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Mobile point of sale shipments surge by 50% in 2013

05 Feb 14 @ 10:54

Merchants’ desire to conduct customer transactions on tablets and smartphones spurred a more than 50% boom in shipments of mobile point of sale (mPOS) hardware in 2013. But does the... read more

CIBC and TELUS launch contactless mobile payments

04 Feb 14 @ 16:46

CIBC and TELUS announced the launch of the CIBC contactless mobile payment app to TELUS mobile devices with Near-Field Communications (NFC) capability, allowing more Canadians to have access to mobile... read more

European Parliament extends SEPA migration deadline

04 Feb 14 @ 16:20

In an unsurprising piece of news, the European Parliament has extended the SEPA migration deadline, set for 1st February 2014, for processing SEPA-compliant payment transfers by six months, to August... read more

ECB back new security of internet payments

04 Feb 14 @ 15:50

On 30 January 2014 the Governing Council of the European Central Bank (ECB) endorsed the Assessment guide for the security of internet payments, prepared by the European Forum on the... read more

Brazilian acquiring market

04 Feb 14 @ 12:41

With over R$690 billion (approximately US$300 billion) in card sales volume in 2012, the Brazilian market is the largest acquiring market in Latin America, and Brazil’s card volume grew at... read more

US EMV in 2013

03 Feb 14 @ 16:56

US payments industry deployment of EMV technology accelerated in 2013 to help combat rising card fraud, but widespread industry adoption of US EMV still faces multiple obstacles. Merchants remain suspect... read more

Card firms suspended after SK data breach

03 Feb 14 @ 16:26

The three companies at the centre of the South Korean data breach which saw personal information stolen from millions of South Koreans have been forced to suspend operations for three months... read more

ChewBacca POS malware operation stealing payment card information

31 Jan 14 @ 16:10

In a recent investigation, RSA researchers uncovered the server infrastructure used in a global Point-of-Sale (PoS) malware operation responsible for the electronic theft of payment card and personal data from... read more

Mobile payment index reveals mobile payments climb to 19.5% of transactions globally

30 Jan 14 @ 15:43

Adyen has delivered findings from its third Mobile Payments Index covering the period September to December 2013. The Index shows mobile payments accounted for 19.5% of all transactions worldwide in December,... read more

Money laundering top of bank boardroom agenda

30 Jan 14 @ 14:01

Bank boardroom focus on money laundering is at an all time high, according to data released by KPMG. Nine out of ten of senior financial executives (88%) questioned for KPMG’s... read more

Canadian mobile payments – a case study in cooperation

29 Jan 14 @ 17:07

Canada has become a leader in the adoption of mobile payments by merchants and consumers. PCM looks at the factors driving the country’s m-payments success story and how a collaborative... read more

Financial Conduct Authority seeks personal accountability through attestations

29 Jan 14 @ 16:30

The Financial Conduct Authority (FCA) has shown that it will adopt a more robust approach to regulating Financial Services firms. Last year saw the FCA hand out a total of £472,262,738 worth of fines, a significant increase to the £311,569,256 handed by its predecessor the Financial Services Authority (FSA) in 2012.

El Corte Inglés incorporate contactless payments technology in all outlets

28 Jan 14 @ 16:29

El Corte Inglés has received Visa Europe’s certification to implement contactless payments in all its shopping centres. From now on, and for all contactless payments, cardholders won’t have to hand... read more

DeviceFidelity provides Isis ready NFC iphone cases

28 Jan 14 @ 15:28

DeviceFidelity,  a provider of plug and play mobile Near Field Communication (NFC) and security solutions, says that its Isis Ready NFC iPhone cases are available online, and will be available in AT&T... read more

ReD and Setcom partner for fraud prevention in South Africa

28 Jan 14 @ 14:28

South African headquartered Payment Gateway, Setcom, has announced a new four year agreement with ReD, a leading global fraud prevention provider. The agreement will make ReD’s industry leading ReD Shield... read more

Neiman Marcus data breach: 1.1 million cards compromised

28 Jan 14 @ 12:40

Neiman Marcus has been forced to admit that up to 1.1 million customer payment cards were compromised in the recent data breach that hit its instore POS terminals over a... read more

EU payment regulation – Raising questions

28 Jan 14 @ 11:07

Recent payment regulation, interchange proposals in Europe and the revision of the Payment Services Directive will have a significant impact on business strategies for all stakeholders going forward – reports... read more

Apple mobile payments

27 Jan 14 @ 11:58

Apple is laying the groundwork for an expanded mobile-payments service, leveraging its growing base of iPhone and iPad users and the hundreds of millions of credit and debit cards on file through its... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... 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 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