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

01 Dec 14 @ 16:18

Proving that politicians should stay out of industries they do not understand and further backing up the law of unintended consequences, Europe’s politicians are currently considering final changes in the proposed Interchange Fee... read more

01 Dec 14 @ 16:00

Compass Plus, the retail banking and electronic payments software providers, has announced that its open development payment platform, TranzAxis, has now been fully certified to support Futurex’s Excrypt SSP9000 hardware security... read more

01 Dec 14 @ 12:29

Norway is set to roll-out Valyou, its first mobile NFC payment service, which is a collaboration between the country’s leading mobile operator and two of its largest financial institutions, recognising... read more

28 Nov 14 @ 15:20

Snapchat’s introduction of its Snapcash person-to-person payment service in collaboration with Square is indicative of companies’ growing leverage of social media accounts as payment tools. Snapchat’s flagship product is an... read more

28 Nov 14 @ 11:44

Further to the announcement on 8 September 2014 regarding the conditional acquisition of The Logic Group by Barclaycard (the Acquisition), Barclays Bank has announced that following receipt of competition authority clearance... read more

27 Nov 14 @ 15:34

Skrill Group has announced that it has signed an agreement to acquire Ukash[ii].  On completion, this acquisition will add scale and reach to Skrill Group’s rapidly growing paysafecard, one of Europe’s... read more

27 Nov 14 @ 15:27

This weekend, online spending in the UK is set to approach £1.5 billion[1] as consumers hit the shops to do their Christmas shopping, taking full advantage of the upcoming sales.... read more

27 Nov 14 @ 10:30

ATMIA has  published its 2014 global ATM fraud survey. Respondents from 42 countries, across all major regions, took part in the survey, up from a geographical spread in the 2013... read more

27 Nov 14 @ 09:41

GlobalCollect, an Ingenico Group company, and UnionPay International, a subsidiary of the global payment network China UnionPay,have unveiled a worldwide partnership that sees GlobalCollect become a worldwide acquirer for the... read more

26 Nov 14 @ 12:16

Discover Financial Services is suing Visa Inc , alleging the largest cards company has been using anti-competitive practices in its debit card business, and sought compensation for lost profit, court documents showed. Discover,... read more

26 Nov 14 @ 09:23

Bitcoin has a long road ahead before merchants widely accept the currency, but bitcoin acceptance is expanding and accelerating. Silk Road, the illicit online black market, was an infamous early... read more

25 Nov 14 @ 15:24

By the end of 2015 eBay and PayPal will become independent, publicly-traded entities. A combination of shareholder pressure and competitive innovation is believed to be the source of eBay’s September... read more

25 Nov 14 @ 14:52

Paym is set to roll out its mobile payments service for Business Internet Banking subscribers of HSBC. Until now HSBC’s Paym service, which launched in the UK in April this... read more

25 Nov 14 @ 12:57

The European Payments Council (EPC), representing the European banking industry in relation to payments, has published updated versions of the SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD) Rulebooks. The... read more

25 Nov 14 @ 12:50

Virtual currencies are likely to be a major disruptive force within five years, according to a new study published by Technology Strategies International. The report titled, The Future of Virtual... read more