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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Visa says safer Chip&PIN card will make US debut

17 Apr 14 @ 12:06

Visa expects a safer Chip&PIN card will soon make its US debut, said Visa executive Bill Sheedy in his keynote address at ETA’s Transact 14 conference. He says the added... read more

Samsung Galaxy S5 fingerprint sensor and PayPal app hacked

16 Apr 14 @ 12:37

Researcher from Security Research Labs have managed to bypass Samsung Galaxy S5 fingerprint authentication, less than a week after the device’s official release, the ethical hackers also hacked the PayPal app. The... read more

MtGox chief refusing to travel to US for Bitcoin bankruptcy hearing

16 Apr 14 @ 09:19

The founder of MtGox has refused a US court’s demand that he testify this week about the collapse of what was the world’s biggest Bitcoin exchange. Mark Karpeles had been asked... read more

Santander’s bank transforms its mobile banking into m-commerce marketplace

15 Apr 14 @ 12:21

The new BZWBK24 mobile banking app enables its users in Poland to shop at a variety of merchants embedded in the application. Users can make daily shopping with home delivery,... read more

Facebook applies for e-money license

15 Apr 14 @ 11:49

Reports have surfaced in multiple media outlets this morning that Facebook is seeking regulatory approval from the Irish central bank for providing financial services in the form of remittances and e-money –... read more

Apple expected to adopt NFC for mobile payment plans

14 Apr 14 @ 11:38

Apple’s 2014 roadmap was laid out in pretty considerable detail by KGI Securities analyst Ming-Chi Kuo last week in an investor note, and while ordinarily analyst predictions aren’t worth the paper... read more

CaixaBank, Santander and Telefónica launch Yaap

14 Apr 14 @ 10:52

CaixaBank, Banco Santander and Telefónica have announced Yaap – the brand for their digital services joint-venture initially announced last year. Yaap is the chosen name for the Spanish firm whose... read more

Icahn backs down from PayPal demand

14 Apr 14 @ 10:34

Carl Icahn has backed off from his demands for eBay to spin out its fast-growing PayPal payments unit on Thursday, after the billionaire investor failed to drum up support from... read more

US tightening regulations for virtual currencies

14 Apr 14 @ 09:47

As the rise and fall of virtual currencies continue, the US Attorney General has raised the prospect of applying money-laundering and know-your-customer controls to virtual currency transactions as a means... read more

WorldPay and ZNAP agree global partnership for global mobile payments

14 Apr 14 @ 09:40

WorldPay and ZNAP, the mobile business platform, have agreed a global partnership for global mobile payments  which will enable multi-channel commerce for new and existing businesses. The joint offering has... read more

MasterPass wallet solution launches in Switzerland

11 Apr 14 @ 09:27

SIX Payment Services and MasterCard will jointly provide the wallet payment platform MasterPass for card issuing banks. The digital wallet simplifies payments on the internet and offers financial institutions in... read more

ACH volume grows to nearly 22 billion payments in 2013

10 Apr 14 @ 09:21

In 2013, ACH volume grew to almost 22 billion electronic payments[1], an increase of 4% over 2012 volume, according to new statistics released by NACHA — The Electronic Payments Association.... read more

NFC: A technology in search of a problem?

09 Apr 14 @ 11:33

According to a report from IHS, contactless payments could be about to receive a significant boost, with global Near Field Communication (NFC)-enabled handset shipments set to soar four-fold in the... read more

Royal Canadian Mint axes digital currency MintChip

09 Apr 14 @ 09:36

Just three months after announcing its Bitcoin rival MintChip, The Royal Canadian Mint has shut its cloud-based digital currency and is looking to offload the business. The Mint unveiled plans... read more

Barclays’ customers: £6.6 million per month with contactless cards

09 Apr 14 @ 06:24

Barclaycard has announced that its customers are spending £6.6 million per month on their contactless cards. The latest figures from Barclaycard show that contactless payments have increased threefold since 2012,... read more

Top 10 ways acquirers can block a data breach

08 Apr 14 @ 19:09

The Strawhecker Group (TSG), in coordination with the Electronic Transactions Association (ETA) for the benefit of TRANSACT 14 Attendees, has developed a new infographic entitled The Top 10 Ways Acquirers... read more

Less than 1% of European ATMs upgraded to Windows 7

08 Apr 14 @ 19:06

New research from RBR reveals that the banking industry has migrated very few ATMs away from Windows XP, despite the long‑publicised end of support from Microsoft on 8th April 2014.... read more

Equifax partners with Jumio for mobile commerce

08 Apr 14 @ 11:22

Equifax has announced its partnership with Jumio, an industry leader in the mobile commerce space that specializes in payments and ID scanning and validation products for mobile and web transactions.... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

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