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Apple’s iOS8 adopts credit card scanning

06 Jun 14 @ 15:58

Tech giant Apple has incorporated a new feature into its iOS8 operating system and browser Safari, allowing credit card scanning for users with their iOS device cameras at merchant sites. The... read more

mPOS player Square launches invoicing platform

06 Jun 14 @ 15:55

mPOS pioneer Square has unveiled an invoicing platform known as Square Invoices. Invoices are free to use for an unlimited number of invoices without a monthly fee, and for customers... read more

Banks pinning hopes on mobile banking app

05 Jun 14 @ 16:45

Banks may have to follow Apple’s example and launch their own banking app store, new research indicates. As mobile commerce makes headway around the word, within the next two years,... read more

IBM patents anti-fraud app

05 Jun 14 @ 16:39

Tech giant IBM has patented a fraud prevention technique which analyses how users interact with websites to spot anomalous behaviour. According to IBM, its patented software will help businesses to... read more

Isle of Man credit card goes for bling factor

05 Jun 14 @ 16:35

A gold bullion vault operator on the Isle of Man in the British Isles is to issue a credit card made of solid gold. The 14-carat Visa gold card from... read more

UK card spend tops £0.5 trillion for first time

04 Jun 14 @ 13:58

Annual domestic card spending by UK consumers passed £0.5 trillion for the first ever time in 2013 as shoppers increasingly choose cards over cash, according to a report published by... read more

Russia frees ex-con to build national payment system

04 Jun 14 @ 13:52

In the latest twist concerning the Russia/Ukraine/Crimea situation, it has been reported that the head of a Russian payments company, who was imprisoned in 2013 for organising a cyberattack on... read more

AmEx contacts customers after Anonymous posts card data

04 Jun 14 @ 13:47

American Express has contacted around 75,000 of its customers in California to warn them that their card data has been posted online by Anonymous Ukraine. In March this year, the... read more

Visa and MasterCard will continue to operate in Russia

03 Jun 14 @ 14:24

Visa and MasterCard plan to continue to operate in Russia, following compromise agreements with the Russian government in the wake of the sanctions imposed on the country due to the... read more

London buses ditch cash for contactless

03 Jun 14 @ 14:19

UK transport body Transport for London (TfL) has announced that from 6 July, all of its London buses will be cash-free, with commuters no longer being able to use cash... read more

Apple unlocks mobile payment potential with new TouchID API

03 Jun 14 @ 14:12

Apple has unveiled a new TouchID API which will enable app developers to use fingerprint authentication for mobile payments and other applications. The forthcoming release of iOS 8 will include... read more

Apple rumoured to be making mobile payment play

02 Jun 14 @ 16:15

With speculation over its NFC intentions reaching fever pitch, tech giant Apple is alleged to be planning to launch its own mobile payment service, with senior Apple executives reportedly in... read more

BRC – UK cash usage falls in favour of contactless

02 Jun 14 @ 12:57

The roll-out of contactless cards, the growth of e-commerce and rising usage of self-service tills are all contributing to a fall in cash usage in the UK, according to the... read more

SEB sells card acquiring operations to Nordic Capital

02 Jun 14 @ 12:41

Swedish bank SEB is to sell its card acquiring business Euroline to private equity player Nordic Capital for SEK 2.2 billion. Euroline, which acquires Visa, MasterCard and Diners Club transactions... read more

Biometric payment technology breakthrough

30 May 14 @ 11:12

With incidents of security breaches and fraud increases, the payment industry is paying close attention to secure identification and personal verification methods – could 2014 be the year that biometric... read more

Innovation at the POS 2014

30 May 14 @ 11:01

In this piece of research, sponsored by First Data, PCM has run a survey to ascertain how the global payments industry sees the introduction of innovative POS technology being brought to market.

Security breaches help drive EMV migration in the US

28 May 14 @ 13:55

The recent card security breaches at several major US retailers resulted in payment information from tens of millions of cardholders being stolen. One of the merchants, Target, has since expedited... read more

SumUp launches first proprietary Chip & PIN device in Europe

28 May 14 @ 12:46

Mobile point-of-sale (mPOS) company SumUp announced the launch of the first proprietary mobile Chip & PIN device of an mPOS provider in Europe. The device, called PIN+, is available in... read more

Trending

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

Visa and Fiserv partnership extends API-led acceptance platform

22 Mar 26 @ 18:30

Visa and Fiserv are extending their long-running partnership in Europe with a new API-driven acceptance offering designed to simplify merchant acquiring and mod... more