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Spend Rose 10% in 2012, FICO Data Reveals

18 Feb 13 @ 00:00

FICO released its quarterly UK cards data showing that average total sales per ‘classic” credit card hit a two-year high in December of £600.25, surpassing the level from December 2011 by... read more

Banks must drive UK digital payments innovation

18 Feb 13 @ 00:00

Pitney Bowes, a provider of business communication technologies, has announced the launch of pbSmart Mobile across Europe. The product, which allows a business to build a mobile website quickly and... read more

GSMA’s NFC experience

18 Feb 13 @ 00:00

As part of the new NFC Experience at Mobile World Congress, four partners have come together to deliver a mobile contactless payment experience.   CaixaBank, Gemalto, Telefónica and Visa Europe... read more

American Express let users buy with Twitter

15 Feb 13 @ 00:00

Credit card company American Express has announced a partnership with Twitter that allows cardholders to purchase items by simply typing in a hashtag. For those unfamiliar with Twitter, the hashtag... read more

MasterCard enhances the processing of transactions in Europe

14 Feb 13 @ 00:00

MasterCard Europe today announced the introduction of a number of improvements for pre-authorized transactions applicable as of November 2013 in the Europe Region.  As pre-authorization volumes continue to grow fueled... read more

ig data platform launched for banks and merchants

13 Feb 13 @ 00:00

A revolutionary big data platform has been launched to close the transactional loop that’s currently broken every time a customer leaves a store with a paper receipt. Speaking at the... read more

Boots confirm contactless rollout for UK stores

13 Feb 13 @ 00:00

Visa Europe and Streamline have today confirmed further roll out for contactless payment through their partnership with Boots UK stores. The announcement follows a successful initial launch which has seen... read more

Proactive Risk Manager empowers banks to improve fraud detection

13 Feb 13 @ 00:00

ACI Worldwide announced the release of the newest version of ACI Proactive Risk Manager. With the explosive growth of transnational, organised fraud and identity theft, Proactive Risk Manager empowers financial... read more

DataCash continues to power payment processing for William Hill

13 Feb 13 @ 00:00

Payments services provider, DataCash, a MasterCard company, has today announced it has signed an extended contract with leading online gaming operator William Hill. DataCash has supported William Hill’s expansion in... read more

SIX Payment Services is a founding member of UnionPay International

13 Feb 13 @ 00:00

SIX Payment Services is taking a stake in UnionPay International Corporation Limited (UPI), which was set up by China UnionPay (CUP) at the end of 2012 with the aim of... read more

U.S. Credit Card Issuer performance snapshot

12 Feb 13 @ 00:00

After a protracted decline beginning in mid-2009*, weighted average industry loss rates experienced a plateau in the fourth quarter of 2012.  Purchase volumes increased compared to both the prior year... read more

European Card Market growth continues to rebound

12 Feb 13 @ 00:00

Based on our analysis of recently released data from European central banks, The European Paymentys Cards Yearbook (http://www.paymentcardyearbooks.com) estimates that European card market growth rates continued to rebound in 2012... read more

Thales and Miura introduce MPOS

12 Feb 13 @ 00:00

Thales and Miura Systems have announced an integrated mobile payment solution that enables merchants to adopt mobile point of sale (mPOS)  systems that fully support PIN based transactions, including the... read more

zooplus Goes live with Adyen to power payments across Europe

12 Feb 13 @ 00:00

Adyen has announced that zooplus, Europe’s leading online retailer for pet products, has become the latest merchant to switch its online payment processing to Adyen. Increasing sales and continued expansion... read more

Ukrainian banks can connect up to 400 types of paid services on ‘Global Money’

12 Feb 13 @ 00:00

Integration of the "Global Money" Ukrainian payment system with WAY4, payment processing system developed by OpenWay, makes it possible for Ukrainian banks to connect up to 400 types of paid... read more

Turkey: Online Credit Card Transactions up 34%

11 Feb 13 @ 00:00

In Turkey, the number of online credit card transactions has grown by 34% in 2012, reaching $17.4 billion, recent statistics indicate. According to data released by Turkey’s Interbank Card Center (BKM), 19... read more

Skrill completes acquisition of paysafecard.com

11 Feb 13 @ 00:00

The closing of the acquisition by Skrill of paysafecard.com Wertkarten AG, the Austrian prepaid payments business, has been completed. Skrill is majority owned by Investcorp Technology Partners. As the European... read more

Visa sued by Australian competition watchdog

06 Feb 13 @ 00:00

Australia’s competition watchdog has sued credit card company Visa for alleged "misuse of market power". It has accused Visa of preventing customers from using a currency of their choice in... 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