02 Feb 16 @ 10:14

Russia has launched its own domestic payment system, aiming to boost its financial independence and compete with international payment systems, such as Visa and MasterCard. The Bank of Russia and... read more

09 Nov 15 @ 14:49

“It takes 20 years to build a reputation and 5 minutes to ruin it.  If you think about that you’ll do things differently,” said US investor Warren Buffet.  We look... 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

01 Oct 15 @ 08:35

The class action against Target brought by several banks over the retailer’s massive data breach in 2013 has been certified by a US judge. District Judge Paul Magnuson said the... read more

01 Oct 15 @ 08:30

Google finally rolled out Android Pay, its one-touch payment app on Android devices, in more than 1 million contactless-enabled merchants in the US on 10 September. Android Pay supports credit... read more

01 Oct 15 @ 08:29

Contactless payments in Europe are growing strongly as consumers and merchants embrace the speed and convenience of EMV contactless technology for low value.  The contactless acceptance infrastructure will now be... read more

01 Oct 15 @ 08:24

As issuers explore when and how to roll out mobile wallets, they should consider certain core accelerators, argues a recent white paper from payment processor, TSYS. These include a well-established... read more

01 Oct 15 @ 07:38

New research by RBR shows that the number of payment cards in circulation worldwide increased by 11 percent in 2014 to reach 12 billion, largely driven by strong growth in... read more

01 Oct 15 @ 07:36

A US judge has rejected a proposed class-action settlement between American Express and merchants who sued the company over card fees, ruling that a lawyer acting for the merchants compromised... read more

30 Jul 15 @ 17:01

MasterCard says it is testing a smartphone app that uses facial biometrics to verify online purchases. Users in the trial can hold their phone up as though taking a selfie... read more

30 Jul 15 @ 16:57

Contactless cards have been issued in Australia since 2006 but a major push on the acceptance side only started in the second-half of 2010. The technology is starting to gain... read more

30 Jul 15 @ 16:36

General purpose and private label credit, debit and prepaid cards generated $5,165 trillion in sales in the US last year. This was an 8 percent increase on the $4,768 trillion... read more

30 Jul 15 @ 15:11

MasterCard faces formal antitrust investigations in Europe after the European Commission accused the card giant of “artificially raising the costs of card payments.” The Commission issued its statement of objections... read more

31 May 15 @ 09:05

PCM examines the extent to which European regulation will continue to drive major industry change by Robert Courtneidge and Joyrene Thomas European regulation, such as the original Payment Services Directive... read more

28 May 15 @ 00:01

PCM examines the extent to which European regulation will continue to drive major industry change by Robert Courtneidge and Joyrene Thomas European regulation, such as the original Payment Services Directive... read more

28 May 15 @ 00:01

The cityscape of modern Arabia displays its optimism and advancement with impressive sky-piercing towers. Similarly the payment and commerce landscape is visibly transforming and, if the range of innovations and... read more

30 Mar 15 @ 17:20

NFC POS terminals are expected to grow by 28.4% from 21.4 million in 2014 to 74.9 million in 2019 according to a recent survey by Berg Insight. In 2014 NFC... read more

30 Mar 15 @ 16:39

Whilst the EMV (Europay, MasterCard and Visa) bashing in the US continues to gather pace, US banks, credit card companies and retailers continue to invest heavily in the technology widely... read more

30 Mar 15 @ 16:26

Apple Pay has breathed new life into tokenisation and the use of tokenisation has seen a revival due to new technology approaches that remove associated operational risks and complexities and... read more

30 Mar 15 @ 16:03

Such is the fervour around virtual currencies, that barely a day goes by without some form of news or announcement about the growth and threat of digital currencies but what... read more