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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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European consumers fear EU legislation to cap interchange fees

14 Feb 14 @ 10:59

European consumers are concerned that draft EU legislation currently under discussion would make paying with cards more expensive and more complicated. According to a recent poll in 13 European countries, 2... read more

Orange Cash NFC mobile payment service launches in France

14 Feb 14 @ 10:45

Orange and Visa Europe announced the commercial launch of Orange Cash in Caen and Strasbourg, two of the cities with the highest use of contactless payments in France. With the... read more

US Bank trials voice biometrics

13 Feb 14 @ 16:07

Employees at U.S. Bank have begun a pilot of new software that utilises voice biometrics to allow consumers to access their credit card accounts on mobile devices. The technology is... read more

JETCO begins mobile NFC payment rollout

13 Feb 14 @ 15:51

Joint Electronic Teller Services Limited (JETCO) has begun a commercial rollout of mobile NFC payment. JETCO has the biggest automatic teller machine (ATM) network in Hong Kong and Macau consisting... read more

The RFU selects ZNAP for m-commerce service

13 Feb 14 @ 15:35

The Rugby Football Union (RFU) has selected ZNAP as the provider of its m-commerce service at Twickenham. The deal was agreed after a successful trial at the 2013 QBE Internationals.... read more

SEPA migration deadline receives extra transition period – a legal review

13 Feb 14 @ 15:17

Regulation (EU) No 260/2012 (the ‘SEPA 2012 Regulation’) established common technical and business requirements for credit transfers and direct debits denominated in euros and was seen as an important building... read more

wagamama signs up to digital wallet V.me

13 Feb 14 @ 11:49

Restaurant chain joins 4,000 merchants now using V.me by Visa to give customers a fast and safe online shopping experience. Visa Europe and WorldPay announced that wagamama customers will soon... read more

MasterPass arrives on the Spanish Market

12 Feb 14 @ 17:13

Digital payment solution MasterPass is now available in Spain thanks to the agreements reached with several financial institutions and merchants across the country. Main Spanish financial entities are already working... read more

Technology investment pays off

12 Feb 14 @ 16:52

Commonwealth Bank of Australia says that technology investment is a major factor in its impressive 14% rise in H1 profits. CommBank beat analysts’ forecasts to report cash earnings of A$4.27... read more

NFC phones to soar fourfold in next five years

12 Feb 14 @ 15:24

Global shipments of NFC phones equipped with Near Field Communication (NFC) technology will surge by more than a factor of four from 2013 to 2018, reaching 1.2 billion units, according... read more

Virtual currencies: a boon or scourge?

12 Feb 14 @ 11:23

Last year, PCM delved into the world of virtual currencies, looking at how emerging (and unregulated) methods like Bitcoin could impact the payments industry. In less than a year, the pace of... read more

Vodafone and MoneyGram agreement allows mobile remittance from 200 countries

12 Feb 14 @ 10:14

Vodafone and MoneyGram have teamed up to enable mobile remittance allowing consumers to transfer funds directly from around 200 countries to the millions of users of M-Pesa. This service will be... read more

Advanced cyber security and identity solutions for virtual currencies

12 Feb 14 @ 09:22

Late last year, prior to the massive buzz surrounding the uncertainty of virtual currencies, ValidSoft partnered with Ven, a global virtual currency to deploy cyber security and identity theft protection solutions to virtual currencies.... read more

Commuters could be overcharged by contactless payment system

11 Feb 14 @ 16:56

Rail and Tube users could be overcharged because of a quirk in the contactless payment system, it has been revealed. Commuters who, when touching in and out, have their Oyster... read more

Jumio launches ID scanning product

11 Feb 14 @ 16:49

Jumio a mobile payments and credentials management company, announced the availability of Jumio Fastfill, a service that automates key entry of personal customer information, by ID scanning, in mobile apps,... read more

Competition drives growth in European cards market

11 Feb 14 @ 16:24

Competition among banks to gain new customers, and campaigns to replace low-value cash transactions with card payments, have driven significant levels of card issuance and rising card usage in the... read more

US banks re-issue 17.2 million cards data breaches

10 Feb 14 @ 10:15

US banks have been forced to pay out over $172 million in re-issued plastic cards, according to figures from the Consumer Bankers’ Association following the well publicised data breaches of... read more

Mobile Banking the big winner in SA mobility study

10 Feb 14 @ 09:40

Increased consumer interest in mobile banking – particularly when facilitated by mobile technology – was one of the key findings of The Mobility 2014 research study, conducted by Arthur Goldstuck’s... read more

Trending

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

Visa and Fiserv partnership extends API-led acceptance platform

22 Mar 26 @ 18:30

Visa and Fiserv are extending their long-running partnership in Europe with a new API-driven acceptance offering designed to simplify merchant acquiring and mod... more