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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

Charge Anywhere admits security breach

15 Dec 14 @ 12:15

It has been revealed that for the last five years, hackers have been using a banking malware to siphon unencrypted credit/debit card information from the computer networks of Charge Anywhere, an... read more

US banks partners Payfone for mobile authentication

15 Dec 14 @ 10:43

Payfone a mobile authentication startup,  is working with US financial institutions to introduce technology that utilises the same security standards applied by wireless operators to identify their customers as they... read more

Lloyds mobile cheque deposit tech

15 Dec 14 @ 10:32

Lloyds Bank is to roll-out mobile cheque deposit technology with a select group of commercial customers. The pilot trial will enable customers to take a photo of the cheque using their mobile... read more

Mobile commerce booming in China

15 Dec 14 @ 10:27

Online shopping via mobile phones has become the main way Chinese people spend their money, with a large number of those living in rural areas jumping on the mobile commerce bandwagon,... read more

Hackers will target Apple Pay and ATMs in 2015

12 Dec 14 @ 11:05

Apple Pay and ATMs are included on Woburn, Mass.-based data-security services provider Kaspersky Lab Inc.’s newly released list of nine security predictions for 2015. The top targets will be banks, which... read more

Mobile payments trends in 2015?

12 Dec 14 @ 09:00

With Apple leading the market, banks losing some control, and Bitcoin blockchain used to design new financial products, it looks like an exciting year ahead for the mobile payments space.... read more

High value contactless payments arrive in the UK

11 Dec 14 @ 13:56

A new service that lets NFC phone users enter their PIN on their mobile device to confirm a high value transaction is making it possible for UK consumers to make... read more

The 10 biggest issues in e-payments

11 Dec 14 @ 12:31

As we head toward the close, 2014 seemed to be the year of the dinosaur— as in the outmoded creature whose days were ended in the flash of a mighty asteroid strike.... read more

USA: EMV at the ATM

10 Dec 14 @ 11:09

Vast numbers of hours, experts and resources have been devoted to the implementation of the EMV standard for credit and debit cards in the United States. As the smoke begins... read more

Russian banks begin testing national payment system

09 Dec 14 @ 16:18

According to local sources, Russia’s Rossiya and SMP banks, which fell under Western sanctions, are among the eight lenders that will start testing the country’s new national payment system on... read more

European payment firms investment hits record levels

09 Dec 14 @ 12:38

It has been disclosed that venture capital investment in European payment companies is surpassing dotcom boom levels, boosted by the fast take-up of digital technologies and shifts in consumer behaviour.... read more

Starbucks testing mobile ordering and payment

09 Dec 14 @ 12:10

The coffee chain Starbucks processes around 47 million transactions each week in its 12,000 US stores, news.yahoo.com reports. According to the source, 7 million of those purchases (around 15%) are made... 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