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LevelUp adds BLE to payment terminals

19 Jun 14 @ 14:24

Mobile payments provider LevelUp is to integrate its merchants with the ability to push offers to shoppers via Bluetooth Low Energy (BLE) beacons built into the next version of its POS... read more

Latin American bank BCI goes live with Open Payment Framework

19 Jun 14 @ 13:50

Banco de Crédito e Inversiones’ (BCI) payment hub has gone live based on Clear2Pay’s Open Payment Framework. The first phase, which focuses on domestic payments, has successfully delivered a unified... read more

Amazon phone set to ignite mobile banking market

19 Jun 14 @ 13:38

Amidst mixed reactions and a media storm, Amazon has launched its smartphone. John Legere, T-mobile USA’s outspoken CEO took to Twitter before the launch to complain about press reports that... read more

Merchants which opt out of $7.2 billion credit card fee settlement face risks

18 Jun 14 @ 14:13

Believing they will fare better independently, some large US retailers have withdrawn from a proposed $7.2 billion credit card fee settlement class-action over a reported conspiracy to inflate credit card fees.... read more

Card Networks plan for post plastic era

18 Jun 14 @ 13:59

Card networks are taking aggressive action not to lag behind the expected replacement of plastic products with new digital payment methods. For example, Discover Financial Services has signed onto the... read more

Bright outlook for national payment schemes, predicts global research

18 Jun 14 @ 09:30

National card and national payment schemes have reason to be optimistic about their future, in spite of increasing globalisation, according to comprehensive new research into the sector. National Payments Schemes:... read more

Orange, BNP Paribas extend mobile banking in Africa

17 Jun 14 @ 16:40

Orange and the BNP Paribas group are offering retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones. The new... read more

MasterCard RFP for Russian processor

17 Jun 14 @ 15:59

MasterCard has sent out an RFP for Russian companies to bid for on a contract to process its Russian domestic payments as the US card company seeks to overcome  recent... read more

Mobile banking Trojan mutates with ransomware features

17 Jun 14 @ 13:02

An Android mobile banking Trojan program originally designed to steal mobile banking credentials from Russian users has been found in the wild and has been retrofitted with ransomware functionality to... read more

US embraces EMV in wake of Target breach

16 Jun 14 @ 16:24

Spurred by major data breaches at Target and other stores, the US banking and retail sectors are turning to more secure microchip-based EMV payment cards, causing US shipments of these... read more

Over £7 billion lost by UK SMEs from missed payment opportunities

16 Jun 14 @ 16:21

Only 42% of UK SMEs currently offer customers the option of paying by card, despite card spending more than doubling in the last decade, according to research from Barclaycard. SMEs... read more

Worldline plans €610 million IPO

16 Jun 14 @ 16:19

French payment processor Worldline is set to be spun off by its parent Atos in an initial public offering (IPO) valued at €610 million. Worldline will issue around €255 million... read more

Cartes Bancaire plans biometric payments

16 Jun 14 @ 16:16

The French domestic card scheme, Groupement des Cartes Bancaires (CB), is planning to introduce biometric payment based on fingerprints before the end of 2014. CB is working with the National... read more

BlackBerry signs mobile payment deal with EnStream

13 Jun 14 @ 12:12

BlackBerry announced it has reached a three-year deal with Canadian mobile payment technology firm EnStream to provide a secure platform for mobile-payment transactions between several big Canadian banks and their customers.... read more

Interchange – A level playing field?

13 Jun 14 @ 10:59

While much of the debate around European card regulation and interchange focuses on Visa and MasterCard, how will three-party schemes fare under proposed legislation? The July 2013 publication of European... read more

RS2 signs top global payments processor

12 Jun 14 @ 13:32

RS2 Software, the company behind the comprehensive, high-performance and high-availability card management solution BankWORKS, has announced a major license and services agreement with a global payments processing company. The comprehensive... read more

The data breach dilemma

12 Jun 14 @ 12:29

In the wake of high-profile retailer breaches, how is the payment industry responding? The year 2013 looks likely to be defined as the year of the data breach, as fraudsters... read more

Payments App Store approach to revolutionise product development for banks

12 Jun 14 @ 11:00

Ixaris – the payments innovator that pioneered virtual prepaid cards and rapid deployment of payments solutions for corporates – has announces a ground-breaking approach for banks to bring new payments... 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