magazine

Latest Issue

THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

MasterCard prepares for exponential African growth

19 Mar 14 @ 10:48

MasterCard is eyeing a slice of the expected exponential growth from the emerging African market in coming years, particularly as mobile payments surge, Aaron Oliver, the head of emerging payments... read more

A global move towards real–time payment systems

19 Mar 14 @ 09:29

The World Bank conducted a survey in 2010 to better understand the Outcomes of the global payment systems. 6 key factors were identified as having triggered the reform of payment... read more

Google Wallet stops NFC payment service

18 Mar 14 @ 17:40

Google has announced via email that it will kill off NFC payment service functionality in April for anything below Android 4.4 (device that don’t have Kit Kat – Android 4.4+). In other... read more

Bain and Advent in exclusive talks to buy card payment firm Nets

18 Mar 14 @ 15:21

Private equity firms Advent International and Bain Capital have entered exclusive talks to buy Danish card payment services company Nets Holding for more than €2 billion ($2.8 billion), two people familiar... read more

EMV in the US… too little, too late?

18 Mar 14 @ 09:52

The Target, Neiman Marcus, Michael’s Stores breach trifecta may have finally galvanized the US card payment industry to consider strongly EMV in the US. Too bad consumers are poised to change... read more

iCard4 is the most powerful smartcard on the planet

18 Mar 14 @ 09:35

SmartDisplayer Technology , a leader in display card technology has announced the launch of its new generation smartcard iCard4 – the most powerful smartcard on the planet. iCard4, says the... read more

Contactless glitch charges wrong card – thousands ‘pay twice’

17 Mar 14 @ 15:54

The UK’s Transport for London say that us passengers have been wrongly charged thousands of pounds because of a contactless glitch in the payment system. Almost 1,800 commuters have been... read more

Google Wallet gets order tracking update

17 Mar 14 @ 12:44

Google says it has updated its Android and iOS Google Wallet apps to enable shoppers to automatically track their online orders. Once users activate ‘orders’ in Google Wallet they can... read more

52 million mPOS to be delivered in 2018

17 Mar 14 @ 12:37

According to a Smart Insights Report, mPOS shipments are expected to keep growing in the next years at a CAGR of 40% between 2013 and 2018, leading to 52.1 million... read more

UK fraud increases

14 Mar 14 @ 12:37

New figures released on UK fraud by Financial Fraud Action UK (FFA UK) show that levels of card and online banking fraud rose during 2013. Improved fraud detection and prevention... read more

Digicash launches Beacon mobile payments using SEPA Credit Transfers

14 Mar 14 @ 11:01

Bank-led mobile payment scheme Digicash has launched a pilot-project using the Beacon model in Luxembourg –  the first mobile payments using SEPA Credit Transfers. Digicash Beacon devices at POS combine... read more

Mobile Payments and Fraud survey

13 Mar 14 @ 16:07

While the mobile channel grows in importance and revenue for merchants, so does their fear of fraudulent attacks and the realization that combating that risk requires specialized tools. Those are... read more

Europe embraces contactless purchases in 2013

13 Mar 14 @ 12:53

The latest figures from Visa Europe show that throughout 2013 Visa cardholders used their contactless cards to make more than 94.3 million purchases in the UK compared to just under... read more

New York regulator to allow regulated digital currency exchanges

13 Mar 14 @ 11:30

New York’s financial regulator has said firms can submit proposals to set up “regulated”  digital currency exchanges like Bitcoin. The state’s Department of Financial Services (NYDFS) said it wanted to... read more

50% of one-time passwords fail to arrive

13 Mar 14 @ 11:22

New global research by the Ponemon Institute, sponsored by mobile interaction service provider tyntec, has revealed that on average almost 50% of one-time passwords (OTPs) fail to arrive due to invalid... read more

UK credit cards spending hits 10-year high – delinquencies fall

13 Mar 14 @ 09:20

FICO released its quarterly UK cards data showing that average spend on “classic,” non-premium credit cards hit a 10-year high in December 2013. In addition, the proportion of classic UK credit... read more

CaaS – Cybercrime-as-a-service

12 Mar 14 @ 16:13

In its latest Threats Report security specialists McAfee Labs say they have identified 200 new malware samples per minute, or more than three new threats every second, during 2013, which... read more

Hang Seng Bank strengthen mobile payment ecosystem in HK

12 Mar 14 @ 15:57

Hang Seng Bank is to join forces with mobile operators including HKT to strengthen the mobile payment ecosystem and offer customers the convenience of NFC to tap and pay for small... read more

Trending

UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more