27 Aug 14 @ 11:54

BPC Banking Technologies, a global provider of open system payment solutions, has been selected by Ethiopia’s EthSwitch to power its national switching operations in Ethiopia. BPC’s SmartVista solution was selected... read more

20 Aug 14 @ 15:15

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

29 Jul 14 @ 10:39

In September 2013 MasterCard and Worldline started their cooperation on the provision of the first digital wallet platform with open interfaces available for card-issuing institutes. During Q4 2014 a new,... read more

16 Jul 14 @ 09:39

Belgium’s BASE mobile subscribers in Germany can now make contactless payments using their smartphone at the supermarket, when filling up their car and in restaurants using the “BASE Wallet” digital... read more

15 Jul 14 @ 16:24

There’s no denying the impact that digital connectivity is having on our daily routines. It’s changed how we watch video, keep tabs on our health – even the way we connect with our... read more

07 Jul 14 @ 19:29

Visa and MasterCard have reached a compromise agreement with Russian officials that would allow the global card payment companies to continue operating in the country. “MasterCard and Visa will continue business in Russia,”... read more

07 Jul 14 @ 19:22

NXP Semiconductors announced that it has extended its leadership in the market for secure ICs in payment cards with 48% market share in million units for 2013, growing from 32%... read more

02 Jul 14 @ 12:48

On July 7, Judge Nicholas Garaufis of the U.S. District Court for the Easter District of New York will begin hearing arguments in the case, which the Department of Justice... read more

30 Jun 14 @ 10:28

Russian Standard Bank, Samsung Electronics and MasterCard have announced the commercial launch of a contactless payment service on some flagship NFC-enabled Samsung devices.  For MasterCard and Samsung, the Russian launch... read more

24 Jun 14 @ 13:09

In a sensible move, Russia has moved to prevent MasterCard and Visa quitting Russia by pledging to reduce the size of the deposit required for them to operate in the... read more

24 Jun 14 @ 11:57

A new survey shows that the majority of high value retailers in Europe believe that draft EU rules to cap interchange fees for electronic payments should only go ahead if... read more

18 Jun 14 @ 14:13

Believing they will fare better independently, some large US retailers have withdrawn from a proposed $7.2 billion credit card fee settlement class-action over a reported conspiracy to inflate credit card fees.... read more

18 Jun 14 @ 13:59

Card networks are taking aggressive action not to lag behind the expected replacement of plastic products with new digital payment methods. For example, Discover Financial Services has signed onto the... read more

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

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

12 Jun 14 @ 12:29

In the wake of high-profile retailer breaches, how is the payment industry responding? The year 2013 looks likely to be defined as the year of the data breach, as fraudsters... 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

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