17 Dec 14 @ 14:59

MBNA has, in partnership with MasterCard, launched a trial of a digital wallet. Once the trial is complete in early 2015, the MBNA Wallet could be quickly rolled out to... read more

11 Dec 14 @ 13:56

A new service that lets NFC phone users enter their PIN on their mobile device to confirm a high value transaction is making it possible for UK consumers to make... read more

11 Dec 14 @ 12:31

As we head toward the close, 2014 seemed to be the year of the dinosaur— as in the outmoded creature whose days were ended in the flash of a mighty asteroid strike.... read more

09 Dec 14 @ 16:18

According to local sources, Russia’s Rossiya and SMP banks, which fell under Western sanctions, are among the eight lenders that will start testing the country’s new national payment system on... read more

09 Dec 14 @ 09:46

PaymentsCM (PCM) predicts that contactless card payments in the UK this Christmas will exceed £500 million with over 250,000 transactions in December. The increase in contactless users has had a... read more

04 Dec 14 @ 11:54

A total of $296 million was spent globally across the bitcoin network on Cyber weekend, according to insight provided by Bitnet. Bitcoin registered as the 9th biggest payment network worldwide... read more

03 Dec 14 @ 10:02

The GSMA has predicted that global smartphones will hit 1.75 billion units by the end of 2014. Mobility has become the hub of computing and connectivity. As smartphone adoption rates grow year... read more

01 Dec 14 @ 17:00

MasterCard is seeking to partner with Visa to use biometric information to replace passwords for online payments. Existing password-based online security authentication is known as 3D Secure, which the two... read more

01 Dec 14 @ 16:00

Compass Plus, the retail banking and electronic payments software providers, has announced that its open development payment platform, TranzAxis, has now been fully certified to support Futurex’s Excrypt SSP9000 hardware security... read more

20 Nov 14 @ 09:00

New research from London-based strategic research and consulting firm RBR shows that there were 61 million EFTPOS terminals installed at 40 million merchant outlets around the world, at the end of 2013.... read more

18 Nov 14 @ 11:27

This week, Europe’s politicians begin trialogue talks to decide final rules on how much payment cards will cost merchants and consumers in card fees. The end goal is more competition... read more

17 Nov 14 @ 09:43

With Apple driving awareness of the potential of NFC payments with Apple Pay, it’s no surprise that the telcos are trying to defend their space. After Vodafone’s NFC false start in 2012,... read more

14 Nov 14 @ 10:00

The Payment Systems Regulator (PSR) has set out how it proposes to regulate the £75trn payment systems industry when it becomes fully operational in April. Payment systems enable consumers to... read more

14 Nov 14 @ 09:00

Mobile network operator Vodafone is preparing to make NFC payments available to its customers in the UK in time for the launch of contactless bank card payments on London’s public transport network. “Vodafone... read more

13 Nov 14 @ 16:29

MasterCard has outlined its vision for online payments beyond passwords, making life simpler for cardholders while increasing security. The company has been leading the co-creation of a new authentication standard, which... read more

13 Nov 14 @ 16:20

Mobile payments platform provider Square has made an EMV chip-card reader available to its customers. But rather than offering the reader for free, Square is charging customers $29 as part... read more

13 Nov 14 @ 15:47

New Zealand’s Westpac is to offer its customers contactless sticker for mobile payment. Westpac customers attach the sticker to the back of their mobile device to make quick, secure contactless... read more

10 Nov 14 @ 12:03

Official figures released by the global technical body EMVCo show that nearly 30% of all card-present transactions conducted globally between July 2013 and June 2014 used EMV chip technology. The... read more

10 Nov 14 @ 10:58

According to the term sheet, which was picked up by equity analyst at Keefe, Bruyette & Woods, Sanjay Sakhrani, Apple Pay will receive 15 basis points (0.15 percent) per credit... read more

07 Nov 14 @ 13:28

American Express this week launched a tokenisation service in the US that aims to replace payment card numbers with unique tokens. “With American Express Token Service, traditional card account numbers... read more