22 Feb 16 @ 13:25

PayPal has announced a change to its plans regarding NFC with two initiatives – an upgrade to its app that will support the technology and an alliance with Vodafone for contactless payments.... read more

22 Feb 16 @ 10:09

EACHA leads, upon invitation by the ECB, a taskforce consisting of ACHs (including members of EACHA, EBA Clearing and representatives of Target2), national central banks, the ECB, and ad hoc... read more

22 Feb 16 @ 09:26

Wirecard has acquired all shares of the Brazilian company Moip Pagamentos S.A. (MOIP). Moip Pagamentos , with more than 150 employees at its location in Sao Paulo, is a fast... read more

19 Feb 16 @ 13:10

Having effectively blown up and being outed publicly earlier this week, Powa Technologies, the UK mobile commerce company valued at $2.7bn, had $250,000 available in its bank accounts at the... read more

19 Feb 16 @ 12:45

As Apple and the other handset giants turn their attention to financial services through the launch of their various ‘Pay’ solutions, will banks face a similar fate to that of... read more

19 Feb 16 @ 12:40

In 2015 the UK online alternative finance sector grew 84%, facilitating £3.2 billion in investments, loans and donations, according to a joint report published today by the Cambridge Centre for... read more

19 Feb 16 @ 12:27

The total number of MasterCard processed transactions passed the 1 billion mark in Europe last year – an increase of 150% from 2014. MasterCard’s latest figures reveal that the UK... read more

19 Feb 16 @ 09:54

Peru has launched a domestic mobile money network, with the aim of drawing five million of the country’s unbanked into the formal banking system. Dubbed ‘BIM’, the low-tech mobile money programme... read more

17 Feb 16 @ 16:22

Amazon’s investment into the Indian market continued last night with the e-tailer announcing it had agreed a deal to acquire local online payments firm, Emvantage. Emvantage’s portfolio includes a range of... read more

17 Feb 16 @ 16:02

TransferTo has partnered under a framework agreement with Vodafone Group to enable real-time international money transfers to M-Pesa Mobile Money accounts worldwide. Powered by TransferTo’s cross-border Mobile Money network, the... read more

17 Feb 16 @ 15:58

Curve, a London-based startup, allows people to combine an unlimited number of bank cards into one physical payment card, accepted everywhere MasterCard cards work. It is supported by a mobile... read more

17 Feb 16 @ 15:41

Japan’s largest mobile network operator, NTT DOCOMO, has set up DOCOMO Digital in London as a new global business operation to advanced the mobile commerce ecosystem and encourage financial inclusion... read more

17 Feb 16 @ 15:31

The Strawhecker Group (TSG) has released survey results that estimate 37% of US merchant locations are EMV ready four months after the October 1st, 2015 liability shift. TSG’s previous survey... read more

16 Feb 16 @ 15:56

Visa Europe has expanded its tokenization service to include support for services where payment credentials are stored in the cloud — such as banks’ own mobile payment apps, wearables and... read more

16 Feb 16 @ 09:00

SIMalliance published an illustration intended to help NFC service providers to understand the cost considerations of different NFC deployment models. The illustration compares the known and hidden conceptual costs of... read more

15 Feb 16 @ 18:19

Following on from the initial investigation in September 2015, The Australian Competition and Consumer Commission has cleared banks of any wrongdoing in its inquiry into the withdrawal of banking services... read more

15 Feb 16 @ 12:09

Payments UK, the trade association for the payments industry, has published a second report in its World Class Payments series, titled: ‘How consumers around the world make payments’. The report... read more

15 Feb 16 @ 11:49

Mobile wallet transactions number in the European Union will experience a CAGR of 61.8% over 2016-2021, ensuring the revenue for the payments industry will pass the €1 billion bar by... read more

15 Feb 16 @ 09:07

LG Electronics has announced it will delay plan to launch the LG Pay mobile payments system at this year’s Mobile World Congress (MWC), The Korea Times reports, citing an unnamed company... read more

12 Feb 16 @ 12:54

Giesecke & Devrient (G&D) has announce that its Convego CloudPay solution has achieved Amex Enabled accreditation for cloud payment services. The Amex Enabled accreditation covers core services, including digital credential management, payment... read more