Showing results for 'American express' in all areas
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MASTERCARD, AMEX AND WORLDPAY JOIN INAUGURAL CYBER WAR GAME

27 Nov 18 @ 11:21

Mastercard, WorldPay and AmEx were among the payment processors who took part in a ‘cyber war game’, in a bid to test their systems amid rising IT security threats. The... read more

Cards remain king as mobile payments fail to hit the big time

21 Nov 18 @ 17:33

Mobile payments hit the mass market in 2014 with the introduction of Apple Pay and was hailed as the next revolution in payments. Partnerships with major payment providers such as... read more

Mastercard, AmEx and Worldpay join inaugural Cyber War Game

11 Oct 18 @ 13:54

Mastercard, WorldPay and AmEx were among the payment processors who took part in a ‘cyber war game’, in a bid to test their systems amid rising IT security threats. The... read more

Are you being tracked: Behavioural biometrics being implemented by banks to reduce fraud

20 Aug 18 @ 09:32

When you’re browsing a website and the mouse cursor disappears, it might be a computer glitch — or it might be a deliberate behavioural biometrics test to find out who... read more

SUPREME COURT BACKS AMEX IN MAJORITY RULING

09 Aug 18 @ 14:39

Amex has won an eight-year antitrust lawsuit over interchange fees. The Supreme Court ruling at the end of June found that the card company’s ‘anti-steering’ rules did not violate federal... read more

Microsoft Pay enhanced with Masterpass connection for online payments

07 Aug 18 @ 14:52

Microsoft has announced in a blog that Microsoft Pay is now integrated with Mastercard’s Masterpass service, allowing you to connect your accounts to streamline online payments. In bringing the two together,... read more

Credit card interchange fees backlash grows as US heavy weigh expands Visa ban

07 Aug 18 @ 12:53

US mega merchant Kroger Co. is considering expanding a ban on Visa credit cards imposed by one of its subsidiaries, in the latest signal that retailers are preparing a fresh battle over... read more

MAJOR CARD SCHEMES SET FOR SIMPLER E-COMMERCE

01 Jun 18 @ 09:58

The major payment networks Visa, Mastercard and American Express say they are preparing for a better online payments experience by backing the EMVCo Secure Remote Commerce specification (SRC). The specification,... read more

PayPal acquires iZettle for $2.2 billion

18 May 18 @ 08:49

PayPal is reported to be acquiring mPOS specialist iZettle for $2.2bn. PayPal is paying double the amount that iZettle, which is focused on Europe and Latin America, was targeting in its IPO,... read more

Major card schemes set for simpler e-commerce via EMVCo’s Secure Remote Commerce

20 Apr 18 @ 09:40

The major payment networks Visa, Mastercard and American Express say they are preparing for a better online payments experience by backing the EMVCo Secure Remote Commerce specification (SRC). The specification, announced... read more

CANADIAN RETAILER GROUP FIGHTS FOR LOWER CREDIT CARD FEES

09 Apr 18 @ 12:58

A group of Canadian retailers are pushing for lower credit card fees from major payment networks amid a long-standing battle over what they claim are inflated rates. The two largest... read more

Canadian retailer group fight for lower credit-card fees

06 Mar 18 @ 11:36

A group of Canadian retailers and other businesses are pushing for lower credit-card fees from major payment networks amid a long standing battle over what they claim are inflated Canadian... read more

EMV CARD-PRESENT TRANSACTIONS AT 59 PERCENT GLOBALLY

01 Feb 18 @ 09:52

Nearly two-thirds of card transactions undertaken in the face-to-face environment globally between July 2016 and June 2017 used EMV chip technology, according to official figures released by technical body EMVCo.... read more

MAJOR CARD NETWORKS DROP SIGNATURE RULES FOR CARD PAYMENTS

01 Feb 18 @ 09:50

Mastercard, Discover and American Express have all announced plans to drop signature at the point-of-sale signature in North America from April 2018. The Mastercard rule change will apply in Canada... read more

Huawei Pay debuts in Russia with UnionPay as mobile wallet market is expected to hit $3.14 trillion

29 Jan 18 @ 17:00

Huawei Technologies and China UnionPay have set their sights on international markets, as they prepare to launch Huawei Pay digital wallet technology outside the mainland, going shoulder to shoulder against... read more

Major banks invest millions into cyber security startup Menlo

12 Dec 17 @ 18:23

A number of major banks and networks have invested millions of dollars into a cyber security startup that aims to paralyze phishing attacks, in which hackers try to trick people into either revealing their... read more

An update on developments in European card products

30 Nov 17 @ 12:42

First Annapolis, now part of Accenture has been closely monitoring European card products to track the evolution of product offerings and pricing. Twice a year, it reviews the card products... read more

AmEx partners with Ripple for blockchain-enabled cross-border B2B payments

16 Nov 17 @ 16:42

American Express has announced the introduction of blockchain-enabled, cross-border B2B  payments. The American Express FX International Payments (FXIP) business is working with Ripple to make blockchain payments commercially available, reducing... read more

SAMSUNG PAY HITS $9 BILLION TRANSACTIONS IN SOUTH KOREA

11 Oct 17 @ 14:47

Samsung Pay has capitalised on its home advantage and processed ten trillion won ($8.8 billion) in accumulated transaction volume in South Korea, the company announced. The service was launched in... read more

The rise of alternative payments – and its impact on the card business

20 Sep 17 @ 14:28

From virtual mobile wallets to peer-to-peer money transfer apps, there are an increasingly diverse number of ways to pay, beyond the old medium of cash. And the geographic scope of... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more