02 Sep 13 @ 17:25

The estimated size of the global core banking market is $8.6 billion in 2013. Celent predicts it will grow at a 4.0% rate over the next four years, reaching $10.1... read more

02 Sep 13 @ 17:03

The eCommerce division of WorldPay has announced significant growth across all product groups with transaction volumes up 45% compared to the first half of 2012. In the first half of 2013,... read more

02 Sep 13 @ 16:55

Providers have been updating the ATM channel with new features and services including innovations in deposit making such as envelope-free deposits. This activity has resulted in an increase in deposit... read more

23 Aug 13 @ 18:47

Vodafone India along with ICICI bank launched its mobile money transfer and payment service ‘M-Pesa’ in Delhi, expanding the footprint in the Capital. The company plans to roll-out the service... read more

23 Aug 13 @ 18:45

Standard Bank says its mobile banking customers as at July 2013 have swelled to 3 million, representing a 58% increase from the same period last year. On 15 August the group reported a... read more

23 Aug 13 @ 18:44

Bank of America announced that it has surpassed 1 million small business mobile users.  “Today’s small business owners aren’t behind desks all day, and many don’t even have a desk,”... read more

23 Aug 13 @ 18:43

The acquiring business, already fraught with rivalry, became even more competitive with an announcement from daily-deals giant Groupon that it will supply traditional POS terminals to merchants as part of... read more

20 Aug 13 @ 18:41

Bitcoin wallet service Coinbase has created an SMS interface, which enables users to send and receive bitcoins via text message. Any Coinbase customer, regardless of the network they are on and whether... read more

20 Aug 13 @ 18:39

Facebook is entering the mobile payment market with a new PayPal-like product. The on-the-go purchasing system would allow shoppers to input their Facebook login details to bypass the hassle of... read more

20 Aug 13 @ 18:38

Visa Europe announced the appointment of Nicolas Huss as its next President and CEO. Huss (48) will join Visa Europe from Apollo Group, where he is Chief Executive, Avant Spain... read more

20 Aug 13 @ 18:37

Square has been hit with a $507,000 fine by the Florida Office of Financial Regulation for operating in the state without a money transmitter license. In an order dated 24... read more

20 Aug 13 @ 17:35

American payments start-up Stripe has officially launched in the UK and is now setting its sights on mainland Europe. Stripe provides merchants with an API that they can embed into... read more

20 Aug 13 @ 16:32

UK consumers have made 51 million contactless purchases in the last 12 months, according to figures released today from Visa Europe. The monthly contactless spend has also increased five fold... read more

20 Aug 13 @ 15:31

According to the a new report by Timetric, rising competition from domestic payment card networks is set to significantly alter the current operational model of international card networks.  The ability... read more

05 Aug 13 @ 11:27

Telcos France Telecom-Orange, SFR, along with Bouygues Telecom, and banks BNP Paribas and Crédit Mutuel-CIC plan to move their NFC projects from a few local deployments to the national stage... read more

05 Aug 13 @ 10:43

A U.S. judge ruled on Wednesday that the Federal Reserve ignored the intent of Congress regarding a controversial cap on debit card “swipe fees” that are part of a dispute... read more

02 Aug 13 @ 20:57

Large North American financial institutions will spend $73.8 billion on IT improvements across software, hardware and professional services in 2014 as firms transition investments from “run the bank” to “change... read more

01 Aug 13 @ 21:01

The US mobile payments market will receive a major boost this year after Isis, the mobile commerce joint venture set up by Verizon Wireless, AT&T Mobility and T-Mobile US, announced plans for a nationwide... read more