22 Aug 14 @ 11:47

Online auction house eBay is considering selling its PayPal unit next year, according to media reports. Tech site ‘The Information’ stated that during interviews for the vacant position of president... read more

22 Aug 14 @ 11:01

Payments Cards & Mobile is one of the featured contributors to a new CNN article examining new cashless payment technology including contactless cards and mobile payments. The article, which is... read more

22 Aug 14 @ 10:55

mPOS specialist Square has launched Square Analytics, a merchant analytics tool, as part of its Register service. Square Analytics derives actionable data from merchants in order to increase sales. Square... read more

22 Aug 14 @ 10:52

The Mobile Payments Industry Workgroup of the Boston Federal Reserve has released the outcome of its May 2014 meeting on the state of the industry in the US and has... read more

22 Aug 14 @ 10:48

The European Central Bank (ECB) has named four key payment systems – Target2, Euro1, Step2-T and Core(Fr) – as “systemically important”, and as a result they will be subject to... read more

21 Aug 14 @ 11:10

Package delivery giant UPS has become the latest company to admit that customer payment card details may be at risk after it discovered malware at 51 of its US stores.... read more

21 Aug 14 @ 11:07

A tech company specialising in biometric selfies for use in banking authentication has received $6 million in funding to expand the company’s proposition. EyeVerify’s self-verification technology, Eyeprint ID, enables smartphone... read more

20 Aug 14 @ 15:15

Russia’s MDM Bank has partnered with Chinese payment network China UnionPay (CUP) to issue CUP-branded cards. Other Russian banks, including Alfa Bank, Gazprombank and Bank of Moscow are also preparing... read more

20 Aug 14 @ 15:10

M-Pesa, the African mobile money phenomenon, will see its transaction fees for low-value payments being significantly reduced as its owner, Vodafone subsidiary Safaricom, prepares to fight competition from rival services... read more

20 Aug 14 @ 15:07

PayPal has launched a new mobile ap product, One Touch, for merchants and app developers. One Touch has been built in conjunction with eBay unit Braintree, and is modeled on... read more

20 Aug 14 @ 15:02

E-commerce giant Overstock has announced that bitcoin payments will be available on its international website from 1 September. Patrick Byrne, CEO of Overstock.com, has announced that the company intends to... read more

19 Aug 14 @ 15:53

UK banks are launching a ‘retry’ system that will give customers a second chance to avoid bounced payments and their associated fees. From 1 September, when a customer’s standing order,... read more

19 Aug 14 @ 15:46

Top Image Systems, a provider of enterprise content management and business process management solutions, and a mobile imaging platform provider, has forged a long-term transaction-based deal with Allied Payment Network... read more

19 Aug 14 @ 15:35

mPOS player Square is extending its small business cash advance financing programme after securing investment from Victory Park Capital. The Square Capital programme is aimed at small businesses using its... read more

18 Aug 14 @ 15:39

US consultancy First Annapolis has highlighted how issuers are feeling heightened pressure to migrate card portfolios to EMV as the October 2015 liability shift deadline quickly approaches. After a spate... read more

18 Aug 14 @ 15:34

European mPOS specialist SumUp has closed a double-digit million dollar Series C funding round led by Russian fintech venture capital fund Life.Sreda. Existing investors, including Groupon, BBVA Ventures and various... read more

15 Aug 14 @ 13:34

Barclaycard, which recently laumched ‘bPay’ contactless wristbands, is offering businesses customer behavioural data mined from the wearable devices. Barclaycard will begin a full roll-out of bPay bands next year, allowing... read more

15 Aug 14 @ 13:27

Payment processor Heartland Payment Systems has acquired Leaf, a US-based mPOS start-up. Financial terms of the deal were not disclosed. Heartland initially paid $20 million for a majority stake in... read more

14 Aug 14 @ 14:48

Russia’s Central Bank is preparing to abandon its deadline for Visa and MasterCard to pay transaction security deposits because neither has yet selected a partner to process cards in Russia next year,... read more

14 Aug 14 @ 14:31

More than 575 million US EMV payment cards will be in issue by the end of next year, according to a statement issued jointly from Visa and MasterCard on Wednesday (13/08/2014). That... read more