06 Mar 14 @ 15:33
Payment card fraud in the US is rampant, and it’s adding up to big losses. The US accounted for 51% of global payment card fraud costs in 2013, according to BI... read more
28 Feb 14 @ 14:01
A new initiative linking MasterCard, OTP Bank and mobile wallet provider Cellum has been launched in Europe. Unveiled at Mobile World Congress in Barcelona, the Cellum-developed OTPay is the first,... read more
26 Feb 14 @ 10:18
MasterCard and OTP Bank Hungary announced the introduction of OTPay, the first digital wallet in Europe to leverage the application programming interface (API) of MasterPass. This application is customized to... read more
21 Feb 14 @ 13:49
Giesecke & Devrient (G&D) is providing its secure software platform to the Commonwealth Bank of Australia (CBA), to enable secure contactless payment transactions with the Samsung Galaxy S4 smartphone. In... read more
20 Feb 14 @ 08:50
Having recently launched in France, Orange has launched of Orange Cash in Spain, a rechargeable prepaid card from MasterCard that can be used within smartphones or as a traditional payment card. With Orange... 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 @ 17:13
Digital payment solution MasterPass is now available in Spain thanks to the agreements reached with several financial institutions and merchants across the country. Main Spanish financial entities are already working... read more
04 Feb 14 @ 12:41
With over R$690 billion (approximately US$300 billion) in card sales volume in 2012, the Brazilian market is the largest acquiring market in Latin America, and Brazil’s card volume grew at... 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
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 @ 00:20
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 @ 17:07
Canada has become a leader in the adoption of mobile payments by merchants and consumers. PCM looks at the factors driving the country’s m-payments success story and how a collaborative... read more
28 Jan 14 @ 12:40
Neiman Marcus has been forced to admit that up to 1.1 million customer payment cards were compromised in the recent data breach that hit its instore POS terminals over a... read more
28 Jan 14 @ 11:07
Recent payment regulation, interchange proposals in Europe and the revision of the Payment Services Directive will have a significant impact on business strategies for all stakeholders going forward – reports... 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
17 Jan 14 @ 11:53
EMVCo has begun work on token specifications for the use of digital tokens – rather than account numbers – for electronic and mobile transactions. Tokenisation replaces a traditional card account... read more
10 Jan 14 @ 17:01
2013 saw continued interest by venture capital and corporate venture investments into payments tech companies ranging from mobile point of sales solutions to parking payment apps to international money transfer. To clarify,... read more
10 Jan 14 @ 13:02
Adyen has published findings from its analysis of how applying 3D Secure to all transactions can positively or negatively impact transaction conversion rates on a per-country basis. The report, conducted... read more
08 Jan 14 @ 09:51
Thames Card Technology (TCT), one of the UK’s largest manufacturers of secure chip credit, debit, prepaid, gift and loyalty cards, announced growth capital investment of £3.2 million from independent UK... read more
06 Jan 14 @ 16:25
The National Retail Federation, the world’s largest retail trade association, has announced, in the ongoing Interchange Fee Settlement fiasco “it has formally filed an appeal of a controversial antitrust lawsuit settlement covering credit... read more
30 Jun 26 @ 07:05
Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more
06 Jul 26 @ 20:34
European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more
07 Jul 26 @ 19:13
Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more