09 Jun 14 @ 11:35

Equity Bank is set to launch its Mobile Virtual Network Operator (MVNO) services in July 2014 after a successful foray in the local and regional banking sector – a key... read more

04 Jun 14 @ 13:58

Annual domestic card spending by UK consumers passed £0.5 trillion for the first ever time in 2013 as shoppers increasingly choose cards over cash, according to a report published by... read more

04 Jun 14 @ 13:52

In the latest twist concerning the Russia/Ukraine/Crimea situation, it has been reported that the head of a Russian payments company, who was imprisoned in 2013 for organising a cyberattack on... read more

02 Jun 14 @ 12:41

Swedish bank SEB is to sell its card acquiring business Euroline to private equity player Nordic Capital for SEK 2.2 billion. Euroline, which acquires Visa, MasterCard and Diners Club transactions... read more

30 May 14 @ 08:51

In the wake of high-profile retailer breaches, how is the payment industry responding? by Victoria Conroy The year 2013 looks likely to be defined as the year of the data... read more

30 May 14 @ 08:49

While much of the debate around European card regulation focuses on Visa and MasterCard, how will three-party schemes fare under proposed legislation? by Victoria Conroy The July 2013 publication of... read more

08 May 14 @ 11:58

KDDI, a major Japanese mobile operator in partnership with MasterCard, announced the launch of the “au WALLET” prepaid card program for 34 million au-brand mobile network subscribers. This will be... read more

02 May 14 @ 13:10

With record levels of investment from venture capital groups being ploughed into payment start-ups, is there a risk of another dotcom-style boom and bust? by Victoria Conroy The halcyon days... read more

24 Apr 14 @ 11:01

Card Payments in Europe – Cards and payments at the POS and on the internet continued to drive significant growth in many European countries. The roll-out of contactless cards has started... read more

11 Apr 14 @ 09:27

SIX Payment Services and MasterCard will jointly provide the wallet payment platform MasterPass for card issuing banks. The digital wallet simplifies payments on the internet and offers financial institutions in... read more

09 Apr 14 @ 11:33

According to a report from IHS, contactless payments could be about to receive a significant boost, with global Near Field Communication (NFC)-enabled handset shipments set to soar four-fold in the... read more

28 Mar 14 @ 00:10

Online cash payments provider Ukash has launched a general purpose reloadable (GPR) prepaid card, supported by a mobile app available on Android and iOS platforms, which enables users to check... read more

27 Mar 14 @ 23:29

UK consumers are concerned that draft legislation currently being discussed by the EU over interchange will make it more expensive to pay by card, impacting upon the growing trend for... read more

27 Mar 14 @ 20:27

Host card emulation (HCE), the cloud-based mechanism for hosting NFC applications outside the secure element, effectively removes the need for bank reliance on telcos when launching mobile payments services.  HCE... read more

27 Mar 14 @ 16:35

Cards and payments at the POS and on the internet continued to drive significant growth in many European countries. The roll-out of contactless cards has started while there is again higher use... read more

27 Mar 14 @ 16:24

With record levels of investment from venture capital groups being ploughed into payment start-ups, is there a risk of another dotcom-style boom and bust? by Victoria Conroy The halcyon days... read more

27 Mar 14 @ 16:19

Advances in payment technology are enabling innovators to roll out wearable tech such as wearable payment devices and other futuristic form factors. by Victoria Conroy The power of the microchip... read more

27 Mar 14 @ 10:42

Embattled Wal-Mart Stores has filed suit against Visa this week in U.S. District Court (Fayetteville) claiming the defendant conspired with large banks to fix interchange fees charged to merchants between Jan... 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

11 Mar 14 @ 09:21

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 we... read more