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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

Lusis Payments TANGO achieves 2,500 transactions per second

28 Jul 14 @ 10:42

Lusis Payments, a Global payments software and services provider, is proud to announce the results of a recent proof of concept that demonstrated that its TANGO platform is capable of... read more

China becomes the world’s largest ATM market

28 Jul 14 @ 10:40

China became the world’s largest ATM market in 2013, surpassing the US, according to the latest report “ATMs in China 2014” strategic research and consulting firm Retail Banking Research (RBR).... read more

Contactless payments set to launch on TfL

25 Jul 14 @ 11:59

From 16 September Transport for London (TfL) will introduce contactless payments for all pay as you go customers on the Tube, London Overground, DLR and Trams in addition to the... 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