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Retail banking IT spending to hit $152.5 billion by 2018

31 Mar 14 @ 12:02

Increasing customer strength is requiring banks to focus on the front office once more, as they seek to generate revenue and grow market share, according to new research from Ovum*. The... read more

TSYS signs agreement with Virgin Money

31 Mar 14 @ 10:43

TSYS announced that it has reached a long-term agreement to provide consumer credit processing services along with value- added capabilities for Virgin Money customers within the United Kingdom. Virgin Money... read more

SIA sign agreement with orange for mPOS in Europe

31 Mar 14 @ 10:38

SIA and Orange Business Services have signed a collaboration agreement that will enable European and extra-EU banks and merchants to manage payments via mPOS (mobile point of sale) terminals. More... read more

Mobile is key driver for changes in payments technology

31 Mar 14 @ 10:30

According to the recent IMRG Capgemini Quarterly Benchmarking Study, a third (32%) of all online sales were made over mobile devices between November 2013 and January 2014 – and this... read more

86% of customers shun brands following a data breach

28 Mar 14 @ 10:56

New research commissioned by Semafone has revealed that the overwhelming majority of people would not do business with a company that had failed to protect its customers’ card data in the... read more

BlackBerry strengthens mobile money plans for BBM

27 Mar 14 @ 14:37

BlackBerry expects to use BBM as the vehicle for offering more mobile money services across a greater number of countries this year, according to Re/code. David Proulx, senior director of BBM... read more

Wal-Mart renews Visa suit over interchange fees

27 Mar 14 @ 10:42

Embattled Wal-Mart Stores has filed suit against Visa this week in U.S. District Court (Fayetteville) claiming the defendant conspired with large banks to fix interchange fees charged to merchants between Jan... read more

Trustwave accused in Target data breach suit

26 Mar 14 @ 13:18

Trustwave, the PCI security vendor, has been accused of failing to detect vulnerabilities in Target’s handling of credit card data ahead of last year’s data breach, according to a law suit... read more

Airline carriers believe the future of airline payments lies in mobile

26 Mar 14 @ 13:00

Airlines will increase their focus on airline payments and new distribution channels such as mobile and social media over the next two years, according to WorldPay’s Alternative Payment and Distribution... read more

New Zealand launches new standards for mobile payments

26 Mar 14 @ 12:03

New options for making payments by mobile phone are expected to appear later this year in New Zealand. Payments NZ has launched new Mobile Device Rules and Standards that will... read more

Brazil’s Bradesco teams with Claro for contactless payment deployment

26 Mar 14 @ 11:42

Starting in H1 2014 Brazilians will be able to use their smartphones to carry out contactless payment transactions when shopping. In the first commercial project of its kind in Latin... read more

eBay urges shareholders to reject PayPal spin off

25 Mar 14 @ 15:21

eBay has suggested that its shareholders and customers are best served by keeping payment processor PayPal and the company together. Further, the e-commerce giant said it does not support activist... read more

Diebold cardless ATM for Credit Union

25 Mar 14 @ 14:52

ATM manufacturer Diebold has deployed a cardless ATM machine at Diebold Federal Credit Union that operates without a card reader or PIN pad. The ATM relies solely on mobile authentication,... read more

Australia’s mobile wallet tipping point

25 Mar 14 @ 14:37

As the popularity of contactless card and smartphone payments increases, new research from CommBank reveals mobile wallets are expected to replace physical wallets in Australia by 2021. According to the... read more

Worldline chooses payment gateway to extend international card acceptance

25 Mar 14 @ 12:50

Worldline, Atos subsidiary for e-payment services, have announced a premium strategic partnership with PAY.ON to enlarge Worldline’s international card acceptance coverage for e-payment. With the partnership, Worldline strengthens its worldwide positioning... read more

Zero commission online payment service SPIKE

25 Mar 14 @ 10:21

Metaps has released the closed beta version of SPIKE, a no commission online payment service that does not require any installation and can be set up in under a minute (the... read more

Milestone moment for V.me

24 Mar 14 @ 16:56

Visa Europe has announced new partnerships with fifteen European Internet Payment Service Providers (IPSPs), giving the V.me digital wallet service access to their extensive e-commerce merchant portfolios, and supporting the... read more

Eagle Eye customer engagement platform at point of sale

24 Mar 14 @ 12:04

EPOS specialists, Comtrex Systems have announced a partnership with digital consumer engagement experts Eagle Eye Solutions. Their platform, Eagle Eye AIR, allows merchants to easily connect with potential and existing... 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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... 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