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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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UKFraud seeks to reduce mobile wallet payment risks

08 Nov 13 @ 13:06

Following the recent launch of its mobile wallet consultancy practice, risk and fraud prevention consultancy UKFraud (www.ukfraud.co.uk) has launched a range of analytical, consultancy and advisory services aimed at helping... read more

First Data Merchant Solutions achieves UK Payment Institution status

07 Nov 13 @ 16:13

First Data Merchant Solutions, First Data’s direct-to-market payment acceptance business, today announced that it has become a UK Payment Institution after successfully achieving independent membership of the UK Financial Conduct... read more

Canada’s PC Financial and TD launch mobile wallet Ugo

07 Nov 13 @ 15:53

Canada’s first open mobile wallet, “Ugo” has been introduced by PC Financial and TD. The companies plan to combine multiple payment and loyalty programs into a secure mobile solution. Canada’s largest... read more

FICO and Validsoft partner to crack down on card fraud

07 Nov 13 @ 12:51

FICO, a leading predictive analytics and decision management software company, has announced the availability of a proximity correlation service for credit and debit card issuers aimed at improving the safety of... read more

Cash no longer king

07 Nov 13 @ 12:28

As the UK economy throws itself headlong into being a cashless economy, almost three quarters (71%) of people in the UK are now expressing concerns or dissatisfaction with having to use... read more

Fashion retailer, Blue Inc adds Ukash

06 Nov 13 @ 13:49

Blue Inc, a UK based fashion retailer, has signed up with online cash payment provider, Ukash. Recognising the importance of giving online customers the convenience, security and choice of paying... read more

Mobile banking cannot replace local bank branches

05 Nov 13 @ 14:07

Is a cashless society the shape of things to come? Many predict a world without physical money, where people are prepared to carry out all their banking transactions through mobile... read more

SecureTrading converts to FEXCO to Dynamic Currency Conversion

04 Nov 13 @ 18:00

SecureTrading, the UK’s leading independent payment processor, has joined forces with FEXCO to deliver Dynamic Currency Conversion (DCC), as it targets a broader range of international markets. The new partnership... read more

Mobile payments can deliver economic boost to UK

04 Nov 13 @ 17:53

Consumer adoption of mobile payments will deliver wide-ranging benefits for the UK economy, according to a new report published today by the Centre for Economic and Business Research (Cebr). The... read more

Liberty Reserve co-founder crushed by money laundering charge

01 Nov 13 @ 16:25

In a further blow to online and digital currencies, one of the co-founders of Liberty Reserve, which was abruptly shut down by the US government in May, pleaded guilty “to money... read more

Citibank and 3 launch NFC mobile wallet in Hong Kong

01 Nov 13 @ 16:10

Regional powerhouse Citibank Hong Kong and local mobile network operator 3 Hong Kong have launched the 3 Citi Wallet, an NFC mobile wallet for customers of the carrier who also have... read more

Google to bypasses Carriers with NFC Innovation

01 Nov 13 @ 15:59

Google has introduced platform support for NFC-based transactions through Host Card Emulation with the release of Android 4.4, Finextra reported on November 1. Google’s mobile wallet has faced difficulties in... read more

Merseyrail first UK rail operator to introduce contactless payment

01 Nov 13 @ 12:50

Merseyrail says that its customers will soon be able to make payments of £20 or under using contactless technology, introduced in partnership with MasterCard and Global Payments. Currently, 98% of... read more

Fresh fears over risks of contactless cards

01 Nov 13 @ 12:30

New research from the University of Surrey warns about the security of ‘contactless’ payment cards following a study in which they proved the technology was susceptible to fraud. The technology... read more

Boots UK goes contactless

01 Nov 13 @ 12:14

Boots UK, Visa Europe and WorldPay say that customers are able to pay with their contactless cards at all Boots UK stores, following the successful completion of the roll out... read more

Global mobile money transfer tops $10 billion

30 Oct 13 @ 17:47

The value of international money transfers made via mobile phones will exceed $10bn for the first time this year, according to Juniper Research. However, the cost and complexity of regulating... read more

PayPal waives $50,000 of payment fees for startups

30 Oct 13 @ 17:34

PayPal is giving digital startups a helping hand by waiving up to $50,000 in payment processing fees for 18 months. PayPal’s Startup Blueprint Program reduces the costs for startups helping them get... read more

UK Bitcoin exchange opens

30 Oct 13 @ 09:46

A UK Bitcoin exchange is launching in London this week that will bar customers from the US, citing diverging regulatory approaches to the experimental digital currency. Bitcoin has made the news recently for... read more

Trending

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more

Credit’s next competitive frontier beyond top of wallet

12 Mar 26 @ 18:21

For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more

Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more