06 Jun 14 @ 16:02

The UK Payments Council has published figures showing that 19.9 billion cash payments worth a total of £260 billion were made during 2013, comprising 52% of all payments. The Council’s... read more

06 Jun 14 @ 15:58

Tech giant Apple has incorporated a new feature into its iOS8 operating system and browser Safari, allowing credit card scanning for users with their iOS device cameras at merchant sites. The... read more

06 Jun 14 @ 15:55

mPOS pioneer Square has unveiled an invoicing platform known as Square Invoices. Invoices are free to use for an unlimited number of invoices without a monthly fee, and for customers... read more

05 Jun 14 @ 16:45

Banks may have to follow Apple’s example and launch their own banking app store, new research indicates. As mobile commerce makes headway around the word, within the next two years,... read more

05 Jun 14 @ 16:39

Tech giant IBM has patented a fraud prevention technique which analyses how users interact with websites to spot anomalous behaviour. According to IBM, its patented software will help businesses to... read more

05 Jun 14 @ 16:35

A gold bullion vault operator on the Isle of Man in the British Isles is to issue a credit card made of solid gold. The 14-carat Visa gold card from... read more

04 Jun 14 @ 13:58

Annual domestic card spending by UK consumers passed £0.5 trillion for the first ever time in 2013 as shoppers increasingly choose cards over cash, according to a report published by... read more

04 Jun 14 @ 13:52

In the latest twist concerning the Russia/Ukraine/Crimea situation, it has been reported that the head of a Russian payments company, who was imprisoned in 2013 for organising a cyberattack on... read more

04 Jun 14 @ 13:47

American Express has contacted around 75,000 of its customers in California to warn them that their card data has been posted online by Anonymous Ukraine. In March this year, the... read more

03 Jun 14 @ 14:24

Visa and MasterCard plan to continue to operate in Russia, following compromise agreements with the Russian government in the wake of the sanctions imposed on the country due to the... read more

03 Jun 14 @ 14:19

UK transport body Transport for London (TfL) has announced that from 6 July, all of its London buses will be cash-free, with commuters no longer being able to use cash... read more

03 Jun 14 @ 14:12

Apple has unveiled a new TouchID API which will enable app developers to use fingerprint authentication for mobile payments and other applications. The forthcoming release of iOS 8 will include... read more

02 Jun 14 @ 16:15

With speculation over its NFC intentions reaching fever pitch, tech giant Apple is alleged to be planning to launch its own mobile payment service, with senior Apple executives reportedly in... read more

02 Jun 14 @ 12:57

The roll-out of contactless cards, the growth of e-commerce and rising usage of self-service tills are all contributing to a fall in cash usage in the UK, according to the... read more

02 Jun 14 @ 12:41

Swedish bank SEB is to sell its card acquiring business Euroline to private equity player Nordic Capital for SEK 2.2 billion. Euroline, which acquires Visa, MasterCard and Diners Club transactions... read more

30 May 14 @ 11:12

With incidents of security breaches and fraud increases, the payment industry is paying close attention to secure identification and personal verification methods – could 2014 be the year that biometric... read more

30 May 14 @ 11:01

In this piece of research, sponsored by First Data, PCM has run a survey to ascertain how the global payments industry sees the introduction of innovative POS technology being brought to market.

28 May 14 @ 13:55

The recent card security breaches at several major US retailers resulted in payment information from tens of millions of cardholders being stolen. One of the merchants, Target, has since expedited... read more