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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Apple and Visa to work together?

05 Aug 14 @ 14:40

In another bout of analyst fuelled prospecting, Apple and Visa are now deepening their relationship – Pacific Crest analysts issued a report in which they declare that “we think a partnership between Apple and Visa would... read more

Westpac New Zealand release world first augmented reality banking app

05 Aug 14 @ 11:23

Westpac New Zealand will release the world’s first banking app for account management using augmented reality. Customers will soon be able to use augmented reality and its 3D imagery to... read more

European card fraud losses hit new high

04 Aug 14 @ 12:25

FICO has published its latest map of card fraud in Europe, showing that card fraud losses in 2013 for the 19 European countries studied reached €1.55 billion. This figure was... read more

UK contactless payments surge by 18%

04 Aug 14 @ 10:34

The use of contactless cards to make contactless payments has continued to gain monthly momentum in the UK, according to figures released by Visa Europe today. Consumers made almost 20 million... read more

PBZ to test HCE for mobile NFC payments on American Express network

01 Aug 14 @ 11:47

Privredna Banka Zagreb (PBZ, Intesa Sanpaolo Group), Intesa Sanpaolo Card and American Express have initiated a pilot to test – for the first time – HCE (Host Card Emulation) for... read more

Backoff! POS malware

01 Aug 14 @ 11:27

The US Department of Homeland Security today issued an advisory alert to businesses concerning the existence of Backoff, a new point-of-sale malware which infiltrates retail computer systems. The alert, issued on... read more

Tablet banking has arrived

01 Aug 14 @ 10:49

A notable proportion of those who own a tablet or e-reader use it for banking activities and see this as their primary banking method according to a recent survey by... read more

Airtel Africa move $2bn in mobile money transactions in Q1

01 Aug 14 @ 10:24

Bharti Airtel used Q1 numbers to highlight how its African subscribers have taken to mobile money with enthusiasm. “Telecoms are back to growth in Africa, this time spearheaded by internet... read more

Fraud victims less confident with affected businesses

31 Jul 14 @ 16:03

Around 72% of US consumers affected by fraud have also been victims of data breaches, according to data from the National Consumers League and US research company Javelin Strategy and... read more

Square plans US EMV card reader

31 Jul 14 @ 15:58

mPOS payment player Square has revealed plans to launch a EMV-compliant chip and signature version of its mPOS dongle as the US continues to implement EMV. Square has built a... read more

Juncker considers creating financial services tsar

31 Jul 14 @ 15:56

A new European Union (EU) financial services tsar tasked with regulation and ensuring financial stability in the EU would be appointed in Brussels under new plans being considered by Jean-Claude... read more

MNOs could save millions on compliance

30 Jul 14 @ 15:42

Europe’s mobile network operators (MNOs) could save millions of euros per year with better management of mobile payments compliance, according to  mobile monitoring experts Empello. In the UK, a market... read more

Google Bank unlikely to happen – Forrester

30 Jul 14 @ 15:37

Google is unlikely to launch a traditional bank because of the associated costs and regulation, according to a new report from research firm Forrester. Instead, Google will likely become a... read more

Nintendo launches NFC payments on Wii U in Japan

30 Jul 14 @ 15:33

Japanese game console maker Nintendo is enabling gamers in Japan to purchase titles on Nintendo’s eShop by tapping their contactless NFC payment cards against their Wii U controllers. Nintendo is... read more

8 in 10 Brits would ditch passwords for biometric security

29 Jul 14 @ 15:46

8 in 10 (79%) Brits are ready to ditch their passwords in favour of biometric security measures like fingerprint scanners, new research shows.1 iPhone 5s sales of more than 10... read more

Global fraud study

29 Jul 14 @ 11:16

A global fraud study of more than 6,100 consumers across 20 countries revealed distrust among global consumers in retailers to protect their data. However, the study also reveals that consumers... read more

Sparda Bank Group is first in Germany to introduce digital wallet

29 Jul 14 @ 10:39

In September 2013 MasterCard and Worldline started their cooperation on the provision of the first digital wallet platform with open interfaces available for card-issuing institutes. During Q4 2014 a new,... read more

Asian telcos form NFC alliance

28 Jul 14 @ 17:07

Four Asian telcos have formed an NFC alliance to ensure cross-border compatibility of mobile payment systems and branding. Japan’s KDDI, Chunghwa Telecom (Taiwan), Hong Kong Telecommunication and Korea’s SK Planet... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more