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Global Non-Cash Payments Expected to Top 333 Billion – World Payments Report 2013

16 Sep 13 @ 17:30

Global non-cash payments volumes are expected to top 333 billion transactions in 2012 after transactions grew by 8.8% in 2011, according to the latest available data from the World Payments... read more

NSA spied on Visa and SWIFT transactions

16 Sep 13 @ 16:56

The NSA has been widely monitoring international banking and credit card transactions, a new report says referencing Edward Snowden’s leak. The agency targeted Visa customers and global financial service SWIFT... read more

Visa Europe selects SunTec’s advanced revenue management and billing solution

16 Sep 13 @ 15:56

SunTec announced today that Visa Europe will deploy its new Xelerate Card Services suite. Visa Europe, a payments technology business owned and operated by member banks and other payment service... read more

Barclays makes big mobile payment push

16 Sep 13 @ 11:58

Barclays has launched two new features within its mobile app, Barclays Pingit; ‘mobile checkout’, a payment feature for quick and easy purchases from a mobile web or app checkout page;... read more

MTN initiative reaches million-customer milestone

16 Sep 13 @ 11:38

Mobile Money, a mobile banking initiative by mobile operator MTN that uses Pick n Pay and Boxer stores as branches, has reached a million customers and processed more than R1... read more

BNZ goes mobile with Mint Wireless

16 Sep 13 @ 11:06

Australian-listed mobile payments and transactions processing company, Mint Wireless, has sealed a deal to deliver its PayClip mobile payments solution to the Bank of New Zealand. Under the agreement with... read more

Estimote iBeacon shopping

16 Sep 13 @ 10:52

Estimote has been showing off its Beacon technology, which allows retailers to communicate and interact with customers in-store. Apple, as part of the iOS 7 launch, unveiled iBeacon, enabling Bluetooth-enabled... read more

Zapp and WorldPay to fight fraud and check out abandonment

16 Sep 13 @ 10:34

Zapp and WorldPay announced a strategic partnership that will plan to make Zapp’s mobile payment solution available to WorldPay’s thousands of merchants. Getting more customers through the checkout process securely... read more

Nigerian government disburses funds via Mobile Money

16 Sep 13 @ 10:20

Ecobank Nigeria and the Ekiti State government have commenced the disbursement of funds to over 2,250 residents earmarked in the State as the first set of beneficiaries of the Federal... read more

Yalamanchili launches white label mobile wallet

16 Sep 13 @ 10:08

Yalamanchili, has launched a white label mobile wallet application for global banking and financial institutions operating on its next generation payments platform. The wallet provides clients with a fully customisable... read more

PayPal launch Beacon

11 Sep 13 @ 12:49

PayPal announced PayPal Beacon, a low-powered Bluetooth device that will allow consumers to automatically check-in at local stores. The company descibes it as a “complete hands free experience” that will... read more

Octopus to offer mobile NFC

11 Sep 13 @ 12:14

Making purchases with a smartphone is gaining a foothold in Hong Kong, and it has changed the habits of Sunny Cheung Yiu-tong, a die-hard fan of smart cards. Octopus Cards,... read more

BancTec France awarded payment contracts

11 Sep 13 @ 11:54

The Tribunal de Bobigny has awarded BancTec, a global leader in document management solutions and outsourcing services, the payment contracts and associated assets of Safig, a leading French document processing... read more

Federal Reserve Banks move to improve U.S. payment system

11 Sep 13 @ 10:52

The Federal Reserve Banks today announced the publication of their “Payment System Improvement – Public Consultation Paper” and an opportunity to provide input on the information, ideas and concepts in the... read more

Rotten Core – The Future of Banking

11 Sep 13 @ 10:40

Deutsche Bank has released its Retail Bank Strategy report entitled “The Future of Banking”. In the report, its states that the acceleration of change will lead to a big increase in bank... read more

Apple add fingerprint reader to iPhone 5s

11 Sep 13 @ 09:30

Apple has built a fingerprint reader into its new flagship smartphone, the iPhone 5s, calling the technology Touch ID. There are a few different fingerprint-sensor technologies out there, with optical and capacitance readers... read more

Datacard instant issuance implementation with Ecobank in Africa

10 Sep 13 @ 09:00

Datacard Group has announced that Ecobank Transnational Inc., a financial services provider with operations in over 30 African countries, is enhancing their customer service levels by implementing Datacard financial instant... read more

JCB extends international issuing capabilities

10 Sep 13 @ 08:50

JCB International (JCBI) and Caixa Economica Federal (CAIXA), the largest public sector bank in Latin America, announce the signing of an agreement for the issuing of JCB cards in Brazil... read more

PayPal launch new app

06 Sep 13 @ 12:41

After discussing its vision of a digital payments future over the past few years, PayPal is finally making it a reality today with the launch of its new iPhone and Android apps. The apps (free... read more

U.S. Credit Card Issuers performance snapshot: Q2

06 Sep 13 @ 12:10

The trends for the second quarter of 2013 are consistent with the first quarter of the year.  The nation’s largest credit card issuers reported strong profits despite relatively stagnant quarter-over-quarter... 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