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Payment modernisation in the digital era

17 Sep 14 @ 10:48

The frenetic pace of payments industry activity is gathering momentum with every day that passes. As new solutions and technologies begin to gain traction worldwide, the war on cash is being fought on many fronts. But the most pressing issue for financial institutions is whether their existing payment systems can support the rapid evolution occurring. Read the full report produced in association with BPC Group.

Domestic schemes – set for domination?

16 Sep 14 @ 13:55

The launch of RuPay in India and plans for a Russian payment network indicate a resurgence in domestic schemes, but at what cost to the international players? While Europe’s banks... read more

How to secure HCE applications

16 Sep 14 @ 13:49

E-security solutions provider, Cryptomathic, has published its latest white paper, which offers advice to banks and payment service providers on how to protect mobile banking, payment and (Host Card Emulation)... read more

Banking and Payment vertical continues to offer strong growth for smart cards

16 Sep 14 @ 11:21

The global market for smart cards  will see steady growth due to the increasing emphasis on the Europay, MasterCard and Visa (EMV) standard in the payment and banking vertical. In... read more

TfL goes contactless in London

16 Sep 14 @ 09:02

In the wake of Transport for London (TfL) going fully contactless across its travel network, Visa predicts Brits will make 500 million contactless payments between now and December 2015. Transport... read more

Mobile operators scrap Weve

15 Sep 14 @ 13:08

As history repeats its self, Weve, owned by EE, O2 and Vodafone, has ditched plans for a joint mobile wallet, based on NFC, which was meant to help the operators... read more

US push ahead with faster payments initiative

15 Sep 14 @ 12:26

The U.S. Federal Reserve has restated its commitment to push for development of a faster payments system, with the Fed’s financial services policy committee saying officials will prepare and share... read more

Apple Pay to work with China UnionPay

12 Sep 14 @ 13:02

Apple may work with China’s leading issuer of credit cards China UnionPay to offer Apple Pay via NFC (Near Field Communication) supported payment systems with its latest smartphone, the iPhone... read more

Canada nears agreement on lower credit card fees

12 Sep 14 @ 12:53

Joe Oliver, the Canadian Finance Minister, is said to be pressing credit card companies and banks to accept lower credit card fees paid by retailers, which the government claims are among... read more

Mobile commerce worth $516 billion by 2017

12 Sep 14 @ 12:44

Mobile commerce will drive an estimated $516 billion in sales over the next three years, accounting for more than 70% of all mobile Internet revenue. That is the prediction of... read more

Citi claims first blood for US digital wallet launch

12 Sep 14 @ 11:16

Citigroup has claimed to be the first global bank to introduce its own branded digital wallet in the US. However, questions are being asked as to how many of Citi’s... read more

UK contactless payments hit new highs

11 Sep 14 @ 11:15

Worldpay has hit more than 100 million contactless payments, marking a major milestone for UK businesses as increasing numbers of consumers continue to reject cash in favour of cards. With... read more

Millicom create payments service provider for Africa and Latin America

11 Sep 14 @ 10:54

Millicom and Kalixa have established a joint venture to develop a payments service provider to operate in Africa and Latin America, initially commencing in Colombia and Brazil later this year.... read more

Retailers welcome ruling on card fees

11 Sep 14 @ 10:36

UK retailers have today welcomed an historic court ruling to end card fees retailers pay banks to process card payments (known as interchange fees). Today’s judgement by the European Court... read more

Apple Pay explained

10 Sep 14 @ 11:19

A nice, neat explanation of the salient points of Apple Pay: User: iTunes account with Visa or MasterCard or Amex card on file and issued by the most popular banks,... read more

World Retail Banking Report 2014

10 Sep 14 @ 10:06

For the first time in three years, global Customer Experience has declined reflecting an inflection point in customer expectations finds the World Retail Banking Report 2014. Future customers, mainly Gen... read more

Has Apple underwhelmed with Apple Pay?

10 Sep 14 @ 09:38

The concept of mobile payments, mobile money, and mobile wallets has been around for some time and many major companies have had a go at it. Some progress has been... read more

Payments platform to connect mobile operators and enable digital payments in emerging markets

09 Sep 14 @ 16:18

Skrill has launched an online payments platform to drive digital inclusion in emerging markets.  By partnering, mobile network operators enable consumers to engage with global online eCommerce, thereby increasing average... 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