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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

30 Oct 14 @ 12:14

Visa and MasterCard have welcomed China’s plans to open up its market for clearing domestic payment card transactions, as they stand to gain access to a growing market worth more than $1... read more

30 Oct 14 @ 12:07

After several days of questions as to why the pharmacies Rite Aid and CVS blocked Apple pay in their stores after initially accepting it, executives from the Merchant Consumer Exchange... read more

29 Oct 14 @ 12:03

The European Central Bank (ECB) has flexed its muscles in the payment systems oversight area for the first time through the exercise of new powers by identifying 4 payment systems that... read more