30 Jan 15 @ 12:35
The ATM market is expected to reach nearly $22 billion by 2020 according to a new report published by Allied Market Research. The report attributes the predicted compound annual growth... read more
30 Jan 15 @ 12:30
Banks across the globe will be making payment technology a key area of focus this year. According to the Ovum ICT Enterprise Insights report, less than a third of the... read more
30 Jan 15 @ 11:47
It is understood that a number of big US banks are steering clear of an advanced security measure used in cards around the world, opting for a system that is... read more
03 Dec 14 @ 12:03
Visa and MasterCard have bowed to pressure from Canadian regulators by agreeing to set a 1.5% cap on interchange rates in Canada for the next five years, a reduction of... read more
03 Dec 14 @ 11:54
Card payments continue to be central to much human activity. However, new technologies, the internet, new legal frameworks, card fraud, and other competing payment services have challenged and transformed the... read more
03 Dec 14 @ 11:48
What will the world of payments look like in 20 years’ time? PCM dusted off its crystal ball to get a glimpse into the future. by Victoria Conroy We are... read more
02 Oct 14 @ 15:43
Barclaycard is to acquire The Logic Group’s UK and Spanish businesses in order to build a global omni-channel, managed payments service and customer loyalty group. The Logic Group is a... read more
02 Oct 14 @ 15:43
Miura Systems, a UK-based manufacturer of secure electronic payment hardware to mPOS payment providers, has launched the M010 chip and PIN card reader. The device incorporates wifi and Bluetooth connectivity... read more
02 Oct 14 @ 15:40
Digital River, a global provider of commerce-as-a-service solutions, has expanded its Brazilian payments offerings through a partnership with EBANX, a cross-border payments processor in Brazil and Latin America. Since 2007,... read more
02 Oct 14 @ 15:39
Ingenico Payment Services has formed an agreement with Yapital, part of the Otto Group, a globally operating retail and services group. This agreement consists of integrating the Yapital solution into... read more
02 Oct 14 @ 15:38
Visa has initiated the roll-out of its tokenisation service to US clients. Visa Token Service replaces sensitive payment account information found on plastic cards with a digital account number or... read more
02 Oct 14 @ 15:36
E-commerce giant Amazon has made its widely anticipated move into the burgeoning mPOS market by launching a dongle and app-based solution with a pricing strategy that undercuts rivals Square and... read more
02 Oct 14 @ 15:35
MasterCard has laid out a six-year timescale for all European merchants to replace their existing POS terminals with contactless-enabled terminals by 2020. MasterCard is planning a two-phase shift to contactless... read more
02 Oct 14 @ 15:25
Global instant issuance specialist Datacard Group has announced that China Everbright Bank, a financial services provider headquartered in Beijing with 807 branches, is implementing Datacard financial instant issuance solutions for... read more
02 Oct 14 @ 15:24
The Association of Regional Development Banks in Indonesia (ASBANDA), and OpenWay, a provider of software solutions for issuing and acquiring, payment processing and switching, are starting the switching project which... read more
02 Oct 14 @ 15:23
Russia’s MDM Bank has partnered with Chinese payment network UnionPay (UP) to issue UP-branded cards. Other Russian banks, including Alfa Bank, Gazprombank and Bank of Moscow are also preparing to... read more
02 Oct 14 @ 15:21
Apple has finally embraced NFC with its inclusion in the iPhone 6 handset. While the rest of the payments industry is wondering what took Apple so long, the move will... read more
02 Oct 14 @ 15:18
Vodafone, in partnership with Visa, is developing a new mobile payments system that will allow users to complete contactless payment via NFC-enabled SIM cards. Vodafone and Visa have previously partnered... read more
02 Oct 14 @ 15:17
Barclaycard and mobile network operator Orange are to close their Quick Tap NFC mobile payment service at the end of October. Quick Tap was launched in 2011 and was one... read more
02 Oct 14 @ 15:15
Mobile commerce will drive an estimated $516 billion in sales over the next three years, accounting for more than 70% of all mobile internet revenue. That is the prediction of... read more
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
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
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