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Discover Financial sues Visa over anti-competitive PIN practices

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

The current Bitcoin acceptance market

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

eBay and PayPal Split: What’s Next?

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

Paym signs HSBC for business users

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

EPC updates the SEPA Credit Transfer and SEPA Direct Debit rulebooks

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

Virtual currencies set to disrupt major markets within 5 years

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

Half of UK consumers using digital wallets

25 Nov 14 @ 12:38

More than half of UK consumers (54%) now say they often or always use digital wallets to pay for goods online. This is according to a survey of 2,000 UK... read more

Visa Europe set to cost $10 billion

24 Nov 14 @ 12:18

Visa Inc. the world’s largest credit and debit card company, believes it might have to pay more than $10 billion to buy its London-based European licensee, Visa Europe Ltd, if its owners... read more

US retailers see surge in NFC payment

21 Nov 14 @ 12:35

Retailers in the US are seeing an uplift in NFC payment transactions in the three weeks following the launch of Apple Pay, according to The New York Times. Grocery chain Whole... read more

Data analytics accelerates disruption in banking

21 Nov 14 @ 12:26

Access to data and the ability to effectively manage data analytics will decide which financial institutions prosper and which will be supplanted during this wave of transformation – this was... read more

Coinbase partners RewardsPay for iTunes bitcoin payments

21 Nov 14 @ 12:08

RewardsPay has opened its payments platform to Coinbase enabling online shoppers to use bitcoin for purchases at iTunes and Facebook. RewardsPay’s service lets people use the cash rewards they get... read more

Bitcoin ATMs paying off initial investments in months

20 Nov 14 @ 10:00

An industry that was non existent a mere 12 months ago is flourishing and profitable, according to Bitcoin ATM pioneers, Lamassu. Internal Lamassu surveys show that standard cash-to-Bitcoin ATM locations... read more

Asia-Pacific overtakes North America to become the largest EFTPOS region

20 Nov 14 @ 09:00

New research from London-based strategic research and consulting firm RBR shows that there were 61 million EFTPOS terminals installed at 40 million merchant outlets around the world, at the end of 2013.... read more

Making the most of merchant loyalty

19 Nov 14 @ 11:00

Creating merchant loyalty – location–based offers, discounts and targeted messaging are helping to place merchants at the centre of consumer engagement. According to research by IDC, 1.5 billion smartphones will... read more

Research reveals banks’ attitudes to HCE

19 Nov 14 @ 10:49

Global bank-led industry association, Mobey Forum, has published a white paper detailing the results of a survey that outlines the attitudes of its international membership toward the adoption of host... read more

The state of SEPA

19 Nov 14 @ 10:00

How is SEPA faring now that migration deadlines have passed, and could banks be doing more? Finally, after a 15-year wait, and a delayed 1 August migration deadline, the Single Euro... read more

Mobile money momentum

19 Nov 14 @ 09:00

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

Snapcash…WTF?

18 Nov 14 @ 12:38

Messaging phenomenon Snapchat has teamed up with Square to enable users to send each other money through Snapcash, an addition to the Photo sharing app. Snapcash lets Americans over the... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more