27 Nov 18 @ 11:22
New research reveals that the number of payment cards in circulation worldwide reached 15 billion at the end of 2017, with UnionPay continuing to hold the largest share. The 15... read more
27 Nov 18 @ 06:37
Half of the most significant brands in the UK are associated with payment technologies, according to an index recently launched by Opinium Research. The Most Connected Brands Index, which included... read more
03 Oct 18 @ 13:32
In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more
03 Oct 18 @ 12:47
Instead of counting notes and coins or entering a PIN, mobile payments on smartphones have the potential to become a popular method of payment in Germany. Google Pay is already... read more
03 Oct 18 @ 12:42
UK contactless payments continue to flourish, with almost one in two transactions now tap and pay, according to Mastercard figures. There has been a 95 percent increase in contactless transaction... read more
03 Oct 18 @ 12:41
The UK’s Payments Systems Regulator (PSR) has launched an investigation into card acquiring services and whether Britain’s big banks and payments specialists such as Worldpay and Wirecard have taken advantage... read more
03 Oct 18 @ 12:30
Kroger has made good on its threat to stop accepting Visa credit cards, the culmination of a dispute over the interchange fee retailers pay to card networks for each transaction... read more
09 Aug 18 @ 15:01
The benefits and functionality of prepaid are now being appreciated by all types of issuers and customers. Prepaid is increasingly becoming the infrastructure of choice for FinTech innovation. So, what... read more
09 Aug 18 @ 14:39
Amex has won an eight-year antitrust lawsuit over interchange fees. The Supreme Court ruling at the end of June found that the card company’s ‘anti-steering’ rules did not violate federal... read more
09 Aug 18 @ 14:37
A “very rare partial failure” of a hardware switch caused a Visa Europe processing outage at the beginning of June. The disruption lasted ten hours and affected five million transactions,... read more
01 Jun 18 @ 10:04
PayPal is seen by some to be nudging its customers closer to mainstream banking services. The payments company has been reaching out to groups of customers in recent months with... read more
01 Jun 18 @ 09:58
The major payment networks Visa, Mastercard and American Express say they are preparing for a better online payments experience by backing the EMVCo Secure Remote Commerce specification (SRC). The specification,... read more
09 Apr 18 @ 13:31
The number of card payments made online worldwide is set to jump from 29 billion in 2016 to 70 billion in 2022, according to Global Payment Cards Data and Forecasts... read more
09 Apr 18 @ 13:25
One quarter (26 percent) of British shoppers expect to start using contactless payments with a smartwatch, bracelet, keyring or other forms of wearable payments, according to new figures from Mastercard.... read more
09 Apr 18 @ 12:58
A group of Canadian retailers are pushing for lower credit card fees from major payment networks amid a long-standing battle over what they claim are inflated rates. The two largest... read more
01 Feb 18 @ 11:33
Cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2016. This was supported by the rollout of contactless technologies,... read more
01 Feb 18 @ 09:52
Nearly two-thirds of card transactions undertaken in the face-to-face environment globally between July 2016 and June 2017 used EMV chip technology, according to official figures released by technical body EMVCo.... read more
01 Feb 18 @ 09:50
Mastercard, Discover and American Express have all announced plans to drop signature at the point-of-sale signature in North America from April 2018. The Mastercard rule change will apply in Canada... read more
01 Feb 18 @ 09:37
With the deadlines for PSD2 and GDPR implementation approaching, 2018 is set to be the year of new legal frameworks for European merchant payments. Compliance challenges come with threats and... read more
24 Nov 17 @ 14:14
Internet and digital technologies introduced a new era of smart stores focused on shoppers and responsive to their changing needs and wants. Smart store technologies, such as artificial intelligence, augmented... read more
30 Jun 26 @ 07:05
Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more
06 Jul 26 @ 20:34
European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more
07 Jul 26 @ 19:13
Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more