28 May 14 @ 12:46

Mobile point-of-sale (mPOS) company SumUp announced the launch of the first proprietary mobile Chip & PIN device of an mPOS provider in Europe. The device, called PIN+, is available in... read more

28 May 14 @ 12:31

Finland’s banking industry is hoping to establish a real-time payments system and has invited potential suppliers to make their pitches. The country’s current ‘urgent’ payment system, dubbed Pops, was built... read more

28 May 14 @ 12:22

Austria Card (Lykos Group), an internationally leading card manufacturer, increased its share in the Turkish personalization specialist Provus Kart Hizmetleri A.Ş. to 100%. Former Provus thereby started to operate under... read more

27 May 14 @ 12:59

Apple has filed another NFC related patent on May 22nd giving a clue that we can expect exclusive circuitry for NFC in the next iPhone. The patent states that different... read more

27 May 14 @ 12:48

Juniper Research says one in five mobile handsets will have mobile wallet functionality by 2018, against less than one in 10 at the end of last year, according to a... read more

27 May 14 @ 12:19

Trustwave has released the 2014 Trustwave Global Security Report which reveals the top cybercrime, data breach and security threat trends from 2013. The report includes the type of information most... read more

23 May 14 @ 13:07

Visa and MasterCard both presented at the JP Morgan Chase Technology Conference earlier in the week and addressed several of the big issues that each face. With Russia’s demand to collect... read more

22 May 14 @ 16:09

The newly established Euro Retail Payments Board (ERPB) is setting up two working groups to explore the role of mobile and ‘innovative’ payments methods, as Europe begins the transition to... read more

22 May 14 @ 15:06

For the first time since Q4 2008, near the height of the credit crisis, year-over-year receivables increased by more than 1% in Q1 2014. Purchase volume increased by 7.0% on... read more

22 May 14 @ 12:52

PayPoint has merged its internet payment service provider and mobile phone payment businesses, previously trading as PayPoint.net and PayByPhone. The new business, known as PayPoint Mobile and Online, combines PayPoint’s depth of expertise in... read more

21 May 14 @ 15:35

EBay has asked users to change their passwords following a cyber-attack that compromised one of its databases. The US firm said the database was hacked between late February and early... read more

21 May 14 @ 09:19

First Annapolis Consulting recently completed its 2014 Mobile Banking Study, which highlights the growing importance of mobile banking among the top 100 US regulated depositories. Key findings include: Nearly all... read more

20 May 14 @ 15:34

LifeLock has pulled its LifeLock Wallet app from various mobile app stores. In a blog post on its corporate website, LOCK Chairman and CEO Todd Davis said that the company had withdrawn... read more

20 May 14 @ 12:13

Groupon has unveiled Gnome, an iPad POS system with deep integration into Groupon’s infrastructure that the company hopes will spur uptake among merchants that regularly run promotions through the service.... read more

20 May 14 @ 12:01

In a surprising move, Google Wallet users can now choose to pay with PayPal when shopping in the Google Play store. Google Wallet and PayPal have been competing with each... read more

20 May 14 @ 11:52

Tech companies have invested millions in trying to persuade people to make mobile payments, but the closure of a high-profile app launched by Twitter’s co-founder suggests too few are willing... read more

19 May 14 @ 11:36

MasterCard announced that it has entered into an agreement with Opus Software Solutions Pvt. Ltd.,  (“Opus”) to acquire its subsidiary, ElectraCard Services Private Limited, (“ECS”), a leading global provider of software... read more

19 May 14 @ 11:34

The European Payments Council (EPC), representing the European banking industry in relation to payments, today launched a three-month public consultation on possible modifications to the SEPA Credit Transfer (SCT) and... read more