06 Jan 14 @ 10:12
Amid further uncertainty for virtual currencies, there are fresh reports that India’s largest bitcoin exchange, BuySellBitCo.in, has been forced to shut after the country’s central bank issued a statement warning... read more
06 Jan 14 @ 09:47
Global banking group HSBC is to launch an NFC wallet with four Hong Kong-based mobile carriers in 2014, according to The Standard. Those carriers are HKT, CSL, SmarTone Telecommunications Holdings and... read more
23 Dec 13 @ 10:23
Only 13% of Americans believe bank systems are capable of preventing another banking scandal, according to a poll of over 2000 American consumers. 35% suggest that with some investment, they... read more
20 Dec 13 @ 11:54
The European Central Bank (ECB) has announced the creation of the Euro Retail Payments Board (ERPB). This new entity, which replaces the Single Euro Payments Area (SEPA) Council, will help... read more
20 Dec 13 @ 10:46
MasterCard, eServGlobal and BICS have announced the formation of HomeSend remittance, a joint venture (JV) which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash... read more
20 Dec 13 @ 09:33
PayPal announced it has acquired StackMob, a backend-as-a-service company that helps developers easily implement features in mobile apps. You can, for example, use it to add social network logins and push... read more
19 Dec 13 @ 19:02
Rumours of a massive potential data breach affecting Target customers has affected up to 40 million credit and debit card accounts, a spokesperson for the retailer said Thursday. The data breach... read more
19 Dec 13 @ 10:47
Visa Europe and leading Spanish bank CaixaBank along with mobile network operators Orange, Telefόnica and Vodafone, have announced the launch of Europe’s largest commercial mobile contactless payments service. From February... read more
18 Dec 13 @ 13:21
Transport for London (TfL) has celebrated its first successful year of accepting contactless payment cards on all of the Capital’s 8,500 buses. Since it was launched on Thursday 13 December... read more
18 Dec 13 @ 12:19
Leading fraud and risk management consultancy UK Fraud (www.ukfraud.co.uk) has drawn up a list of predictions for the coming year. Their fraud predictions for 2014 are: 1. The Cabinet Office... read more
18 Dec 13 @ 11:15
iZettle, the social payments company allowing anyone to take card payments with their smartphone or tablet, has announced a partnership with Eurostar, the high-speed train service which links the UK, France... read more
18 Dec 13 @ 10:14
This communication piece illuminates the crucial role that the Electronic Payments Industry plays in driving healthy economic growth and sustainability throughout, in this instance, the US, but globally as well.
18 Dec 13 @ 10:04
RBK Money, an online payments provider in Russia, has been granted the status of an Authorized Payment Institution by Financial Conduct Authority (FCA) in the UK for the provision of... read more
17 Dec 13 @ 17:01
Datacard Group has entered into an agreement to acquire Entrust, a leader in securing digital identities and information and a Thoma Bravo LLC portfolio company. The acquisition builds on the... read more
17 Dec 13 @ 16:42
It is rumoured that Amazon may have made another acquisition, and another move to expand its role in the world of mobile payments. Italian newspapers are reporting that the e-commerce giant has acquired Gopago,... read more
17 Dec 13 @ 09:25
It has been another topsy turvy week for Bitcoin as Norway, the government of Scandinavia’s richest nation, confirmed the virtual currency doesn’t qualify as real money. “Bitcoins don’t fall under... read more
16 Dec 13 @ 15:42
A group of US retailers have vowed to continue fighting a US District Court ruling in favour of a $5.7 billion interchange settlement with Visa and MasterCard over credit card... read more
13 Dec 13 @ 14:12
The European Parliament voted today[1] to give the right of access to a basic bank account at little or no cost to up to 30 million EU residents who want... read more
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
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
23 Jun 26 @ 18:52
The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more