01 Oct 15 @ 08:23
First Internet Bank announced it is one of the first financial institutions to offer Eyeprint ID authentication technology in its personal mobile banking application. This biometric technology allows customers to... read more
01 Oct 15 @ 08:23
Following a string of revenue warnings, mobile group Monitise reported an increase in losses for the financial year to June 2015 and the departure of its chief executive. Pre-tax losses... read more
01 Oct 15 @ 08:22
The four leading Luxembourg retail banks and Digicash Payments have launched a P2P payments feature called Digicash TRANSFER. Users can send up to €10,000 to a recipient’s mobile phone number,... read more
01 Oct 15 @ 08:20
CurrentC, the mobile payment platform backed by some of the largest names in US retail, may not be live across the country until 2016, according to Brian Moody, Merchant Customer... read more
01 Oct 15 @ 08:19
M-commerce as a share of e-commerce is growing. Research by marketing agency, Criteo, suggests that around a third of all e-commerce transactions globally originate from a mobile device. Mobile share... read more
01 Oct 15 @ 08:17
Global Platform, the association which standardises the management of applications on secure chip technology, has published specifications to assist the provisioning of mobile NFC services. The system protocol discovery mechanism... read more
01 Oct 15 @ 08:16
The card acquiring industry is undergoing huge changes on its way to reposition for the digital age. Banks, PSPs and monoline acquirers are working on their modern acquiring strategies to... read more
01 Oct 15 @ 08:15
A decade ago, debit cards had just overtaken credit cards as American consumers’ most commonly used payment method. Now, there are almost twice the number of debit card transactions in the... read more
01 Oct 15 @ 08:12
18 percent of the 720 million Visa-branded credit, debit, and prepaid cards in the US contained an EMV chip as of July 2015, according to new Visa Inc figures, released... read more
01 Oct 15 @ 08:11
Real-time cross-border payments, indeed real-time banking, may soon become a reality, following the efforts of a new payments industry group. The ISO Real-Time Payments Group (RTPG) published its first draft... read more
01 Oct 15 @ 08:08
Various social media platforms have recently announced plans to allow trading on their sites via ‘buy buttons’. We examine the implications for merchants and acquirers. by Joyrene Thomas In the... read more
01 Oct 15 @ 08:05
The World Giving Index 2014 considers the scope and nature of giving in around 160 countries on 3 metrics: donating money to charity, volunteering time to an organisation and helping... read more
01 Oct 15 @ 08:02
There will always be a place for charity collection boxes at check-out and tin-shakers in the street. But how is card payment technology helping to change charitable giving? And what... read more
01 Oct 15 @ 07:47
Fraud losses are at record levels worldwide. Card fraud worldwide grew 19 percent last year compared to card sales which grew only 15 percent, according to figures released by the... read more
01 Oct 15 @ 07:45
Debit card payment in the Netherlands increased by 9.5 percent last year, according to Dutch Payment Association annual report. The rate of growth continues its upward trajectory, largely at the... read more
01 Oct 15 @ 07:43
The Payment Card Industry Security Standards Council (PCI SCC) has made it easier for acquirers, merchants and vendors to protect sensitive cardholder data. The publication of new solution requirements and... read more
01 Oct 15 @ 07:42
A global study of more than 300 banking, technology and consultancy professionals worldwide shows how the rise of mobile and disruptive technologies is changing the face of payments. A year ago,... read more
01 Oct 15 @ 07:38
New research by RBR shows that the number of payment cards in circulation worldwide increased by 11 percent in 2014 to reach 12 billion, largely driven by strong growth in... read more
01 Oct 15 @ 07:36
A US judge has rejected a proposed class-action settlement between American Express and merchants who sued the company over card fees, ruling that a lawyer acting for the merchants compromised... read more
01 Oct 15 @ 07:35
POS installations worldwide will grow from 13 million units today to 54 million units in 2019, according to research from 451 Research. Factors including enterprise deployments, expansion into new industry... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... 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
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more