12 Dec 14 @ 11:05
Apple Pay and ATMs are included on Woburn, Mass.-based data-security services provider Kaspersky Lab Inc.’s newly released list of nine security predictions for 2015. The top targets will be banks, which... read more
12 Dec 14 @ 09:00
With Apple leading the market, banks losing some control, and Bitcoin blockchain used to design new financial products, it looks like an exciting year ahead for the mobile payments space.... read more
11 Dec 14 @ 13:56
A new service that lets NFC phone users enter their PIN on their mobile device to confirm a high value transaction is making it possible for UK consumers to make... read more
11 Dec 14 @ 12:31
As we head toward the close, 2014 seemed to be the year of the dinosaur— as in the outmoded creature whose days were ended in the flash of a mighty asteroid strike.... read more
10 Dec 14 @ 11:09
Vast numbers of hours, experts and resources have been devoted to the implementation of the EMV standard for credit and debit cards in the United States. As the smoke begins... read more
09 Dec 14 @ 16:18
According to local sources, Russia’s Rossiya and SMP banks, which fell under Western sanctions, are among the eight lenders that will start testing the country’s new national payment system on... read more
09 Dec 14 @ 12:38
It has been disclosed that venture capital investment in European payment companies is surpassing dotcom boom levels, boosted by the fast take-up of digital technologies and shifts in consumer behaviour.... read more
09 Dec 14 @ 12:10
The coffee chain Starbucks processes around 47 million transactions each week in its 12,000 US stores, news.yahoo.com reports. According to the source, 7 million of those purchases (around 15%) are made... read more
09 Dec 14 @ 10:03
9 banks representing 80% of the Belgian market can now make use of Sixdots, a mobile wallet service that uses a combination of QR codes and a 6-digit PIN to make... read more
09 Dec 14 @ 09:56
In its second meeting, on 1 December 2014, the Euro Retail Payments Board (ERPB), a multi-stakeholder group chaired by the European Central Bank (ECB), decided to step up work on the... read more
09 Dec 14 @ 09:46
PaymentsCM (PCM) predicts that contactless card payments in the UK this Christmas will exceed £500 million with over 250,000 transactions in December. The increase in contactless users has had a... read more
08 Dec 14 @ 17:03
Barclays is giving 1 million customers the ability to deposit cheques remotely by taking photographs with their phones – cheque imaging. Barclays has been piloting the service with a few... read more
08 Dec 14 @ 16:51
Ripple Labs is to plug its real-time settlement protocol into the Earthport payment hub, opening new channels to market for the open source transaction technology. Under the partnership, Earthport’s customers... read more
08 Dec 14 @ 16:26
The UK’s Faster Payments scheme, now in its sixth year since Faster Payments were launched as a near real time, world-class payment clearing system. The service has been a great success; annualised growth... read more
08 Dec 14 @ 09:56
A new report from InfoScout suggests Apple Pay is yet to gain widespread adoption among iPhone 6 owners due to poor consumer awareness of which stores accept the NFC payments... read more
08 Dec 14 @ 09:49
This week, the Merchant Financial Cyber Partnership announced plans to strengthen the security of the payments system and align on cyber security. In a press release, the group announced the... read more
04 Dec 14 @ 11:54
A total of $296 million was spent globally across the bitcoin network on Cyber weekend, according to insight provided by Bitnet. Bitcoin registered as the 9th biggest payment network worldwide... read more
04 Dec 14 @ 11:07
In a new report, Celent summarizes payment statistics and noncash transactions it tracks from over 120 countries, by both payment type and region. Celent estimates that there were 345.7 billion... read more
04 Dec 14 @ 09:14
E-commerce Christmas spend in the UK is set to hit a record £74.3 billion, with almost one in four pounds expected to be spent online, according to research commissioned by digital offer marketplace... read more
03 Dec 14 @ 15:17
More than three-quarters of online merchants (79%) believe the growing proliferation of markets, purchasing channels and payment methods pose a significant challenge for effectively dealing with fraud, according to the... read 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
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
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