31 Aug 16 @ 13:02

The rise of third-party m-payments in China at the expense of credit and debit cards is threatening commercial banks’ access to the customer data viewed as crucial to newly emerging... read more

30 Aug 16 @ 13:23

Having kept their distance from bitcoin, fearing the risks of fraud and criminality, big banks now see huge potential benefits from harnessing the blockchain to make the existing financial system... read more

08 Aug 16 @ 10:06

Researchers speaking at the Black Hat conference in Las Vegas demonstrated how the Chip and PIN system has been exploited to make a cash machine give out money. Small modifications to equipment... read more

03 Aug 16 @ 10:46

JPMorgan Chase has agreed to pay a total of $446,822 to thousands of ex-prisoners to settle a class-action suit claiming the bank ripped them off with fees associated to their post release, jail... read more

19 Jul 16 @ 11:52

Visa says that Visa debit and credit cardholders from French banks Banque Populaire et Caisse d’Epargne (BPCE group) now have access to Apple Pay which launches today. Apple Pay can be used at any... read more

14 Jul 16 @ 14:33

We seem to be in the midst of a Blockchain hype cycle. Distributed ledger technology is being touted as the solution for tracking assets, executing contracts and modernising payment infrastructure.... read more

14 Jul 16 @ 14:26

Absa Bank, the South African subsidiary of Barclays Africa Group, has joined the R3 blockchain consortium representing over fifty major corporations from around the world. Absa will also be working towards developing a... read more

11 Jul 16 @ 13:01

New data has found that spend on digital retail marketing is set to increase from $174 billion in 2015, to $362.1 billion by 2020. The research found that whilst the digital... read more

11 Jul 16 @ 12:18

Research from Pay by Bank app, has found 39% of London Underground passengers are shopping daily on the Tube (see infographic) – commuter commerce. This equates to 1.5 million Londoners... read more

07 Jul 16 @ 12:48

Walmart announced that Walmart Pay is now available in the more than 4,600 Walmart stores nationwide. Available through the Walmart app, Walmart Pay works with any iOS or Android device,... read more

06 Jul 16 @ 16:38

In an ill advised move, the European Commission is proposing expanding its anti-money-laundering rules to cover virtual currencies and prepaid cards, in a bid to fight terror financing and tax evasion... read more

06 Jul 16 @ 15:30

Following the news that a group of Chinese FI’s had grouped together to form an blockchain consortium, a group of Russian banks and financial services companies has formed a private-sector consortium focused... read more

30 Jun 16 @ 08:53

Wirecard has reached a definitive agreement to acquire Citi Prepaid Card Services. Citi Prepaid card services have launched over 2,500 client programs, associated with top companies and brands across the... read more

29 Jun 16 @ 18:00

Chinese financial services firm Ping An Bank and a subsidiary of QQ instant message app maker Tencent are among more than 30 technology and financial firms in China that have... read more

28 Jun 16 @ 16:48

Kroger is to join Wal-Mart and sue Visa over debit-card PIN transactions, saying the payment network has levied fines against it and threatened to raise fees and cut off its acceptance of... read more

27 Jun 16 @ 10:24

Euroclear and itBit, a financial services company delivering blockchain services for capital markets, announced their collaboration to explore opportunities in creating a next generation settlement service for the London gold... read more

17 Jun 16 @ 10:01

The Bank of Canada has revealed it is studying the technology underlying the digital currency bitcoin, conducting one of the first known tests by a major central bank about how it... read more

14 Jun 16 @ 13:36

Apple’s mobile payment service is now available on websites, though only through Safari browsers, shutting out Chrome and others possibly limiting Apple Pay’s adoption by online retailers. Safari commanded 13% of... read more

10 Jun 16 @ 11:06

Miura Systems has released a new report which stresses the importance of mPOS and retail mobilization for the improving customer experience and ultimately growing sales in-store. This is an independent... read more

09 Jun 16 @ 13:59

A study among UK companies reveals that many of them are building a reserve in various crypto currencies, such as Bitcoin, in order to pay off criminals in case of cyber... read more