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Consumers worldwide want more mobile banking via smartphones

07 Jan 14 @ 11:25

FICO has released the results of an international survey of smartphone consumers showing that they want to do much more mobile banking than most of today’s smartphone apps permit. While... read more

RBI disappointed in mobile banking traction

07 Jan 14 @ 11:07

The Reserve Bank of India (RBI) has expressed its disappointment over the lower-than-expected spread of mobile banking,  adoption of which has been encouraging, but below expectation, due to key factors such... read more

NRF files appeal in Interchange Fee Settlement fiasco

06 Jan 14 @ 16:25

The National Retail Federation, the world’s largest retail trade association, has announced, in the ongoing Interchange Fee Settlement fiasco  “it has formally filed an appeal of a controversial antitrust lawsuit settlement covering credit... read more

Barclays pilots mobile cheque deposit

06 Jan 14 @ 10:31

Continuing its theme of pushing technology for consumer benefit (and cost savings) Barclays Bank says it will pilot a scheme allowing customers to pay cheques, via mobile cheque deposit, into their accounts... read more

Indian bitcoin exchange shuts

06 Jan 14 @ 10:12

Amid further uncertainty for virtual currencies, there are fresh reports that India’s largest bitcoin exchange, BuySellBitCo.in, has been forced to shut after the country’s central bank issued a statement warning... read more

HSBC partner for Hong Kong NFC wallet initiative

06 Jan 14 @ 09:47

Global banking group HSBC is to launch an NFC wallet with four Hong Kong-based mobile carriers in 2014, according to The Standard. Those carriers are HKT, CSL, SmarTone Telecommunications Holdings and... read more

Banks unable to prevent another banking scandal

23 Dec 13 @ 10:23

Only 13% of Americans believe bank systems are capable of preventing another banking scandal, according to a poll of over 2000 American consumers. 35% suggest that with some investment, they... read more

New Euro Retail Payments Board will reinforce market governance

20 Dec 13 @ 11:54

The European Central Bank (ECB) has announced the creation of the Euro Retail Payments Board (ERPB). This new entity, which replaces the Single Euro Payments Area (SEPA) Council, will help... read more

MasterCard, eServGlobal and BICS create HomeSend remittance JV

20 Dec 13 @ 10:46

MasterCard, eServGlobal and BICS have announced the formation of HomeSend remittance, a joint venture (JV) which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash... read more

PayPal acquires StackMob for mobile payments capabilities

20 Dec 13 @ 09:33

PayPal announced it has acquired StackMob, a backend-as-a-service company that helps developers easily implement features in mobile apps. You can, for example, use it to add social network logins and push... read more

Secret Service investigating data breach at Target

19 Dec 13 @ 19:02

Rumours of a massive potential data breach affecting Target customers has affected up to 40 million credit and debit card accounts, a spokesperson for the retailer said Thursday. The data breach... read more

Europe’s largest commercial mobile contactless payments service launched in Spain

19 Dec 13 @ 10:47

Visa Europe and leading Spanish bank CaixaBank along with mobile network operators Orange, Telefόnica and Vodafone, have announced the launch of Europe’s largest commercial mobile contactless payments service. From February... read more

6.5 million contactless bus journeys in London

18 Dec 13 @ 13:21

Transport for London (TfL) has celebrated its first successful year of accepting contactless payment cards on all of the Capital’s 8,500 buses. Since it was launched on Thursday 13 December... read more

UK Fraud Predictions For 2014

18 Dec 13 @ 12:19

Leading fraud and risk management consultancy UK Fraud (www.ukfraud.co.uk) has drawn up a list of predictions for the coming year. Their fraud predictions for 2014 are: 1. The Cabinet Office... read more

Eurostar partners with iZettle

18 Dec 13 @ 11:15

iZettle, the social payments company allowing anyone to take card payments with their smartphone or tablet, has announced a partnership with Eurostar, the high-speed train service which links the UK, France... read more

Why are Electronic Payments important?

18 Dec 13 @ 10:14

This communication piece illuminates the crucial role that the Electronic Payments Industry plays in driving healthy economic  growth and sustainability throughout, in this instance, the US, but globally as well.

RBK Money gets Payments Services Authorisation in the UK

18 Dec 13 @ 10:04

RBK Money, an online payments provider in Russia, has been granted the status of an Authorized Payment Institution by Financial Conduct Authority (FCA) in the UK for the provision of... read more

Datacard Group announces agreement to acquire Entrust

17 Dec 13 @ 17:01

Datacard Group has entered into an agreement to acquire Entrust, a leader in securing digital identities and information and a Thoma Bravo LLC portfolio company. The acquisition builds on the... 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