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

Finnish banks apply for real-time payments system

28 May 14 @ 12:31

Finland’s banking industry is hoping to establish a real-time payments system and has invited potential suppliers to make their pitches. The country’s current ‘urgent’ payment system, dubbed Pops, was built... read more

Austria Card acquires Turkey’s Provus Kart

28 May 14 @ 12:22

Austria Card (Lykos Group), an internationally leading card manufacturer, increased its share in the Turkish personalization specialist Provus Kart Hizmetleri A.Ş. to 100%. Former Provus thereby started to operate under... read more

Apple files another NFC patent

27 May 14 @ 12:59

Apple has filed another NFC related patent on May 22nd giving a clue that we can expect exclusive circuitry for NFC in the next iPhone. The patent states that different... read more

1 in 5 handsets to feature mobile wallet functionality by 2018

27 May 14 @ 12:48

Juniper Research says one in five mobile handsets will have mobile wallet functionality by 2018, against less than one in 10 at the end of last year, according to a... read more

Report uncovers cybercrime attack targets, victims, motivations and methods

27 May 14 @ 12:19

Trustwave has released the 2014 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2013. The report includes the type of information most... read more

Visa and MasterCard CEO’s ruminate on Russia

23 May 14 @ 13:07

Visa and MasterCard both presented at the JP Morgan Chase Technology Conference earlier in the week and addressed several of the big issues that each face. With Russia’s demand to collect... read more

Euro Retail Payments Board focus on mobile and innovative payments

22 May 14 @ 16:09

The newly established Euro Retail Payments Board (ERPB) is setting up two working groups to explore the role of mobile and ‘innovative’ payments methods, as Europe begins the transition to... read more

Q1 2014: US Credit Card Issuer performance snapshot

22 May 14 @ 15:06

For the first time since Q4 2008, near the height of the credit crisis, year-over-year receivables increased by more than 1% in Q1 2014. Purchase volume increased by 7.0% on... read more

PayPoint reveals plans for multi-channel future

22 May 14 @ 12:52

PayPoint has merged its internet payment service provider and mobile phone payment businesses, previously trading as PayPoint.net and PayByPhone. The new business, known as PayPoint Mobile and Online, combines PayPoint’s depth of expertise in... read more

eBay asks users change their passwords after cyber hack

21 May 14 @ 15:35

EBay has asked users to change their passwords following a cyber-attack that compromised one of its databases. The US firm said the database was hacked between late February and early... read more

2014 Mobile Banking Study findings

21 May 14 @ 09:19

First Annapolis Consulting recently completed its 2014 Mobile Banking Study, which highlights the growing importance of mobile banking among the top 100 US regulated depositories. Key findings include: Nearly all... read more

LifeLock pulls wallet app over security scare

20 May 14 @ 15:34

LifeLock has pulled its LifeLock Wallet app from various mobile app stores. In a blog post on its corporate website, LOCK Chairman and CEO Todd Davis said that the company had withdrawn... read more

Groupon to rollout ‘Gnome’ iPad POS system

20 May 14 @ 12:13

Groupon has unveiled Gnome, an iPad POS system with deep integration into Groupon’s infrastructure that the company hopes will spur uptake among merchants that regularly run promotions through the service.... read more

Google Wallet adds PayPal

20 May 14 @ 12:01

In a surprising move, Google Wallet users can now choose to pay with PayPal when shopping in the Google Play store. Google Wallet and PayPal have been competing with each... read more

Mobile payments still to take off?

20 May 14 @ 11:52

Tech companies have invested millions in trying to persuade people to make mobile payments, but the closure of a high-profile app launched by Twitter’s co-founder suggests too few are willing... read more

MasterCard acquires ElectraCard Services

19 May 14 @ 11:36

MasterCard announced that it has entered into an agreement with Opus Software Solutions Pvt. Ltd.,  (“Opus”) to acquire its subsidiary, ElectraCard Services Private Limited, (“ECS”), a leading global provider of software... read more

European Payments Council launches public consultation on the evolution of the SEPA Credit Transfer and SEPA Direct Debit schemes

19 May 14 @ 11:34

The European Payments Council (EPC), representing the European banking industry in relation to payments, today launched a three-month public consultation on possible modifications to the SEPA Credit Transfer (SCT) and... read more

HID Global and Proxama join forces for mobile proximity marketing

15 May 14 @ 15:38

HID Global and Proxama, the global platform provider of mobile proximity marketing, mobile wallet and payment solutions, announced that they have partnered to create a solution enabling rapid deployment of... 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