03 Aug 17 @ 06:17

More than 30 US banks and credit unions unveiled a unified person-to-person money transfer service in mid-June. Known as Zelle, the service covers around 86 million US mobile-banking customers and... read more

08 Jun 17 @ 12:30

The US Supreme Court declined to hear a bid by retailers to revive a $7.25 billion anti-trust settlement reached with Visa and Mastercard over claims that the networks fixed card... read more

08 Jun 17 @ 11:50

There are a lot of moving parts in the US payments landscape with the ongoing EMV migration to chip technology, growth in mobile and contactless payments, and the increasing need... read more

08 Jun 17 @ 11:50

A Danish banking collective, named Bokis, has become the first to offer a mobile payments product using the highly popular national debit card, Dankort. Bokis consists of 62 banks from... read more

08 Jun 17 @ 10:37

Trend Micro has warned of a new point-of-sale (POS) malware dubbed MagikPOS, that is being used to attack POS systems belonging to merchants in the US and Canada. The MagikPOS... read more

08 Jun 17 @ 10:32

Security scans performed on 60,000 Magento websites, the most popular e-commerce platform, show that 78 percent are missing critical security patches, while are confirmed to have malware harvesting their customers’... read more

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

06 Apr 17 @ 16:14

On the centenary of the Russian Revolution, we examine payments in the world’s largest country. How do Russians pay today? And given the state bank dynamic, a new domestic card... 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 @ 13:41

A consortium of US banks, including Wells Fargo, JPMorgan Chase and Bank of America, are rolling out a new P2P money transfer app to take on Venmo and other mobile... 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