11 Mar 14 @ 09:21

New fronts in the war on cash are being opened up worldwide through a range of innovative services and payments products. Is the dream of a cashless society far-fetched? While we... read more

10 Mar 14 @ 17:04

The UK’s Payments Council is to launch a secure means for consumers to make payments using a mobile number, in a long awaited service backed by the UK’s banks, called... read more

10 Mar 14 @ 13:00

In a stark warning from the PCI Security Standards Council, up to 95% of the world’s ATMs could be left wide open to hackers next month when Microsoft ends tech support... read more

10 Mar 14 @ 12:52

Visa and MasterCard have launched a cross-industry EMV acceptance group to improve security for card transactions and press US retailers and banks to meet a 2015 deadline to adopt technology that would make it safer... read more

07 Mar 14 @ 10:58

Biometric technology is a big talking point at the moment as there is growing consumer dissatisfaction with PINs, passwords and general security around mobile payments. The further down the digital... read more

06 Mar 14 @ 15:33

Payment card fraud in the US is rampant, and it’s adding up to big losses. The US accounted for 51% of global payment card fraud costs in 2013, according to BI... read more

06 Mar 14 @ 15:15

Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed. He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he... read more

05 Mar 14 @ 15:40

The European Banking Authority (EBA) will create a taskforce to advise it on whether virtual currencies like beleaguered Bitcoin, should be regulated. The watchdog said that the taskforce will be... read more

05 Mar 14 @ 15:16

SWIFT has created a financial crime compliance services unit headed up by Luc Meurant. The expanding team is tasked with launching SWIFT’s Know Your Customer (KYC) Registry shared services platform, which... read more

04 Mar 14 @ 15:56

Last year’s Target breach flooded underground markets with millions of stolen credit and debit cards. In the days surrounding the breach disclosure, the cards carried unusually high price tags — in... read more

03 Mar 14 @ 10:41

Safaricom’s push to take its mobile money transfer business global has received another boost with the signing of a deal that will see users of MoneyGram send cash directly to... read more

03 Mar 14 @ 10:28

Visa Europe will cap the transaction fees it charges, the European Commission said on Wednesday, curbing an important money earner for banks behind the payment scheme. Europe’s antitrust regulator accepted on... read more

28 Feb 14 @ 14:01

A new initiative linking MasterCard, OTP Bank and mobile wallet provider Cellum has been launched in Europe. Unveiled at Mobile World Congress in Barcelona, the Cellum-developed OTPay is the first,... read more

28 Feb 14 @ 09:44

Mobile banking, as has been explored many times before, has a huge potential to open up banking services to people across the developing world. This time, however, the focus is... read more

27 Feb 14 @ 12:48

The European Commission and Parliament are contemplating dramatic changes to the European interchange regulation structure and level of card interchange within the European Union.  Although the final form of the regulation... read more

26 Feb 14 @ 10:29

In continuing its quest for acquirers, Zapp, has announces that Elavon has signed up to offer Zapp mobile payments to merchants and consumers from 2014. Elavon will work with Zapp... read more

26 Feb 14 @ 10:18

MasterCard and OTP Bank Hungary announced the introduction of OTPay, the first digital wallet in Europe to leverage the application programming interface (API) of MasterPass. This application is customized to... read more

25 Feb 14 @ 17:11

Mt. Gox, once the world’s biggest bitcoin exchange, went dark on Tuesday, with its website down, its Tokyo office empty, and a cryptic comment from its chief executive that the... read more

25 Feb 14 @ 15:10

Asian telecom operators Chunghwa Telecom (Taiwan), HKT (Hong Kong), KDDI (Japan), and SK Planet (South Korea) are jointly announcing the formation of the Asia NFC Alliance, with the support of... read more

25 Feb 14 @ 15:00

At Mobile World Congress, MasterCard and Syniverse joined forces to deliver enhanced mobile payment security for consumers traveling abroad. By tying their payment card settings to the geolocation of their... read more