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 @ 15:44

THE MARKET FOR mobile payments in China is hotting up with no fewer than three new ‘Pay’ launches in as many months. Apple Pay launched with China Union Pay and... 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

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

01 Feb 16 @ 15:44

In theory, the Internet of Things (IoT) could be the future of technology and a game-changer for many industries. But what are the implications for the payments industry? From industrial... read more

09 Nov 15 @ 14:58

Following the announcement by more than 20 of the world’s largest banks that they are collaborating to develop common standards for Blockchain technology, PCM examines the implications of a decentralised,... 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 @ 08:35

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 @ 08:34

Mobile point-of-sale (mPOS) provider SumUp announced a new €10 million cash injection by investors, including BBVA Ventures and Groupon. American Express and other current investors also participated in the funding... 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 @ 07:47

Fraud losses are at record levels worldwide. Card fraud worldwide grew 19 percent last year compared to card sales which grew only 15 percent, according to figures released by the... 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