24 Mar 16 @ 12:32

Huawei Technologies, the leading Chinese smartphone manufacturer, has partnered with China UnionPay to introduce Huawei Pay – an NFC mobile payment service. As far as bank card payments are concerned, UnionPay holds... read more

23 Mar 16 @ 14:48

Major high street UK banks including HSBC, Bank of Scotland, First Direct, Halifax, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society say they are ready for the forthcoming launch... read more

23 Mar 16 @ 14:35

ABI Research is predicting that the overall biometrics market will reach a value of $30 billion by the year 2021. In a statement summarizing recent findings, the market research firm... read more

23 Mar 16 @ 14:24

American Express is reported to be investigating a potential data breach by a merchant in California. Apparently, the merchant was compromised, leading to the possible exposure of account numbers, names, expiration... read more

22 Mar 16 @ 15:16

A new study  has found that hat the annual transaction value of online, mobile and contactless – digital payments will reach $3.6 trillion this year, up from $3 trillion on 2015, resulting... read more

22 Mar 16 @ 14:44

Worldwide shipments of wearable devices are expected to reach 110 million by the end of 2016 with 38.2% growth over the previous year. According to the International Data Corporation (IDC)... read more

21 Mar 16 @ 12:51

Statistics by Financial Fraud Action (FFA) UK show fraud losses on UK payment cards totalled £567.5 million in 2015, representing an 18% increase from £479 million one year before. Significantly,  total... read more

21 Mar 16 @ 12:36

Tencent is not only China’s largest social network and online entertainment firm, it is now big in mobile payments. The company has quietly built one of the world’s largest mobile payments systems,... read more

21 Mar 16 @ 12:25

A newly discovered Russian hacker group known as Buhtrap has attacked 13 Russian banks since August 2015, using malware that infiltrates their gateway to the central bank, according to Moscow-based... read more

18 Mar 16 @ 11:48

TSYS has announced the results of its 2016 UK Consumer Payment Choice Study. New to the second annual research were findings related to emerging payments. The online survey of more than 500... read more

18 Mar 16 @ 10:07

Chase Bank Kenya, an innovative and fast-growing bank with an ambitious strategy across Africa, has successfully migrated its full card portfolio to the OpenWay WAY4 payment software platform from Electra... read more

18 Mar 16 @ 09:46

ACI will partner with Verifone to deliver a comprehensive pan-European payments platform for Auchan Group, one of Europe’s largest food retailers. Auchan relies on ACI’s market-leading, omni-channel UP Retailer Payments solution... read more

17 Mar 16 @ 12:39

Credit cards dominate the Hong Kong payment cards market in terms of transaction volume and value during the review period (2010-2014) – a trend which is expected to continue up... read more

17 Mar 16 @ 11:57

Vodacom South Africa reportedly considering various options for its sluggish mobile money transfer service M-Pesa. In 2010, Vodacom launched M-Pesa in South Africa and the company set a target of... read more

17 Mar 16 @ 11:48

ICICI Bank is set to roll out an HCE mobile payment solution to enable its credit and debit card customers to make payments with their smartphones at NFC-enabled terminal. The mobile payment solution... read more

16 Mar 16 @ 12:56

Mobile Maestro (called Bankomatkarte Mobil), an NFC mobile payment app enabled by Payment Services Austria (PSA) and supported by Austria Card, has launched. Following a successful field trial in Linz (Upper... read more

16 Mar 16 @ 11:55

Splitting a bill with friends at a restaurant, paying back half of a household bill to your partner, urgently sending money to your child studying in another European country…These are... read more

16 Mar 16 @ 10:22

Visa has launched a new feature for its online payment service, allowing users to authenticate a transaction by swiping an image of the card on the system. This service is best applicable for mobile... read more

15 Mar 16 @ 10:23

Samsung Pay has reported a loss of $16.8m (£11.8m) until now. Samsung Electronics reports that it views the platform as an investment for the future that will strengthen the competitive edge for... read more

14 Mar 16 @ 12:39

Capital One customers can now check their balances and pay their bills, voice-powered payments, talking to Amazon’s Alexa virtual assistant. The Alexa assistant works with Amazon’s FireTV and Echo smart speaker... read more