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Reactions to PSD2 and the proposed regulation of MIFs

26 Jul 13 @ 00:00

The European Commission (EC) published the long awaited proposal for a revised Payment Services Directive (PSD2), and a proposal for the regulation of Multilateral Interchange Fees (MIF), on 24 July... read more

EU proposes cap on card fees

24 Jul 13 @ 01:39

The European Union’s executive body proposed a strict cap on credit and debit card fees on Wednesday, in a move it said could save consumers billions of euros. The proposal,... read more

Bitcoin Ponzi scheme

24 Jul 13 @ 01:38

The Securities and Exchange Commission is suing a Texas man for allegedly running a Ponzi scheme he promoted through a Bitcoin-denominated investment strategy and issued a warning to investors about falling for... read more

Wind and BNL test NFC payments

24 Jul 13 @ 01:36

Wind and BNL BNP Paribas Group, in collaboration with SIA and MasterCard, have started an NFC technology (Near Field Communication), which allows users to make purchases in contactless mode via... read more

First NFC enabled iPhone wallet launches in Europe

23 Jul 13 @ 01:43

Kalixa Group, DeviceFidelity and MasterCard announced the UK launch of the moneto prepaid wallet. The wallet enables near field communications (NFC) functionality on an iPhone, allowing users to tap and pay for goods at thousands of... read more

Cryptomathic enables secure issuing to MasterCard and Visa mobile wallets

22 Jul 13 @ 02:18

Responding to increasing demand for mobile payments, Cryptomathic has upgraded its EMV flagship issuing solution, CardInk, to enable customers to issue payment applications to smartphones and other mobile devices. The... read more

ICICI Bank and Movida partner on mobile payments service in India

22 Jul 13 @ 02:15

Movida, the mobile payments joint venture between Visa Inc. and Monitise announced a deal with ICICI Bank, India’s largest private sector bank, to utilize Movida’s mobile payments service for the... read more

China’s Sina plans to launch online banking services

22 Jul 13 @ 01:49

Sina, the Chinese tech giant behind microblogging platform Sina Weibo, announced that it will roll out an online banking platform in September. According to the Beijing News (h/t via Tech in Asia) the new... read more

U.S. Bank adds Square to its digital wallet options

22 Jul 13 @ 01:46

U.S. Bank announced that it has added Square to its digital wallet options available to customers via their iOS and Android smartphones. The announcement comes during a time when many in... read more

Alaric selected by Heartland Payment Systems for fraud detection

22 Jul 13 @ 01:44

Alaric announced that one of the world’s largest payment processors, Heartland Payment Systems, has selected Alaric’s Fractals fraud prevention and detection product to monitor more than 300 million card transactions that it processes... read more

Government needs to embrace payments technologies

19 Jul 13 @ 02:19

UK citizens are being denied swift access to financial support and emergency payments because the Government has failed to grasp the opportunities now offered through emerging payments technologies from SMEs... read more

Cellum leverages mobile payment success to challenge paypal

16 Jul 13 @ 02:31

Cellum, a developer of mobile payment applications, laid down the gauntlet, announcing that they have achieved a game changing 84% conversion rate- far higher than incumbent solutions.  The company now... read more

Uniqul launch face recognition payment system

16 Jul 13 @ 02:30

“Imagine going in to a kiosk, picking up a newspaper at the cashier, clicking “Ok” on a Uniqul tablet and walking away. Imagine a day at the beach when you... read more

China UnionPay to launch NFC mobile-payment

16 Jul 13 @ 02:28

Chinese bank card network China UnionPay has announced plans to introduce a mobile-payment service using an NFC-enabled Android phone from HTC. The phone, reported by Taiwan’s Central News Agency as the HTC... read more

BANAMEX in Mexico launch mPOS

16 Jul 13 @ 02:27

BANAMEX became the first bank from the American continent to launch iAcepta Móvil Banamex, an application developed by Stratus Technologies Mexico called S-Pay mobile POS, which is compatible with handheld... read more

MCX taps FIS to power mobile commerce network

16 Jul 13 @ 02:25

Merchant Customer Exchange (MCX) says it has selected FIS to provide a suite of services that will help bring its much-anticipated mobile commerce solution to the marketplace. FIS will provide... read more

DBS Partners with ACI Worldwide to deliver Online Banking Platform

16 Jul 13 @ 02:21

ACI Worldwide announced that it has partnered with DBS to deliver an online banking platform to corporates in Asia. DBS selected ACI Universal Online Banker and ACI Global Trade Manager... read more

UK banks unveil Zapp mobile payments system

08 Jul 13 @ 02:38

VocaLink has today unveiled a new mobile payment service backed by the UK’s major high-street lenders, which provides the infrastructure behind Bacs, Direct Debit and Mobile Top-Up. VocaLink, owned by... read more

Australian banks and KPMG develop new Payments Platform

08 Jul 13 @ 02:38

The payments industry has begun a collaborative program to develop new, fast, flexible and data-rich payments infrastructure for Australia.  The program commenced with the first meeting of the New Payments... read more

EE bringing ‘Cash on Tap’ NFC to UK

08 Jul 13 @ 02:36

EE – currently the UK’s only 4G carrier, unveiled that it will be bringing NFC payment capability to its pay monthly customers with a service it’s calling ‘Cash on Tap’.... 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

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

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