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MasterCard to acquire leading Turkish payment provider Provus

10 Oct 13 @ 10:43

MasterCard says it has entered into an agreement to acquire Provus Bilişim Hizmetleri A. Ş. (“Provus”), Turkey’s leading independent payment solution and processing provider. “Today’s announcement represents an exciting new chapter... read more

Cyber security – why mobile transactions pose high risk

10 Oct 13 @ 10:03

As National Cyber Security Awareness Month continues, new data from the Global Trust Intelligence Network (The Network) confirms the growing use of mobile devices for banking and online shopping. Of... read more

Amazon releases login and pay with Amazon to challenge PayPal

10 Oct 13 @ 09:37

Amazon has launched a new service, login and pay with Amazon, allowing user to pay for online goods and services using your pre-registered Amazon account information. Amazon has 215 million active customer accounts. Online retailers... read more

Banks and merchants are struggling to keep pace with Cyber threats

09 Oct 13 @ 10:48

According to a new report released today from financial and technology analyst house, Aite Group – Cyberthreats: Multiplying Like Tribbles, “Cyber threats come in the form of malicious software code, hacking... read more

Elavon launches a complete e-Commerce online payment gateway

09 Oct 13 @ 10:25

Elavon has launched an Online Payment Gateway for small and medium sized businesses in the UK through an agreement with Realex Payments. With streamlined integration to websites and e-Commerce platforms, the... read more

Microsoft forms alliance to promote card-linked offers

08 Oct 13 @ 18:46

Microsoft is launching a limited test of a new Bing Offers feature in the Seattle market that could give it an edge over some of its competitors. In this test... read more

MasterCard study reveals the rapidly growing cashless economies

08 Oct 13 @ 16:45

MasterCard  has identified Belgium, France and Canada are the closest to cashless economies and China and UAE have the fastest trajectory, in a new global report, “The Cashless Journey,” that... read more

Bulgaria roll out commercial mobile payment service – MOBB

08 Oct 13 @ 16:07

Bulgaria has announced the commercial launch and rollout of the mobile payment service MOBB, a service that “makes the card mobile and that will set a technology standard for mobile... read more

Update on U.S. Mobile Payments Landscape Report

08 Oct 13 @ 15:33

The Federal Reserve Bank of Boston in conjunction with the Federal Reserve Bank of Atlanta released the U.S. Mobile Payments Landscape – Two Years Later, which examines changes in the evolution of mobile POS retail payments... read more

Mobile banking real-time P2P mobile payment

08 Oct 13 @ 14:49

Tyfone has integrated Acculynk’s real time P2P mobile payment service, Payzur, into its mobile banking iPhone and Android applications adopted by Boulder Valley Credit Union (BVCU).  With Payzur, BVCU members can... read more

Isis selects Proxama to develop NFC

08 Oct 13 @ 14:40

In a quiet industry move, Isis, the mobile commerce joint venture created by AT&T Mobility, T-Mobile USA and Verizon Wireless have selected Proxama to develop the Isis Mobile Wallet application... read more

Australian banks select FIS to deploy new eftpos payments hub

03 Oct 13 @ 16:13

The most commonly used debit card system in Australia is eftpos and it accounts for roughly 70% of the country’s debit card transactions. FIS’ global EFT switching platform will be... read more

Visa, MasterCard and American Express propose new global standard for online and mobile shopping

03 Oct 13 @ 16:00

According to a recent report from the US Census Bureau, 6% of all retail sales are conducted digitally, up nearly 200% since Q1 2004. Rising to this challenge, Visa, MasterCard and... read more

Brits prefer to in-store shopping

03 Oct 13 @ 15:43

Traditional shopping methods are still winning the hearts, minds and wallets of British consumers according to Payment Generation Gap, a new analysis of British shoppers’ payments habits but shoppers want faster... read more

Mobile payment transactions record 27% growth worldwide in past four months

01 Oct 13 @ 13:11

The most recent findings from its Global Mobile Payments Index covering the period May – August 2013 period, which showed that mobile payment transactions on its platform jumped by 27%... read more

Wirecard selects CorFire for NFC payments

01 Oct 13 @ 11:37

Mobile commerce provider CorFire has announced a collaboration with payments innovators Wirecard to allow near field communications service (NFC) to enable mobile payments across Europe. Under the agreement, Wirecard’s products... read more

Global ATM market grows as demand for cash increases

30 Sep 13 @ 09:41

a new study from London-based strategic research and consulting firm RBR, “Global ATM Market and Forecasts to 2018”, predicts the installed base of ATMs across the world is forecast to grow... read more

Facebook rolls out Autofill mobile payment application

26 Sep 13 @ 09:33

Facebook has rolled out “Autofill With Facebook” feature in partnership with PayPal, Stripe and Braintree to put an end to all typing required while filling in billing details. The social media giant tested this application... read more

UniCredit contracts First Data to for mobile payment

24 Sep 13 @ 14:46

UniCredit has selected First Data Corporation to assist in the execution of its mobile payments strategy. UniCredit’s agreement with First Data will see the bank bring to market a number... read more

Visa and MasterCard cut French card fees

24 Sep 13 @ 14:19

Visa and MasterCard have agreed to cut the fees to process credit card transactions in France by almost half. The French Competition Authority announced the agreement with Visa and MasterCard in the wake 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