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THE GLOBAL WALLET WAR: WHO WILL OWN THE CUSTOMER?

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EMV will accelerate adoption of mobile technologies

19 Jun 13 @ 00:00

ACI Worldwide has released the results of a new survey of banks, retailers and payment processors that sheds new light on industry trends related to EMV, mobile payments and banking,... read more

BPC Banking Technologies and Alfa-Bank introduce mobile NFC-payments

19 Jun 13 @ 00:00

BPC Banking Technologies and Alfa-Bank – the largest private bank in Russia – announced the launch of a contactless payment service based on NFC technology for Russian telecom operator Beeline.... read more

Citi Launches the CitiManager

19 Jun 13 @ 00:00

Citi Commercial Cards has rolled-out “CitiManager Mobile”, a mobile-optimized version of the CitiManager desktop portal, Citi’s state-of-the- art account management tool. With the CitiManager Mobile site, Citi corporate cardholders can view their accounts,... read more

paySmart launches EMV solution in the Cloud

19 Jun 13 @ 00:00

paySmart an EMV provider for independent issuers in Latin America and member of the MULTOS consortium, has launched the world’s first EMV solution in the Cloud using MULTOS enabling independent... read more

Visa Sues Wal-Mart to end retailer’s swipe fee claims

17 Jun 13 @ 00:00

Visa Inc. sued Wal-Mart Stores Inc. in a bid to stop the world’s largest retailer from bringing price-fixing claims over merchant swipe fees. Wal-Mart is among more than 7,000 retailers that dropped out... read more

Payments Council posts blueprint for UK’s payments infrastructure

17 Jun 13 @ 00:00

The publication of the first ever Payments Roadmap – An Initial Report today (17 June 2013), spells out the Payments Council’s revolutionary approach towards assessing the options for building on the world... read more

Kuwait International Bank launches mobile payment in Middle East

17 Jun 13 @ 00:00

Adyen announced findings from its inaugural Global Mobile Payments Index – taken from over 10 months of payments analysis – showing that worldwide mobile payments transactions on its platform have increased by 75%,... read more

Starbucks goes contactless in the UK

17 Jun 13 @ 00:00

Starbucks, Barclaycard Global Payment Acceptance and Visa Europe have confirm that over 550 company owned  Starbucks stores in the UK accept contactless payments, making it even faster and easier for... read more

Unveils its next generation online payment fraud protection tool

17 Jun 13 @ 00:00

Ogone has upgraded its on-line fraud protection package with the latest detection technology tools and launched a new product, Ogone Fraud Expert . Merchants are being offered improved protection against online fraudsters... read more

Google Wallet – nightmare continues

12 Jun 13 @ 00:00

Google Wallet has become a large money pit. The company has dedicated hundreds of developers to Wallet and spent about $300 million to acquire digital payment startups to help develop the app.... read more

Apple granted a key iWallet patent for Mobile Pay service

12 Jun 13 @ 00:00

On June 11, 2013, the US Patent and Trademark Office officially published a series of 37 newly granted patents for Apple Inc. In this report we cover a key iWallet... read more

China Mobile and UnionPay announce launch of NFC Payments service

12 Jun 13 @ 00:00

China Mobile and China UnionPay announced on Sunday the launch of an NFC service and mobile wallet, integrating China UnionPay’s contactless payment QuickPass with China Mobile’s mobile wallet services. So... read more

SoftBank Mobile further expands Japan’s mobile NFC ecosystem

12 Jun 13 @ 00:00

SoftBank Mobile has announced its selection for the commercial launch of mobile NFC services in Japan. This launch further expands Japan’s NFC ecosystem, with two major mobile operators having launched NFC services,... read more

MasterCard brings mobile payment to Taiwan

12 Jun 13 @ 00:00

MasterCard has brought its near field communications (NFC)-based mobile payment service to Taiwan, in collaboration with mobile operator Chunghwa Telecom and four local banks, and is expected to be operational... read more

EVO Payments International completes acquisition of Deutsche Card Services

12 Jun 13 @ 00:00

EVO Payments International, LLC (“EVO”), a leading payments service provider, announced today the completion of its acquisition of Deutsche Card Services, formerly a wholly owned subsidiary of Deutsche Bank.  With... read more

China blocks MasterCard processing Renminbi transactions

11 Jun 13 @ 00:00

China’s central bank has ordered online payment platform EPayLinks to stop issuing renminbi-settled credit cards in partnership with MasterCard. “No payment institution is allowed to cooperate with foreign card companies... read more

European Payments Council and Cards Stakeholders Group Release Version 6.5 of the SEPA Cards Standardisation

10 Jun 13 @ 00:00

The European Payments Council (EPC), representing the European banking industry in relation to payments, together with the Cards Stakeholders Group (CSG) today published version 6.5 of the Single Euro Payments... read more

Mobile wallet payments will reach € 78 billion by 2017

06 Jun 13 @ 00:00

According to a new research report from Berg Insight, in-store mobile wallet payments in EU27+2 is forecasted to grow from less than €0.1 billion in 2012 at a compound annual... read more

Trending

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more

Banks to reinforce cyber defences as AI changes the threat model

22 Apr 26 @ 19:36

Banks are hardening their cyber defences as artificial intelligence begins to alter the economics of digital attacks. For financial institutions, the challenge ... more