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US EMV in 2013

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

Canadian mobile payments – a case study in cooperation

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

Financial Conduct Authority seeks personal accountability through attestations

29 Jan 14 @ 16:30

The Financial Conduct Authority (FCA) has shown that it will adopt a more robust approach to regulating Financial Services firms. Last year saw the FCA hand out a total of £472,262,738 worth of fines, a significant increase to the £311,569,256 handed by its predecessor the Financial Services Authority (FSA) in 2012.

EU payment regulation – Raising questions

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

Apple mobile payments

27 Jan 14 @ 11:58

Apple is laying the groundwork for an expanded mobile-payments service, leveraging its growing base of iPhone and iPad users and the hundreds of millions of credit and debit cards on file through its... read more

The power of mPOS

27 Jan 14 @ 11:05

The rapid growth of the mPOS sector worldwide is making a profound impact on the wider industry, with banks, vendors and non-bank players all fighting for a piece of the... read more

US bank IT spending to hit $62 billion

24 Jan 14 @ 12:48

US bank IT spending is rising at a solid clip and is expected to be 4.5% higher in 2014. Growth will be consistent and climb slightly in 2015, as IT... read more

Visa: Contactless transactions in the UK grew fourfold

23 Jan 14 @ 12:36

UK consumers’ preference for electronic payments and contactless transactions continued to increase in 2013 as Visa Europe announces that spending with UK Visa credit, debit, commercial and prepaid cards increased... read more

T-Mobile launches Mobile Money challenging traditional banking services

22 Jan 14 @ 14:50

Given the outspoken nature of T-Mobile CEO John Legere you will have heard all about their Uncarrier initiatives. Its latest, Called Mobile Money, the personal finance product combines a smartphone app (iOS or Android)... read more

Apple to launch mobile payment platform in 2014

20 Jan 14 @ 12:46

After several years of initiatives such as its Passbook wallet, this year will finally see Apple grasp the mettle and launch a fully-fledged mobile payments service, according to a forecast... read more

Russian accused of BlackPOS malware used to hack Target

20 Jan 14 @ 12:10

Security firm IntelCrawler has released information implicating a Russian teen sold the BlackPOS malware responsible for breaching security at the retailers Target and Neiman Marcus and affecting as many as 110 million... read more

Financial Conduct Authority seeks personal accountability through attestations

20 Jan 14 @ 11:48

The Financial Conduct Authority (FCA) has shown that it will adopt a more robust approach to regulating Financial Services firms. Last year saw the FCA hand out a total of... read more

Asia leads the way as growth in global ATM market accelerates

16 Jan 14 @ 11:47

The number of ATMs installed worldwide increased by more than 180,000 during 2012 so the global ATM market reached 2.6 million at the end of the year. This is one... read more

UK retailers forfeit £1.5 billion in mobile commerce

15 Jan 14 @ 16:58

With the holiday retail season now over, Jumio has released its December 2013 mobile commerce analysis, finding that retailers celebrated the most successful mobile holiday shopping season to date, yet... read more

Washington Metro looks to mobile and contactless payments in transit upgrade

15 Jan 14 @ 12:43

The Washington Metropolitan Transit Authority has awarded a $184 million contract to upgrade its fare payment system to include mobile and contactless payments. The new system will widen payment options... read more

Zapp Vs Pingit – the creation of the UK’s 3rd debit scheme?

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

Royal Canadian Mint launches Bitcoin competitor – MintChip

14 Jan 14 @ 14:55

Canada has unveiled the prototype of  MintChip, a digital currency likened to Bitcoin – only this currency was designed by the Royal Canadian Mint, is backed by the Canadian dollar, and... read more

Remote Deposit Capture: all about mobile

14 Jan 14 @ 09:57

With the explosion of mobile Remote Deposit Capture (RDC) demand, banks are seeing a shift in where RDC losses are occurring – from commercial and small business to consumer channels.... read more

Worldwide impact of 3D secure on transaction conversion rates

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

Central Bank imposes mobile money tax after bitter dispute

10 Jan 14 @ 12:06

Zimbabwe has begun imposing a mobile money tax on transactions after intense lobbying from the Bankers Association of Zimbabwe (BAZ) for the Zimbabwean central bank to regulate mobile money services... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more