magazine

Latest Issue

THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

Credit Card 101

25 Jul 14 @ 11:17

Did you know that more than half of the UK has a credit card? In this interesting infograph, find out how credit cards have developed over the past century, from... read more

Android cyberattacks on 34 European banks

24 Jul 14 @ 15:44

The ways your online banking accounts are protected might be full of holes. Banks have been trying to prevent crooks from accessing your online accounts for ages. Passwords, PINs, coordinate... read more

Hackers attack on European Central Bank

24 Jul 14 @ 15:25

It seems that no organisation, large or small is safe. The European Central Bank (ECB) has been hacked, with attackers stealing email addresses and contact data from the organisation’s public... read more

Apple mobile wallet

24 Jul 14 @ 14:57

In a further round of speculation and rumour, Apple’s talks with companies in the payment industry have been heating up in recent months regarding the launch of a mobile wallet,... read more

PSD2: A ‘bull by the horns’ approach to open access

23 Jul 14 @ 16:06

As the European Commission moves closer towards its ambitions of creating a single European payments market, one proposal put forward in Article 58 of the upcoming Payment Services Directive (PSD2)... read more

TSYS Q2 revenues upbeat

23 Jul 14 @ 13:01

TSYS announced its revenues for Q2 2014 increased by 30.4%, while its adjusted earnings per share (EPS) from continuing operations were $0.45, an increase of 19.8%. According to a company press... read more

Daily mobile transactions rise to $71m in Kenya

23 Jul 14 @ 10:35

Kenyans are transacting Sh6.2 billion ($70.49m) daily through mobile phones, Central Bank of Kenya has said. This is a rise from an average of Sh5.2 billion last year, underlining growing... read more

Amazon Wallet

23 Jul 14 @ 10:20

Amazon has quietly released a new Android and Fire Phone app, dubbed Amazon Wallet, which lets users scan cards with their phone and save them in the Amazon cloud, so... read more

UK’s Payments Council in merger talks with British Bankers Association

22 Jul 14 @ 16:12

The UK banking industry’s main lobbying group, the British Bankers Association, is considering a proposal to merge with at least two of its peers amid pressure from leading members to... read more

Westpac trials HCE digital wallet technology

22 Jul 14 @ 15:22

Westpac is trialling Host Card Emulation  mobile payments (HCE digital wallet), the first bank in New Zealand to actively do so and one of only a handful of banks globally... read more

Global Mobile Payments Index Q2 2014: UK Ahead of Rest of World

22 Jul 14 @ 15:09

Adyen announced findings from its latest global Mobile Payments Index covering the period of April through June 2014.  During this period, on average mobile web payments accounted for almost 22%... read more

Visa Europe to use biometrics for payment authentication

22 Jul 14 @ 14:06

In a recent blog post, Jonathan Vaux, director of new payment propositions at Visa Europe  attributes the increase in the popularity of card-on-file payment to the growing use of biometrics for payment authentication. Vaux... read more

Facebook gets busy in payments

21 Jul 14 @ 16:05

Social network giant Facebook is testing a “buy” button which would enable users to purchase products featured on advertisements or page posts on the social network. Users can pay with... read more

UK banks face competition probe

21 Jul 14 @ 16:01

The UK Competition and Markets Authority (CMA) is planning to launch an investigation into the UK retail banking sector in a move which could see high-street giants being broken up.... read more

Venture capital funding for payments on the wane

21 Jul 14 @ 15:57

Despite a slew of funding rounds for payment industry start-ups over the last few years, venture capital providers are backing away, according to data from CrunchBase. The research firm found... read more

ACI Worldwide acquires anti-fraud specialist ReD

21 Jul 14 @ 15:52

Global payment solution vendor ACI Worldwide is to acquire UK-based payment fraud prevention outfit Retail Decisions (ReD) for $205 million in cash. ReD’s suite of products includes solutions for merchants... read more

Could this be Apple’s biggest innovation since the iPhone?

17 Jul 14 @ 13:25

This spring, Apple CEO Tim Cook offered a vision of the company’s future – to anyone reading between the lines. “We have almost 800 million iTunes accounts and the majority... read more

Visa confirms eight new markets for digital wallet V.me

17 Jul 14 @ 10:50

Visa Europe confirmed that its digital wallet service, V.me by Visa, will expand to Germany, Ireland, Norway, Sweden and Italy by the end of the year. Pilots will also launch... 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