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Thales issues Visa Ready security certification for mobile payments

04 Sep 15 @ 12:03

Thales has announces that its Information Technology Security Evaluation Facility (ITSEF), a long standing partner of Visa, is the first facility to have carried out the certification of the Antelop Payments... read more

2 in 5 Americans use mobile banking monthly

04 Sep 15 @ 11:30

Two in five Americans (39%) use a mobile banking to manage their bank account at least once per month and nearly half of mobile device owners (45%) do so, according to... read more

First Internet Bank uses Eyeprint ID biometrics for app

03 Sep 15 @ 16:43

Users of the First Internet Bank (FIB) mobile banking app can now login using Eyeprint ID verification technology, allowing customers to access their bank account with a smartphone camera and an... read more

Dwolla starts white-label service

03 Sep 15 @ 16:33

Dwolla has launched a “white-label” payments processing service, meaning other businesses and banks can sign on to use Dwolla’s money-transfer system, but won’t have to put Dwolla’s label on it. Dwolla CEO Ben... read more

Real-time cross-border payments – ISO 20022

03 Sep 15 @ 12:12

Real-time cross-border payments might soon be a reality, thanks to the efforts of a new payments industry group. But is there a business case for adopting the ISO 20022 standard?... read more

Four in ten won’t need cash in ten years time

03 Sep 15 @ 11:47

The latest research from Lloyds Bank on the future of payments shows many people believe they won’t need cash in the near future as they increasingly turn to cards, contactless payments... read more

Payments UK issues code of conduct

02 Sep 15 @ 16:18

Trade association Payments UK has published an initial code of conduct covering ‘indirect access’ to the UK’s payment systems. The principal aim of the code is to improve the experience... read more

EVO acquires Citi’s Merchant Acquiring business in Mexico

02 Sep 15 @ 16:03

EVO Payments International (EVO) has announced the successful completion of the purchase of Citigroup’s merchant acquiring business in Mexico, conducted through Banco Nacional de Mexico S.A. (Banamex), a wholly-owned subsidiary of Citigroup.... read more

TSYS signs payments agreement with Metro Bank

02 Sep 15 @ 15:58

TSYS announced that it has signed an agreement to process Metro Bank’s credit and debit card portfolios on TSYS’ TS2 processing platform, as well as provide Metro Bank fraud management services... read more

India joins Better Than Cash Alliance

02 Sep 15 @ 09:08

India has joined the UN-based Better Than Cash Alliance as it bids to accelerate the country’s migration to electronic payments as part of a more general strategy to boost financial... read more

How European Issuers can win with Tokenised NFC m-payments

01 Sep 15 @ 16:41

Apple Pay’s 14th July expansion into the UK arrival promises to expand m-payment capabilities into retail locations and greatly increase consumer awareness of the benefits and availability of m-payments. Most... read more

UK spend limit on contactless cards lifted

01 Sep 15 @ 15:30

UK consumers will now be able to spend up to £30 using contactless cards after the limit was increased. The limit per transaction for contactless cards, which do not require a... read more

Apple hack

01 Sep 15 @ 13:31

It has emerged that hackers have used a virus to steal Apple account details from 225,000 iPhones in what is thought to be the biggest theft of its kind. The Apple... read more

Safaricom closes loophole in M-Pesa

01 Sep 15 @ 13:15

Safaricom has introduced new charges for the transfer of funds from customers’ bank accounts to third-party M-Pesa wallets – sealing a loophole that lenders have been using to by-pass Safaricom when sending money. The... read more

Durbin effect on debit card costs mixed

28 Aug 15 @ 13:05

The Durbin Amendment may not be reducing merchants’ debit card acceptance costs to the degree its supporters had hoped, and it has not encouraged many retailers to pass savings on... read more

Ingenico joins Worldpay bid melee

28 Aug 15 @ 12:56

Ingenico has submitted a bid to buy Worldpay, two sources familiar with the matter say, as the contest heats up to take control of Europe’s leading payments processor. Worldpay, owned... read more

Wirecard smashes into Worldpay bid at $9.4bn

27 Aug 15 @ 08:51

The enigmatic German payments processor Wirecard is heavily rumoured to have joined the bidding for UK rival Worldpay. Wirecard is competing against private-equity bidders, including a joint proposal from Blackstone Group... read more

UK contactless card use skyrockets

26 Aug 15 @ 17:02

Spending by British consumers on their contactless cards has increased more than five-fold in the last 12 months, according to MasterCard’s UK spending data. Cardholders have driven 560% year-on-year growth... read more

US mobile cheque deposit on the rise

26 Aug 15 @ 15:47

One in seven Americans have used mobile cheque deposit using a mobile device within the past year – up from one in eight Americans last year, according to a recent survey... read more

Credit card: unsuitable for online payments

26 Aug 15 @ 15:28

The credit card was originally designed for making cashless purchases at stationary retailers. The idea was that the cardholder would produce the signed card when paying – when he or she... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

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

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more