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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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ASB and BNZ to launch New Zealand mobile wallet

13 Oct 14 @ 17:42

New Zealand banks ASB and BNZ are to launch a live pilot of a domestic  mobile wallet developed by NFS NZ, a joint venture company established by the country’s leading... read more

200 billion card payments worldwide in 2013

13 Oct 14 @ 17:21

A total of 205 billion card payments were made worldwide in 2013, a rise of 13% on 2012, according “Global Payment Cards Data and Forecasts 2013-2019”, a new report from... read more

Cross Border Acquiring interchange concessions – new risks for acquiring?

10 Oct 14 @ 15:30

The recent card scheme cross border acquiring (CBA) concessions have created a new model for cross-border acquiring. By default they have become the European Commission’s ‘Plan A’ as a result... read more

Payments matter as e-commerce sites lose revenue through lack of choice

10 Oct 14 @ 13:57

E-commerce merchants based outside of the UK could be losing out on vital global sales from Generation Y by failing to convert browsers into buyers at the checkout. New research[1]... read more

Mobile money transfer gains momentum

10 Oct 14 @ 11:00

As mobile money transfer services like Pingit and Paym gain traction, how will mobile remittances help drive mobile commerce? With all the focus on mobile payments and wallets, and the... read more

CaixaBank gears up for wearable’s with contactless payment technology

09 Oct 14 @ 13:57

CaixaBank, Spain’s innovative financial services provider, is preparing for its commercial launch of contactless EMV payment wristbands. These wearable banking devices, certified by the international payment schemes, give CaixaBank customers... read more

UK card transactions top 1 billion a month for the first time

09 Oct 14 @ 12:11

The number of UK card transactions, made by either debit and credit, in a single month passed 1 billion for the first time in August, according to the latest figures from The UK Cards Association.... read more

Mobile payments, Smartphones, Smartwatches and wearable tech as new ways to pay

09 Oct 14 @ 11:33

PayPal Canada has released the findings of a national study that shows Canadians are keen to embrace future-forward mobile payments options like wearable devices and smartwatches. The study provides insight... read more

HCE support could reach 85% of smart phones

08 Oct 14 @ 17:04

Host Card Emulation (HCE) technology support is growing by leaps and bounds. Since it was introduced in the KitKat version of Android Operating System, HCE support in smart phones has... read more

Facebook testing mobile payments on Messenger app

08 Oct 14 @ 11:56

Facebook is apparently testing a new feature on its Messenger app that would allow users to send each other money, despite the failure of Facebook Credits. According to screenshots that... read more

UK’s leading retailers to bring mobile payments to millions via Zapp

08 Oct 14 @ 11:36

UK mobile payment provider Zapp has announced a wide range of retail partnerships across a range of sectors like Asda, Sainsbury’s, House of Fraser, Thomas Cook and Shop Direct (including... read more

Tyupkin malware used to steal millions from ATM’s

08 Oct 14 @ 11:14

Kaspersky Lab says that it has discovered Criminals are using the Tyupkin malware to clean out cash machines around the world, stealing millions of dollars. After a forensic investigation conducted... read more

Equity Bank challenges M-Pesa with Thin SIM technology

07 Oct 14 @ 15:35

Kenya’s Equity bank is aiming to challenge mobile money transfer giant M-Pesa with the release of an ultra-thin smart SIM enabling users to access the bank’s mobile money service without... read more

mPOS player Square raises $150 million funding

07 Oct 14 @ 15:32

mPOS player Square has raised $150 million in a funding round, led by the Government of Singapore Investment Corporation. The funding round values Square at $6 billion. Existing investors Goldman... read more

MasterCard to mine Facebook user data in Asia-Pacific

07 Oct 14 @ 15:28

MasterCard has signed a two-year deal to mine Facebook Asia-Pacific user data, detailing consumers’ online habits to uncover behavioural insights it can then sell to banks. MasterCard aims to feed the... read more

Inside Test Tools 2014

07 Oct 14 @ 10:40

In this supplement, produced in conjunction with test tool provider Clear2Pay, we explore how closely test tools are embedded in the payments industry and the role that they play supporting all of the sectors to enable innovation, safety and cost savings.

UnionPay launch NFC payment service with Samsung in China

03 Oct 14 @ 12:23

UnionPay, China’s largest card company and leading card issuer by number of cards, has launched an NFC payment service with Samsung. UnionPay’s NFC payment system can be used by more... read more

JP Morgan denies second cyber hacking reports

03 Oct 14 @ 10:37

Having strongly denied a second round of cyber hacking as reported in the New York Times, the embattled bank has released figures on the breach. On Thursday, citing “several people”... 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