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

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

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

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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