17 Aug 17 @ 16:46
Mobile contactless transactions topped £370 million in the first six months of 2017, a 336% year on year rise in spending, according to the latest transaction data from payments processor... read more
31 Jul 17 @ 15:30
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
31 Jul 17 @ 15:18
The Bank of England has extended direct access to Real Time Gross Settlement (RTGS) accounts to non-bank payment service providers as part of a wide-ranging effort to inject more competition... read more
28 Jul 17 @ 14:59
The size of Apple Pay’s share in the mobile payments market in China will depend on how well Apple Pay fits the needs of the local market and how substantial... read more
28 Jul 17 @ 13:57
A New EU directive coming will make it illegal to surcharge for Debit and Credit cards. In the UK the government has extended this to include American Express and PayPal. In 2010... read more
28 Jul 17 @ 13:49
Bank of America and PayPal announced a strategic partnership that will enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards... read more
25 Jul 17 @ 10:02
Global non-cash transaction volumes grew 11.2% during 2014–2015 to reach 433.1 billion, the highest growth of the past decade, and slightly above last year’s World Payments Report prediction (Figure 1.1).... read more
06 Jul 17 @ 14:20
It is now almost 18 months since the introduction of the Interchange Fee Regulation. IFR covered a good deal more than the interchange fee caps and included substantial changes to... read more
26 Jun 17 @ 11:39
Recent payments conferences have highlighted some pressing issues which, when addressed, have the power to transform the world of card payment acceptance, both across Europe and globally. How can merchants’... read more
19 Jun 17 @ 14:14
The number of purchases using debit and credit cards has more than doubled in the past 10 years, as contactless payments and online retail have driven a change in the... read more
13 Jun 17 @ 10:08
Issuers have been using Risk Based Authentication (RBA) to great success for some time now. With new legislation coming in, there is confusion in the market about what RBA means... read more
12 Jun 17 @ 16:22
More than 30 US banks and credit unions are unveiling a unified service to customers this week, called Zelle, after years of watching Silicon Valley innovators from Square to Apple build... read more
08 Jun 17 @ 09:23
A new study released by Visa entitled “How We Will Pay 2017,” found that more than 80% of Americans have a strong interest in using IoT and connected devices to make... read more
18 May 17 @ 10:24
Credit, debit, and prepaid general purpose and private label cards issued in the United States generated $5.936 trillion in payments for goods and services in 2016. Card fees, which include... read more
09 May 17 @ 13:32
When Apple and Samsung released new devices with fingerprint sensor technology, biometrics suddenly went mainstream and, as consumers, we’ve quickly become familiar with the technology. Fingerprint recognition has long been... read more
04 May 17 @ 16:02
With RBTE just around the corner, released data from Radial’s e-commerce fraud technology lab adds another alarming statistic for retailers to contend with when delivering a seamless customer experience. To date... read more
03 May 17 @ 09:45
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 introducing its... read more
27 Apr 17 @ 10:21
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 the small... read more
26 Apr 17 @ 11:53
Entrust Datacard announced that it has joined the PCI Security Standards Council as a new Participating Organization to work on payment data security worldwide. Entrust Datacard will work with the Council to... read more
11 Apr 17 @ 15:10
Mastercard says the UK’s Competition & Markets Authority’s decision has cleared the way for the completion of the company’s planned acquisition of VocaLink. The CMA gave final approval for the proposed set... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more
20 Oct 26 @ 09:06
Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more