magazine

Latest Issue

Digital Currency Convergence

Subscribe now

Daily Insights

Global payments news direct to your inbox

Sign up free

DAILY NEWS

ALL NEWS

Trends and online transaction Q1 2014

29 Apr 14 @ 11:39

Realex have collated all of the online transactions that they processed in Q1 2014 from January to March,and created an infograph to illustrate the figures.

Mobile payments system Paym goes live

29 Apr 14 @ 10:51

The UK Payments Council backed mobile payments system Paym (pronounced Pay’ em) has gone live today amidst security fears and low registration numbers. Only 400,000 people have registered for the... read more

Cost of cash to UK businesses more than £17.8 billion a year

29 Apr 14 @ 09:59

The average cost of cash handling for UK SMBs has reached more than £17.8 billion a year, or £3,638.57 per retailer, according to new research by payment service provider Sage... read more

Ondot launches remote CardControl app

28 Apr 14 @ 13:21

Tech start-up Ondot is the latest US company to come out of hibernation and is now pushing a CardControl app that allows users to control nearly every aspect of how their... read more

Is Square for sale?

28 Apr 14 @ 10:41

After a number of anonymous sources wagging tongues, the clock is ticking for Square. Jack Dorsey’s payment start-up is burning through massive amounts of cash as it tries to scale its payments... read more

SIMalliance reports strong growth in NFC SIM cards

24 Apr 14 @ 11:52

The SIMalliance membership, which represents approximately 86% of the global SIM market, has reported SIM shipment volumes totalling 4.2 billion units for 2013, compared to 4.6 billion in 2012. The... read more

Card Payments in Europe

24 Apr 14 @ 11:01

Card Payments in Europe – Cards and payments at the POS and on the internet continued to drive significant growth in many European countries. The roll-out of contactless cards has started... read more

Transport for London to accept payments by smartphone

23 Apr 14 @ 13:15

London’s smartphone users are soon be able to pay for travel using their phone under plans being negotiated by mobile companies and the capital’s transport authority. Operators such as EE... read more

Orange celebrates the 10 millionth Orange Money customer

23 Apr 14 @ 12:40

Orange Money has seen exponential growth since it was launched. The service is now available in 13 countries: Botswana, Cameroon, Côte d’Ivoire, Egypt (under the name Mobicash), Guinea, Jordan, Kenya,... read more

First National Bank of Facebook

22 Apr 14 @ 17:10

Facebook is on the verge of winning approval from Ireland’s central bank to allow its users to store and exchange money. The company’s plans are not yet clear, but regulators are rightly... read more

Dominos adds Google Wallet for checkout

22 Apr 14 @ 16:22

Domino’s Pizza has formed a strategic alliance with Google and now allows customers to pay with Google Wallet when using their Android app – furthering their plan to take over... read more

The Amazon phone – made for mobile payments?

22 Apr 14 @ 12:21

Rumours concerning the launch of the Amazon phone continue to mount whilst many pundits are trying to figure out why the company is entering this competitive market. The answer might be mobile payments... read more

Bitcoin? UK consumers don’t trust it and don’t understand it

17 Apr 14 @ 12:22

Despite media hype around the future of Bitcoin and high-profile mobile payments providers such as Square and Stripe preparing to accept the virtual currency this year, new research from digital... read more

Visa says safer Chip&PIN card will make US debut

17 Apr 14 @ 12:06

Visa expects a safer Chip&PIN card will soon make its US debut, said Visa executive Bill Sheedy in his keynote address at ETA’s Transact 14 conference. He says the added... read more

Samsung Galaxy S5 fingerprint sensor and PayPal app hacked

16 Apr 14 @ 12:37

Researcher from Security Research Labs have managed to bypass Samsung Galaxy S5 fingerprint authentication, less than a week after the device’s official release, the ethical hackers also hacked the PayPal app. The... read more

MtGox chief refusing to travel to US for Bitcoin bankruptcy hearing

16 Apr 14 @ 09:19

The founder of MtGox has refused a US court’s demand that he testify this week about the collapse of what was the world’s biggest Bitcoin exchange. Mark Karpeles had been asked... read more

Santander’s bank transforms its mobile banking into m-commerce marketplace

15 Apr 14 @ 12:21

The new BZWBK24 mobile banking app enables its users in Poland to shop at a variety of merchants embedded in the application. Users can make daily shopping with home delivery,... read more

Facebook applies for e-money license

15 Apr 14 @ 11:49

Reports have surfaced in multiple media outlets this morning that Facebook is seeking regulatory approval from the Irish central bank for providing financial services in the form of remittances and e-money –... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more