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27 APRIL 2017
This is the site of Card & Payments World, the well respected international newsletter providing in depth information on mobile, card and online payments and this is our daily news and resource site for subscribers who also receive 11 printed newsletters a year and three glossy magazines.

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1. Head of new Finance UK super-body named
(Card & Payments World | News/Financial Services)
Head of new Finance UK super-body named Organisation combines six industry groups Stephen Jones has been named chief executive of Finance UK, the new UK bank industry representative group. UK ...
Thursday, 27 April 2017
2. Cybersecurity spend not keeping pace with breach costs
(Card & Payments World | News/Fraud and Security)
Cybersecurity spend not keeping pace with breach costs Fines and business costs dwarf expenditure levels Global expenditure on cybersecurity is increasing, but is failing to keep pace with the cost ...
Tuesday, 25 April 2017
3. Payments App Report: Wetherspoons
(Card & Payments World | News/Mobile)
Payments App Report: Wetherspoons App-wisdom has it that customers need a really convincing reason to use a custom mobile app - which is why the payment giants thought it was going to be an automatic migration ...
Tuesday, 25 April 2017
4. Tuxedo Money bought by new investors
(Card & Payments World | News/Company news)
Tuxedo Money bought by new investors Experienced financial services pair take over Payments and fintech company Tuxedo Money Solutions has been sold to Erik Fällström and Andreas Tuczka of Aldridge ...
Monday, 24 April 2017
5. UK leads online card expenditure
(Card & Payments World | News/Online payments)
UK leads online card expenditure Payments up by over a quarter The UK spends online more per household than any other country, at US$5,900 in 2015. It beats second placed Norway (US$5,400), the ...
Monday, 24 April 2017
6. Oberthur owner cleared to buy Morpho
(Card & Payments World | News/Company news)
Oberthur owner cleared to buy Morpho Smart card operation will be divested European Commission antitrust regulators have approved Advent Internationals Eur2.4bn bid to buy smart card and biometrics ...
Friday, 21 April 2017
7. Chinese digital payments near US$3 trillion
(Card & Payments World | News/Customer Insight)
Chinese digital payments near US$3 trillion Indonesia is fastest growing m-commerce market Alipay and WeChat Pay enabled US$2.9 trillion in Chinese digital payments in 2016, representing a 20-fold ...
Thursday, 20 April 2017
8. South Africa rolls out biometric card
(Card & Payments World | News/Fintech)
South Africa rolls out biometric card Tests for in-store payments ahead of international trials  A card that authenticates payments with a thumbprint biometric is being tested at South African stores. ...
Thursday, 20 April 2017
9. Over 1m cards stored in Nordic e-commerce service
(Card & Payments World | News/Online payments)
Over 1m cards stored in Nordic e-commerce service Service vastly simplifies online shopping experience Nordic payments services provider Nets says that customers in the region have stored more ...
Thursday, 20 April 2017
10. AFEX launches prepaid card for corporates
(Card & Payments World | News/Prepaid)
AFEX launches prepaid card for corporates All-in-one solution to manage employee payments Payments and risk management solutions provider AFEX has launched the PayFEX Prepaid Mastercard for corporates. ...
Wednesday, 19 April 2017
11. Ant Financial increases offer for money transfer giant
(Card & Payments World | News/Mobile)
Ant Financial increases offer for money transfer giant Proposed takeover signals Alipay owners plans to become global payments player Ant Financial Services Group has raised its offer to buy ...
Tuesday, 18 April 2017
12. Alipay makes Greek entry
(Card & Payments World | News/Mobile)
Alipay makes Greek entry Chinese payments provider further expands its European footprint Alipay is being integrated as a new payment method by National Bank of Greece (NBG). As banks in Greece often ...
Thursday, 13 April 2017
13. Plans for ID verification using official records
(Card & Payments World | News/Identity)
Plans for ID verification using official records Banks and government working together on standard  UK banks are working with the government on plans to use official records to prove customer identity ...
Thursday, 13 April 2017
14. SWIFT launches real-time payment controls
(Card & Payments World | News/Fraud and Security)
SWIFT launches real-time payment controls New fraud and cyber-crime prevention service to flag suspicious transactions SWIFT is launching a new real-time payment controls service which it says ...
Wednesday, 12 April 2017
15. ATM black box attacks spread across Europe
(Card & Payments World | News/ATMs)
ATM black box attacks spread across Europe Number of incidents nearly triples ATM black box attacks in Europe showed a 287% in increase in 2016 and took place in ten countries. A total of 58 such ...
Wednesday, 12 April 2017
16. Apple Pay outpaces m-payments rivals
(Card & Payments World | News/Customer Insight)
Apple Pay outpaces m-payments rivals Number of users trebles The number of Apple Pay users increased by more than those of mobile wallet rivals Samsung Pay and Android Pay in 2016. Apple Pay users ...
Tuesday, 11 April 2017
17. Regulator approves VocaLink acquisition
(Card & Payments World | News/Card networks)
Regulator approves VocaLink acquisition Decision leaves questions over control of UK payments infrastructure Mastercards £700m acquisition of VocaLink has been approved by the UK Competition & ...
Tuesday, 11 April 2017
18. AI firms dominate Mastercard start-up programme
(Card & Payments World | News/Fintech)
AI firms dominate Mastercard start-up programme Firms using tech to drive engagement and compute payments data Mastercard has welcomed five new startups to its Start Path Global initiative to support ...
Monday, 10 April 2017
19. JCBI appoints new directors to board
(Card & Payments World | News/Company news)
JCBI appoints new directors to board CEO leaves role at international business JCB International (JCBI), the international operations subsidiary of Japanese card issuer and acquirer JCB, has appointed ...
Monday, 10 April 2017
20. Major Nordic banks combine to tackle cybercrime
(Card & Payments World | News/Fraud and Security)
Major Nordic banks combine to tackle cybercrime Norwegian initiative expands across region Nordic banks are collaborating on an initiative to combat fraud, hacking, theft and other cybercrimes.  ...
Monday, 10 April 2017
21. Cash still dominates says ECB
(Card & Payments World | News/Customer Insight)
Cash still dominates says ECB More than half of POS transaction value accounted for by coins and notes Over three-quarters of all POS payments in the 17 euro area countries are made with cash, according ...
Friday, 07 April 2017
22. Cybersecurity hampers bank fintech collaborations
(Card & Payments World | News/Fraud and Security)
Cybersecurity hampers bank fintech collaborations Institutions struggling to innovate quickly enough Bank efforts to innovate are being slowed by concerns over the cybersecurity risks of partnering ...
Friday, 07 April 2017
23. Gamification comes to payments
(Card & Payments World | News/Company news)
Gamification comes to payments Customers offered prizes when transaction completes Customers will be offered the chance to win prizes including the value of their basket about in a new merchant ...
Thursday, 06 April 2017
24. Alipay expands further in Europe
(Card & Payments World | News/Mobile)
Alipay expands further in Europe POS outlets in region up by 900% Alipay has now started to roll out at the POS in Italy following a partnership with UniCredit. Alipay is the world's largest online ...
Thursday, 06 April 2017
25. PSPs ‘increasingly being blocked’ by banks
(Card & Payments World | News/Regulation)
PSPs increasingly being blocked by banks De-risking and regulatory patchwork leads to lack of access for FCA-regulated firms Despite efforts by regulators to open up the payments market to new ...
Wednesday, 05 April 2017
26. Europe and US banks fall short on email cyber-risk
(Card & Payments World | News/Fraud and Security)
Europe and US banks fall short on email cyber-risk More banks should deploy protocol to protect ecosystem The vast majority of major banks in the US and Europe are failing to use a recommended ...
Tuesday, 04 April 2017
27. Credit issuers ordered to tackle persistent debt
(Card & Payments World | News/Regulation)
Credit issuers ordered to tackle persistent debt Regulator sets out range of reforms Issuers may be forced to reduce or waive interest rate charges in extreme cases of persistent credit card debt ...
Monday, 03 April 2017
28. PFS to double government prepaid portfolio
(Card & Payments World | News/Prepaid)
PFS to double government prepaid portfolio Expansion after APS and Aquarium exit the market Prepaid Financial Services (PFS) says it expects to double the size of its public sector prepaid cards ...
Monday, 03 April 2017
29. US fraud increases both online and offline
(Card & Payments World | News/Fraud and Security)
US fraud increases both online and offline Skimming and CNP attacks on the rise Card fraud in the US is increasing in both the eCommerce and card present channels, two new surveys suggest. As has ...
Monday, 03 April 2017
30. 62 banks partner with Dankort on m-payments
(Card & Payments World | News/Mobile)
Banks roll out Dankort m-payments Domestic card customers can link it to their devices The 62 bank members of the Danish BOKIS collective BOKIS have become the first in the country to offer mobile ...
Friday, 31 March 2017
31. Apple defeat for Australian banks
(Card & Payments World | News/Regulation)
Apple defeat for Australian banks Decision may have global implications Apple has won a major battle after Australias competition regulator ruled that a group of banks in the country could not ...
Friday, 31 March 2017
32. PSR to focus on three new payments issues
(Card & Payments World | News/Regulation)
PSR to focus on three new payments issues Regulator unveils annual plan for 2017/18 Renewed call for big banks to divest VocaLink ownership The UK Payment Services Regulator has set out its priorities ...
Thursday, 30 March 2017
33. CNP drives 2% financial fraud increase
(Card & Payments World | News/Fraud and Security)
CNP drives 2% financial fraud increase Mobile and biometrics provide long term solutions to ongoing problem Financial fraud losses across UK payment cards, remote banking and cheques totalled £768.8m ...
Thursday, 30 March 2017
34. Global data breaches up by 86%
(Card & Payments World | News/Fraud and Security)
Global data breaches up by 86% Number of FS breaches down, but total amount of records stolen rockets There were 1,792 data breaches worldwide in 2016 that led to almost 1.4 billion data records ...
Wednesday, 29 March 2017
35. Watchdog extends VocaLink deal review
(Card & Payments World | News/Company news)
Watchdog extends VocaLink deal review Mastercard proposals to be assessed for a further two months The Competition and Markets Authority (CMA) is extending its review of an offer from Mastercard ...
Wednesday, 29 March 2017
36. figo launches XS2A solution
(Card & Payments World | News/Company news)
figo launches XS2A solution Product to comply with PSD2 account access requirement  German-based payments solutions company figo has launched a technical solution for fulfilling the 'access to account' ...
Tuesday, 28 March 2017
37. The leading disruptors in mobile authentication
(Card & Payments World | News/Mobile)
The leading disruptors in mobile authentication Established card players still at cutting edge in rapidly expanding market - plus some important newer names Giesecke & Devrient (G&D), Gemalto ...
Tuesday, 28 March 2017
38. Industry vets set up card brand
(Card & Payments World | News/Company news)
Industry vets set up card brand An experienced team of payments professionals has launched a new consumer credit card business.  The Ollo brand has been set up by the newly-formed Fair Square Financial ...
Monday, 27 March 2017
39. Norway Payments Market Report
(Features/Mobile/Contactless)
Norway Payments Market Report Norways mobile payments market is accelerating fast, but still somewhat behind its Nordic neighbours in terms of development. DNBs Vipps and Danske Banks MobilePay are ...
Monday, 27 March 2017
40. EC starts public consultation on fintech
(Card & Payments World | News/Fintech)
EC starts public consultation on fintech Effort to prise open national barriers The European Commission has started a public consultation seeking input from stakeholders to further develop its policy ...
Friday, 24 March 2017
41. Banks need their own cyber watchdog
(Card & Payments World | News/Fraud and Security)
Banks need their own cyber watchdog Treasury committee head brands current system opaque and headless  The UK needs a central point of responsibility to address cyber risk issues in the financial ...
Thursday, 23 March 2017
42. Samsung Pay launches in India
(Card & Payments World | News/Mobile)
Samsung Pay launches in India Paytm and UPI are integrated into system Samsung is launching its Samsung Pay mobile payments service in India. Samsung Pay has integrated the Indian Paytm mobile ...
Thursday, 23 March 2017
43. FinTech Connect Live 2017
(Events/General)
6-7 December FinTech Connect Live ExCel, London http://www.fintechconnectlive.com/
Wednesday, 22 March 2017
44. Gemalto hit by low US EMV sales
(Card & Payments World | News/Company news)
Gemalto hit by low US EMV sales Shares plummet after revised revenue forecast Gemalto says its first quarter revenue is likely to be 7% to 9% lower than Q1 last year, mainly due to lower ...
Wednesday, 22 March 2017
45. UK starts image-based cheque clearing
(Card & Payments World | News/Financial Services)
UK starts image-based cheque clearing System will significantly speed up process The UK is introducing an industry-wide image-based cheque clearing system that will accelerate clearing from the ...
Wednesday, 22 March 2017
46. Egyptian banks target cash reduction
(Card & Payments World | News/Company news)
Egyptian banks target cash reduction Initiative linked to salary programme Domestic payment infrastructure provider EBC has started a partnership to support Egypts salary programme, an Egyptian ...
Tuesday, 21 March 2017
47. Pay by face - or by sunglasses
(Card & Payments World | News/Contactless)
Pay by face - or by sunglasses But what will Apple do? Samsung will incorporate facial-recognition technology for mobile payments as a new feature in the upcoming Galaxy S8 smartphone, according to a report ...
Monday, 20 March 2017
48. Jiffy claims to be second biggest P2P in Europe
(Card & Payments World | News/Company news)
Company profile Jiffy claims to be second biggest P2P in Europe SEPA availability grows as more banks join Jiffy, the P2P smartphone payments service from SIA has topped 4.2 million users. SIA is claiming ...
Monday, 20 March 2017
49. Card group sets out interchange compliance guidelines
(Card & Payments World | News/Interchange)
Card group sets out IFR compliance guidelines Advice on implementing EU interchange fee regulation after extensive industry consultation The European Cards Stakeholders Group (ECSG) has published ...
Friday, 17 March 2017
50. Branch Transformation 2017
(Events/General)
28-29 November 2017 Branch Transformation 2017 London https://www.rbrlondon.com/events/branchtransformation
Friday, 17 March 2017
51. ATM & Cyber Security 2017
(Events/General)
10-11 October 2017 ATM & Cyber Security 2017 London https://www.rbrlondon.com/events/atmsec
Friday, 17 March 2017
52. Concerted effort to pause rise in financial fraud

(Card & Payments World | News/Fraud and Security)
Concerted effort to pause rise in financial fraud Take Five Day asks customers to stop and think Financial Fraud Action UK is running a campaign today to highlight the UK£2m lost each day to fraud. The ...
Thursday, 16 March 2017
53. PPRO Group listed as future Unicorn
(Card & Payments World | News/Fintech)
PPRO Group listed as future Unicorn Company grows revenue ten-fold in five years Cross-border payments specialist PPRO Group has been included as a potential future Unicorn (US$1bn company) in the ...
Tuesday, 14 March 2017
54. Bank blockchain payments trial ‘a success’
(Card & Payments World | News/Fintech)
Bank blockchain payments trial a success Inter-bank payment initiative to be expanded The Monetary Authority of Singapore (MAS) says the proof-of-concept project it set up to conduct domestic ...
Monday, 13 March 2017
55. Chase buys merchant m-payments tech
(Card & Payments World | News/Mobile)
Chase buys merchant m-payments tech Failed offering will be used to support Chase Pay JPMorgan Chase has agreed to acquire the CurrentC mobile payments technology of the failed MCX consortium of ...
Monday, 13 March 2017
56. ‘Hidden rewards’ card app secures seed funding
(Card & Payments World | News/Loyalty/Marketing)
Hidden rewards card app secures seed funding Start-up releases offering for iOS Sift, a free app intended to maximise credit card benefits and automate the process of claiming "hidden" rewards ...
Friday, 10 March 2017
57. Google invests in x-border payments player
(Card & Payments World | News/Fintech)
Google invests in x-border payments player £20m funding round Cross border payments platform Currencycloud hs secured £20m in funding including a new investment from GV (formerly Google Ventures). ...
Thursday, 09 March 2017
58. SIX sells commercial issuing business
(Card & Payments World | News/Company news)
SIX sells commercial issuing business Company to focus on B2B business and acquiring SIX is selling its commercial prepaid and credit card issuing business in Austria together with issuing support ...
Wednesday, 08 March 2017
59. Major changes at Yandex.Money
(Card & Payments World | News/Company news)
Major changes at Yandex.Money CEO replaced as bank execs join board  Ivan Glazachev, who previously served as the executive director and member of the board at Russian Standard Bank, is joining ...
Tuesday, 07 March 2017
60. Over 100 Norwegian banks join mobile payments alliance
(Card & Payments World | News/Mobile)
Over 100 Norwegian banks join mobile payments alliance Strong contender against Denmarks MobilePay In a response to the growing competition in the mobile wallet space, 100 Nordic banks have formed ...
Friday, 03 March 2017
61. MWC 2017: G&D signs IoT deal with Japanese carrier
(Card & Payments World | News/Company news)
MWC 2017: G&D signs IoT deal with Japanese carrier eSIM solution to accelerate new device onboarding Giesecke & Devrient is supplying NTT DOCOMO with its AirOn eSIM management solution for ...
Wednesday, 01 March 2017
62. Domestic schemes more confident of future prospects
(Card & Payments World | News/Card networks)
Domestic schemes more confident of future prospects Call for increased cross-border collaboration between schemes Domestic payment scheme providers are more confident about their future prospects ...
Wednesday, 01 March 2017
63. MWC 2017: Europe m-payments top €500bn for first time
(Card & Payments World | News/Customer Insight)
MWC 2017: Europe m-payments top 500bn for first time Card share of digital content payments to decline The value of mobile and online physical, virtualised and digital goods sales in Europe passed ...
Tuesday, 28 February 2017
64. MWC 2017: 5G and tokenisation take centre stage
(Card & Payments World | News/Mobile)
MWC 2017: 5G and tokenisation take centre stage Vendors announce major network developments Vendors have wasted no time in promoting their developments for next-generation 5G mobile networks at MWC, ...
Tuesday, 28 February 2017
65. First new UK clearing bank in 250 years
(Card & Payments World | News/Financial Services)
First new UK clearing bank 'in 250 years' Former Worldpay boss says new player will open up access to transaction banking systems The UK market is getting what is claimed to be its first new ...
Tuesday, 28 February 2017
66. MWC 2017: Payments innovation programme expands into Europe
(Card & Payments World | News/Fintech)
MWC 2017: Payments innovation programme expands into Europe Initiative to find the next big thing in payments Visa is expanding its Everywhere Initiative payments innovation programme into Europe. ...
Monday, 27 February 2017
MWC 2017: Software giant and Mastercard link for digital payments Partnership targets rental, restaurant and hospitality sectors Mastercard and Oracle are partnering on a streamlined digital payments ...
Monday, 27 February 2017
68. Airbnb buys social payments provider
(Card & Payments World | News/Company news)
Airbnb buys social payments provider Acquisition targets cross-currency capabilities Airbnb has agreed to buy social payments app provider Tilt. The Tilt app enables group peer-to-peer payments similar ...
Friday, 24 February 2017
69. Creating a German payment champion
(Features/Customer Insight)
Creating a German payment champion Concardis, which has a one-third share of the German payment acquiring market, was recently sold by its bank owners to private equity companies Bain Capital and Advent ...
Friday, 24 February 2017
70. Monzo secures major funding
(Card & Payments World | News/Mobile)
Monzo secures major funding Company also plans new crowdfunding round Mobile-only bank Monzo has completed a new £19.5m investment round with Thrive Capital, Passion capital and Orange Digital ...
Thursday, 23 February 2017
71. EBA sets out full details of final PSD2 standards
(Card & Payments World | News/Regulation)
EBA sets out full details of final PSD2 standards Screen scraping to be banned Remote payment threshold lowered Exemptions for transaction risk analysis An increase in the remote payments threshold ...
Thursday, 23 February 2017
72. Strong authentication: EBA backtracks on key issues
(Card & Payments World | News/Regulation)
Strong authentication: EBA backtracks on key issues Authority sets out major changes to controversial PSD2 requirements The European Banking Authority has revised a number of key aspects of its ...
Wednesday, 22 February 2017
73. Jaguar pay by touchscreen
(Card & Payments World | News/Fintech)
Jaguar pay by touchscreen Partnership with fuel retailer Jaguar has partnered with Shell to enable drivers to use their cars touchscreen to pay for fuel at Shell service stations in the UK. Using ...
Wednesday, 22 February 2017
74. Barclaycard retains TfL contract
(Card & Payments World | News/Company news)
Barclaycard retains TfL contract Deal includes contactless services for new underground line Barclaycard has retained its contract to provide merchant acquiring to Transport for London (TfL) for another ...
Tuesday, 21 February 2017
75. 80% think mobile wallets are secure
(Card & Payments World | News/Fraud and Security)
80% think mobile wallets are secure US and Indian consumers have most faith in ability of organisations to safely store their data Consumers across the globe are more concerned with protecting their ...
Tuesday, 21 February 2017
76. China m-payments hugely outpace US levels
(Card & Payments World | News/Mobile)
China m-payments hugely outpace US levels Value of Chinese transactions more than triples The value of mobile payments in China was nearly 50 times larger than the US in 2016. Chinese consultancy ...
Tuesday, 21 February 2017
77. Thai digital payments platform
(Card & Payments World | News/Fintech)
Thai digital payments platform Bank rollout by end of year Bangkok-based Kasikornbank is reported to be in discussions with several overseas fintech companies to develop a digital payments platform. ...
Tuesday, 21 February 2017
78. EBA to amend strong authentication plans
(Card & Payments World | News/Regulation)
EBA to amend strong authentication plans Authority names date for changes to controversial European proposals The European Banking Authority (EBA) says it will amend its plans for standards on strong ...
Friday, 17 February 2017
79. Visa links with IBM for IoT payments
(Card & Payments World | News/Card networks)
Visa links with IBM for IoT payments Partnership targets estimated 20 billion connected devices Visa has struck a deal with IBM to enable payments via the Internet of Things using IBMs Watson ...
Thursday, 16 February 2017
80. MPE Awards: Double security triumph for PSP
(Card & Payments World | News/Acquiring)
MPE Awards: Double security triumph for PSP Ratepay founder wins Personality prize Barclaycard won two categories at this years Merchant Payments Ecosystem Awards (MPE Awards) in Berlin. The credit ...
Thursday, 16 February 2017
81. MPE Report: Payments and retail face massive disruption
(Card & Payments World | News/Acquiring)
MPE Report: Payments and retail face massive disruption AmazonGo challenges existing retail processes, leaving merchants and acquirers to catch up MPE, the merchant acquiring conference in Berlin ...
Thursday, 16 February 2017
82. Nordic plan to become global fintech hub
(Card & Payments World | News/Fintech)
Nordic plan to become global fintech hub Bank incubators nearly double the rest of Europe Nearly three-quarters (74%) of Nordic banks intend to collaborate with fintech firms in 2017. This is ...
Tuesday, 14 February 2017
83. New FS trade group for the UK
(Card & Payments World | News/Financial Services)
New FS trade group for the UK Former Yellow Pages boss heads up merged new body A new integrated trade association for the UK financial services industry is being formed, to be headed by former ...
Monday, 13 February 2017
84. Apple Pay is most widely accepted wallet
(Card & Payments World | News/Mobile)
Apple Pay is most widely accepted wallet Merchant and consumer awareness remains an issue Apple Pay has the largest percentage of supporting US merchants with 36% now accepting the mobile payment ...
Monday, 13 February 2017
85. Where did Monitise go wrong?
(Card & Payments World | News/Fintech)
Comment: Where did Monitise go wrong? Once high-flying fintech pins its hopes on bank plug-in offering "We disappointed the city. We didn't achieve our financial objectives. There was a decade of ...
Monday, 13 February 2017
86. PayPal introduces payments by bot
(Card & Payments World | News/Online payments)
PayPal introduces payments by bot Voice-activated transactions available in four countries PayPal has launched its first bot in a partnership with workplace messaging app Slack that will enable payments ...
Friday, 10 February 2017
87. M-Wallets struggle with low penetration
(Card & Payments World | News/Mobile)
M-Wallets struggle with low penetration App Store customers unaware of Apple Pay as payment option Mobile wallet transaction value is predicted to quadruple from US$4 trillion this year to US$4 ...
Friday, 10 February 2017
88. GoCardless hit by burglary
(Card & Payments World | News/Fraud and Security)
GoCardless hit by burglary Low-tech crime puts customer data at risk Payment processor GoCardless has suffered a burglary at its London base with 19 laptops containing customer data being stolen. ...
Friday, 10 February 2017
89. Kenya issues social payment card
(Card & Payments World | News/Prepaid)
Kenya issues social payment card Product to access government services Kenyan banks have started issuing the Huduma Card, a prepaid chip and PIN card that enables payments for a range of public ...
Thursday, 09 February 2017
90. Customers trust bank security more than banks
(Card & Payments World | News/Fraud and Security)
Customers trust bank security more than banks Gulf between consumer perceptions and reality Customers have more faith in bank cybersecurity than banks do themselves, according to research from Capgemini. ...
Thursday, 09 February 2017
91. LG may scrap m-payment scheme
(Card & Payments World | News/Mobile)
LG may scrap mobile payments Tech will not be featured on new device Korean smartphone maker LG is considering the future of its LG Pay mobile payment app and may even scrap it according to local ...
Thursday, 09 February 2017
92. France to raise contactless limit
(Card & Payments World | News/Contactless)
France to raise contactless limit Transition to take place in stages The limit for contactless transactions in France is to be raised from Eur20 to Eur30. Domestic card brand Groupement Cartes ...
Wednesday, 08 February 2017
93. Legal threat to blockchain deployments
(Card & Payments World | News/Regulation)
Legal threat to blockchain deployments Regulator warns several issues must be addressed before major FS rollouts Several key legal and governance issues must be addressed before there can be any ...
Wednesday, 08 February 2017
94. Dutch target bitcoin ‘mixers’
(Card & Payments World | News/Regulation)
Dutch target bitcoin mixers Practice disguises origin of transactions Authorities in the Netherlands plan to make bitcoin mixing an indicator of potential money laundering. Bitcoin mixers (also ...
Wednesday, 08 February 2017
95. Beyond Analysis buys out Visa stake
(Card & Payments World | News/Loyalty/Marketing)
Beyond Analysis buys out Visa stake Big data firm becomes autonomous after six years Customer insight company Beyond Analysis is buying out Visa Europes share in its business. The re-purchase ...
Tuesday, 07 February 2017
96. US$700m boost Indonesia digital payments and fintech
(Card & Payments World | News/Fintech)
US$700m boost for Indonesia digital payments and fintech Four-year programme to become biggest digital economy in region Ride-hailing platform Grab is investing US$700m in Indonesia over the next ...
Tuesday, 07 February 2017
Paysafe appoints its first chief marketing officer Former Amazon, PayPal and Betfair CMO joins Digital payments provider Paysafe has appointed Oscar Nieboer as its first chief marketing officer, ...
Tuesday, 07 February 2017
98. Klarna buys online payment provider
(Card & Payments World | News/Company news)
Klarna buys online payment provider Swedish PSP targets Europe expansion Klarna has bought German online payment company BillPay for an undisclosed sum. Sweden-based Klarna says the acquisition, ...
Tuesday, 07 February 2017
99. Trump starts anti-regulation onslaught
(Card & Payments World | News/Regulation)
Trump starts anti-regulation onslaught Review of bank risk legislation ordered US President Donald Trump is taking the first concrete actions in his promised rollback of banking regulations with ...
Friday, 03 February 2017
100. Over 75% of new payments firms use EU passporting
(Card & Payments World | News/Brexit)
Over 75% of new payments firms use EU passporting Firms seek equivalence' to mirror existing regime More than three quarters of new payment firms authorised in the UK since 2009 have used the ...
Friday, 03 February 2017
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