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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

EU extends SEPA migration deadline

10 Jan 14 @ 12:36

The European Commission says it will extend the SEPA migration deadline for the introduction of  new faster and cheaper intra-bank payments systems for six months following delays in some EU member... read more

UK bank IT systems called into question

10 Jan 14 @ 12:28

At a recent parliamentary inquiry, a senior Bank of England official said the UK banking sector is still a “long way away” from addressing deficiencies in its “antiquated” bank IT systems.... read more

PKO Bank Polski finalize sale of merchant acquiring business

10 Jan 14 @ 12:15

PKO Bank Polski and EVO Payments International successfully completed EVO’s acquisition of a 66% interest in eService, PKO’s existing merchant acquiring business. In addition, the parties also entered into a... read more

Central Bank imposes mobile money tax after bitter dispute

10 Jan 14 @ 12:06

Zimbabwe has begun imposing a mobile money tax on transactions after intense lobbying from the Bankers Association of Zimbabwe (BAZ) for the Zimbabwean central bank to regulate mobile money services... read more

£3.2m equity finance investment for secure chip provider Thames Card Technology

08 Jan 14 @ 09:51

Thames Card Technology (TCT), one of the UK’s largest manufacturers of secure chip credit, debit, prepaid, gift and loyalty cards, announced growth capital investment of £3.2 million from independent UK... read more

SEPA Cards Standardisation Volume ready for market implementation

07 Jan 14 @ 11:40

The European Payments Council (EPC), representing the European banking industry in relation to payments, together with the Cards Stakeholders Group (CSG), today published version 7.0 of the SEPA Cards Standardisation... 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