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FIS completes acquisition of Clear2Pay

02 Oct 14 @ 13:45

FIS, the world’s largest provider of banking and payments technology solutions announced it has completed its acquisition of Clear2Pay. The transaction brings new corporate payment solutions and services, inclusive of high-... read more

MasterCard Launch SafetyNet to protect against cyber hacking of banks and processors

02 Oct 14 @ 12:59

MasterCard has launched  SafetyNet, a global tool designed to reduce the risk of cyber hacking of banks and processors. SafetyNet is designed to use the power of MasterCard’s global network, to... read more

Major European MNO’s extend carrier billing via e-money partnership

02 Oct 14 @ 12:30

Boku, having secured a European e-money license, is partnering with three of the UK’s leading wireless operators to expand carrier billing capabilities into the fully-regulated mobile payments market. Boku is... read more

Germany to launch XML-based card clearing service

01 Oct 14 @ 11:14

The German central bank says it is working on a new XML-based infrastructure for debit card clearing transactions for the country’s financial institutions. The central bank will work with EBA Clearing... read more

Dwolla secures fresh investment to scale global payment network

01 Oct 14 @ 10:15

Dwolla has raised $9.7 million in a further funding round. The highly rated startup set out to build a scalable, global payment network capable of taking on national automated clearing... read more

Reddit plans cryptocurrency

01 Oct 14 @ 09:56

Reddit, the self styled “front page of the internet”, has raised $50 million in Series B on a $500 million valuation with intentions to give back 10% of the round’s equity to... read more

World Payments Report 2014

30 Sep 14 @ 14:22

Non-cash payments volumes are expected to grow 9.4% to reach 366 billion transactions in 20131, fueled by strong growth in developing markets and the use of credit (up 9.9%) and... read more

eBay and PayPal to split in 2015

30 Sep 14 @ 13:16

In an unsurprising move, despite best efforts to keep the companies joined, eBay announced it will split its PayPal unit into a separately traded company in 2015. The separation will... read more

UK fraud losses on payment cards on the rise

30 Sep 14 @ 12:32

According to figures released by Financial Fraud Action UK (FFA UK) card fraud and remote banking fraud increased during the first six months of 2014. The intelligence behind the figures... read more

Malware everywhere

30 Sep 14 @ 11:50

The threat of malware is growing faster and faster and creating more and more issues across numerous industries – including the payments industry. Malware exploit kits are simple to use,... read more

Mobile devices increasing opportunity for payment fraud

29 Sep 14 @ 15:00

As more consumers and employees use their smartphones and tablets, the risk of payment fraud stemming from those devices increase for small- and medium-sized businesses, warns a new report from... read more

From Abandonment to Acquisition – White Paper

29 Sep 14 @ 12:05

From Abandonment to Acquisition: Five tactics to reduce abandonment in your m-commerce channel. In this WhitePaper, Jumio examines how despite a track record of constant growth through perpetual innovation, the online retail industry is actually currently underperforming and further growth being held back.

Samsung Smartwatch to use PayPal mobile payments

29 Sep 14 @ 12:00

Samsung says it will partner with PayPal to offer mobile payments in the next edition of its Galaxy Gear smartwatch. The Korean manufacturer appears to be following in the footsteps of... read more

US chip and PIN migration worth the effort and cost

29 Sep 14 @ 09:34

The rollout of chip and PIN credit cards could cost $8.6 billion or more. Some experts say it’s not worth it – that the technology is already obsolete, and that... read more

US debit card interchange cap to remain unchanged

26 Sep 14 @ 13:34

According to news out of the US, the Federal Reserve Board says it will leave its debit card interchange cap for large issuers unchanged despite finding that some of their important... read more

Is tokenization the future of payment fraud prevention?

26 Sep 14 @ 13:26

According to a new report by the Federal Reserve Bank of Boston, tokenization is set to form a major change in the battle against payment fraud. Payment tokenization, as described by the MPIW... read more

Barclays mobile banking apps processing £4 billion per month

25 Sep 14 @ 17:25

UK banking customers are moving away from high-street branches and increasingly using mobile banking apps, according to recent research recent by Barclays. A study by the bank found that usage of its... read more

FS-ISAC and DTCC announce Soltra to improve global cyber security capabilities

25 Sep 14 @ 12:20

The Financial Services Information Sharing and Analysis Center (FS-ISAC), an organization focused on sharing critical cyber security threat information worldwide, and The Depository Trust & Clearing Corporation (DTCC), the premier... 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