31 Jul 15 @ 16:06

MasterCard has paid out $61 million to UK supermarket retailer Tesco in what is expected to be the first of several settlements by card schemes over interchange fee lawsuits lodged... read more

29 Jul 15 @ 11:06

Over the past several years, instant payments have become an increasingly important part of the payments landscape. The Euro Retail Payments Board (ERPB), European Central Bank (ECB), European Payments Council... read more

24 Jul 15 @ 15:04

The SME international money transfer market is large and well-established with over 100m businesses worldwide, increasing by nearly 8% annually. These businesses represent a huge FX and money transfer market, making... read more

10 Jul 15 @ 11:37

Debit card transaction values increased from $274.9 billion in 2010 to $315.3 billion in 2014, at a CAGR of 4.90%; while, the credit card transaction values recorded a CAGR of... read more

07 Jul 15 @ 13:54

The card networks, Visa and MasterCard have grown significantly and altered their market approaches since their initial public offerings (Visa in 2008, MasterCard in 2006). While market headwinds, including the... read more

02 Jul 15 @ 18:00

Having trialled the Facebook Messenger payment service, Facebook announced that the payment feature is now available for Facebook Messenger users in the US. Now you can make person-to-person payments by adding your... read more

30 Jun 15 @ 10:28

In as little as a decade we will look back at the fractured banking and payments sector with utter astonishment at just how long traditional banking services weren’t challenged –... read more

30 Jun 15 @ 10:25

European payments regulation, such as the original Payment Services Directive (PSD) of 2007 and Single Euro Payment Area (SEPA), have already caused significant change within the banking and payment industry.... read more

24 Jun 15 @ 13:26

Annual figures from the Bank of England show the British public retains a stubborn attachment to paper money, despite rapid innovations in higher-tech methods of payment such as contactless cards... read more

22 Jun 15 @ 15:40

After years of prohibiting merchants who accept its cards from steering customers to other brands, American Express is being forced to lift those restrictions. The change comes after a federal judge... read more

11 Jun 15 @ 14:31

Bitreserve is now, according to a company statement, the world’s first zero-cost money transfer and currency exchange service. For the first time in history, the transfer, exchange and conversion of money... read more

08 Jun 15 @ 16:45

Electronic person-to-person (P2P) payments have been on a roller coaster of interest over the last decade.  PayPal launched the first successful, widespread service in the late 1990s and has enjoyed... read more

08 Jun 15 @ 13:40

Google says it won’t earn any transaction fees from credit-card issuers for its coming Android Pay service because of evolving ground rules for the services. Credit-card issuers hope the changes will pressure Apple... read more

02 Jun 15 @ 13:10

The Federal Reserve Board announced it is taking public comment on whether to require member banks to move to same day payments. The request for comments comes after NACHA voted... read more

01 Jun 15 @ 11:54

Visa Inc. has announced a new program that connects financial institutions and technology companies to simplify and accelerate the roll-out of new and mobile payments and commerce services. Visa’s new Digital... read more

13 May 15 @ 16:58

Such is the fervour around virtual currencies that barely a day goes by without some form of news or announcement about the growth and threat of digital currencies but what... read more

01 May 15 @ 12:34

Apple, Starbucks and Disney are all strong brands with loyal followings, but they also have something else in common: They’re early leaders in the ever-evolving mobile payments market. Some analysts... read more

01 May 15 @ 12:19

Finally, some good news for CurrentC! As the new CEO, Brian Mooney, formerly CEO of Bank of America Merchant Services, one of the largest US merchant payment acquirers, Merchant Customer Exchange (MCX), a... read more

28 Apr 15 @ 12:37

In more bad news for MCX, Best Buy customers can now use Apple Pay to buy electronics online, with the physical stores to follow later this year, Apple CEO Tim Cook... read more

24 Apr 15 @ 10:36

The total value of the digital currency Bitcoin is now approximately $3.4 billion, and many companies and investors are working to prove that the technology can make financial services cheaper... read more