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Paym hits 1 million users for mobile payment service

06 Aug 14 @ 14:43

More than 1 million people have registered for a new mobile payment service which has the potential to eventually link up every current account in the country with a phone... read more

Yaap launches “Yaap Shopping”

12 Jun 14 @ 10:52

Yaap, the joint-venture between CaixaBank, Banco Santander and Telefónica, has signaled the beginning of its business operations with the launch of its first service, Yaap Shopping, in the cities of... read more

Tesco Bank takes on High Street banks with current account

10 Jun 14 @ 12:31

Tesco Bank has launched its delayed current account, tempting customers with 3% interest and extra Clubcard points. The supermarkets banking arm is firmly trying to position itself as a challenger... read more

UK’s PayM mobile payments service launched

30 May 14 @ 11:44

UK person-to-person (P2P) mobile payments service PayM has been launched, enabling customers of participating banks and building societies to register their mobile numbers and link them to their current accounts... read more

Paym mobile payments service launches in UK

04 Apr 14 @ 10:09

P2P mobile payments service Paym will be rolled out by Britain’s banks at the end of this month. Customers of participating banks and building societies can register their mobile numbers,... read more

UK’s Payments Council launches Paym mobile payments service

10 Mar 14 @ 17:04

The UK’s Payments Council is to launch a secure means for consumers to make payments using a mobile number, in a long awaited service backed by the UK’s banks, called... read more

Live @ MWC: Elavon to offer Zapp mobile payments

26 Feb 14 @ 10:29

In continuing its quest for acquirers, Zapp, has announces that Elavon has signed up to offer Zapp mobile payments to merchants and consumers from 2014. Elavon will work with Zapp... read more

Barclaycard steps into mobile point of sale market

19 Feb 14 @ 17:41

Literally one year from making its initial announcement Barclaycard has announced the launch of its mobile point of sale (mPOS) system, entering into an increasingly over crowded market. Barclaycard Anywhere incorporates... read more

Brazilian acquiring market

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

UK banks sign up to Zapp m-payments

30 Jan 14 @ 00:36

Five major UK financial institutions have joined the Zapp mobile payments scheme, enabling customers to make in-store and online purchases from within their banking apps. HSBC, first direct, Nationwide, Santander... read more

Leading UK Financial Institutions support Zapp mobile payments

15 Jan 14 @ 10:38

Big news for Zapp this week – 5 of the major UK retail banks have signed up to Zapp, meaning 18 million UK customers will have access to Zapp when... read more

Global payment provider Clear2Pay for sale?

25 Oct 13 @ 15:48

Clear2Pay, the Belgian financial services and electronic payments company is up for sale by Private equity firm Aquiline Holdings LLC, according to two people familiar with the situation – according to... read more

EC allows Telefonica digital payments service

26 Sep 13 @ 13:20

The European Commission has given proposals by CaixaBank, Santander and Telefonica to set up a joint venture to offer digital financial services the green light. After looking into the concerns... read more

EC allows Telefonica digital payments service

02 Sep 13 @ 18:09

The European Commission has given proposals by CaixaBank, Santander and Telefonica to set up a joint venture to offer digital financial services the green light.

US financial institutions collaborate on m-payments system

29 Jul 13 @ 05:31

The Clearing House (TCH) of the US has announced that it is working with the US’s leading financial institutions to develop an industry-wide dynamic credentialing solution to improve the safety... read more

UK banks unveil Zapp mobile payments system

08 Jul 13 @ 02:38

VocaLink has today unveiled a new mobile payment service backed by the UK’s major high-street lenders, which provides the infrastructure behind Bacs, Direct Debit and Mobile Top-Up. VocaLink, owned by... read more

US Financial Institutions collaborate on national mobile payments system

01 Jul 13 @ 02:49

The Clearing House (TCH) announced that it is working with the US’s leading financial institutions to develop an industry wide dynamic credentialing solution to improve the safety and soundness of... read more

Global mobile payments index

06 Jun 13 @ 00:00

Telefonica has signed an agreement with Santander and CaixaBank to create a joint venture that will develop new businesses based on the latest mobile and communication technologies.  The new company... read more

First Data Expands Relationship with SAV Credit

23 May 13 @ 00:00

First Data Corporation today announced that it has expanded its relationship with SAV Credit Limited, a leading specialist credit card provider in the United Kingdom. In addition to supporting all of... read more

VocaLink celebrates five years of Faster Payments

08 May 13 @ 00:00

VocaLink, the international payments provider, is celebrating the five year anniversary of the Faster Payments Service in the UK, with 2.5 billion transactions securely processed since its launch in 2008.... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Wero expands into Austria as Europe’s payments ambitions gather momentum

23 Jun 26 @ 18:52

The European Payments Initiative (EPI) has secured a significant boost to its ambitions of creating a pan-European payments network, with Austria’s largest ba... more