12 Feb 14 @ 16:52

Commonwealth Bank of Australia says that technology investment is a major factor in its impressive 14% rise in H1 profits. CommBank beat analysts’ forecasts to report cash earnings of A$4.27... read more

12 Feb 14 @ 15:24

Global shipments of NFC phones equipped with Near Field Communication (NFC) technology will surge by more than a factor of four from 2013 to 2018, reaching 1.2 billion units, according... read more

12 Feb 14 @ 11:23

Last year, PCM delved into the world of virtual currencies, looking at how emerging (and unregulated) methods like Bitcoin could impact the payments industry. In less than a year, the pace of... read more

12 Feb 14 @ 10:14

Vodafone and MoneyGram have teamed up to enable mobile remittance allowing consumers to transfer funds directly from around 200 countries to the millions of users of M-Pesa. This service will be... read more

12 Feb 14 @ 09:22

Late last year, prior to the massive buzz surrounding the uncertainty of virtual currencies, ValidSoft partnered with Ven, a global virtual currency to deploy cyber security and identity theft protection solutions to virtual currencies.... read more

11 Feb 14 @ 16:56

Rail and Tube users could be overcharged because of a quirk in the contactless payment system, it has been revealed. Commuters who, when touching in and out, have their Oyster... read more

11 Feb 14 @ 16:49

Jumio a mobile payments and credentials management company, announced the availability of Jumio Fastfill, a service that automates key entry of personal customer information, by ID scanning, in mobile apps,... read more

11 Feb 14 @ 16:24

Competition among banks to gain new customers, and campaigns to replace low-value cash transactions with card payments, have driven significant levels of card issuance and rising card usage in the... read more

10 Feb 14 @ 10:15

US banks have been forced to pay out over $172 million in re-issued plastic cards, according to figures from the Consumer Bankers’ Association following the well publicised data breaches of... read more

10 Feb 14 @ 09:40

Increased consumer interest in mobile banking – particularly when facilitated by mobile technology – was one of the key findings of The Mobility 2014 research study, conducted by Arthur Goldstuck’s... read more

06 Feb 14 @ 16:48

Weve, the joint venture between the UK’s three largest mobile operators, is partnering with MasterCard, to accelerate the development of the UK’s most comprehensive contactless mobile payments system. The partnership... read more

05 Feb 14 @ 16:22

Online retailers should offer e-money as a payment option in order to stay safe from fraudsters, as the latest figures on retail crime suggest an increase in online fraud. The research... read more

05 Feb 14 @ 11:34

The US Federal Reserve has announced it will continue with plans to further the introduction of faster payments for US retail payments as part of a wide systematic effort to modernise the... read more

05 Feb 14 @ 10:54

Merchants’ desire to conduct customer transactions on tablets and smartphones spurred a more than 50% boom in shipments of mobile point of sale (mPOS) hardware in 2013. But does the... read more

04 Feb 14 @ 16:46

CIBC and TELUS announced the launch of the CIBC contactless mobile payment app to TELUS mobile devices with Near-Field Communications (NFC) capability, allowing more Canadians to have access to mobile... read more

04 Feb 14 @ 16:20

In an unsurprising piece of news, the European Parliament has extended the SEPA migration deadline, set for 1st February 2014, for processing SEPA-compliant payment transfers by six months, to August... read more

04 Feb 14 @ 15:50

On 30 January 2014 the Governing Council of the European Central Bank (ECB) endorsed the Assessment guide for the security of internet payments, prepared by the European Forum on the... read more

04 Feb 14 @ 12:41

With over R$690 billion (approximately US$300 billion) in card sales volume in 2012, the Brazilian market is the largest acquiring market in Latin America, and Brazil’s card volume grew at... read more