03 Mar 14 @ 10:41

Safaricom’s push to take its mobile money transfer business global has received another boost with the signing of a deal that will see users of MoneyGram send cash directly to... read more

03 Mar 14 @ 10:28

Visa Europe will cap the transaction fees it charges, the European Commission said on Wednesday, curbing an important money earner for banks behind the payment scheme. Europe’s antitrust regulator accepted on... read more

28 Feb 14 @ 14:01

A new initiative linking MasterCard, OTP Bank and mobile wallet provider Cellum has been launched in Europe. Unveiled at Mobile World Congress in Barcelona, the Cellum-developed OTPay is the first,... read more

28 Feb 14 @ 09:44

Mobile banking, as has been explored many times before, has a huge potential to open up banking services to people across the developing world. This time, however, the focus is... read more

27 Feb 14 @ 12:48

The European Commission and Parliament are contemplating dramatic changes to the European interchange regulation structure and level of card interchange within the European Union.  Although the final form of the regulation... read more

26 Feb 14 @ 10:29

In continuing its quest for acquirers, Zapp, has announces that Elavon has signed up to offer Zapp mobile payments to merchants and consumers from 2014. Elavon will work with Zapp... read more

26 Feb 14 @ 10:18

MasterCard and OTP Bank Hungary announced the introduction of OTPay, the first digital wallet in Europe to leverage the application programming interface (API) of MasterPass. This application is customized to... read more

25 Feb 14 @ 17:11

Mt. Gox, once the world’s biggest bitcoin exchange, went dark on Tuesday, with its website down, its Tokyo office empty, and a cryptic comment from its chief executive that the... read more

25 Feb 14 @ 15:10

Asian telecom operators Chunghwa Telecom (Taiwan), HKT (Hong Kong), KDDI (Japan), and SK Planet (South Korea) are jointly announcing the formation of the Asia NFC Alliance, with the support of... read more

25 Feb 14 @ 15:00

At Mobile World Congress, MasterCard and Syniverse joined forces to deliver enhanced mobile payment security for consumers traveling abroad. By tying their payment card settings to the geolocation of their... read more

25 Feb 14 @ 14:55

VeriFone announced that Point and Handelsbanken, one of the highest rated banks in the world, will provide a mobile payment managed services solution for micro merchants and other small businesses... read more

25 Feb 14 @ 12:16

The GSMA’s Mobile Money for the Unbanked (MMU) programme released its third annual Mobile Financial Services State of the Industry Report, providing a quantitative assessment of the state of mobile... read more

25 Feb 14 @ 11:22

In a move which must surely put Apple on the back foot and after yesterday’s news Samsung has announced its new flagship smartphone, the Galaxy S5, includes biometric security as... read more

25 Feb 14 @ 11:07

Card fraud within the Single Euro Payments Area (SEPA) increased in 2012 for the first time since 2008, driven mainly by higher internet fraud. The third report on card fraud,... read more

25 Feb 14 @ 07:32

Joining the fray, Accenture says it has launched a new mobile wallet platform that features integrated advanced analytics and big data capabilities, recommendation tools and security elements to provide a modular platform... read more

24 Feb 14 @ 12:27

Working with its partners, Visa says it has doubled the availability of mobile payments services across Europe in the past 12 months.  Mobile payments are now available nationwide in several... read more

24 Feb 14 @ 11:57

PayPal has partnered with Samsung to launch wearable tech payments. The Gear 2 is Samsung wearable device. The watches come packed with an embedded camera and run on Tizen OS, a... read more

24 Feb 14 @ 11:47

MasterCard announced MasterPass in-app payments, enabling consumers to make secure purchases within a mobile app as it attempts to grab a piece of the fast-growing multi-billion dollar industry. In-app payments... read more