18 Jun 14 @ 09:30

National card and national payment schemes have reason to be optimistic about their future, in spite of increasing globalisation, according to comprehensive new research into the sector. National Payments Schemes:... read more

17 Jun 14 @ 16:40

Orange and the BNP Paribas group are offering retail banking customers in Africa direct access between their BNP Paribas account and their Orange Money account through their mobile phones. The new... read more

17 Jun 14 @ 15:59

MasterCard has sent out an RFP for Russian companies to bid for on a contract to process its Russian domestic payments as the US card company seeks to overcome  recent... read more

16 Jun 14 @ 16:24

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

13 Jun 14 @ 10:59

While much of the debate around European card regulation and interchange focuses on Visa and MasterCard, how will three-party schemes fare under proposed legislation? The July 2013 publication of European... read more

09 Jun 14 @ 11:35

Equity Bank is set to launch its Mobile Virtual Network Operator (MVNO) services in July 2014 after a successful foray in the local and regional banking sector – a key... read more

05 Jun 14 @ 16:35

A gold bullion vault operator on the Isle of Man in the British Isles is to issue a credit card made of solid gold. The 14-carat Visa gold card from... read more

04 Jun 14 @ 13:58

Annual domestic card spending by UK consumers passed £0.5 trillion for the first ever time in 2013 as shoppers increasingly choose cards over cash, according to a report published by... read more

04 Jun 14 @ 13:52

In the latest twist concerning the Russia/Ukraine/Crimea situation, it has been reported that the head of a Russian payments company, who was imprisoned in 2013 for organising a cyberattack on... read more

04 Jun 14 @ 13:47

American Express has contacted around 75,000 of its customers in California to warn them that their card data has been posted online by Anonymous Ukraine. In March this year, the... read more

02 Jun 14 @ 12:41

Swedish bank SEB is to sell its card acquiring business Euroline to private equity player Nordic Capital for SEK 2.2 billion. Euroline, which acquires Visa, MasterCard and Diners Club transactions... read more

28 May 14 @ 12:46

Mobile point-of-sale (mPOS) company SumUp announced the launch of the first proprietary mobile Chip & PIN device of an mPOS provider in Europe. The device, called PIN+, is available in... read more

20 May 14 @ 11:52

Tech companies have invested millions in trying to persuade people to make mobile payments, but the closure of a high-profile app launched by Twitter’s co-founder suggests too few are willing... read more

15 May 14 @ 13:32

US, telco-backed, mobile wallet venture Isis is picking up steam, claiming 20,000 new wallet activations a day over the last month since launch. The Isis wallet – owned by AT&T... read more

15 May 14 @ 10:30

TD Canada Trust has added the capability to make small credit card purchases using NFC mobile payments for Rogers, Bell and TELUS customers in Canada. After the wide release of Rogers suretap... read more

13 May 14 @ 11:49

 who dedicated the payment network to the  taking on the global players like Visa and MasterCard. The new payment network developed by the National Payments Corporation of India (NPCI), a... read more

08 May 14 @ 09:42

EMVCo, owned by American Express, Discover, JCB, MasterCard, UnionPay and Visa, facilitates worldwide interoperability and acceptance of secure payment transactions by managing and evolving the EMV chip Specifications and related... read more

30 Apr 14 @ 09:58

Monthly spending on UK contactless cards has exceeded £100 million for the first time, according to data published by The UK Cards Association. The new figures show that UK consumers spent a record £109.2 million... read more

28 Apr 14 @ 10:41

After a number of anonymous sources wagging tongues, the clock is ticking for Square. Jack Dorsey’s payment start-up is burning through massive amounts of cash as it tries to scale its payments... read more

24 Apr 14 @ 11:01

Card Payments in Europe – Cards and payments at the POS and on the internet continued to drive significant growth in many European countries. The roll-out of contactless cards has started... read more