17 Feb 16 @ 16:22

Amazon’s investment into the Indian market continued last night with the e-tailer announcing it had agreed a deal to acquire local online payments firm, Emvantage. Emvantage’s portfolio includes a range of... read more

11 Feb 16 @ 17:56

Vodafone has has announced a strategic partnership with PayPal to expand contactless payments across its mobile wallet.

10 Feb 16 @ 11:30

For the third year in a row, Apple and Google claimed the top positions in Interbrand’s Best Global Brands report. Technology brands represented more than a third of the table’s... read more

08 Feb 16 @ 12:08

Fit Pay, a wearable payments startup founded by former Visa and CyberSource executives, has raised $3.1 million in a seed funding round led by Germany’s Giesecke & Devrient. The startup,... read more

04 Feb 16 @ 15:24

As of December 9, interchange regulation, which caps rates in Europe are now capped at 30 bps for credit cards (commercial cards excluded) and 20 bps for debit and prepaid cards.

03 Feb 16 @ 11:23

What a difference twelve months can make. Industry conversations at 2014’s Mobey Day, (Mobey Forum’s annual open conference for all mobile money stakeholders) told of an industry undergoing major FinTech... read more

29 Jan 16 @ 11:27

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

29 Jan 16 @ 10:53

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

19 Jan 16 @ 11:41

Payment card providers that are battling for market share are introducing new services to defend and expand their client base.  New initiatives by issuers bring a better customer experience.  However,... read more

15 Jan 16 @ 12:58

CaixaBank is launching imaginBank, Spain’s first mobile-only bank providing banking services exclusively through mobile apps and social networks. CaixaBank currently services 2.9 million customers aged between 18 and 35, with... read more

13 Jan 16 @ 11:04

The Royal Canadian Mint’s fledgling digital currency program, MintChip, has been acquired by local startup NanoPay which has plans to commercialize the technology this year. NanoPay, which has developed a mobile payment service it says... read more

13 Jan 16 @ 11:00

The UK’s five biggest public transport operators have revealed plans for contactless ticketing for millions of passengers. The ambition is to install contactless technology in more than 32,000 buses operating on routes outside... read more

22 Dec 15 @ 13:25

Apple Pay has teamed up with bank-card processor China UnionPay and 15 Chinese banks to bring the mobile payment service to China as soon as early 2016. The move, which was reported... read more

21 Dec 15 @ 13:41

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 launch of the Russian... read more

15 Dec 15 @ 12:10

In a recent note from the Payment Systems Regulator (PSR) on domestic interchange fee caps in the UK, issued on the 19 November 2015 the PSR said: we issued an information request about... read more

10 Dec 15 @ 11:35

As is now commonly known, the MIF Regulation, EU Regulation 2015/751 – on Interchange Fees for Card-Based Payment Transactions – will be significant for the payment industry for many reasons,... read more

09 Dec 15 @ 15:31

The 9th of December marks a significant date for interchange rates across the Europe as all EU countries align their domestic credit (0.3%) and debit card (no more than 0.2%) rates.... read more

09 Dec 15 @ 14:54

Contactless cards have finally taken off in Europe with spectacular growth in the number of cards and the volume of payments during 2014. The rollout of contactless cards and adoption... read more

04 Dec 15 @ 12:43

Early Warning Services announced on October 26th that it has entered into an agreement to acquire clearXchange, which will create a bank-owned real-time payments system with unparalleled DDA connectivity. The... read more

25 Nov 15 @ 11:26

£1.9bn will be spent on Visa cards on Friday 27th November – Black Friday – making it the biggest day for spending on this day in history. This year’s event... read more