09 Dec 14 @ 09:46

PaymentsCM (PCM) predicts that contactless card payments in the UK this Christmas will exceed £500 million with over 250,000 transactions in December. The increase in contactless users has had a... read more

08 Dec 14 @ 17:03

Barclays is giving 1 million customers the ability to deposit cheques remotely by taking photographs with their phones – cheque imaging. Barclays has been piloting the service with a few... read more

08 Dec 14 @ 16:51

Ripple Labs is to plug its real-time settlement protocol into the Earthport payment hub, opening new channels to market for the open source transaction technology. Under the partnership, Earthport’s customers... read more

08 Dec 14 @ 16:26

The UK’s Faster Payments scheme, now in its sixth year since Faster Payments were launched as a near real time, world-class payment clearing system. The service has been a great success; annualised growth... read more

08 Dec 14 @ 09:56

A new report from InfoScout suggests Apple Pay is yet to gain widespread adoption among iPhone 6 owners due to poor consumer awareness of which stores accept the NFC payments... read more

08 Dec 14 @ 09:49

This week, the Merchant Financial Cyber Partnership announced plans to strengthen the security of the payments system and align on cyber security. In a press release, the group announced the... read more

04 Dec 14 @ 11:54

A total of $296 million was spent globally across the bitcoin network on Cyber weekend, according to insight provided by Bitnet. Bitcoin registered as the 9th biggest payment network worldwide... read more

04 Dec 14 @ 11:07

In a new report, Celent summarizes payment statistics and noncash transactions it tracks from over 120 countries, by both payment type and region. Celent estimates that there were 345.7 billion... read more

04 Dec 14 @ 09:14

E-commerce Christmas spend in the UK is set to hit a record £74.3 billion, with almost one in four pounds expected to be spent online, according to research commissioned by digital offer marketplace... read more

03 Dec 14 @ 15:32

US retailer Target has failed to overturn the lawsuit brought against them by financial institutions over losses associated with last year’s data breach after a US judge has given  the go-ahead to... read more

03 Dec 14 @ 15:17

More than three-quarters of online merchants (79%) believe the growing proliferation of markets, purchasing channels and payment methods pose a significant challenge for effectively dealing with fraud, according to the... read more

03 Dec 14 @ 14:50

In September, One Touch mobile payments was announced with PayPal in the US, the industry’s first and only single touch payment experience across Android and iOS. Today, in an effort to... read more

03 Dec 14 @ 14:39

Online payments start-up Stripe on Monday closed a $70m fundraising round that has seen the company’s valuation double in less than a year to $3.5bn, as investors see promise in... read more

03 Dec 14 @ 10:02

The GSMA has predicted that global smartphones will hit 1.75 billion units by the end of 2014. Mobility has become the hub of computing and connectivity. As smartphone adoption rates grow year... read more

02 Dec 14 @ 15:47

Cyber weekend, the culmination of Black Friday and Black Monday combined is over for another year and IBM’s James Lovell, European Retail Solution Leader discusses some of the key findings to come... read more

02 Dec 14 @ 11:24

Australia’s new payment system will be delayed by a year after five institutions stepped back from funding the $1 billion project. It was announced on Tuesday that the Reserve Bank of Australia-backed real... read more

02 Dec 14 @ 10:10

It has been revealed that payment technology is set to be a key area of focus for banks across the globe in 2015 – according to the Ovum ICT Enterprise Insights* program, based... read more

01 Dec 14 @ 17:00

MasterCard is seeking to partner with Visa to use biometric information to replace passwords for online payments. Existing password-based online security authentication is known as 3D Secure, which the two... read more