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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

Datacard Group finalize acquisition of Entrust for secure id and card personalization solutions

14 Jan 14 @ 15:49

Datacard Group, a leader in secure ID and card personalization solutions, announced that it has successfully purchased Entrust, a leader in securing digital identities and information. The closing of the... read more

Royal Canadian Mint launches Bitcoin competitor – MintChip

14 Jan 14 @ 14:55

Canada has unveiled the prototype of  MintChip, a digital currency likened to Bitcoin – only this currency was designed by the Royal Canadian Mint, is backed by the Canadian dollar, and... read more

Target confirms POS malware used in attack

14 Jan 14 @ 11:18

Target has confirmed reports that hackers infected Target’s point-of-sale terminals with malware (POS malware)  to steal the payment card information from millions of customers, the retailer’s chief executive has confirmed.... read more

Nets deploys PIN Manager

14 Jan 14 @ 10:49

Aconite, supplier of smart card issuing and processing solutions to card issuers and processors globally, has announced the go-live of Aconite PIN Manager at Nets, the leading card payments processor in... read more

A bad week for card data security

14 Jan 14 @ 10:25

In the last few days there has been bad news for retailers and their ability to comply with card data security protocols to protect their customer card data from hackers.... read more

Remote Deposit Capture: all about mobile

14 Jan 14 @ 09:57

With the explosion of mobile Remote Deposit Capture (RDC) demand, banks are seeing a shift in where RDC losses are occurring – from commercial and small business to consumer channels.... read more

Personal banking apps leaking sensitive data

13 Jan 14 @ 13:32

For several years I have been reading about flaws in home banking apps, but I was sceptical. To be honest, when I started this research I was not expecting to... read more

100 billion transaction processed for Bacs

13 Jan 14 @ 13:18

2013 saw Bacs Payment Schemes Limited, the company behind Direct Debit in the UK, process its 100 billionth transaction in the summer – that’s almost as many payments passing through... read more

Payments tech companies raise $1.2 billion in 2013

10 Jan 14 @ 17:01

2013 saw continued interest by venture capital and corporate venture investments into payments tech companies ranging from mobile point of sales solutions to parking payment apps to international money transfer. To clarify,... read more

O2 shuts down mobile wallet service

10 Jan 14 @ 16:33

Mobile network operator O2 is to cease operating its O2 mobile wallet service in the UK on 31 March. Launched in April 2012, the service included a range of money transfer,... read more

Mobile wallet usage to increase to over 40% of smartphone users by 2017

10 Jan 14 @ 16:14

Parks Associates research says that over 40 million US consumers, or 20% of all smartphone users, used at least one mobile proximity or mobile e-commerce wallet in 2013, and mobile wallet... read more

Worldwide impact of 3D secure on transaction conversion rates

10 Jan 14 @ 13:02

Adyen has published findings from its analysis of how applying 3D Secure to all transactions can positively or negatively impact transaction conversion rates on a per-country basis. The report, conducted... 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

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more