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Financial Conduct Authority seeks personal accountability through attestations

29 Jan 14 @ 16:30

The Financial Conduct Authority (FCA) has shown that it will adopt a more robust approach to regulating Financial Services firms. Last year saw the FCA hand out a total of £472,262,738 worth of fines, a significant increase to the £311,569,256 handed by its predecessor the Financial Services Authority (FSA) in 2012.

El Corte Inglés incorporate contactless payments technology in all outlets

28 Jan 14 @ 16:29

El Corte Inglés has received Visa Europe’s certification to implement contactless payments in all its shopping centres. From now on, and for all contactless payments, cardholders won’t have to hand... read more

DeviceFidelity provides Isis ready NFC iphone cases

28 Jan 14 @ 15:28

DeviceFidelity,  a provider of plug and play mobile Near Field Communication (NFC) and security solutions, says that its Isis Ready NFC iPhone cases are available online, and will be available in AT&T... read more

ReD and Setcom partner for fraud prevention in South Africa

28 Jan 14 @ 14:28

South African headquartered Payment Gateway, Setcom, has announced a new four year agreement with ReD, a leading global fraud prevention provider. The agreement will make ReD’s industry leading ReD Shield... read more

Neiman Marcus data breach: 1.1 million cards compromised

28 Jan 14 @ 12:40

Neiman Marcus has been forced to admit that up to 1.1 million customer payment cards were compromised in the recent data breach that hit its instore POS terminals over a... read more

EU payment regulation – Raising questions

28 Jan 14 @ 11:07

Recent payment regulation, interchange proposals in Europe and the revision of the Payment Services Directive will have a significant impact on business strategies for all stakeholders going forward – reports... read more

Apple mobile payments

27 Jan 14 @ 11:58

Apple is laying the groundwork for an expanded mobile-payments service, leveraging its growing base of iPhone and iPad users and the hundreds of millions of credit and debit cards on file through its... read more

The power of mPOS

27 Jan 14 @ 11:05

The rapid growth of the mPOS sector worldwide is making a profound impact on the wider industry, with banks, vendors and non-bank players all fighting for a piece of the... read more

US bank IT spending to hit $62 billion

24 Jan 14 @ 12:48

US bank IT spending is rising at a solid clip and is expected to be 4.5% higher in 2014. Growth will be consistent and climb slightly in 2015, as IT... read more

Visa: Contactless transactions in the UK grew fourfold

23 Jan 14 @ 12:36

UK consumers’ preference for electronic payments and contactless transactions continued to increase in 2013 as Visa Europe announces that spending with UK Visa credit, debit, commercial and prepaid cards increased... read more

iZettle SDK for iOS developers

23 Jan 14 @ 11:55

iZettle has released its first software development kit (iZettle SDK) for iOS, providing developers with the ability to easily add payment services to their mobile applications. The free SDK, available at developer.izettle.com,... read more

Judo Payments launches judoHub to support mobile commerce

23 Jan 14 @ 10:57

judo, the UK’s leading provider of simple, secure payment solutions for mobile, has launched judoHub, a repository of content and educational broadcasts to help businesses and app developers understand and... read more

Withdrawing cash from a Smart ATM via mobile phone

23 Jan 14 @ 10:23

Mobile phone instead of bank card: the first banks are planning pilot installations of automated teller machines that allow customers to withdraw cash using a smart phone – scheduled for... read more

T-Mobile launches Mobile Money challenging traditional banking services

22 Jan 14 @ 14:50

Given the outspoken nature of T-Mobile CEO John Legere you will have heard all about their Uncarrier initiatives. Its latest, Called Mobile Money, the personal finance product combines a smartphone app (iOS or Android)... read more

Mobile money transfer still undergoing growing pains

22 Jan 14 @ 14:34

Since entering the public domain, mobile money transfer using the phone platform, has almost lit up the airwaves. Paperwork is at the minimum and speed is usually counted in minutes.... read more

Alternative payments to overtake credit and debit card payments globally

22 Jan 14 @ 12:02

WorldPay has launched ‘Your Global Guide to Alternative Payments (Second Edition)’, an in-depth study of the global payment landscape. The study found online purchases made using alternative payments (any form... read more

Ukraine to launch SIM based NFC payment

22 Jan 14 @ 10:58

Ukranian mobile operator Kyivstar is to launch the country’s first ever SIM based NFC payment via a mobile phone. Working in conjunction with Kyivstar, Alfa Bank’s pilot paves the way... read more

AIB launches P2P ‘Me2U’ app

21 Jan 14 @ 15:22

ALLIED Irish Bank customers can now send money securely by smartphone to anyone with a mobile phone – P2P. The recipient does not have to bank with AIB but must have... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more