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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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Secret Service investigating data breach at Target

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

Europe’s largest commercial mobile contactless payments service launched in Spain

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

6.5 million contactless bus journeys in London

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

UK Fraud Predictions For 2014

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

Eurostar partners with iZettle

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

Why are Electronic Payments important?

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.

RBK Money gets Payments Services Authorisation in the UK

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

Datacard Group announces agreement to acquire Entrust

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

Amazon rumoured to buy mobile payments startup Gopago

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

Bitcoins not a currency says Norway

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

Retailers fight on as US court approves interchange settlement

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

European Parliament votes in favour of basic bank account as legal right

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

Chinese central bank drafts mobile payment rules

13 Dec 13 @ 13:59

The People’s Bank of China (PBOC) is drafting new mobile payment rules to regulate mobile payments, the Xinhua-run Economic Information Daily reported Wednesday. Fan Shuangwen, deputy head of PBOC’s department of... read more

Commonwealth Bank accelerate mobile payments adoption

13 Dec 13 @ 12:47

MasterCard says it will enable Commonwealth Bank of Australia MasterCard cardholders to securely load and store payment account credentials on select flagship NFC-enabled Samsung devices, enabling fast and secure contactless payments accelerating mobile payments... read more

Wells Fargo joins Isis mobile wallet

13 Dec 13 @ 11:34

Wells Fargo is to allow customers to load their credit cards on to the telco-backed Isis mobile wallet in the first phase of a pilot test of the technology, which... read more

Consumers beware: five ways your identity can be stolen

13 Dec 13 @ 11:23

Jumio has revealed the top five ways that identity thieves and fraudsters target victims, in conjunction with the release of a new report entitled The Fraudsters Playbook. The Playbook includes... read more

mPOS provider Swish granted Financial Institution license

13 Dec 13 @ 10:45

New mPOS provider Swish Payments has been granted a Financial Institution license by the Malta Financial Services Authority (MFSA). This allows Swish to operate as a licensed financial institution under... read more

LifeLock to purchase mobile wallet provider Lemon

13 Dec 13 @ 10:28

LifeLock, an identity-theft firm, is to grow its mobile presence with the acquisition of mobile wallet start-up Lemon for an initial consideration of $42.6 million. In conjunction with the all-cash... 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