30 Jan 14 @ 00:42
A research paper written by Professor Steve Worthington, of the Department of Marketing at Monash University, has studied the impact of regulatory interventions in the Australian payment card market, over a... read more
30 Jan 14 @ 00:42
The Financial Study Association of Amsterdam, the largest of its kind in the Netherlands, has identified Singapore and Malaysia as ideal testing grounds for merchants who want to expand their... read more
30 Jan 14 @ 00:41
Research from London-based strategic research and consulting firm Retail Banking Research (RBR) shows that there were 54 million EFTPOS terminals installed across 35 million merchant outlets at the end of... read more
30 Jan 14 @ 00:40
New research from consultancy Celent shows that EMV migration in the US has been painfully slow so far. According to Celent, fraud migrates to the weakest link in the system,... read more
30 Jan 14 @ 00:37
The enduring popularity of ‘Cyber Monday’ in the US – the day when pre-Christmas online shopping is at its busiest – saw sales of $1.7 billion on 2 December 2013,... read more
30 Jan 14 @ 00:36
Five major UK financial institutions have joined the Zapp mobile payments scheme, enabling customers to make in-store and online purchases from within their banking apps. HSBC, first direct, Nationwide, Santander... read more
30 Jan 14 @ 00:35
The FBI has been given the green light to liquidate up to $28 million worth of bitcoins seized during the shutdown of the ‘dark web’ marketplace Silk Road. Preet Bharara,... read more
30 Jan 14 @ 00:34
Although we have not yet seen the FCA issue a fine to an individual directly as a result of an incorrect attestation, a recent case from October 2013 demonstrated the... read more
30 Jan 14 @ 00:33
Just as bitcoin appears to be taking off with users, regulators around the world are cracking down on the digital currency. In December 2013, the People’s Bank of China (PBoC)... read more
30 Jan 14 @ 00:31
PCM in partnership with Edgar, Dunn & Co. and American Express unveil the findings of the latest Advanced Payments Survey by Victoria Conroy The annual Advanced Payments Survey, which this... read more
30 Jan 14 @ 00:20
New fronts in the war on cash are being opened up worldwide through a range of innovative services and payments products. Is the dream of a cashless society far-fetched? While... read more
29 Jan 14 @ 23:53
How are proliferating numbers of ATMs worldwide impacting usage and volumes of cash? A September 2013 report from Retail Banking Research (RBR) details how rising numbers of ATMs worldwide are having a direct impact on demand for cash. RBR found that the installed base of ATMs across the world is forecast to grow by 44% between 2012 and 2018, taking the number of ATMs worldwide to 3.7 million by 2018. Correspondingly, global cash withdrawal volumes are predicted to increase by 65% over the forecast period, compared to growth of 44% in the number of ATMs.
14 Nov 13 @ 11:11
MasterCard has unveiled a new global report, “The Cashless Journey,” that tracks how 33 major economies are progressing from cash-based to cashless societies. The report, produced by MasterCard Advisors, identifies... read more
14 Nov 13 @ 11:10
The installed base of ATMs across the world is forecast to grow by 44% between 2012 and 2018, according to a new study from strategic research and consulting firm Retail... read more
14 Nov 13 @ 11:09
According to a new survey conducted by web and mobile payments specialist Jumio and polling firm Harris Interactive, 79% of UK consumers have indicated that they are concerned about online... read more
14 Nov 13 @ 11:03
There has been much made of Europe securing a third scheme for processing card transactions and creating a viable competitor to break the duopoly of Visa and MasterCard. However, despite... read more
14 Nov 13 @ 11:03
Merchant acquiring executives often talk of commoditisation and price compression affecting their industry. A new report from payment consultancy Aite Group has found that few acquirers have the scale and... read more
14 Nov 13 @ 11:02
Mobile technology is permanently changing consumer spending habits, disrupting previously-exclusive relationships between banks and their customers worldwide. If banks and financial institutions are to advance their commercial interests and remain... read more
14 Nov 13 @ 11:01
Payment Generation Gap, a new analysis of UK consumers’ payments habits carried out by Kalixa Group, a next-generation payments company, reveals that UK consumers of all ages still prefer to... read more
14 Nov 13 @ 00:14
The rapid growth of the mPOS sector worldwide is making a profound impact on the wider industry, with banks, vendors and non-bank players all fighting for a piece of the... 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