14 Mar 14 @ 12:37

New figures released on UK fraud by Financial Fraud Action UK (FFA UK) show that levels of card and online banking fraud rose during 2013. Improved fraud detection and prevention... read more

11 Mar 14 @ 09:21

New fronts in the war on cash are being opened up worldwide through a range of innovative services and payments products. Is the dream of a cashless society far-fetched? While we... read more

06 Mar 14 @ 15:33

Payment card fraud in the US is rampant, and it’s adding up to big losses. The US accounted for 51% of global payment card fraud costs in 2013, according to BI... read more

03 Mar 14 @ 10:28

Visa Europe will cap the transaction fees it charges, the European Commission said on Wednesday, curbing an important money earner for banks behind the payment scheme. Europe’s antitrust regulator accepted on... read more

28 Feb 14 @ 14:01

A new initiative linking MasterCard, OTP Bank and mobile wallet provider Cellum has been launched in Europe. Unveiled at Mobile World Congress in Barcelona, the Cellum-developed OTPay is the first,... read more

26 Feb 14 @ 10:18

MasterCard and OTP Bank Hungary announced the introduction of OTPay, the first digital wallet in Europe to leverage the application programming interface (API) of MasterPass. This application is customized to... read more

21 Feb 14 @ 15:47

The card payment fees that banks charge retailers for processing shoppers’ payments should be capped, Economic and Monetary Affairs Committee MEPs decided in a vote on Thursday. The cap would apply... read more

21 Feb 14 @ 13:49

Giesecke & Devrient (G&D) is providing its secure software platform to the Commonwealth Bank of Australia (CBA), to enable secure contactless payment transactions with the Samsung Galaxy S4 smartphone. In... read more

20 Feb 14 @ 08:50

Having recently launched in France, Orange has launched of Orange Cash in Spain, a rechargeable prepaid card from MasterCard that can be used within smartphones or as a traditional payment card. With Orange... read more

14 Feb 14 @ 10:59

European consumers are concerned that draft EU legislation currently under discussion would make paying with cards more expensive and more complicated. According to a recent poll in 13 European countries, 2... read more

12 Feb 14 @ 17:13

Digital payment solution MasterPass is now available in Spain thanks to the agreements reached with several financial institutions and merchants across the country. Main Spanish financial entities are already working... read more

04 Feb 14 @ 16:46

CIBC and TELUS announced the launch of the CIBC contactless mobile payment app to TELUS mobile devices with Near-Field Communications (NFC) capability, allowing more Canadians to have access to mobile... read more

04 Feb 14 @ 12:41

With over R$690 billion (approximately US$300 billion) in card sales volume in 2012, the Brazilian market is the largest acquiring market in Latin America, and Brazil’s card volume grew at... read more

03 Feb 14 @ 16:56

US payments industry deployment of EMV technology accelerated in 2013 to help combat rising card fraud, but widespread industry adoption of US EMV still faces multiple obstacles. Merchants remain suspect... read more

29 Jan 14 @ 17:07

Canada has become a leader in the adoption of mobile payments by merchants and consumers. PCM looks at the factors driving the country’s m-payments success story and how a collaborative... read more

28 Jan 14 @ 15:28

DeviceFidelity,  a provider of plug and play mobile Near Field Communication (NFC) and security solutions, says that its Isis Ready NFC iPhone cases are available online, and will be available in AT&T... read more

28 Jan 14 @ 12:40

Neiman Marcus has been forced to admit that up to 1.1 million customer payment cards were compromised in the recent data breach that hit its instore POS terminals over a... read more

28 Jan 14 @ 11:07

Recent payment regulation, interchange proposals in Europe and the revision of the Payment Services Directive will have a significant impact on business strategies for all stakeholders going forward – reports... read more

21 Jan 14 @ 13:51

The recent Target security breach is set to generate a boom in demand for higher security, dual-interface cards, with US EMV adoption and shipments forecast to surge twentyfold from 2013... read more

17 Jan 14 @ 11:53

EMVCo has begun work on token specifications for the use of digital tokens – rather than account numbers – for electronic and mobile transactions. Tokenisation replaces a traditional card account... read more