13 Feb 13 @ 00:00

SIX Payment Services is taking a stake in UnionPay International Corporation Limited (UPI), which was set up by China UnionPay (CUP) at the end of 2012 with the aim of... read more

12 Feb 13 @ 00:00

After a protracted decline beginning in mid-2009*, weighted average industry loss rates experienced a plateau in the fourth quarter of 2012.  Purchase volumes increased compared to both the prior year... read more

12 Feb 13 @ 00:00

Based on our analysis of recently released data from European central banks, The European Paymentys Cards Yearbook (http://www.paymentcardyearbooks.com) estimates that European card market growth rates continued to rebound in 2012... read more

12 Feb 13 @ 00:00

Thales and Miura Systems have announced an integrated mobile payment solution that enables merchants to adopt mobile point of sale (mPOS)  systems that fully support PIN based transactions, including the... read more

12 Feb 13 @ 00:00

Adyen has announced that zooplus, Europe’s leading online retailer for pet products, has become the latest merchant to switch its online payment processing to Adyen. Increasing sales and continued expansion... read more

11 Feb 13 @ 00:00

In Turkey, the number of online credit card transactions has grown by 34% in 2012, reaching $17.4 billion, recent statistics indicate. According to data released by Turkey’s Interbank Card Center (BKM), 19... read more

11 Feb 13 @ 00:00

The closing of the acquisition by Skrill of paysafecard.com Wertkarten AG, the Austrian prepaid payments business, has been completed. Skrill is majority owned by Investcorp Technology Partners. As the European... read more

06 Feb 13 @ 00:00

Australia’s competition watchdog has sued credit card company Visa for alleged "misuse of market power". It has accused Visa of preventing customers from using a currency of their choice in... read more

06 Feb 13 @ 00:00

Consumers are expected to spend £87 billion online in 2013 – with mobile access to websites continuing to grow. Mobile sales showed a staggering 304% rise in 2012, while smartphone... read more

05 Feb 13 @ 00:00

Visa Europe announced that contactless cards will be rolled out to RBS and NatWest cardholders in the UK. Over 2 million eligible RBS and NatWest customers will receive a contactless... read more

05 Feb 13 @ 00:00

Bank of Ireland has stolen a march on its local and UK counterparts by going live with a new service that lets its banking customers transfer cash in a way... read more

05 Feb 13 @ 00:00

Virgin Holidays, the UK’s market-leading long-haul holiday company, has deployed interactive voice response (IVR) technology from Encoded to offer customers an automated payment option when booking holidays, adding excursions and... read more

05 Feb 13 @ 00:00

The partnership will enable G2 Web Services to integrate Sysnet’s PCI DSS compliance solutions into the full suite of services it currently offers to more than 200 acquiring clients globally... read more

04 Feb 13 @ 00:00

 Visa Inc. announced its support for a common U.S. debit solution and an expansion of Visa’s previously announced roadmap for EMV (Europay MasterCard Visa) chip card adoption in the United States to include a migration... read more

04 Feb 13 @ 00:00

Transaction banking has outperformed investment and commercial banking in terms of revenue growth in the post-financial crisis period. To better position themselves for success, 82% of banks surveyed have reorganized... read more

01 Feb 13 @ 00:00

The Western Union Company announced that it has extended its prepaid receive card program to Costa Rica and Guatemala. The card, launched in El Salvador last year, strategically leverages the... read more

31 Jan 13 @ 00:00

BPC Banking Technologies announces the completion of the processing center implementation for Russia’s Universal Electronic Card (UEC) – one of the key components of the e-government project. As per the... read more

30 Jan 13 @ 00:00

Barclaycard and American Express have announced that they have agreed to expand the scope of their current global relationships with Barclaycard becoming an American Express card issuing partner in the... read more

30 Jan 13 @ 00:00

Are you excited yet? After more than a decade of the Single Euro Payments Area (SEPA) in the making, this most ambitious European Union (EU) integration project in the area... read more

30 Jan 13 @ 00:00

Carlisle & Gallagher Consulting Group a management and technology consulting firm serving the financial services industry, has released its mobile wallet review. CG assessed a representative group of 20 mobile... read more