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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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