13 Aug 14 @ 14:57

In a widely anticipated move, Amazon.com has unveiled a $10 mobile point of sale device (mPOS) and mobile app for brick-and-mortar businesses, marking the latest step by the US online... read more

13 Aug 14 @ 12:20

ACI Worldwide announced that it has completed the acquisition of Retail Decisions (ReD), a leader in fraud prevention solutions.  Under the terms of the agreement, ACI Worldwide acquired ReD for... read more

12 Aug 14 @ 16:19

SPECTRA Technologies has achieved the approval of the highest level of security requirement, PCI PIN Transaction Security (PTS) 4.0., in its payment terminal CREON. SPECTRA has become the world’s second vendor (first... read more

12 Aug 14 @ 15:55

First Data has acquired Gyft, a platform offering a mobile app that allows consumers to organize, shop for, and send gift cards to others. Gyft’s service has expanded from a... read more

12 Aug 14 @ 12:31

A growing number of merchants want more from their point of sale (POS) systems than basic payment processing. Instead of just a terminal, today’s POS is packed with software applications... read more

11 Aug 14 @ 12:13

The cost of cyber crime to the UK economy amounted to $11.4 billion (£6.8 billion) in 2013, or 0.16% of the country’s GDP, a report from the Centre for Strategic... read more

11 Aug 14 @ 12:04

At 93% of total US retail dollar volume, the point of sale (POS) retail market towers above the online market and will continue to do so for years to come.... read more

11 Aug 14 @ 11:53

Mobile proximity payments have to date proven lacklustre and despite hundreds of millions spent on developing these platforms, consumer take-up remains low. While the reasons for this are many, the... read more

08 Aug 14 @ 14:14

The message for Android is increasingly bleak in the context of security. After Android malware hits South Korean mobile banking customers and Android cyberattacks on 34 European banks it now... read more

08 Aug 14 @ 13:53

Barclays has launched new functionality allowing mobile payments to India through its Pingit mobile payments service in the UK, opening it up to the largest remittance market between the UK and another... read more

08 Aug 14 @ 13:44

SecureNet unveiled plans to launch an innovative global infrastructure built around its cloud-based PayOS platform, which will allow for fully integrated international payment processing. Merchants of all sizes will be... read more

07 Aug 14 @ 15:27

A leading digital identity expert has revealed the results of its new research The Rise of the Identity Centric Economy which found that 53% of UK consumers would never use... read more

07 Aug 14 @ 12:19

The Mobile Payments & Fraud Survey: 2014 Report is the second annual installment of this study highlighting the growth, opportunity, obstacles, preferences and priorities identified by Merchants, Service Providers, Acquirers, Card Associations and Issuers operating in the mobile channel. This year’s Mobile Payments & Fraud Survey builds on the success of last year’s inaugural version by showing new trends and findings, while also providing a longitudinal perspective on how mobile has changed in only 12 months.

07 Aug 14 @ 11:36

Rocket Internet, a German company that incubates technology startups, has announced that Philippine Long Distance Telephone Co. will buy a 10% stake in the company for €333 million ($446 million).... read more

06 Aug 14 @ 15:03

The Milestones Report released today by the Australian Payments Clearing Association, the payments industry self-regulatory body, shows that as with cheques, Australian consumers are increasingly giving up cash in favour... read more

06 Aug 14 @ 14:43

More than 1 million people have registered for a new mobile payment service which has the potential to eventually link up every current account in the country with a phone... read more

06 Aug 14 @ 14:37

The government is to explore the role that digital currencies such as Bitcoin could play in the financial system and whether they need to be regulated. Chancellor George Osborne will... read more

05 Aug 14 @ 15:29

As reported late July, London Underground, DLR and Overground trains are to accept contactless payments. From 16 September, customers will be able to tap their contactless debit card to pay... read more

05 Aug 14 @ 14:40

In another bout of analyst fuelled prospecting, Apple and Visa are now deepening their relationship – Pacific Crest analysts issued a report in which they declare that “we think a partnership between Apple and Visa would... read more

05 Aug 14 @ 11:23

Westpac New Zealand will release the world’s first banking app for account management using augmented reality. Customers will soon be able to use augmented reality and its 3D imagery to... read more