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Target security breach to speed US EMV adoption

21 Jan 14 @ 13:51

The recent Target security breach is set to generate a boom in demand for higher security, dual-interface cards, with US EMV adoption and shipments forecast to surge twentyfold from 2013... read more

Pingit signs Toyota for mobile payments

21 Jan 14 @ 12:10

The financial services arm of car manufacturer, Toyota, is offering customers the option to make additional payments on their car plans by using Pingit mobile payments. Toyota Financial Services provides... read more

SEPA migration gathers pace

20 Jan 14 @ 16:32

New statistics released today by the European Central Bank (ECB) show that SEPA migration to the Single Euro Payments Area (SEPA) gathered pace strongly in December. According to the latest figures... read more

Apple to launch mobile payment platform in 2014

20 Jan 14 @ 12:46

After several years of initiatives such as its Passbook wallet, this year will finally see Apple grasp the mettle and launch a fully-fledged mobile payments service, according to a forecast... read more

Microsoft pushes into mobile POS

20 Jan 14 @ 12:36

Microsoft’s push into mobile payments is moving forward thanks to new partnerships in its Deigned for Surface effort unveiled at the National Retail Federation’s annual conference. AnywhereCommerce has joined the... read more

Russian accused of BlackPOS malware used to hack Target

20 Jan 14 @ 12:10

Security firm IntelCrawler has released information implicating a Russian teen sold the BlackPOS malware responsible for breaching security at the retailers Target and Neiman Marcus and affecting as many as 110 million... read more

iZettle selects Elavon for payment processing

20 Jan 14 @ 11:57

Elavon has been selected by mobile payments provider iZettle to provide the back-end card payment processing which aids its services to small businesses across countries including the UK and Spain.... read more

Financial Conduct Authority seeks personal accountability through attestations

20 Jan 14 @ 11:48

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... read more

BofA cut 10% of branches as mobile banking strategy pays off

17 Jan 14 @ 12:17

Bank of America is planning to shrink the company’s 6,100-branch network by about 10%, a pullback from the two-decade expansion that took the bank from coast to coast – the... read more

EMVCo working on token specifications

17 Jan 14 @ 11:53

EMVCo has begun work on token specifications for the use of digital tokens – rather than account numbers – for electronic and mobile transactions. Tokenisation replaces a traditional card account... read more

Twitter close to e-commerce deal

17 Jan 14 @ 11:33

Twitter is close to letting its users purchase products directly through the social network and is nearing a deal with payments startup Stripe. The deal, which is in the final... read more

Asia leads the way as growth in global ATM market accelerates

16 Jan 14 @ 11:47

The number of ATMs installed worldwide increased by more than 180,000 during 2012 so the global ATM market reached 2.6 million at the end of the year. This is one... read more

P2P Transfer of Bitcoins via payment card

16 Jan 14 @ 11:28

SmartMetric, a developer of patented payment card technology and in-card biometric products, announced that its soon-to-launch SmartMetric Biometric Bitcoin Card, the world’s first biometric, fingerprint secured, off-line storage platform for... read more

UK retailers forfeit £1.5 billion in mobile commerce

15 Jan 14 @ 16:58

With the holiday retail season now over, Jumio has released its December 2013 mobile commerce analysis, finding that retailers celebrated the most successful mobile holiday shopping season to date, yet... read more

ACI Worldwide Unveils payment device vendor support for Its Point to Point Encryption

15 Jan 14 @ 15:38

ACI Worldwide announced that major payment device vendors including VeriFone, Ingenico and Equinox support its Point to Point Encryption (P2PE) solutions. P2PE is an emerging encryption technique in the payments industry that protects sensitive cardholder data in transit... read more

Washington Metro looks to mobile and contactless payments in transit upgrade

15 Jan 14 @ 12:43

The Washington Metropolitan Transit Authority has awarded a $184 million contract to upgrade its fare payment system to include mobile and contactless payments. The new system will widen payment options... read more

Leading UK Financial Institutions support Zapp mobile payments

15 Jan 14 @ 10:38

Big news for Zapp this week – 5 of the major UK retail banks have signed up to Zapp, meaning 18 million UK customers will have access to Zapp when... read more

Zapp Vs Pingit – the creation of the UK’s 3rd debit scheme?

15 Jan 14 @ 10:25

There has been much made of Europe securing a third debit scheme for processing card transactions and creating a viable competitor to break the duopoly of Visa and MasterCard. However,... 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