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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

Can banks gain scale with Cloud Issuance & Host Card Emulation?

17 Jul 14 @ 09:22

Thus far, bank rollouts of mobile payment and wallet services have been hindered by multiple factors from the dependency on the secure element owner, the inability to deploy wallet services... read more

Apple launches iTunes mobile payments in Japan

16 Jul 14 @ 15:30

In a small step towards Apple’s payments ambitions, and one giant leap for the Apple rumour mill, the high-tech firm has launched an iTunes-backed payments system — in Japan. The company has... read more

TSYS teams up with Threatmetrix to tackle fraud prevention

16 Jul 14 @ 15:18

TSYS’s ProPay is partnering with ThreatMetrix to provide an advanced fraud prevention system that accurately differentiates real customers from cyber-criminals. The companies are collaborating on TSYS Guardian CyberShield, a cloud-based,... read more

TMG builds wearable payments app for Google Glass

16 Jul 14 @ 11:39

Payments processor, The Members Group (TMG) intrigued attendees of the TMG Executive Summit with a demonstration of its custom-built wearable payments app. In a presentation aptly named “The Future of... read more

Germany ramps up contactless deployment with BASE digital wallet launch

16 Jul 14 @ 09:39

Belgium’s BASE mobile subscribers in Germany can now make contactless payments using their smartphone at the supermarket, when filling up their car and in restaurants using the “BASE Wallet” digital... read more

CUA to launch a host card emulation-based mobile NFC payments service

15 Jul 14 @ 16:50

Australian credit union CUA have partnered with Cuscal to rollout redi2PAY mobile payment app that turns any NFC-enabled smartphone running the latest Andorid operating system – KitKat 4.4 or later – into a... read more

The modern wallet: mobile wallets are making life easier

15 Jul 14 @ 16:24

There’s no denying the impact that digital connectivity is having on our daily routines. It’s changed how we watch video, keep tabs on our health – even the way we connect with our... read more

UK authorities hit Shylock malware

15 Jul 14 @ 13:38

A cybersecurity threat known as Shylock has been disrupted thanks to an international operation, the UK’s National Crime Agency (NCA) is reporting. Shylock was said to have been installed on... read more

EU Banking Authority warns financial institutions to avoid virtual currencies

15 Jul 14 @ 13:08

Europe’s Banking Authority has warned its financial institutions to avoid dealing in Bitcoins and other virtual currencies until a forthcoming regulatory regime has been established. It also laid out various elements that... read more

Retail mobile apps slow to adopt payment functionality

15 Jul 14 @ 12:58

In recent years, major retailers have embraced the use of “smart” technology in store fronts. From using tablets at the checkout counter to mobile credit applications, retailers are developing creative... read more

Barclays to roll out of voice biometrics to 12m customers

11 Jul 14 @ 11:24

Barclays plans to expand its use of voice biometrics to streamline authentication when clients call the bank, but the technology is still not widely trusted or understood. Barclays has been... read more

Europe embraces contactless purchases

11 Jul 14 @ 11:05

Throughout 2013 Visa cardholders used their contactless cards to make more than 94.3 million purchases in the UK compared to just under 25 million contactless purchases in 2012. Contactless purchases... 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

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more