magazine

Latest Issue

THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

UK cheque usage declines again

24 Dec 14 @ 09:00

The paper cheque remains a popular staple for UK consumers and businesses, according to new figures from the Cheque and Credit Clearing Company. Although the number of cheques written last... read more

Mobile banking channel dominates retail banking

23 Dec 14 @ 10:50

In its fifth annual report on customer loyalty in retail banking, “Going Digical: Customers Love the Smart Fusion of Digital and Physical Assets”, Bain & Company, has found that for the... read more

Could bitcoin be the Napster of finance?

23 Dec 14 @ 09:46

Bitcoin’s ongoing evolution draws comparisons to how Napster, while unsuccessful as an organization, upended an entire music industry and propelled it into the digital age. Bitcoin truly is the Napster... read more

People’s Bank of Kazakhstan to launch UnionPay chip card issuing and acquiring

22 Dec 14 @ 16:44

People’s Bank of Kazakhstan (Halyk Bank), the largest bank in Kazakhstan and Central Asia, together with OpenWay, have launched issuing and acquiring of UnionPay UICC chip cards. This is the... read more

5 fraud predictions for 2015: Technology will shape the fight

22 Dec 14 @ 16:31

Technology will give fraudsters an edge in 2015, but it will also provide new tools for organisations and investigators, according to experts from the Association of Certified Fraud Examiners (ACFE)... read more

RBC first bank in North America with Host Card Emulation

19 Dec 14 @ 16:21

RBC (Royal Bank of Canada) has announced the addition of Host Card Emulation to the RBC Mobile app, allowing Canadians to pay with most Android mobile phones without worrying about... read more

Apple Pay early adoption stats

19 Dec 14 @ 15:40

ITG Research has released  figures which show that iPhone users, via Apple Pay, were responsible for 1% of digital payment dollars spent in the month of November. The ITG Mobile Payments report, which... read more

Consumers will switch banks to access mobile payments

19 Dec 14 @ 12:05

21 million British consumers say they will switch banks to access mobile payments, as anticipation for new ways to pay builds, according to new research from Zapp. 44% of consumers plan... read more

Do we need a new EU network for EU payments interoperability?

19 Dec 14 @ 11:29

Suddenly the key EU’s stakeholders (ECB/EC) are talking again about technical payments interoperability and new payments networks.  Many may ask why, for they have struggled over 10 years to fully... read more

Banks still top for consumer trust

19 Dec 14 @ 09:03

Consumers trust banks far more than they do companies like Google, Apple and Amazon to protect their card details and personal financial information, according to research by Bizrate Insights. Bizrate... read more

Card fraud credit cards using quantum physics?

18 Dec 14 @ 12:41

Dutch researchers claim to have enabled the power of quantum mechanics in a way that could be used to make card fraud a thing of the past. In a paper posted... read more

EU agrees caps on debit and credit card interchange fees

18 Dec 14 @ 11:33

Interchange fees to process debit and credit card transactions are to be capped under an EU law that attempts to wrap-up a protracted battle with payment groups such as Visa... read more

MBNA launch digital wallet with MasterPass

17 Dec 14 @ 14:59

MBNA has, in partnership with MasterCard, launched a trial of a digital wallet. Once the trial is complete in early 2015, the MBNA Wallet could be quickly rolled out to... read more

Global ATM market expected to hit $22 billion in 2020

17 Dec 14 @ 14:45

A new report by Allied Market Research predicts that the global ATM market will expand at a compound annual growth rate of 7.6% between 2014 and 2020, to a total of... read more

Cyber crime to drastically increase this Christmas

17 Dec 14 @ 14:19

Christmas 2014 looks set to have a large increase in cyber crime with the UK shopper set to spend a record £374.3 million over the festive period with one in... read more

Samsung to launch Apple Pay rival

17 Dec 14 @ 08:47

Samsung is said to be discussing a deal with a payments start-up that would help the smartphone maker introduce a mobile payments system in 2015 to rival Apple Pay, multiple sources report.... read more

Microsoft to accept bitcoin payments

16 Dec 14 @ 11:21

In a blog post on December 11 from Microsoft, the software giant quietly announced that its customers can now use bitcoin to purchase certain products through third party payment processor BitPay,... read more

Barclaycard deploys contactless gloves

16 Dec 14 @ 11:13

Barclaycard is to trial gloves that allow people to pay for their shopping via contactless, following demand for a wearable payment item that makes paying quicker and easier when laden... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more