03 Feb 17 @ 13:08
Mobile, online and social media channels have revolutionised consumers’ shopping behaviour, and sparked demand for new payment solutions that support multichannel commerce, Big Data, loyalty and targeted advertising. A new... read more
03 Feb 17 @ 13:01
First Annapolis recently estimated current in-app mobile payments volume at €60 billion and €125 billion in Europe and North America respectively. US consumers clearly set the trend for mobile usage,... read more
03 Feb 17 @ 12:58
The US Payments Forum has announced the mobile and contactless payments working committee to explore the opportunities and challenges for the variety mobile and contactless payments solutions being implemented in... read more
03 Feb 17 @ 12:57
Mastercard and Visa have committed to accelerating the adoption of an open digital wallet. The card networks announced their agreement to allow each network to request tokenised credentials from the... read more
03 Feb 17 @ 12:56
The value of non-cash payments in the US and UK will reach $46 trillion and £1.44 trillion respectively by 2026, new research from global law firm Paul Hastings shows. In... read more
03 Feb 17 @ 12:10
The recent European Banking Authority (EBA) consultation paper on strong customer authentication and secure communications under PSD2 generated 146 responses. A broad cross-section of interested parties, including academic institutions, acquirers,... read more
03 Feb 17 @ 12:10
The fact that the main markets in Latin America are experiencing an explosion in e-commerce growth is hardly news. However, as both internet and smartphone take-up continues, consumers now have... read more
03 Feb 17 @ 12:07
Discover Financial Services (DFS) and PayPal have signed a tokenisation and digital payments agreement making PayPal more widely available to Discover cardmembers, acquirers and merchants. The agreement provides PayPal with... read more
03 Feb 17 @ 12:07
Worldline has entered into a mutually beneficial co-development relationship with Hease Robotics, a French B2B service robot manufacturer, which delivers robots to the retail and hospitality industries. The partnership helps... read more
03 Feb 17 @ 12:00
American Express announced in early December 2016 that it had acquired the risk management and authentication vendor InAuth for an undisclosed sum. InAuth provides mobile device authentication and intelligence solutions... read more
30 Jan 17 @ 12:04
In attempt to accelerate its digital commerce ambitions, Visa has agreed the acquisition of card-not-present authentication firm CardinalCommerce. Visa already provides Cardinal’s services to acquirers and merchants through its CyberSource... read more
30 Jan 17 @ 11:53
The Competition and Markets Authority (CMA) has found that Mastercard’s acquisition of VocaLink gives rise to competition concerns. Mastercard already owns and operates credit and debit card schemes Mastercard, Maestro... read more
23 Nov 16 @ 13:46
Nets shares took a bashing as Nordea Bank dropped the electronic payment system it was developing with Danish banks and instead teamed up with its main rival in Scandinavia, Danske... read more
23 Nov 16 @ 13:45
Ant Financial Services is expanding its global reach to make sure its millions of clients can buy whatever they want, wherever they want, and however they want. At the Money 2020... read more
23 Nov 16 @ 13:44
UK financial software provider Misys has been forced to cancel its planned IPO, citing “market conditions”, the latest in a series of pulled or troubled deals in the UK and... read more
23 Nov 16 @ 13:42
Payments and mPOS provider Miura Systems has launched a comprehensive mPOS SDK designed to offer developers a simple, best-in-class set of tools which significantly reduces the time taken for partners... read more
23 Nov 16 @ 13:42
Kohl’s, a US department store chain, has witnessed a 70 percent increase in enrolment with user transactions doubling over the same period for its payment app. Kohl’s Pay, a QR code-based... read more
23 Nov 16 @ 13:41
EMVCo has published EMV 3-D Secure Protocol and Core Functions Specification v2.0.0 (EMV 3-DS 2.0). The new specification provides a globally interoperable framework that promotes a consistent consumer experience across... read more
23 Nov 16 @ 13:41
A consortium of US banks, including Wells Fargo, JPMorgan Chase and Bank of America, are rolling out a new P2P money transfer app to take on Venmo and other mobile... read more
23 Nov 16 @ 13:17
India is en route to overtake the US to become the world’s second largest e-commerce market, according to new research by Worldpay. In its latest global overview of online consumer... 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