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Prepaid will be a defining force in the future of mobile commerce

25 Jun 14 @ 11:46

The rapid convergence of prepaid and mobile commerce is creating significant opportunities for merchants and other stakeholder groups to push banks and other day-to-day money management service providers down the... read more

ZipZap expands global cash transaction network to 20,000 UK retail locations through Payzone

25 Jun 14 @ 09:37

ZipZap has announced its expansion to the UK through a partnership with Payzone one of UK’s leading consumer payments and cash distribution networks. With this partnership, ZipZap now offers an... read more

Canada signs first official law to regulate Bitcoin

24 Jun 14 @ 16:03

Canada has implemented what is the first official national law on Bitcoin use. Its signing was quiet, notes Christine Duhaime, B.A., J.D., Financial Crime and Certified Anti-Money Laundering Specialist of Duhaime Law.... read more

Dictao integrates Apple Touch ID fingerprint recognition technology

24 Jun 14 @ 15:46

Dictao, a publisher of software solutions for digital trust and security, says that its product Dictao Cloudcard, for mobile-based strong authentication and digital signature, supports the Apple Touch ID fingerprint... read more

Russia reduce security payments for Visa and MasterCard

24 Jun 14 @ 13:09

In a sensible move, Russia has moved to prevent MasterCard and Visa quitting Russia by pledging to reduce the size of the deposit required for them to operate in the... read more

59% of EU merchants will not pass on savings from cap on interchange fees

24 Jun 14 @ 11:57

A new survey shows that the majority of high value retailers in Europe believe that draft EU rules to cap interchange fees for electronic payments should only go ahead if... read more

Consumers losing confidence in the battle against fraud

24 Jun 14 @ 10:49

Fraud events make consumers afraid, and FIs see costly customer attrition as a result. With 1,367 confirmed data breaches in 2013, organized fraud rings innovating constantly, and consumers losing confidence... read more

ATM – The rise of ATMs

24 Jun 14 @ 10:40

A report from Retail Banking Research (RBR) details how rising numbers of ATMs worldwide are having a direct impact on demand for cash. RBR found that the installed base of... read more

TSYS CEO Phil Tomlinson retires

24 Jun 14 @ 10:27

TSYS CEO Phil Tomlinson has announced that he has decided to retire as chief executive officer, and that Troy Woods has been elected by the TSYS board of directors as president... read more

Technology main threat to European banks

23 Jun 14 @ 16:14

Consultancy Deloitte have released a new report in which they state that European retail banks need to radically overhaul their technology infrastructure if they are to face off the competitive... read more

MasterCard enable card payments in Vietnam

23 Jun 14 @ 10:40

MasterCard and Sacombank have announced a partnership to equip small merchants at the iconic Ben Thanh market in Vietnam with mobile Point of Sale (mPOS) terminals, enabling consumers to make card payments for... read more

HCE will support NFC roll-out for MNOs

23 Jun 14 @ 09:55

Following the recent publication of the Consult Hyperion/GSMA discussion paper ‘HCE and SIM Secure Element: It’s Not Black and White’, SIMalliance has highlighted that future growth of the NFC ecosystem... read more

AT&T selects CorFire mobile commerce platform for NFC services

20 Jun 14 @ 10:44

AT&T has announced its selection of CorFire, the mobile commerce business of SK C&C USA, to provide SP TSM and supporting mobile applications for AT&T’s NFC services to be marketed... read more

Gemalto lose patent infringement case

20 Jun 14 @ 10:15

Gemalto has announced that the United States Court of Appeals for the Federal Circuit did not support Gemalto’s proposed claim construction for its patent infringement lawsuit over Android. Patents involved... read more

Mobile payments represent 1 in 4 global transactions

19 Jun 14 @ 15:06

Overall, smartphones (10.9%) and tablets (9.3%) together accounted for more than 1 in 5 payment transactions globally in March, although that was up only marginally from December 2013 (19.5%). Retail remains... read more

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

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