25 Oct 16 @ 09:16

PayPal reported third quarter earnings last week with an 18% increase in revenue at $2.67 billion, when analysts were expecting $2.65 billion. However, it is reported that some investors were... read more

19 Oct 16 @ 17:07

As with Orange in France, telecom operator Etisalat has announced the launch of its mobile wallet service — Etisalat Wallet — in the UAE. The app, available on Google and... read more

18 Oct 16 @ 18:00

A national payment switch has become a necessity for a cashless or ‘less cash’ society. The advantages of such a switch include boosting financial inclusion, stimulating innovation, competition, growth and... read more

23 Sep 16 @ 08:38

Delivering digital financial services by mobile phone could benefit billions of people by spurring inclusive growth that adds $3.7 trillion to the GDP of emerging economies within a decade. Two... read more

22 Sep 16 @ 13:08

According to the World Payments Report 2016, global digital payment volumes continue to increase, with annual growth projected to top 10% for the first time to reach 426.3 billion transactions... read more

14 Sep 16 @ 14:38

Circle for iMessage, which enables anyone using iOS 10 to send and receive social payments without fees to anyone in the world directly within Apple’s iMessage launched today. Customers can... read more

13 Sep 16 @ 13:49

The US Court of Appeals overturned the landmark antitrust interchange settlement between retailers and Visa and Mastercard on June 30, 2016, reigniting more than 10 years of legal battles over... read more

09 Sep 16 @ 09:56

On the 25 June 2015, a new package of EU Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation came into effect with the adoption of the Fourth Money Laundering Directive... read more

07 Sep 16 @ 13:44

Disruption, innovation, Uberisation, disintermediation, Fintechisation, regulation… all of these words are nowadays perceived as challenges for the retail banks and their business. Media and experts are fond of predicting that... read more

01 Sep 16 @ 09:31

Chargebacks have been part of card scheme dispute resolution rules for decades and reflect consumer protection regulations in many countries. However they are also the ultimate un-virtuous circle where almost... read more

31 Aug 16 @ 13:02

The rise of third-party m-payments in China at the expense of credit and debit cards is threatening commercial banks’ access to the customer data viewed as crucial to newly emerging... read more

05 Jul 16 @ 10:57

British voters’ decision to Brexit and leave the European Union on June 23 shocked markets around the world. It might also have significant implications on the development of the payments... read more

30 Jun 16 @ 12:00

There are now more than 100 million debit cards in circulation in the UK for the first time.The milestone was passed in April, the latest figures from The UK Cards... read more

28 Jun 16 @ 16:48

Kroger is to join Wal-Mart and sue Visa over debit-card PIN transactions, saying the payment network has levied fines against it and threatened to raise fees and cut off its acceptance of... read more

28 Jun 16 @ 16:20

SWIFT says that 73 banks worldwide have now joined its global payments initiative, designed to improve the cross-border payments experience. Recent banks to join the initiative include, Alfa-Bank, Axis Bank, Banco... read more

17 Jun 16 @ 10:11

Mobile payments use has become widespread: 45% of US consumers report having made a mobile payment, which translates to approximately 114 million adults. Expansion in the use of mobile payments over... read more

14 Jun 16 @ 10:55

Travelex has announced the launch of Supercard, a new MasterCard card and app combo for UK travellers to avoid overseas debit and credit card roaming fees and charges when spending abroad.... read more

13 Jun 16 @ 10:19

Walmart Canada says it will no longer accept Visa cards after it failed to agree a deal with the card company. Fees applied to Visa card purchases “remain unacceptably high,”... read more

11 May 16 @ 16:29

In order to identify issuers’ reactions to the interchange regulation decreases effective December 2015, First Annapolis has been closely monitoring the product offerings of the top 5 issuers in 13... read more

03 May 16 @ 13:20

PayPal’s P2P payment service Venmo is under investigation by the Federal Trade Commission. PayPal has acknowledged the situation in an SEC filing: “On March 28th, 2016, we received a Civil Investigative Demand (CID)... read more