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Bright outlook for national payment schemes, predicts global research

18 Jun 14 @ 09:30

National card and national payment schemes have reason to be optimistic about their future, in spite of increasing globalisation, according to comprehensive new research into the sector. National Payments Schemes:... read more

Orange, BNP Paribas extend mobile banking in Africa

17 Jun 14 @ 16:40

Orange and the BNP Paribas group are offering retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones. The new... read more

MasterCard RFP for Russian processor

17 Jun 14 @ 15:59

MasterCard has sent out an RFP for Russian companies to bid for on a contract to process its Russian domestic payments as the US card company seeks to overcome  recent... read more

Mobile banking Trojan mutates with ransomware features

17 Jun 14 @ 13:02

An Android mobile banking Trojan program originally designed to steal mobile banking credentials from Russian users has been found in the wild and has been retrofitted with ransomware functionality to... read more

US embraces EMV in wake of Target breach

16 Jun 14 @ 16:24

Spurred by major data breaches at Target and other stores, the US banking and retail sectors are turning to more secure microchip-based EMV payment cards, causing US shipments of these... read more

Over £7 billion lost by UK SMEs from missed payment opportunities

16 Jun 14 @ 16:21

Only 42% of UK SMEs currently offer customers the option of paying by card, despite card spending more than doubling in the last decade, according to research from Barclaycard. SMEs... read more

Worldline plans €610 million IPO

16 Jun 14 @ 16:19

French payment processor Worldline is set to be spun off by its parent Atos in an initial public offering (IPO) valued at €610 million. Worldline will issue around €255 million... read more

Cartes Bancaire plans biometric payments

16 Jun 14 @ 16:16

The French domestic card scheme, Groupement des Cartes Bancaires (CB), is planning to introduce biometric payment based on fingerprints before the end of 2014. CB is working with the National... read more

BlackBerry signs mobile payment deal with EnStream

13 Jun 14 @ 12:12

BlackBerry announced it has reached a three-year deal with Canadian mobile payment technology firm EnStream to provide a secure platform for mobile-payment transactions between several big Canadian banks and their customers.... read more

Interchange – A level playing field?

13 Jun 14 @ 10:59

While much of the debate around European card regulation and interchange focuses on Visa and MasterCard, how will three-party schemes fare under proposed legislation? The July 2013 publication of European... read more

RS2 signs top global payments processor

12 Jun 14 @ 13:32

RS2 Software, the company behind the comprehensive, high-performance and high-availability card management solution BankWORKS, has announced a major license and services agreement with a global payments processing company. The comprehensive... read more

The data breach dilemma

12 Jun 14 @ 12:29

In the wake of high-profile retailer breaches, how is the payment industry responding? The year 2013 looks likely to be defined as the year of the data breach, as fraudsters... read more

Payments App Store approach to revolutionise product development for banks

12 Jun 14 @ 11:00

Ixaris – the payments innovator that pioneered virtual prepaid cards and rapid deployment of payments solutions for corporates – has announces a ground-breaking approach for banks to bring new payments... read more

Yaap launches “Yaap Shopping”

12 Jun 14 @ 10:52

Yaap, the joint-venture between CaixaBank, Banco Santander and Telefónica, has signaled the beginning of its business operations with the launch of its first service, Yaap Shopping, in the cities of... read more

Proxama and PrePay Solutions partner to drive mobile HCE payments

12 Jun 14 @ 10:42

Proxama, the global mobile marketing, loyalty and payments company has partnered with PrePay Solutions (PPS), to provide mobile contactless payment solutions, via HCE, to PPS’s customer base. PPS (jointly owned by Edenred... read more

One in five financial institutions makes a single investment of $10m+ in FinTech annually

12 Jun 14 @ 09:47

Major FinTech investments occur every six months in financial institutions, with 21% of them valued at $10m or more, according to research released today by CCgroup, a London-based B2B technology... read more

Powa Technologies acquires MPayMe to expand global footprint

12 Jun 14 @ 09:09

Powa Technologies Group has announced the acquisition of Hong Kong-based mobile expert MPayMe in a move that will vastly increase its global reach and provide a leading payment solution for... read more

70% of US credit cards to be EMV enabled by the end of 2015

11 Jun 14 @ 14:26

By the end of 2015, 70% of US credit cards and 41% of US debit cards will be EMV enabled, says Aite Group. In a new research report, EMV: Lessons... 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

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... 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