25 Mar 14 @ 12:50
Worldline, Atos subsidiary for e-payment services, have announced a premium strategic partnership with PAY.ON to enlarge Worldline’s international card acceptance coverage for e-payment. With the partnership, Worldline strengthens its worldwide positioning... read more
18 Mar 14 @ 09:52
The Target, Neiman Marcus, Michael’s Stores breach trifecta may have finally galvanized the US card payment industry to consider strongly EMV in the US. Too bad consumers are poised to change... read more
10 Mar 14 @ 12:43
Chinese search engine, Baidu has formed a partnership to apply for a private banking license, as China’s biggest search engine provider moves from acting as a store front for money market funds... read more
03 Mar 14 @ 10:28
Visa Europe will cap the transaction fees it charges, the European Commission said on Wednesday, curbing an important money earner for banks behind the payment scheme. Europe’s antitrust regulator accepted on... read more
25 Feb 14 @ 11:07
Card fraud within the Single Euro Payments Area (SEPA) increased in 2012 for the first time since 2008, driven mainly by higher internet fraud. The third report on card fraud,... read more
21 Feb 14 @ 15:47
The card payment fees that banks charge retailers for processing shoppers’ payments should be capped, Economic and Monetary Affairs Committee MEPs decided in a vote on Thursday. The cap would apply... read more
14 Feb 14 @ 10:59
European consumers are concerned that draft EU legislation currently under discussion would make paying with cards more expensive and more complicated. According to a recent poll in 13 European countries, 2... read more
12 Feb 14 @ 10:14
Vodafone and MoneyGram have teamed up to enable mobile remittance allowing consumers to transfer funds directly from around 200 countries to the millions of users of M-Pesa. This service will be... read more
03 Feb 14 @ 16:56
US payments industry deployment of EMV technology accelerated in 2013 to help combat rising card fraud, but widespread industry adoption of US EMV still faces multiple obstacles. Merchants remain suspect... read more
21 Jan 14 @ 13:51
The recent Target security breach is set to generate a boom in demand for higher security, dual-interface cards, with US EMV adoption and shipments forecast to surge twentyfold from 2013... read more
07 Jan 14 @ 11:40
The European Payments Council (EPC), representing the European banking industry in relation to payments, together with the Cards Stakeholders Group (CSG), today published version 7.0 of the SEPA Cards Standardisation... read more
18 Dec 13 @ 10:04
RBK Money, an online payments provider in Russia, has been granted the status of an Authorized Payment Institution by Financial Conduct Authority (FCA) in the UK for the provision of... read more
13 Dec 13 @ 14:12
The European Parliament voted today[1] to give the right of access to a basic bank account at little or no cost to up to 30 million EU residents who want... read more
19 Nov 13 @ 19:00
The European Payment Users Alliance is a group of European payment users who have come together to call for more transparency and competition in the payment market. We welcome the... read more
25 Oct 13 @ 11:01
The European Central Bank has warned companies that are stalling on updating their systems that the SEPA deadline is fast approaching and that big-bang upgrades will cause significant problems to... read more
24 Sep 13 @ 14:19
Visa and MasterCard have agreed to cut the fees to process credit card transactions in France by almost half. The French Competition Authority announced the agreement with Visa and MasterCard in the wake of... read more
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
27 Jun 13 @ 00:00
The European Union (EU) is set to revise the Single Euro Payments Area (SEPA) governance arrangements by replacing the informal SEPA Council with the European Retail Payments Board (ERPB) and... read more
27 Jun 13 @ 00:00
Retail banks in Sub-Saharan Africa have expanded their activities on the continents as never before over the past six years, with the crisis barely slowing them down. Whilst this mass... read more
12 Jun 13 @ 00:00
SoftBank Mobile has announced its selection for the commercial launch of mobile NFC services in Japan. This launch further expands Japan’s NFC ecosystem, with two major mobile operators having launched NFC services,... read more
02 Mar 26 @ 11:25
Three months ago, I was approached by marketing representatives of ETC Mining, who paid $2,500 in Bitcoin for native advertising placement. On the surface, the ... more
24 Feb 26 @ 12:45
After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more
18 Feb 26 @ 13:35
The race to define the next phase of digital commerce via agentic payments has moved decisively into the banking mainstream. [caption id="attachment_57882"... more
25 Feb 26 @ 17:55
Reports that Stripe is exploring a potential acquisition of PayPal have sent tremors through the global payments industry. The reports follow closely on the he... more