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Australians embracing digital payments

06 Aug 14 @ 15:03

The Milestones Report released today by the Australian Payments Clearing Association, the payments industry self-regulatory body, shows that as with cheques, Australian consumers are increasingly giving up cash in favour... read more

Paym hits 1 million users for mobile payment service

06 Aug 14 @ 14:43

More than 1 million people have registered for a new mobile payment service which has the potential to eventually link up every current account in the country with a phone... read more

UK explore Bitcoin role

06 Aug 14 @ 14:37

The government is to explore the role that digital currencies such as Bitcoin could play in the financial system and whether they need to be regulated. Chancellor George Osborne will... read more

EE unveils contactless payments plans with London Underground

05 Aug 14 @ 15:29

As reported late July, London Underground, DLR and Overground trains are to accept contactless payments. From 16 September, customers will be able to tap their contactless debit card to pay... read more

Apple and Visa to work together?

05 Aug 14 @ 14:40

In another bout of analyst fuelled prospecting, Apple and Visa are now deepening their relationship – Pacific Crest analysts issued a report in which they declare that “we think a partnership between Apple and Visa would... read more

Westpac New Zealand release world first augmented reality banking app

05 Aug 14 @ 11:23

Westpac New Zealand will release the world’s first banking app for account management using augmented reality. Customers will soon be able to use augmented reality and its 3D imagery to... read more

European card fraud losses hit new high

04 Aug 14 @ 12:25

FICO has published its latest map of card fraud in Europe, showing that card fraud losses in 2013 for the 19 European countries studied reached €1.55 billion. This figure was... read more

UK contactless payments surge by 18%

04 Aug 14 @ 10:34

The use of contactless cards to make contactless payments has continued to gain monthly momentum in the UK, according to figures released by Visa Europe today. Consumers made almost 20 million... read more

PBZ to test HCE for mobile NFC payments on American Express network

01 Aug 14 @ 11:47

Privredna Banka Zagreb (PBZ, Intesa Sanpaolo Group), Intesa Sanpaolo Card and American Express have initiated a pilot to test – for the first time – HCE (Host Card Emulation) for... read more

Backoff! POS malware

01 Aug 14 @ 11:27

The US Department of Homeland Security today issued an advisory alert to businesses concerning the existence of Backoff, a new point-of-sale malware which infiltrates retail computer systems. The alert, issued on... read more

Tablet banking has arrived

01 Aug 14 @ 10:49

A notable proportion of those who own a tablet or e-reader use it for banking activities and see this as their primary banking method according to a recent survey by... read more

Airtel Africa move $2bn in mobile money transactions in Q1

01 Aug 14 @ 10:24

Bharti Airtel used Q1 numbers to highlight how its African subscribers have taken to mobile money with enthusiasm. “Telecoms are back to growth in Africa, this time spearheaded by internet... read more

Fraud victims less confident with affected businesses

31 Jul 14 @ 16:03

Around 72% of US consumers affected by fraud have also been victims of data breaches, according to data from the National Consumers League and US research company Javelin Strategy and... read more

Square plans US EMV card reader

31 Jul 14 @ 15:58

mPOS payment player Square has revealed plans to launch a EMV-compliant chip and signature version of its mPOS dongle as the US continues to implement EMV. Square has built a... read more

Juncker considers creating financial services tsar

31 Jul 14 @ 15:56

A new European Union (EU) financial services tsar tasked with regulation and ensuring financial stability in the EU would be appointed in Brussels under new plans being considered by Jean-Claude... read more

MNOs could save millions on compliance

30 Jul 14 @ 15:42

Europe’s mobile network operators (MNOs) could save millions of euros per year with better management of mobile payments compliance, according to  mobile monitoring experts Empello. In the UK, a market... read more

Google Bank unlikely to happen – Forrester

30 Jul 14 @ 15:37

Google is unlikely to launch a traditional bank because of the associated costs and regulation, according to a new report from research firm Forrester. Instead, Google will likely become a... read more

Nintendo launches NFC payments on Wii U in Japan

30 Jul 14 @ 15:33

Japanese game console maker Nintendo is enabling gamers in Japan to purchase titles on Nintendo’s eShop by tapping their contactless NFC payment cards against their Wii U controllers. Nintendo is... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more