23 Nov 16 @ 13:18

In 2016, total retail e-commerce sales will reach $1.915 trillion, retail sales across the globe will reach $22.049 trillion, up six percent from the previous year. eMarketer estimates sales will... read more

23 Nov 16 @ 11:39

New findings claim that merchant integration of technologies such as AI bots and natural language interfaces will lead to remote goods purchases by mobile totalling $2.1 trillion by 2021. This... read more

28 Sep 16 @ 06:49

ACCENTURE IS STIRRING up a Blockchain storm within the community by patenting a technique for editing information stored using the nascent technology in a move designed to make it more... read more

28 Sep 16 @ 06:17

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 financial... read more

28 Sep 16 @ 06:15

At THE CONNECT Mobile Innovation Summit in Chicago, Walmart Services SVP Daniel Eckert revealed that Walmart Pay, the retailer’s proprietary mobile payment app, already boasts 20 million active users in... read more

27 Sep 16 @ 13:30

When bank-account funded payments, real-time payments, mobile and other digital payments are actually the default way to pay in many countries, the term ‘alternative’ seems a misnomer. We examine current... read more

03 Aug 16 @ 10:00

SANTANDER UK HAS announced that it is experimenting with international Blockchain payments. The lender is allowing transfers of between £10 and £10,000 in any of three currencies (GBP, EUR or... read more

03 Aug 16 @ 09:58

PRIVATE EQUITY FIRMS Advent International, Bain Capital and Clessidra have acquired Setefi Services and Intesa Sanpaolo Card from Intesa Sanpaolo for €1,035 million. Commenting on the announcement, Luca Bassi, managing... read more

03 Aug 16 @ 09:47

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 while the... read more

03 Aug 16 @ 07:28

THE EUROPEAN COMMISSION is proposing to expand its anti-money-laundering rules to cover virtual currencies and prepaid cards, in a bid to fight terror financing and tax evasion as revealed in... read more

03 Aug 16 @ 07:24

MASTERCARD IS FACING a multi-billion pound damages claim for imposing interchange fees that were ultimately borne by UK consumers. The claim, which could reach £19 billion, would be the biggest... read more

03 Aug 16 @ 07:24

WAL-MART IS SUING Visa Inc for the right to choose how customers verify debit card purchases in store, according to Wall Street Journal reports. In the lawsuit, Wal-Mart claims that... read more

25 May 16 @ 08:16

DESPITE THE RETAIL industry’s ambition to move to an omni-channel payments strategy, only a minority of retailers have completed an omni-channel payments programme, according to a survey of nearly 100... read more

05 Apr 16 @ 15:41

LINK figures reveal that cash withdrawals from LINK ATMs in 2015 amounted to a record £128 billion – made over two billion visits to the UK’s 70,270 LINK-connected ATMs. The total number of cash... read more

02 Feb 16 @ 10:10

MasterCard and Visa account for 69 percent of the 2.9 billion payment cards issued in the Americas, and this share continues to rise at the expense of private label cards,... read more

01 Feb 16 @ 15:52

Microsoft unveiled a plan in mid-November 2015 to keep customer data beyond the reach of US authorities. The US technology giant has developed a ‘trustee’ model with German telecoms provider... read more

09 Nov 15 @ 15:51

Cybercrime is becoming more aggressive and confrontational, according to the 2015 Internet Organised Crime Threat Assessment (IOCTA) report published by Europol. It is moving from theft of data and credentials... read more

09 Nov 15 @ 14:58

Following the announcement by more than 20 of the world’s largest banks that they are collaborating to develop common standards for Blockchain technology, PCM examines the implications of a decentralised,... read more

01 Oct 15 @ 08:44

Moldindconbank in Moldova, working in partnership with payment processor OpenWay, is now enabling money transfers via ATMs, where the beneficiary does not need a card to receive funds. The new... read more

01 Oct 15 @ 08:42

Bookmaker William Hill has launched a re-loadable prepaid card, which allows customers to access their winnings immediately after bets are settled. The Priority Access card, co-branded with MasterCard, solves the... read more