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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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MasterCard and Visa prepare to fight EMV patent litigation

12 Mar 14 @ 15:22

Visa and MasterCard have been in court to fight the EMV patent litigation they face from SmartMetric, Inc. SmartMetric is the owner of an issued United States Patent & Trademark Office patent... read more

Transforming Payment Systems

12 Mar 14 @ 11:10

In this special supplement, PCM – in conjunction with Alaric, an NCR company and a global supplier of fraud prevention and payments processing products – outlines how banks and other... read more

Cashless volumes – The war on cash continues

11 Mar 14 @ 09:21

New fronts in the war on cash are being opened up worldwide through a range of innovative services and payments products. Is the dream of a cashless society far-fetched? While we... read more

UK’s Payments Council launches Paym mobile payments service

10 Mar 14 @ 17:04

The UK’s Payments Council is to launch a secure means for consumers to make payments using a mobile number, in a long awaited service backed by the UK’s banks, called... read more

Windows XP deadline approaches for ATM’s

10 Mar 14 @ 13:00

In a stark warning from the PCI Security Standards Council, up to 95% of the world’s ATMs could be left wide open to hackers next month when Microsoft ends tech support... read more

Visa and MasterCard form USA EMV acceptance group

10 Mar 14 @ 12:52

Visa and MasterCard have launched a cross-industry EMV acceptance group to improve security for card transactions and press US retailers and banks to meet a 2015 deadline to adopt technology that would make it safer... read more

Baidu applies for China banking license

10 Mar 14 @ 12:43

Chinese search engine, Baidu has formed a partnership to apply for a private banking license, as China’s biggest search engine provider moves from acting as a store front for money market funds... read more

Are financial services ready for biometric technology?

07 Mar 14 @ 10:58

Biometric technology is a big talking point at the moment as there is growing consumer dissatisfaction with PINs, passwords and general security around mobile payments. The further down the digital... read more

US payment card fraud

06 Mar 14 @ 15:33

Payment card fraud in the US is rampant, and it’s adding up to big losses. The US accounted for 51% of global payment card fraud costs in 2013, according to BI... read more

The Face Behind Bitcoin

06 Mar 14 @ 15:15

Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed. He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he... read more

European Banking Authority virtual currency taskforce

05 Mar 14 @ 15:40

The European Banking Authority (EBA) will create a taskforce to advise it on whether virtual currencies like beleaguered Bitcoin, should be regulated. The watchdog said that the taskforce will be... read more

SWIFT create bank compliant KYC Registry to fight financial crime

05 Mar 14 @ 15:16

SWIFT has created a financial crime compliance services unit headed up by Luc Meurant. The expanding team is tasked with launching SWIFT’s Know Your Customer (KYC) Registry shared services platform, which... read more

Sale on cards stolen in Target breach

04 Mar 14 @ 15:56

Last year’s Target breach flooded underground markets with millions of stolen credit and debit cards. In the days surrounding the breach disclosure, the cards carried unusually high price tags — in... read more

Banco Sabadell roll-out Host Card Emulation (HCE) for NFC mobile payments

04 Mar 14 @ 15:38

Banco Sabadell has announced the launch of its technology pilot, delivering Host Card Emulation (HCE) for NFC mobile payments. This solution simplifies the complexity typically associated with mobile payment deployments, enabling... read more

How mobile payments work?

03 Mar 14 @ 10:53

In this video Judo Pay discuss the components involved in processing  mobile payments, the communication protocols between different parties and finally an example of a transaction to show the flow... read more

M-Pesa mobile money transfer goes global with MoneyGram deal

03 Mar 14 @ 10:41

Safaricom’s push to take its mobile money transfer business global has received another boost with the signing of a deal that will see users of MoneyGram send cash directly to... read more

Visa Europe cap transaction fees

03 Mar 14 @ 10:28

Visa Europe will cap the transaction fees it charges, the European Commission said on Wednesday, curbing an important money earner for banks behind the payment scheme. Europe’s antitrust regulator accepted on... read more

MasterPass enabled mobile wallet in Europe

28 Feb 14 @ 14:01

A new initiative linking MasterCard, OTP Bank and mobile wallet provider Cellum has been launched in Europe. Unveiled at Mobile World Congress in Barcelona, the Cellum-developed OTPay is the first,... 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