10 Dec 15 @ 16:39

Oh dear. Walmart has announced that it will get into the mobile payments business with Walmart Pay, the first US retailer to make its own push for consumers to use their... read more

10 Dec 15 @ 11:00

VocaLink has signed a contract with The Clearing House (TCH) to develop a national real-time payment service in the US. In October, the two companies announced they had signed a... read more

10 Dec 15 @ 10:59

When your everyday life is all about information and cyber security, you start to see patterns that may not be so obvious to others. Each year, I take my best... read more

09 Dec 15 @ 15:31

The 9th of December marks a significant date for interchange rates across the Europe as all EU countries align their domestic credit (0.3%) and debit card (no more than 0.2%) rates.... read more

09 Dec 15 @ 14:54

Contactless cards have finally taken off in Europe with spectacular growth in the number of cards and the volume of payments during 2014. The rollout of contactless cards and adoption... read more

09 Dec 15 @ 14:25

The European Payments Council (EPC), representing payment service providers, and the Cards Stakeholders Group (CSG), a multi-stakeholder body gathering retailers, vendors, processors, card schemes and the EPC, today published version... read more

09 Dec 15 @ 14:16

Recently merged Equens is expanding its product portfolio to include an end-to-end pan-European instant payment service. The instant payment solution will not only deliver an interbank automated clearing and settlement... read more

08 Dec 15 @ 16:56

Last month Apple turned on carrier billing in iTunes in Germany, allowing consumers to charge things like app payments and music purchases to their mobile account instead of credit or debit... read more

08 Dec 15 @ 12:30

“Fiserv is betting big,” said Nancy Atkinson, a senior analyst at Aite Group back in 2012. “Fiserv is trying to exert dominance over FIS. These two companies are huge rivals.”... read more

07 Dec 15 @ 15:05

According to a new forecast from the International Data Corporation (IDC ) Worldwide Quarterly Mobile Phone Tracker, 2015 will be the first full year of single-digit worldwide smartphone growth. IDC... read more

07 Dec 15 @ 14:49

The value of the average contactless transaction increased in Septembers a result of the increase in the contactless payment limit, the latest card expenditure statistics from The UK Cards Association... read more

07 Dec 15 @ 14:30

ING has added contactless mobile payments to its mobile banking app for Android smartphones, rolling out the service to all Dutch customers nationwide following a three-month trial run. The HCE-based... read more

04 Dec 15 @ 17:16

Proximity mobile payments in the US are set to ramp up aggressively. Transaction value will triple in 2016 due to a growing user base, broader merchant acceptance and the greater... read more

04 Dec 15 @ 12:43

Early Warning Services announced on October 26th that it has entered into an agreement to acquire clearXchange, which will create a bank-owned real-time payments system with unparalleled DDA connectivity. The... read more

04 Dec 15 @ 12:26

International card schemes MasterCard and Visa now account for 86% of all payment cards in Europe, as domestic and private label schemes continue their decline. Global Payment Cards Data and... read more

04 Dec 15 @ 12:01

The US credit card market is showing signs of recovery, with credit cards gradually gaining traction among US consumers. Credit cards accounted for 43.4% in terms of transaction value, a... read more

27 Nov 15 @ 14:11

BBVA Bancomer, the leading financial institution in Mexico serving over 20 million customers, is to roll out Dynamic Code Verification (CVV/CVC) solution protecting against Card-Not-Present (CNP) fraud. This is the first commercial... read more

27 Nov 15 @ 13:57

The European Payments Council (EPC) released its proposal for the design of a pan-European instant credit transfer scheme, dubbed SCT Inst scheme. This proposal is part of the Euro Retail... read more

27 Nov 15 @ 13:11

Bitcoin is a powerful and successful digital currency. Based on cryptography and a decentralized ledger, it has simultaneously been heralded as the future of finance and a gateway to the... read more

26 Nov 15 @ 16:32

Electronic payments volumes are expected to continue to grow strongly in 2014, according to the World Payments Report 2015 from Capgemini/Royal Bank of Scotland. Volumes are projected to grow at... read more