15 Jan 14 @ 10:25
There has been much made of Europe securing a third debit scheme for processing card transactions and creating a viable competitor to break the duopoly of Visa and MasterCard. However,... read more
10 Jan 14 @ 17:01
2013 saw continued interest by venture capital and corporate venture investments into payments tech companies ranging from mobile point of sales solutions to parking payment apps to international money transfer. To clarify,... read more
10 Jan 14 @ 13:02
Adyen has published findings from its analysis of how applying 3D Secure to all transactions can positively or negatively impact transaction conversion rates on a per-country basis. The report, conducted... read more
08 Jan 14 @ 09:51
Thames Card Technology (TCT), one of the UK’s largest manufacturers of secure chip credit, debit, prepaid, gift and loyalty cards, announced growth capital investment of £3.2 million from independent UK... read more
06 Jan 14 @ 16:25
The National Retail Federation, the world’s largest retail trade association, has announced, in the ongoing Interchange Fee Settlement fiasco “it has formally filed an appeal of a controversial antitrust lawsuit settlement covering credit... read more
18 Dec 13 @ 13:21
Transport for London (TfL) has celebrated its first successful year of accepting contactless payment cards on all of the Capital’s 8,500 buses. Since it was launched on Thursday 13 December... read more
18 Dec 13 @ 11:15
iZettle, the social payments company allowing anyone to take card payments with their smartphone or tablet, has announced a partnership with Eurostar, the high-speed train service which links the UK, France... read more
16 Dec 13 @ 15:42
A group of US retailers have vowed to continue fighting a US District Court ruling in favour of a $5.7 billion interchange settlement with Visa and MasterCard over credit card... read more
13 Dec 13 @ 12:47
MasterCard says it will enable Commonwealth Bank of Australia MasterCard cardholders to securely load and store payment account credentials on select flagship NFC-enabled Samsung devices, enabling fast and secure contactless payments accelerating mobile payments... read more
11 Dec 13 @ 16:46
A new white paper has been announced titled “EMV is Not Enough: Considerations for Implementing 3D Secure.” The paper considers the impending US EMV migration to Europay, MasterCard and Visa... read more
28 Nov 13 @ 10:14
A new market research report titled “Mobile Wallet Market”, published by Allied Market Research, indicates the global mobile wallet market is expected to reach $5,250 billion in 2020, growing at a CAGR of 127.5%... read more
26 Nov 13 @ 16:33
Bank of East Asia says it will launch a mobile NFC payment service for its credit card customers in Hong Kong early next year. BEA’s i-Pay system will utilize Near... read more
22 Nov 13 @ 16:06
In an unsurprising piece of news, Google has decided to follow companies such as PayPal who have developed a physical extensions of their mobile payment solutions. The news that Google was likely... read more
22 Nov 13 @ 10:06
First Data Corporation and Oberthur Technologies announced a strategic partnership to manage and promote EMV in the US. First Data is a global leader in electronic commerce and payment processing.... read more
21 Nov 13 @ 09:35
Rogers Communications, Canada’s largest provider of wireless voice and data services, has chosen Sequent’s open Wallet Management Platform to power its suretap wallet, the first mobile wallet from a carrier... read more
19 Nov 13 @ 10:35
NXP has announced that the PN544PC, a derivative of the most widely adopted near field communication (NFC) radio controller (PN544), is being integrated into select new computing devices. Intel’s 4th... read more
19 Nov 13 @ 09:58
Gemalto is providing TSM Nordic, a company owned by Telenor and DNB, with mobile contactless technology for Norway’s first mobile NFC payment service. Telenor is Norway’s leading mobile operator with... read more
12 Nov 13 @ 07:37
First Data Merchant Solutions, First Data’s direct-to-market merchant acquiring business, and Diners Club International have announced the go-live of their merchant acquiring agreement in the UK. The deal will allow First Data... read more
07 Nov 13 @ 16:13
First Data Merchant Solutions, First Data’s direct-to-market payment acceptance business, today announced that it has become a UK Payment Institution after successfully achieving independent membership of the UK Financial Conduct... read more
07 Nov 13 @ 15:53
Canada’s first open mobile wallet, “Ugo” has been introduced by PC Financial and TD. The companies plan to combine multiple payment and loyalty programs into a secure mobile solution. Canada’s largest... 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