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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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T-Mobile taking on the banks with Mobile Money?

28 Feb 14 @ 09:44

Mobile banking, as has been explored many times before, has a huge potential to open up banking services to people across the developing world. This time, however, the focus is... read more

Implications of European interchange regulation

27 Feb 14 @ 12:48

The European Commission and Parliament are contemplating dramatic changes to the European interchange regulation structure and level of card interchange within the European Union.  Although the final form of the regulation... read more

Live @ MWC: Elavon to offer Zapp mobile payments

26 Feb 14 @ 10:29

In continuing its quest for acquirers, Zapp, has announces that Elavon has signed up to offer Zapp mobile payments to merchants and consumers from 2014. Elavon will work with Zapp... read more

Live @ MWC: OTP Bank Hungary launches digital wallet integrated with MasterPass

26 Feb 14 @ 10:18

MasterCard and OTP Bank Hungary announced the introduction of OTPay, the first digital wallet in Europe to leverage the application programming interface (API) of MasterPass. This application is customized to... read more

End of road for Bitcoin as Mt. Gox goes “Vesuvius”

25 Feb 14 @ 17:11

Mt. Gox, once the world’s biggest bitcoin exchange, went dark on Tuesday, with its website down, its Tokyo office empty, and a cryptic comment from its chief executive that the... read more

Live @MWC: Asian Telcos form Asia NFC Alliance

25 Feb 14 @ 15:10

Asian telecom operators Chunghwa Telecom (Taiwan), HKT (Hong Kong), KDDI (Japan), and SK Planet (South Korea) are jointly announcing the formation of the Asia NFC Alliance, with the support of... read more

Live @ MWC: MasterCard and Syniverse enhance mobile payment security

25 Feb 14 @ 15:00

At Mobile World Congress, MasterCard and Syniverse joined forces to deliver enhanced mobile payment security for consumers traveling abroad. By tying their payment card settings to the geolocation of their... read more

Live @ MWC: Handelsbanken selects Point for mPOS businesses

25 Feb 14 @ 14:55

VeriFone announced that Point and Handelsbanken, one of the highest rated banks in the world, will provide a mobile payment managed services solution for micro merchants and other small businesses... read more

Live @ MWC: GSMA report shows active mobile money users reached 61 million

25 Feb 14 @ 12:16

The GSMA’s Mobile Money for the Unbanked (MMU) programme released its third annual Mobile Financial Services State of the Industry Report, providing a quantitative assessment of the state of mobile... read more

Live @ MWC: Samsung deepens PayPal partnership for payments

25 Feb 14 @ 11:22

In a move which must surely put Apple on the back foot and after yesterday’s news Samsung has announced its new flagship smartphone, the Galaxy S5, includes biometric security as... read more

New report on card fraud shows online fraud increasing

25 Feb 14 @ 11:07

Card fraud within the Single Euro Payments Area (SEPA) increased in 2012 for the first time since 2008, driven mainly by higher internet fraud. The third report on card fraud,... read more

Live @ MWC: Accenture launches mobile wallet platform

25 Feb 14 @ 07:32

Joining the fray, Accenture says it has launched a new mobile wallet platform that features integrated advanced analytics and big data capabilities, recommendation tools and security elements to provide a modular platform... read more

Live @ MWC: Mobile payments in Europe gather momentum

24 Feb 14 @ 12:27

Working with its partners, Visa says it has doubled the availability of mobile payments services across Europe in the past 12 months.  Mobile payments are now available nationwide in several... read more

Live @ MWC: PayPal launch wearable tech payments

24 Feb 14 @ 11:57

PayPal has partnered with Samsung to launch wearable tech payments. The Gear 2 is Samsung wearable device. The watches come packed with an embedded camera and run on Tizen OS, a... read more

Live @ MWC: MasterCard buys m-wallet and adds in-app payments

24 Feb 14 @ 11:47

MasterCard announced MasterPass in-app payments, enabling consumers to make secure purchases within a mobile app as it attempts to grab a piece of the fast-growing multi-billion dollar industry. In-app payments... read more

Live @ MWC: Google Glass barcode scanning

24 Feb 14 @ 11:28

GS1 have announced that they will be demonstrating the power of barcode scanning in evolving mobile devices using the widely speculated Google Glass platform. This demonstration, the first of its... read more

MEPs back cap on card payment fees

21 Feb 14 @ 15:47

The card payment fees that banks charge retailers for processing shoppers’ payments should be capped, Economic and Monetary Affairs Committee MEPs decided in a vote on Thursday. The cap would apply... read more

ACI strengthens support for UnionPay payments

21 Feb 14 @ 15:25

ACI Worldwide  an international provider of electronic payment and banking systems,  has announced strengthened support for UnionPay, the largest card network in the world. ACI’s clearing solution, ACI Interchange, opens... 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