09 Nov 15 @ 15:46

Merchants are experiencing an increase in fraud, losing 1.32 percent of revenue to fraud on average compared to 0.68 percent in 2014, according to the annual LexisNexis True Cost of... read more

09 Nov 15 @ 15:43

On 06 October 2015, the European Court of Justice (ECJ) ruled that the Safe Harbour agreement, which allows data to be transferred between the EU and US, was invalid as... read more

09 Nov 15 @ 15:40

On learning that his obituary had been published, Mark Twain telegraphed: “Reports of my death are greatly exaggerated”. The same could be said of the cheque. While cheque usage is... read more

09 Nov 15 @ 14:49

“It takes 20 years to build a reputation and 5 minutes to ruin it.  If you think about that you’ll do things differently,” said US investor Warren Buffet.  We look... read more

02 Oct 15 @ 07:57

Everything changed on 6 August 1991 when the first webpage was launched. Nearly 25 years on, we look at the state of the cyber nation, the battle between cyber attackers... read more

01 Oct 15 @ 08:51

Danish digital currency processor Coinify has acquired Dutch rival Coinzone to create a pan-European provider of payment processing for online merchants and PSPs. The deal will extend Coinify’s merchant base... read more

01 Oct 15 @ 08:50

SIA and JCB International have signed a 5-year agreement for the processing of payment transactions of JCB merchants in Italy through the SIA technology platform. The agreement reached with SIA... read more

01 Oct 15 @ 08:49

Earthport has forged an agreement to enable cross-border services for Japan Post Bank, one of Japan’s largest retail banks. The partnership will enable the bank to provide improved customer experience... read more

01 Oct 15 @ 08:48

Earthport has forged an agreement to enable cross-border services for Japan Post Bank, one of Japan’s largest retail banks. The partnership will enable the bank to provide improved customer experience... read more

01 Oct 15 @ 08:48

Global payment processor Optimal Payments completed its acquisition of the digital payments business Skrill Group in early August for €1.1 billion. The Skrill Group provides digital wallet solutions and online... read more

01 Oct 15 @ 08:44

Bitnet, a digital currency processor, announced that it has teamed up with PAY.ON, a provider of white label global payment gateway solutions. “Our partnership with PAY.ON enables us to achieve... read more

01 Oct 15 @ 08:43

Payment processing service Dwolla has introduced a white label offering, which allows financial institutions to use the service, without the Dwolla brand. Dwolla is also white-labelling an ACH application. “This... read more

01 Oct 15 @ 08:40

Swedish start-up Klarna has launched its online payment service in the US with Overstock.com as its first major retail partner. Klarna’s core proposition is based around after-delivery payment. Shoppers buy... read more

01 Oct 15 @ 08:38

A new data protection law in Russia has thrown thousands of international companies into a legal grey area. Effective 1 September 2015, the new law requires all companies collecting personal... read more

01 Oct 15 @ 08:35

As the US payments industry migrates to EMV to deter counterfeit card fraud, many stakeholders are looking to bring their payment terminals, mobile point- of-sale (mPOS) and kernel products to... read more

01 Oct 15 @ 08:35

The class action against Target brought by several banks over the retailer’s massive data breach in 2013 has been certified by a US judge. District Judge Paul Magnuson said the... read more

01 Oct 15 @ 08:34

Mobile point-of-sale (mPOS) provider SumUp announced a new €10 million cash injection by investors, including BBVA Ventures and Groupon. American Express and other current investors also participated in the funding... read more

01 Oct 15 @ 08:30

Google finally rolled out Android Pay, its one-touch payment app on Android devices, in more than 1 million contactless-enabled merchants in the US on 10 September. Android Pay supports credit... read more

01 Oct 15 @ 08:29

Contactless payments in Europe are growing strongly as consumers and merchants embrace the speed and convenience of EMV contactless technology for low value.  The contactless acceptance infrastructure will now be... read more

01 Oct 15 @ 08:24

As issuers explore when and how to roll out mobile wallets, they should consider certain core accelerators, argues a recent white paper from payment processor, TSYS. These include a well-established... read more