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Apple Pay launches

21 Oct 14 @ 08:57

Apple’s new payment system, Apple Pay, rolls out at some retailers and promises more protection from hackers. With cybersecurity threats showing no sign of slowing down, perhaps it is time... read more

Royal Bank of Scotland enters P2P lending market

20 Oct 14 @ 17:07

Royal Bank of Scotland is set to enter the peer-to-peer (P2P) lending market in the latest sign that alternative finance is gaining traction by moving into the mainstream. The high street bank is... read more

Compass Plus powers Klarna’s global expansion

20 Oct 14 @ 16:32

Compass Plus has announced that it has successfully completed the implementation of its open development payments platform TranzAxis with Klarna, a leading European online payment provider. Klarna makes online payments... read more

Westpac launches new mobile payment sticker

20 Oct 14 @ 16:23

Westpac has launched its new mobile payment sticker, enabling customers to make payments with any mobile device. The Westpac PayTag, can be attached to the back of a mobile device... read more

Half of US POS terminals to accept EMV in 2015

20 Oct 14 @ 16:19

The Payments Security Task Force (PST) has announced a forecast of participating acquirers estimating that at least 47% of US POS terminals will be enabled for EMV chip technology by the end... read more

Easy steps to Fix 4 card reader errors

20 Oct 14 @ 13:17

Credit and debit cards have gained wide acceptance as the main mode of payment for US consumers for decades now. They have driven the economy to new heights as well... read more

MasterCard and Zwipe announce world’s first biometric contactless payment card

20 Oct 14 @ 12:55

MasterCard and Zwipe announced their partnership for the launch of the world’s first biometric contactless payment card featuring an integrated fingerprint sensor. The launch of the card comes after a successful... read more

EPC launches new SEPA scheme management bodies

20 Oct 14 @ 12:07

The European Payments Council (EPC) is to set up a host of new bodies to manage the Single euro payments area (SEPA) scheme and are calling for independent candidates to... read more

Alibaba make new financial services push

20 Oct 14 @ 11:59

Chinese e-commerce firm Alibaba Group said on Thursday it has folded six different businesses into a single business unit and changed the name of its Alipay financial services affiliate to... read more

W3C launches web payments initiative and reduce fraud

17 Oct 14 @ 09:00

The World Wide Web Consortium (W3C) says it will begin a new initiative to integrate payments seamlessly into the Open Web Platform and help tackle fraud. W3C calls upon all industry stakeholders... read more

Smartwatches face challenges as payment system

16 Oct 14 @ 11:00

A recent GfK survey in China, Germany, South Korea, the UK and the US indicates that people in these countries see potential in using smartwatches to ‘carry’ tickets for passenger... read more

Retail banks begin heavy digital investment

16 Oct 14 @ 10:52

Financial services association, BAI has released preliminary findings from a survey which suggests online and mobile platforms are the leading focus of technology investments for retail banks as they move... read more

Tokenization for mobile payments and mobile wallet services

16 Oct 14 @ 10:20

MasterCard and Visa has recently released the technical specifications for tokenization. Tokenization is the next generation security for mobile cloud based payments and other secure mobile services. “We started the... read more

SIA launches mobile money service

15 Oct 14 @ 14:26

Italian payment processor SIA has launched a SEPA-compliant smartphone-based mobile money transfer service, enabling users to send and receive money in real time to and from their phone contacts. The... read more

Kotak Mahindra offers Facebook mobile money transfers

15 Oct 14 @ 14:23

Indian bank Kotak Mahindra (KMB) has unveiled a mobile money transfer service enabling Facebook users to make funds transfers to each other. The KayPay application utilises India’s Immediate Payment Service... read more

Japanese social media network Line moves into payments

15 Oct 14 @ 14:17

Japanese social media messaging network Line has entered the payments market with a service for both online and in-store transactions. Line, which has 560 million registered users worldwide, will enable... read more

New UK regulator will supervise Visa and MasterCard

15 Oct 14 @ 14:12

The UK government is planning to put supervision of MasterCard and Visa alongside the UK’s main interbank payment systems under the remit of the new Payment Systems Regulator (PSR), which... read more

Is Apple Pay the answer to mobile payments?

14 Oct 14 @ 09:00

On September 9, 2014, Apple announced Apple Pay along with the iPhone 6 and Apple Watch. Apple Pay is first available in the US, with international launch expected later. 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