27 Jan 15 @ 12:46

Total spending on Visa cards in the UK has surpassed £600 billion for the first time reports Visa Europe. The results provide strong evidence of the UK’s transition to a digital... read more

22 Jan 15 @ 12:07

In an unsurprising move, Monitise, the UK mobile payments company, has issued its third revenue warning in a year and appointed advisers to consider a sale of the business, as it... read more

21 Jan 15 @ 10:00

The Supreme Court handed US banks a victory as it declined to consider a challenge by a group of retailers to Federal Reserve regulations setting fees for processing debit-card transactions,... read more

20 Jan 15 @ 14:16

16 to 24 year old consumers in the UK have the greatest appetite for biometric security measures and the greatest need to use them in place of traditional authentication such... read more

13 Jan 15 @ 09:36

MasterCard says it has reached an agreement with Russian authorities to process its payments in Russia, the Russian central bank announced on Monday. MasterCard and Russia’s national payment system agreed on December... read more

08 Jan 15 @ 10:41

Pan-European payment solution provider SIX Payment Services has teamed with Hypothekarbank Lenzburg to launch the first contactless debit card in Switzerland. In partnership with SIX, Hypothekarbank Lenzburg has replaced its... read more

19 Dec 14 @ 16:21

RBC (Royal Bank of Canada) has announced the addition of Host Card Emulation to the RBC Mobile app, allowing Canadians to pay with most Android mobile phones without worrying about... read more

19 Dec 14 @ 11:29

Suddenly the key EU’s stakeholders (ECB/EC) are talking again about technical payments interoperability and new payments networks.  Many may ask why, for they have struggled over 10 years to fully... read more

18 Dec 14 @ 11:33

Interchange fees to process debit and credit card transactions are to be capped under an EU law that attempts to wrap-up a protracted battle with payment groups such as Visa... read more

11 Dec 14 @ 13:56

A new service that lets NFC phone users enter their PIN on their mobile device to confirm a high value transaction is making it possible for UK consumers to make... read more

11 Dec 14 @ 12:31

As we head toward the close, 2014 seemed to be the year of the dinosaur— as in the outmoded creature whose days were ended in the flash of a mighty asteroid strike.... read more

09 Dec 14 @ 16:18

According to local sources, Russia’s Rossiya and SMP banks, which fell under Western sanctions, are among the eight lenders that will start testing the country’s new national payment system on... read more

09 Dec 14 @ 09:46

PaymentsCM (PCM) predicts that contactless card payments in the UK this Christmas will exceed £500 million with over 250,000 transactions in December. The increase in contactless users has had a... read more

03 Dec 14 @ 10:02

The GSMA has predicted that global smartphones will hit 1.75 billion units by the end of 2014. Mobility has become the hub of computing and connectivity. As smartphone adoption rates grow year... read more

01 Dec 14 @ 17:00

MasterCard is seeking to partner with Visa to use biometric information to replace passwords for online payments. Existing password-based online security authentication is known as 3D Secure, which the two... read more

20 Nov 14 @ 09:00

New research from London-based strategic research and consulting firm RBR shows that there were 61 million EFTPOS terminals installed at 40 million merchant outlets around the world, at the end of 2013.... read more

18 Nov 14 @ 11:27

This week, Europe’s politicians begin trialogue talks to decide final rules on how much payment cards will cost merchants and consumers in card fees. The end goal is more competition... read more

17 Nov 14 @ 09:43

With Apple driving awareness of the potential of NFC payments with Apple Pay, it’s no surprise that the telcos are trying to defend their space. After Vodafone’s NFC false start in 2012,... read more

14 Nov 14 @ 10:00

The Payment Systems Regulator (PSR) has set out how it proposes to regulate the £75trn payment systems industry when it becomes fully operational in April. Payment systems enable consumers to... read more

14 Nov 14 @ 09:00

Mobile network operator Vodafone is preparing to make NFC payments available to its customers in the UK in time for the launch of contactless bank card payments on London’s public transport network. “Vodafone... read more