobile payment app in Germany and France to enable its customers to make payments using a mobile version of their Starbucks card. The app is the... read more

Microsoft deploy PayPal mobile payments

19 Jan 15 @ 09:54

PayPal has joined forces with Microsoft to bring its PayPal Here hardware card readers to Windows devices, as well as develop EMV-compliant readers. The collaboration is aimed at small and... read more

Google to buy Softcard?

19 Jan 15 @ 09:20

It has emerged over the weekend that Google is leading talks to acquire Softcard, the troubled mobile payments company that is being eyed by a number of potential suitors, said people familiar... read more

Multiple payment options critical to merchants

16 Jan 15 @ 11:07

A lack of payment options are forcing customers to abandon their baskets and merchants to miss out on sales. Online retailers are dramatically losing out on sales by failing to address... read more

Google ceases sales of Google Glasses

16 Jan 15 @ 10:55

In what has been a very short lived love affair, Google has stopped selling its Google Glasses product. Loved by few and lambasted by many the internet giant is shutting down... read more

Thieves hit ATMs with Black Box attack

15 Jan 15 @ 14:11

According to the KrebsOnSecurity blog, ATM skimming attacks have focused on innovative fraud devices made to attach to the outside of compromised ATMs via a black box attack. Security experts are... read more

UK’s Bacs payments network hits new heights

15 Jan 15 @ 11:37

The UK’s Bacs Payment Schemes Limited (Bacs), the company behind Direct Debit says UK records were broken in 2014, reaching new highs in levels of transactions, demonstrating automated payments remain... read more

US cards will fall short on fraud as issuers shun PIN

15 Jan 15 @ 10:02

Big US banks are steering clear of an advanced security measure used in credit cards around the world, opting for a system that is more convenient for shoppers but may... read more

Bitcoin price continues freefall as panicked investors sell off

14 Jan 15 @ 12:16

The price of Bitcoin dropped again this week, sliding to its lowest level since early 2013, suggesting that confidence in the contentious cryptocurrency may be shrinking, dropping as low as... read more

FICO Acquires TONBELLER

14 Jan 15 @ 10:11

FICO has acquired TONBELLER, a provider of financial crime and compliance solutions based in Bensheim, Germany. The transaction has closed. Although terms have not been disclosed, the transaction is not... read more

RBNZ seeks vendors to replace its payments and settlement systems

13 Jan 15 @ 12:51

The Reserve Bank of New Zealand (RBNZ) is seeking Registrations of Interest (ROI) from potential vendors for the procurement of a Real-Time Gross Settlement System and a Security Settlement System... read more

BlackBerry continues comeback with PayPal app roll out

13 Jan 15 @ 09:55

BlackBerry has unveiled that it has introduced the PayPal mobile app for the US, UK and Australia, with more markets to come in the future. Following the rollout, the app is... read more

MasterCard agrees to process transactions in Russia

13 Jan 15 @ 09:36

MasterCard says it has reached an agreement with Russian authorities to process its payments in Russia, the Russian central bank announced on Monday. MasterCard and Russia’s national payment system agreed on December... read more

Have US telcos pulled out of Softcard?

12 Jan 15 @ 16:53

Amid rumours that owners AT&T Mobility, T-Mobile USA and Verizon Wireless had decided to stop funding the NFC payments outfit little more than a year after its launch, Softcard, the... read more

Wearable technology research reveals consumer attitudes on payments

12 Jan 15 @ 16:41

Stratos has announced results from its Stratos Wearables Payment study. The consumer survey found that almost one out of three (30%) of US smartphone owners already own a wearable device. The... read more

Trending

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more