30 Jan 15 @ 14:06

The European Union and ECB are once again trying to grapple with the seemingly intractable question of payment system interoperability after nearly 10 years of trying to resolve the issue.... read more

30 Jan 15 @ 14:05

Interchange fees to process debit and credit card transactions are to be capped under an EU law in a bid to wrap-up the long-standing battle with payment groups including Visa... read more

30 Jan 15 @ 13:59

The debate around the potential of contactless cards continues to rage in some markets while in others it seems the argument has already been settled. The extent of this apparently... read more

30 Jan 15 @ 13:37

In 2013, cards and payments at the POS and on the internet continued to drive growth in many European countries. The rollout of contactless cards and mPOS terminals gains momentum... read more

30 Jan 15 @ 13:06

In another recent development Discover Financial Services, through its US Pulse debit network, has started a civil action against Visa Inc. alleging anti-competitive practices in its debit card business. To... read more

03 Dec 14 @ 11:54

Card payments continue to be central to much human activity. However, new technologies, the internet, new legal frameworks, card fraud, and other competing payment services have challenged and transformed the... read more

03 Dec 14 @ 11:48

What will the world of payments look like in 20 years’ time? PCM dusted off its crystal ball to get a glimpse into the future. by Victoria Conroy We are... read more

02 Oct 14 @ 15:23

Russia’s MDM Bank has partnered with Chinese payment network UnionPay (UP) to issue UP-branded cards. Other Russian banks, including Alfa Bank, Gazprombank and Bank of Moscow are also preparing to... read more

02 Oct 14 @ 15:07

The global market for smart cards  will see steady growth due to the increasing emphasis on the Europay, MasterCard and Visa (EMV) standard in the payment and banking vertical. In... read more

02 Oct 14 @ 15:02

Joe Oliver, the Canadian Finance Minister, is said to be pressing credit card companies and banks to accept lower credit card fees paid by retailers, which the government claims are... read more

02 Oct 14 @ 15:01

The recent card scheme cross-border acquiring (CBA) concessions have created a new model for cross-border acquiring. By default they have become the European Commission’s ‘Plan A’ as a result of... read more

02 Oct 14 @ 14:56

The 100th anniversary of the credit card industry’s birth is a good reason to look back at some of the key events in the history of one of the most... read more

29 Jul 14 @ 22:43

OpenWay and SBC Technologies have announced certification of the first mPOS chip and PIN solution in Russia for compliance with OpenWay technical requirements for EMV support and compatibility with the... read more

29 Jul 14 @ 22:35

Spurred by major data breaches at Target and other stores, the US banking and retail sectors are turning to more secure EMV payment cards, causing US shipments of these cards... read more

29 Jul 14 @ 21:59

How will host card emulation technology drive usage of NFC and what are the implications for consumers, merchants and payment providers? Host card emulation (HCE) is the hot topic within... read more

29 Jul 14 @ 21:56

The launch of RuPay in India and plans for a Russian payment network indicate a resurgence in domestic schemes, but at what cost to the international players? While Europe’s banks... read more

29 Jul 14 @ 21:40

Mobile banking specialist Monitise saw its share price plummet more than 15% on 9 July after the company issued a trading update stating that its revenue growth this year would... read more

29 Jul 14 @ 21:36

On 7 July, Judge Nicholas Garaufis of the US District Court for the Easter District of New York began hearing arguments in a case against American Express (Amex), which the... read more

30 May 14 @ 11:15

mPOS payment pioneer Square is facing increasing speculation that it may put itself up for sale amid rumours that it lost over $100 million in 2013 and is rapidly using... read more

30 May 14 @ 11:09

According to a study into the acceptance of new payment solutions published by Visa Europe, mPOS usage by small businesses (SMEs) in Europe will take off dramatically in 2014. This... read more