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Bitcoin could be considered legal tender in Australia

01 Sep 14 @ 12:09

Australia’s tax commissioner has indicated that the bitcoin digital currency could be considered legal tender in the country. Several countries around the world are struggling over whether to classify bitcoin... read more

UK urges Russian expulsion from Swift

01 Sep 14 @ 12:06

The UK government is to urge European Union nations to expel Russian banks from the Swift financial messaging network, amid rising tensions over the crisis in Ukraine. UK prime minister... read more

MasterCard-branded national eID card launched in Nigeria

29 Aug 14 @ 13:16

Nigeria’s national eID card scheme has been officially launched. In the pilot phase, the Nigerian Identity Management Commission (NIMC) will issue MasterCard-branded identity cards with electronic payments functionality to 13... read more

Apple opts for NXP NFC chips for next iPhone

29 Aug 14 @ 13:13

Tech giant Apple is working with global semiconductor manufacturer NXP to add secure short-range wireless technology into the next iPhone, enabling new pay-by-touch capabilities. The next release of the iPhone... read more

Ukash partners with Singapore’s YuuPay

29 Aug 14 @ 13:10

Global online cash payment provider Ukash has partnered with YuuPay, the Singapore-based payment service provider. The agreement will enable around 400 merchants already using the YuuPay system in Asia, Australia... read more

Apple’s digital wallet patent references ‘virtualised currencies’

28 Aug 14 @ 12:16

With tech giant Apple positioning itself to enter the mobile payment space, interest has been piqued by a recent digital wallet patent application that has just been made public. The... read more

JPMorgan suffers hack attack

28 Aug 14 @ 12:11

US banking giant JPMorgan is the latest high-profile organization to suffer a hack attack, which is now being investigated by the FBI. It is reported that in mid-August, Russian hackers... read more

GoCoin brings bitcoin to 1,000 businesses

28 Aug 14 @ 12:09

Digital currency processor GoCoin has announced a partnership with Apriva, a major payment processor, to enable bitcoin payments for more than 1,000 clients of Apriva. GoCoin is the first payment... read more

Visa Checkout e-commerce solution at nearly 4m US online retailers

28 Aug 14 @ 12:05

Visa has announced that its Visa Checkout e-commerce service is now available at nearly 4 million US online retailers. The Visa Checkout service incorporates a ‘Checkout’ button into retailer websites,... read more

Ingenico and First Data launch mPOS in India

28 Aug 14 @ 12:02

Ingenico Roam, part of Ingenico Mobile Solutions, has partnered with global payment processor First Data to launch an mPOS solution into the Indian market. Leveraging ROAM’s mobile solution and Ingenico’s... read more

CaixaBank to invest €500m in next-generation ATMs

27 Aug 14 @ 11:57

Spain’s CaixaBank has signed an agreement with ATM manufacturer Fujitsu to manufacture 8,500 new terminals featuring cutting-edge technology and to innovate jointly on a global scale. The new ATMs are... read more

BPC SmartVista selected for Ethiopian national payment system

27 Aug 14 @ 11:54

BPC Banking Technologies, a global provider of open system payment solutions, has been selected by Ethiopia’s EthSwitch to power its national switching operations in Ethiopia. BPC’s SmartVista solution was selected... read more

IBM and Monitise form global alliance

27 Aug 14 @ 11:52

IBM and global mobile banking solution provider Monitise have announced a global digital commerce and resourcing alliance. Aimed at leveraging both companies’ mobile banking, payments and commerce technology, this alliance... read more

Square overhauls Cash app for text-based P2P payments

27 Aug 14 @ 11:49

mPOS player Square has overhauled its Cash P2P payments app to enable users to send and receive funds via text. The latest version of Square Cash gives users the ability... read more

Is the US bank branch making a comeback?

26 Aug 14 @ 11:05

A survey from the American Bankers Association (ABA) shows that the internet continues to be the most popular banking channel, although mobile, ATMs and even branches are gaining popularity. A... read more

Westpac to integrate Moven in internet banking

26 Aug 14 @ 10:59

New Zealand’s Westpac Bank will integrate its online banking platform with start-up Moven’s mobile money management tool to enable customers manage their money through their smartphones, tablets or desktop. Moven,... read more

Twitter and Stripe work on ‘in-tweet’ e-commerce purchases

26 Aug 14 @ 10:55

Micro-blogging site Twitter is reportedly linking up with payments start-up Stripe to launch an ‘in-tweet’ e-commerce purchase feature, enabling users to enter payment information without leaving the site. Twitter is... read more

MasterCard and Visa targeted in Target lawsuit

26 Aug 14 @ 10:50

The Target data breach, which compromised the data of 40 million cardholders continues to have ramifications across the industry. Following a class-action lawsuit against Target for the data breach, MasterCard... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more