02 Oct 14 @ 15:05
For the first time in three years, global customer experience has declined, reflecting an inflection point in customer expectations, finds the Capgemini/Efma World Retail Banking Report 2014. Future customers, mainly... read more
29 Jul 14 @ 22:39
The year 2013 saw strong growth in the use of the Dutch online payment system iDEAL, operator Currence has reported in its annual report for 2013. The number of transactions... read more
29 Jul 14 @ 22:37
Yaap, the digital services joint venture set up by Spain’s CaixaBank, Banco Santander and Telefónica, has launched a service to help small businesses push offers to customers. Yapp Shopping is... read more
29 Jul 14 @ 22:20
Spain’s CaixaBank has launched a contactless Visa-branded wristband, making it the largest programme in Europe to use wearable devices to make Visa payments at more than 300,000 locations across Spain.... read more
29 Jul 14 @ 22:17
The rapid convergence of prepaid and mobile commerce is creating significant opportunities for merchants and other stakeholder groups to push banks and other day-to-day money management service providers down the... read more
29 Jul 14 @ 21:50
French domestic card scheme, Groupement des Cartes Bancaires (CB), is planning to introduce biometric payment based on fingerprints before the end of 2014. CB is working with the National Security... read more
29 Jul 14 @ 21:30
Almost 59% of high-value merchants in the UK, France, Germany, Spain, Italy and Poland will not pass on savings from the proposed EU cap on interbank fees on card payments... read more
27 Mar 14 @ 23:22
Private equity firms Advent International and Bain Capital have entered exclusive talks to buy Danish card payment services company Nets Holding for more than €2 billion ($2.8 billion), two people... read more
27 Mar 14 @ 20:27
Host card emulation (HCE), the cloud-based mechanism for hosting NFC applications outside the secure element, effectively removes the need for bank reliance on telcos when launching mobile payments services. HCE... read more
27 Mar 14 @ 20:17
Following the news earlier this year that JPMorgan Chase would be exiting its US prepaid business, other US banks could soon follow suit if proposed new regulations covering the sector... read more
30 Jan 14 @ 13:48
Close to two thirds (64%) of UK consumers online who hold a current account with a bank or building society would prefer to conduct their banking on the web or... read more
30 Jan 14 @ 13:28
A new report from Juniper Research has found that annual retail payments on mobile handsets and tablets are expected to reach $707 billion by 2018, representing 30% of all e-retail by... read more
30 Jan 14 @ 13:27
With the holiday retail season now over, Jumio has released its December 2013 mobile commerce analysis, finding that retailers celebrated the most successful mobile holiday shopping season to date, yet... read more
30 Jan 14 @ 00:46
Hackers have breached the systems of major US retailers Neiman Marcus Group and Target, stealing millions of customer card details. In the first attack during December 2013, Target revealed that... read more
30 Jan 14 @ 00:38
The European Central Bank (ECB) has announced the creation of a new Euro Retail Payments Board (ERPB) to oversee the integration of the bloc’s retail payments market in a post-SEPA... read more
14 Nov 13 @ 11:19
Square has introduced Square Cash, a new service that allows users to send money by sending an email. With Square Cash, “individuals no longer need to write cheques, pay ATM... read more
14 Nov 13 @ 11:08
Infosys, a global provider of consulting, technology and outsourcing, has released its “Innovation in Retail Banking 2013” report. The fifth annual study, commissioned by Infosys and conducted by Efma, investigates... read more
14 Nov 13 @ 00:07
Recent interchange proposals in Europe and the revision of the Payment Services Directive will have a significant impact on business strategies for all stakeholders going forward. by Victoria Conroy In... read more
26 Sep 13 @ 13:20
First Data has been chosen by Raiffeisen Polbank as a key supplier of outsourcing services including issuing and servicing debit, credit and charge cards along with processing and settling the... read more
26 Sep 13 @ 13:20
Paysafecard Group has announced that five months after the launch of its “my paysafecard”online account across Europe, 150,000 of its customers are already using the new service. my paysafecard, which... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more
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