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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

EU promise of transparent and competitive payment system under threat

13 Dec 13 @ 09:00

In an unsurprising reaction, the draft European Parliament report on the proposed Regulation on banking interchange fees (MIF) would water down the Commission proposal so that the majority of the... read more

East African economies launch cross-border payments system

12 Dec 13 @ 11:25

In its strongest attempt to date to bolster intra-regional trade, East Africa’s biggest economies have launched an integrated real-time cross-border payments system designed to remove bottlenecks to business, Kenya’s central bank... read more

Worldline and ReD offer integrated payments and fraud solution

12 Dec 13 @ 11:14

ReD and Worldline, Atos subsidiary for e-payment services, have announced a partnership to enrich Worldline’s payments and fraud solution. Through the partnership, Worldline will strengthen its current fraud management and scoring... read more

US EMV migration: The Importance of 3D Secure

11 Dec 13 @ 16:46

A new white paper has been announced titled “EMV is Not Enough: Considerations for Implementing 3D Secure.” The paper considers the impending US EMV migration to Europay, MasterCard and Visa... read more

RBC launch Facebook P2P money transfers

11 Dec 13 @ 16:19

In continuing its mission to be North Americas most innovative bank, RBC today marked a North American first by announcing Facebook P2P money transfers for customers to send money to... read more

1O1O launch new mPOS solution in Hong Kong

11 Dec 13 @ 12:50

Global Payments Asia-Pacific and 1O1O, a leading mobile operator in Hong Kong, have announced the launch of a mobile point-of-sale (mPOS solution) terminal. Compatible with both iOS and Android devices... read more

Survey reveals NFC support is in decline

11 Dec 13 @ 12:27

A survey conducted by Compass Plus has revealed that though popularity for the mobile channel continues to grow, NFC support is in decline. The annual survey, which was carried out at... read more

ExxonMobil join MCX

10 Dec 13 @ 11:37

The Merchant Customer Exchange (MCX) has announced that ExxonMobil, Giant Eagle, Kum & Go convenience stores and Rite Aid Corp. are among the growing number of merchants to become MCX... read more

Mobile contactless payments launched by Visa, Garanti Bank and Turkcell

10 Dec 13 @ 09:18

Visa Europe, Garanti Bank and Turkcell have announced a partnership that will enable Garanti Bank’s Visa credit cardholders in Turkey to make mobile contactless payments via a Turkcell Wallet. Garanti... read more

Advanced Payments Survey

09 Dec 13 @ 10:41

Edgar, Dunn & Company, the global payments consulting firm, has partnered with award-winning publishers Mobile Payments World and Payments Cards & Mobile to conduct their Annual Advanced Payments Survey. Over the... read more

Western Union money transfer now available at more than 80,000 ATMs

09 Dec 13 @ 09:43

Western Union has announced a major milestone with more than 80,000 ATMs and self- service terminals for money transfer around Europe and CIS – Eastern Europe is the strongest contributor... read more

Spend on financial crime counter measures remains strong

09 Dec 13 @ 09:32

According to a survey from BAE Systems Detica, spend on financial crime counter measures remains a priority for businesses globally. The “Financial Crime Survey 2013”1 reveals that investment by many... 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

Wero expands into Austria as Europe’s payments ambitions gather momentum

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