24 Jul 13 @ 01:39

The European Union’s executive body proposed a strict cap on credit and debit card fees on Wednesday, in a move it said could save consumers billions of euros. The proposal,... read more

24 Jul 13 @ 01:38

The Securities and Exchange Commission is suing a Texas man for allegedly running a Ponzi scheme he promoted through a Bitcoin-denominated investment strategy and issued a warning to investors about falling for... read more

24 Jul 13 @ 01:36

Wind and BNL BNP Paribas Group, in collaboration with SIA and MasterCard, have started an NFC technology (Near Field Communication), which allows users to make purchases in contactless mode via... read more

23 Jul 13 @ 01:43

Kalixa Group, DeviceFidelity and MasterCard announced the UK launch of the moneto prepaid wallet. The wallet enables near field communications (NFC) functionality on an iPhone, allowing users to tap and pay for goods at thousands of... read more

23 Jul 13 @ 01:40

First Annapolis forecasts that U.S. open-loop prepaid revenue will reach $4.5 billion in 2013, up from $3.8 billion in 2012. Historically, growth rates on prepaid load volume, transactions, and revenue... read more

22 Jul 13 @ 02:18

Responding to increasing demand for mobile payments, Cryptomathic has upgraded its EMV flagship issuing solution, CardInk, to enable customers to issue payment applications to smartphones and other mobile devices. The... read more

22 Jul 13 @ 02:15

Movida, the mobile payments joint venture between Visa Inc. and Monitise announced a deal with ICICI Bank, India’s largest private sector bank, to utilize Movida’s mobile payments service for the... read more

22 Jul 13 @ 01:49

Sina, the Chinese tech giant behind microblogging platform Sina Weibo, announced that it will roll out an online banking platform in September. According to the Beijing News (h/t via Tech in Asia) the new... read more

22 Jul 13 @ 01:46

U.S. Bank announced that it has added Square to its digital wallet options available to customers via their iOS and Android smartphones. The announcement comes during a time when many in... read more

22 Jul 13 @ 01:45

Société Générale, one of the largest European financial services groups, announced that they launched the bank’s first NFC Visa payment service in Strasbourg, France relying on Oberthur Technologies’ Trusted Service... read more

22 Jul 13 @ 01:44

Alaric announced that one of the world’s largest payment processors, Heartland Payment Systems, has selected Alaric’s Fractals fraud prevention and detection product to monitor more than 300 million card transactions that it processes... read more

19 Jul 13 @ 02:19

UK citizens are being denied swift access to financial support and emergency payments because the Government has failed to grasp the opportunities now offered through emerging payments technologies from SMEs... read more

16 Jul 13 @ 02:31

Cellum, a developer of mobile payment applications, laid down the gauntlet, announcing that they have achieved a game changing 84% conversion rate- far higher than incumbent solutions.  The company now... read more

16 Jul 13 @ 02:30

“Imagine going in to a kiosk, picking up a newspaper at the cashier, clicking “Ok” on a Uniqul tablet and walking away. Imagine a day at the beach when you... read more

16 Jul 13 @ 02:28

Chinese bank card network China UnionPay has announced plans to introduce a mobile-payment service using an NFC-enabled Android phone from HTC. The phone, reported by Taiwan’s Central News Agency as the HTC... read more

16 Jul 13 @ 02:27

BANAMEX became the first bank from the American continent to launch iAcepta Móvil Banamex, an application developed by Stratus Technologies Mexico called S-Pay mobile POS, which is compatible with handheld... read more

16 Jul 13 @ 02:25

Merchant Customer Exchange (MCX) says it has selected FIS to provide a suite of services that will help bring its much-anticipated mobile commerce solution to the marketplace. FIS will provide... read more

16 Jul 13 @ 02:24

Leading corporate risk prevention consultancy and analyst Riskskill, a division of UKFraud (www.ukfraud.co.uk), is warning that the expected rapid growth of the global mobile payments market will create a potential... read more