30 Jun 14 @ 10:42

Android malware, a malicious software that can imitate legitimate online banking applications is hitting customers in South Korea, with thousands of devices infected in the last week, according to a... read more

30 Jun 14 @ 10:35

Since the beginning of 2014, some of the UK’s main high street banks have reported losses of over £21 million from vishing attacks, where consumers are tricked into handing over... read more

30 Jun 14 @ 10:28

Russian Standard Bank, Samsung Electronics and MasterCard have announced the commercial launch of a contactless payment service on some flagship NFC-enabled Samsung devices.  For MasterCard and Samsung, the Russian launch... read more

26 Jun 14 @ 17:09

US payments provider Stripe announced a deal with industry giant Alipay that will enable merchants in the UK and Europe to accept payments from Chinese consumers. The US firm hopes... read more

26 Jun 14 @ 16:47

New York’s financial sector is helping it outstrip Silicon Valley in terms of fintech start-up investment, according to a new report by Accenture and the Partnership Fund for New York... read more

26 Jun 14 @ 09:37

2014 Debit Issuer Study reveals increased usage, a renewed focus on fraud prevention and EMV issuance, and a resurgence of debit rewards linking merchant offers. Financial institutions weathered the Target... read more

25 Jun 14 @ 12:19

A global fraud study of more than 6,100 consumers across 20 countries revealed that one in four consumers is a victim of card fraud in the last five years. The... read more

24 Jun 14 @ 13:09

In a sensible move, Russia has moved to prevent MasterCard and Visa quitting Russia by pledging to reduce the size of the deposit required for them to operate in the... read more

24 Jun 14 @ 11:57

A new survey shows that the majority of high value retailers in Europe believe that draft EU rules to cap interchange fees for electronic payments should only go ahead if... read more

24 Jun 14 @ 10:40

A report from Retail Banking Research (RBR) details how rising numbers of ATMs worldwide are having a direct impact on demand for cash. RBR found that the installed base of... read more

24 Jun 14 @ 10:27

TSYS CEO Phil Tomlinson has announced that he has decided to retire as chief executive officer, and that Troy Woods has been elected by the TSYS board of directors as president... read more

23 Jun 14 @ 10:40

MasterCard and Sacombank have announced a partnership to equip small merchants at the iconic Ben Thanh market in Vietnam with mobile Point of Sale (mPOS) terminals, enabling consumers to make card payments for... read more

23 Jun 14 @ 09:55

Following the recent publication of the Consult Hyperion/GSMA discussion paper ‘HCE and SIM Secure Element: It’s Not Black and White’, SIMalliance has highlighted that future growth of the NFC ecosystem... read more

20 Jun 14 @ 10:44

AT&T has announced its selection of CorFire, the mobile commerce business of SK C&C USA, to provide SP TSM and supporting mobile applications for AT&T’s NFC services to be marketed... read more

20 Jun 14 @ 10:15

Gemalto has announced that the United States Court of Appeals for the Federal Circuit did not support Gemalto’s proposed claim construction for its patent infringement lawsuit over Android. Patents involved... read more

19 Jun 14 @ 13:50

Banco de Crédito e Inversiones’ (BCI) payment hub has gone live based on Clear2Pay’s Open Payment Framework. The first phase, which focuses on domestic payments, has successfully delivered a unified... read more

18 Jun 14 @ 14:13

Believing they will fare better independently, some large US retailers have withdrawn from a proposed $7.2 billion credit card fee settlement class-action over a reported conspiracy to inflate credit card fees.... read more

18 Jun 14 @ 13:59

Card networks are taking aggressive action not to lag behind the expected replacement of plastic products with new digital payment methods. For example, Discover Financial Services has signed onto the... read more

18 Jun 14 @ 09:30

National card and national payment schemes have reason to be optimistic about their future, in spite of increasing globalisation, according to comprehensive new research into the sector. National Payments Schemes:... read more

17 Jun 14 @ 13:02

An Android mobile banking Trojan program originally designed to steal mobile banking credentials from Russian users has been found in the wild and has been retrofitted with ransomware functionality to... read more