18 Jun 14 @ 14:13

Believing they will fare better independently, some large US retailers have withdrawn from a proposed $7.2 billion credit card fee settlement class-action over a reported conspiracy to inflate credit card fees.... read more

18 Jun 14 @ 13:59

Card networks are taking aggressive action not to lag behind the expected replacement of plastic products with new digital payment methods. For example, Discover Financial Services has signed onto the... read more

18 Jun 14 @ 09:30

National card and national payment schemes have reason to be optimistic about their future, in spite of increasing globalisation, according to comprehensive new research into the sector. National Payments Schemes:... read more

17 Jun 14 @ 16:40

Orange and the BNP Paribas group are offering retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones. The new... read more

17 Jun 14 @ 15:59

MasterCard has sent out an RFP for Russian companies to bid for on a contract to process its Russian domestic payments as the US card company seeks to overcome  recent... read more

17 Jun 14 @ 13:02

An Android mobile banking Trojan program originally designed to steal mobile banking credentials from Russian users has been found in the wild and has been retrofitted with ransomware functionality to... read more

16 Jun 14 @ 16:24

Spurred by major data breaches at Target and other stores, the US banking and retail sectors are turning to more secure microchip-based EMV payment cards, causing US shipments of these... read more

16 Jun 14 @ 16:21

Only 42% of UK SMEs currently offer customers the option of paying by card, despite card spending more than doubling in the last decade, according to research from Barclaycard. SMEs... read more

16 Jun 14 @ 16:19

French payment processor Worldline is set to be spun off by its parent Atos in an initial public offering (IPO) valued at €610 million. Worldline will issue around €255 million... read more

16 Jun 14 @ 16:16

The French domestic card scheme, Groupement des Cartes Bancaires (CB), is planning to introduce biometric payment based on fingerprints before the end of 2014. CB is working with the National... read more

13 Jun 14 @ 12:12

BlackBerry announced it has reached a three-year deal with Canadian mobile payment technology firm EnStream to provide a secure platform for mobile-payment transactions between several big Canadian banks and their customers.... read more

13 Jun 14 @ 10:59

While much of the debate around European card regulation and interchange focuses on Visa and MasterCard, how will three-party schemes fare under proposed legislation? The July 2013 publication of European... read more

12 Jun 14 @ 13:32

RS2 Software, the company behind the comprehensive, high-performance and high-availability card management solution BankWORKS, has announced a major license and services agreement with a global payments processing company. The comprehensive... read more

12 Jun 14 @ 12:29

In the wake of high-profile retailer breaches, how is the payment industry responding? The year 2013 looks likely to be defined as the year of the data breach, as fraudsters... read more

12 Jun 14 @ 11:00

Ixaris – the payments innovator that pioneered virtual prepaid cards and rapid deployment of payments solutions for corporates – has announces a ground-breaking approach for banks to bring new payments... read more

12 Jun 14 @ 10:52

Yaap, the joint-venture between CaixaBank, Banco Santander and Telefónica, has signaled the beginning of its business operations with the launch of its first service, Yaap Shopping, in the cities of... read more

12 Jun 14 @ 10:42

Proxama, the global mobile marketing, loyalty and payments company has partnered with PrePay Solutions (PPS), to provide mobile contactless payment solutions, via HCE, to PPS’s customer base. PPS (jointly owned by Edenred... read more

12 Jun 14 @ 09:47

Major FinTech investments occur every six months in financial institutions, with 21% of them valued at $10m or more, according to research released today by CCgroup, a London-based B2B technology... read more