05 Apr 17 @ 11:39
It has been almost 20 years since the paradigm shift in transaction transport, which made simple payment gateway integration available to an exploding community of web developers. Payment gateways became... read more
05 Apr 17 @ 11:38
The merchant acquiring market in Europe is operating on solid grounds of continuous transaction growth, however the cost pressures in the industry increases are very high, primarily due to new... read more
05 Apr 17 @ 11:29
Global EMV payment card shipments reached just under three billion in 2016, marking a year-on-year (YoY) increase of less than one percent between 2012 and 2015. The market became accustomed to... read more
05 Apr 17 @ 11:28
Bitcoin hit a new high, a day after soaring past the price of an ounce of gold for the first time in its short but turbulent history. One unit of the... read more
05 Apr 17 @ 11:26
More than 12 European countries will have adopted the Visa Token Service by the end of this year, says the card giant. Tokenisation makes mobile and online payments more secure... read more
05 Apr 17 @ 11:21
Optal announced the acquisition of Invapay, in a deal which will significantly expand Optal’s capabilities in the global corporate payments space. Invapay enables corporate buyers to use credit cards to pay... read more
05 Apr 17 @ 11:21
Kenya Bankers Association (KBA), the banking industry’s umbrella body, has awarded Tieto the contract to develop Kenya’s first industrywide switching platform in a move that will see banks enhance efficiency... read more
05 Apr 17 @ 11:21
More than one in seven free-to-use cash machines across the UK could start charging or be shut down if the row about the Link ATM network cannot be resolved, ATMIA... read more
03 Feb 17 @ 14:02
Cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2015. This was supported by the roll-out of new technologies,... read more
03 Feb 17 @ 13:50
2016 was the year when cybercrime reached record levels with a $81 million cyber heist on the Bangladesh central bank, and an unprecedented number of ATM attacks and data security breaches. We... read more
03 Feb 17 @ 13:34
Move over Big Data. There are two new buzz words in town: ‘artificial intelligence’ and ‘machine learning’. The claims being made for these technologies are just as significant, if not... read more
03 Feb 17 @ 13:29
Banks are on the horns of a dilemma with regard to branches. The current branch model is broken. It is financially unsustainable, not always customer-centric or inclusive of digital and... read more
03 Feb 17 @ 13:28
More than two-in-five card transactions undertaken in the face-to-face environment globally between July 2015 and June 2016 used EMV chip technology, according to official figures released by technical body EMVCo.... read more
03 Feb 17 @ 13:25
Many in India were unprepared when prime minister Narendra Modi announced a surprise ban on higher denomination notes. The Rs500 and Rs1,000 rupee notes ceased to be legal tender overnight... read more
03 Feb 17 @ 13:23
Card payments accounted for more than two-thirds of all core non-cash payments in the US in 2015, according to a triennial Federal Reserve study. Card payments grew 19.9 billion from... read more
03 Feb 17 @ 13:18
The majority of people interviewed for a UK survey accepted the use of transactional data to combat fraud, if there were safeguards in place. However, a core of people (16 percent)... read more
03 Feb 17 @ 13:17
The UK payments strategy forum has delivered a new strategy to overhaul the nation’s payment systems, making it fit for the 21st century. In its official statement, the forum set... read more
03 Feb 17 @ 13:17
Consumer-facing technology brands have done much to reset expectations around speed, but also convenience, value and choice. Users expect payments to keep pace with the speed of service in other... read more
03 Feb 17 @ 13:11
The internet comes with unintended consequences, including the ease with which it can be mis-used for the commercial sexual exploitation of children. Payment platforms are also being mis-used to monetise... read more
03 Feb 17 @ 13:09
The European Payments Council published the SEPA instant credit transfer (SCT Inst) scheme rulebook at the end of November 2016, after a public consultation organised earlier in the year. It... 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
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
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