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China bans Bitcoin

06 Dec 13 @ 11:09

China’s central bank has taken the decision to bar financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency after an 89-fold jump in its value sparked a... read more

Swish mobile payments – an amazing success

06 Dec 13 @ 10:59

Swedish mobile payments service Swish celebrates one year, and with more than 500,000 active users and more than 1 billion SEK (€113 Million) in transaction volume, it’s can be judged... read more

China Telecom to launch 30 million mobile wallet NFC cards

05 Dec 13 @ 18:15

China Telecom is ready to launch a mobile wallet service by putting on standby 30 million NFC-enabled UIM cards for its CDMA network, according to Marbridge Consulting. The actual launch is... read more

£11.4 Billion to be withdrawn from UK ATMs

05 Dec 13 @ 17:12

Sainsbury’s Bank estimates that approximately £11.4 billion will be withdrawn from UK ATMs this December, equating to over £367 million per day. The supermarket bank says it expects the number of... read more

New report highlights fraud prevention as a key consideration for businesses

05 Dec 13 @ 12:51

New research announcing continued growth in European online and mobile payment markets comparing five major EU territories: the UK; Germany; France; Belgium and The Netherlands, explores differing regional and cultural... read more

Mobile operator payment – ideal payment method?

04 Dec 13 @ 12:20

The European market for digital content, which could be monitised through mobile operator payment, is expected to increase from an estimated €15.8 billion in 2012 to almost €29 billion in... read more

Oberthur partners with mBank to offer mobile branchless banking

03 Dec 13 @ 13:22

Oberthur Technologies (OT) has partnered with mBank, an entity affiliated to the PlaNet Finance group that aims to facilitate financial inclusion through mobile technology, to offer mobile branchless banking in... read more

RBS broken by Cyber Monday IT glitch

03 Dec 13 @ 12:04

In a nightmare scenario for the UK governments part owned bank, RBS customers are still reporting problems accessing  services this morning despite the bank claiming that it has fixed the... read more

NCR announces financial services acquisitions

03 Dec 13 @ 11:51

NCR Corporation has taken the next step in the transformation of its Financial Services business, announcing that it had entered into a definitive agreement to purchase Digital Insight Corporation, a leader... read more

EU to maintain bank data sharing deal with US

02 Dec 13 @ 12:27

The European Union says it has received written assurances from the US government that NSA spies did not tap into financial messaging data transmitted over the interbank Swift network and... read more

The fight against online payment fraud in Europe

02 Dec 13 @ 11:50

A recent pan-European survey(1) on e-commerce companies to find out what measures they take to combat online payment fraud and what their expectations are in terms of fraud management has... read more

HCE-based NFC payments player SimplyTapp closes funding round

29 Nov 13 @ 12:34

A US start-up, SimplyTapp, which has created the ‘Host Card Emulation’ (HCE) approach to mobile HCE-based NFC payments recently embraced by Google, has raised its series a funding round. Most of... read more

Global mobile wallet market to reach $5,250 Billion

28 Nov 13 @ 10:14

A new market research report titled “Mobile Wallet Market”, published by Allied Market Research, indicates the global mobile wallet market is expected to reach $5,250 billion in 2020, growing at a CAGR of 127.5%... read more

V.me launches in the UK, France, Spain and Poland

28 Nov 13 @ 09:55

V.me by Visa, the first pan-European digital wallet service to be offered by banks and financial institutions, is now live in the UK, France, Spain and Poland. The UK’s Nationwide... read more

Hong Kong banks agree common NFC payment standard

27 Nov 13 @ 15:22

As the global leader in NFC payments, it comes as no surprise that The Hong Kong Association of Banks (HKAB) has issued Best Practice for NFC Mobile Payment in Hong Kong,... read more

The likelihood of a data breach within an organisation

27 Nov 13 @ 12:31

Prodec Networks has released a new infographic to highlight how vulnerable business are to internal data breach threats. In addition, it shows the financial impact this can have on a business. After employees,... read more

Nationwide first in the UK to launch V.me digital wallet

27 Nov 13 @ 09:59

Nationwide Building Society, in partnership with Visa Europe, is announcing the launch of V.me, a digital wallet that will offer the Society’s over 6 ½  million credit and debit card... read more

Danish bitcoin exchange Bips suffers cyber-breach

27 Nov 13 @ 09:38

Bips, the Danish bitcoin exchange, has been forced to shut down its consumer wallet initiative after suffering a major cyber-attack that saw £1 million in bitcoins stolen. Copenhagen-based Bips is... 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