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Apple Pay pricing + T&C’s revealed for US banks

10 Nov 14 @ 10:58

According to the term sheet, which was picked up by equity analyst at Keefe, Bruyette & Woods, Sanjay Sakhrani, Apple Pay will receive 15 basis points (0.15 percent) per credit... read more

MCX and Softcard state Apple Pay overthrow plan

10 Nov 14 @ 10:42

At Money 2020, and in the wake of Apple Pay and its dominance of the headlines, US mobile money ventures, Softcard (formally ISIS) and merchant-run MCX, have been setting out... read more

Major mistakes made in choosing a POS system and how to avoid them

10 Nov 14 @ 10:11

You are starting a new business and you are looking for a POS system to help you with giving your customers the best possible experience. But one thing to remember... read more

MasterCard to acquire TNS payment gateway business

07 Nov 14 @ 15:47

Transaction Network Services (TNS), a portfolio company of Siris Capital Group since February 2013, has entered into an agreement to sell its payment gateway services business to MasterCard for an... read more

Banks accused of failing to report true scale of cybercrime

07 Nov 14 @ 15:41

Treasury Committee chairman Andrew Tyrie is to question banks over allegations that they may be under-reporting instances of cybercrime and bank fraud because they don’t want to frighten people. Tyrie... read more

Amex pushes tokenisation as replacement for credit card numbers

07 Nov 14 @ 13:28

American Express this week launched a tokenisation service in the US that aims to replace payment card numbers with unique tokens. “With American Express Token Service, traditional card account numbers... read more

One Touch PayPal on its way to Europe

07 Nov 14 @ 13:21

Braintree, acquired last year by PayPal for $800 million, is aiming to take its ‘One Touch’ payment technology for Paypal beyond the US market. In August the parent firm announced... read more

Visa and MasterCard bow to Canadian pressure on interchange

05 Nov 14 @ 10:51

Visa and MasterCard have bowed to pressure from Canadian regulators by agreeing to set a 1.5% cap on interchange rates in Canada for the next five years, a reduction of... read more

Apple’s payments move a tipping point – Verifone

05 Nov 14 @ 10:33

Apple’s move into payments with its Apple Pay service represents a tipping point for contactless payments, according to Verifone Europe president June Yee Felix, speaking at the Cartes 2014 event... read more

Proxama to acquire Aconite Technology

04 Nov 14 @ 10:24

Mobile commerce specialist Proxama is to acquire payment technology specialist Aconite Technology. According to the two companies, the acquisition will create a compelling end-to-end solution for card issuers to migrate... read more

Datacard Group and Entrust unveil new brand identity

04 Nov 14 @ 10:11

Instant issuance specialist Datacard Group and its recent acquisition Entrust have unveiled a new company name, logo and corporate brand identity – Entrust Datacard –  at the Cartes 2014 event... read more

Cartes 2014: users on the move

04 Nov 14 @ 09:57

Users on the move is the theme of Cartes 2014, taking place in Paris between 4-6 November. Exhibitors are demonstrating the latest innovations in mobile POS and digital commerce. Cartes... read more

Live@ Money2020: NXP secure NFC mobile transactions

03 Nov 14 @ 16:04

NXP Semiconductors has introduced the PN66T module: the “most comprehensive solution for secure NFC mobile transactions”. The module combines a highly secure Smart MX2 element (P61), NFC radio, operating system and... read more

Live@ Money2020: CPI Card Group launches CPIMobile for mobile payments

03 Nov 14 @ 15:54

CPI Card Group announced the launch of CPIMobile, an “innovative solution to deliver secure digital credentials to mobile phones for NFC mobile payments” using Sequent technology. Sequent will enable CPI to... read more

Sharp shift to mobile banking means malware prevention needs to become a key consideration

31 Oct 14 @ 11:56

As retail banks restructure to align with the uptake in mobile banking, the issue of mobile application security and malware attack prevention now needs to be brought to the fore... read more

BBVA Compass opens payments platform to Dwolla

30 Oct 14 @ 16:48

BBVA Compass has opened up its payments platform to Dwolla, enabling customers to make real-time payments through the Iowa startup’s payments network. The deal makes BBVA Compass the largest bank to... read more

UK regulator to explore blockchain technology

30 Oct 14 @ 16:43

The UK’s Financial Conduct Authority is to explore the potential benefits of blockchain technology, which underpins bitcoin, for use in the wider financial services industry, according to the regulator’s chief executive. At the... read more

40% of US consumers have made a merchant mobile payment

30 Oct 14 @ 12:40

40% of North American consumers have used their smartphones to make a mobile payment at a merchant location, according to an Accenture survey of 4,000 consumers in the US and Canada,... 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