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RBK Money gets Payments Services Authorisation in the UK

18 Dec 13 @ 10:04

RBK Money, an online payments provider in Russia, has been granted the status of an Authorized Payment Institution by Financial Conduct Authority (FCA) in the UK for the provision of... read more

Datacard Group announces agreement to acquire Entrust

17 Dec 13 @ 17:01

Datacard Group has entered into an agreement to acquire Entrust, a leader in securing digital identities and information and a Thoma Bravo LLC portfolio company. The acquisition builds on the... read more

Amazon rumoured to buy mobile payments startup Gopago

17 Dec 13 @ 16:42

It is rumoured that Amazon may have made another acquisition, and another move to expand its role in the world of mobile payments. Italian newspapers are reporting that the e-commerce giant has acquired Gopago,... read more

Bitcoins not a currency says Norway

17 Dec 13 @ 09:25

It has been another topsy turvy week for Bitcoin as Norway, the government of Scandinavia’s richest nation, confirmed the virtual currency doesn’t qualify as real money. “Bitcoins don’t fall under... read more

European Parliament votes in favour of basic bank account as legal right

13 Dec 13 @ 14:12

The European Parliament voted today[1] to give the right of access to a basic bank account at little or no cost to up to 30 million EU residents who want... read more

Chinese central bank drafts mobile payment rules

13 Dec 13 @ 13:59

The People’s Bank of China (PBOC) is drafting new mobile payment rules to regulate mobile payments, the Xinhua-run Economic Information Daily reported Wednesday. Fan Shuangwen, deputy head of PBOC’s department of... read more

Commonwealth Bank accelerate mobile payments adoption

13 Dec 13 @ 12:47

MasterCard says it will enable Commonwealth Bank of Australia MasterCard cardholders to securely load and store payment account credentials on select flagship NFC-enabled Samsung devices, enabling fast and secure contactless payments accelerating mobile payments... read more

Wells Fargo joins Isis mobile wallet

13 Dec 13 @ 11:34

Wells Fargo is to allow customers to load their credit cards on to the telco-backed Isis mobile wallet in the first phase of a pilot test of the technology, which... read more

Consumers beware: five ways your identity can be stolen

13 Dec 13 @ 11:23

Jumio has revealed the top five ways that identity thieves and fraudsters target victims, in conjunction with the release of a new report entitled The Fraudsters Playbook. The Playbook includes... read more

LifeLock to purchase mobile wallet provider Lemon

13 Dec 13 @ 10:28

LifeLock, an identity-theft firm, is to grow its mobile presence with the acquisition of mobile wallet start-up Lemon for an initial consideration of $42.6 million. In conjunction with the all-cash... read more

EU promise of transparent and competitive payment system under threat

13 Dec 13 @ 09:00

In an unsurprising reaction, the draft European Parliament report on the proposed Regulation on banking interchange fees (MIF) would water down the Commission proposal so that the majority of the... read more

East African economies launch cross-border payments system

12 Dec 13 @ 11:25

In its strongest attempt to date to bolster intra-regional trade, East Africa’s biggest economies have launched an integrated real-time cross-border payments system designed to remove bottlenecks to business, Kenya’s central bank... read more

Worldline and ReD offer integrated payments and fraud solution

12 Dec 13 @ 11:14

ReD and Worldline, Atos subsidiary for e-payment services, have announced a partnership to enrich Worldline’s payments and fraud solution. Through the partnership, Worldline will strengthen its current fraud management and scoring... read more

US EMV migration: The Importance of 3D Secure

11 Dec 13 @ 16:46

A new white paper has been announced titled “EMV is Not Enough: Considerations for Implementing 3D Secure.” The paper considers the impending US EMV migration to Europay, MasterCard and Visa... read more

RBC launch Facebook P2P money transfers

11 Dec 13 @ 16:19

In continuing its mission to be North Americas most innovative bank, RBC today marked a North American first by announcing Facebook P2P money transfers for customers to send money to... read more

1O1O launch new mPOS solution in Hong Kong

11 Dec 13 @ 12:50

Global Payments Asia-Pacific and 1O1O, a leading mobile operator in Hong Kong, have announced the launch of a mobile point-of-sale (mPOS solution) terminal. Compatible with both iOS and Android devices... read more

ExxonMobil join MCX

10 Dec 13 @ 11:37

The Merchant Customer Exchange (MCX) has announced that ExxonMobil, Giant Eagle, Kum & Go convenience stores and Rite Aid Corp. are among the growing number of merchants to become MCX... read more

Advanced Payments Survey

09 Dec 13 @ 10:41

Edgar, Dunn & Company, the global payments consulting firm, has partnered with award-winning publishers Mobile Payments World and Payments Cards & Mobile to conduct their Annual Advanced Payments Survey. Over the... read more

China bans Bitcoin

06 Dec 13 @ 11:09

China’s central bank has taken the decision to bar financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency after an 89-fold jump in its value sparked a... read more

£11.4 Billion to be withdrawn from UK ATMs

05 Dec 13 @ 17:12

Sainsbury’s Bank estimates that approximately £11.4 billion will be withdrawn from UK ATMs this December, equating to over £367 million per day. The supermarket bank says it expects the number of... read more

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Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

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

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

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

UK Banks complete first live transactions using Tokenised Deposits

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