08 Jun 17 @ 10:23

Apple is once again rumoured to be building its own money transfer service to take on the likes of Venmo. The company has recently held discussions with payments industry partners about... read more

05 Apr 17 @ 12:40

Issuing banks often ask about the merits of implementing mobile wallets from the ‘Pays’ (Apple Pay, Android Pay and Samsung Pay) versus their own-brand wallets. To ‘Pay’ or not to... read more

03 Feb 17 @ 13:08

Mobile, online and social media channels have revolutionised consumers’ shopping behaviour, and sparked demand for new payment solutions that support multichannel commerce, Big Data, loyalty and targeted advertising. A new... read more

03 Feb 17 @ 12:10

The fact that the main markets in Latin America are experiencing an explosion in e-commerce growth is hardly news. However, as both internet and smartphone take-up continues, consumers now have... read more

23 Nov 16 @ 11:38

According to Visa’s 2016 Digital Payments Study, the number of consumers regularly using a mobile device – smartphone, tablet or wearable – to make mobile payments has tripled in the... read more

23 Nov 16 @ 09:40

Bill Gates claimed the password could not meet the challenge of keeping information secure and predicted its demise. That was back in 2004. Twelve years later, passwords are still very... read more

23 Nov 16 @ 06:41

Despite all the marketing money spent on promoting electronic payments over many decades, cash still accounts for around 80 percent of consumer payments worldwide. So, is a cashless society a... read more

28 Sep 16 @ 06:26

THERE HAS BEEN much written about the Australian banks pushing Apple Pay to loosen its grip on the technology that enables mobile payments. The result could bode well for US... read more

28 Sep 16 @ 06:21

GOOGLE IS RUMOURED to be launching the Android Pay, digital payment service, using smartphones in Japan as early as autumn, in cooperation with Mitsubishi UFJ Financial Group, sources close to... read more

28 Sep 16 @ 06:09

THE UK IS placing its trust in banks over government agencies to protect their biometric data such as fingerprints and iris scans, according to new research from Visa. Consumers are nearly... read more

28 Sep 16 @ 05:55

The largest UK banks are set for another windfall with the sale of the bank-owned payments company VocaLink to Mastercard for £700 million ($920 million). NEWS OF THE deal came... read more

03 Aug 16 @ 07:28

CHARGEBACKS HAVE BEEN part of card scheme dispute resolution rules for decades and reflect consumer protection regulations in many countries. However they are also the ultimate un-virtuous circle where almost... read more

03 Aug 16 @ 07:02

Following Britain’s momentous decision to leave the European Union, thoughts must inevitably turn to the potential impact on UK consumer payments. Chris Jones, director, PSE Consulting, provides some early thoughts... read more

02 Aug 16 @ 16:19

Identification and verification (ID&V) has always been at the heart of banking and payments, particularly in the digital age. After all, “on the internet, nobody knows you’re a dog” read... read more

24 May 16 @ 15:57

CONTACTLESS CARDS CONTINUE to grow with increasing appetite from all stakeholders, including consumers who find it convenient, and merchants who like its speed. In the UK, the contactless implementation on... read more

24 May 16 @ 15:25

A CONSISTENT STANDARD for the implementation of payment account references (PAR) is now available, following an update to the EMV payment tokenisation specification. Acquirers, merchants and payment processors can use... read more

05 Apr 16 @ 15:52

Megafon, the Russian mobile operator, has reportedly shut down its mobile payment platform Megafon Money. According to ewdn.com, this service will be replaced by Visa Qiwi Wallet which is the... read more

05 Apr 16 @ 15:13

The value of card payments in Asia Pacific grew by 25 percent in 2014 to reach $9.0 trillion, accounting for just under half of the global total card expenditure. The... read more

05 Apr 16 @ 07:00

Advancements in digital technology continued to shape the payments industry in 2015 as mobile, online and other digital forms of payments moved into the mainstream. From mass transit to gas... read more

02 Feb 16 @ 10:24

Shipments of secure elements rose by nearly 12 percent to more than 9 billion units in 2015, according to figures released by Eurosmart. “The smart security industry continues to grow.... read more