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17 SEPTEMBER 2014






















Card & Payments World is 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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article thumbnail Wednesday, 17 September 2014

Exclusive:
Fitting the merchant piece into the loyalty jigsaw

Christopher Evans explains why the Collinson Group bought Welcome Real-time Read more ...

 
     

Latest feature
     
 
PAD – Joy for the unbanked but torment for the payments industry?

The EU's newly-approved Payment Accounts Directive (PAD) is designed to tackle financial exclusion, but it has much wider implications for the European payments industry. Roger Davies, principal consultant at EA Change Group, assesses its likely effects.
Read more ...
 
     
 
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Card & Payments World | News - Social mediaWednesday, 17 September 2014

Twitter tests Buy button
Can it gain traction outside US? Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityWednesday, 17 September 2014

Mobile fraud losses outstrip other channels
Merchant cost is US$334 for every US$100 of loss
Read more ...

article thumbnail Card & Payments World | News - MobileTuesday, 16 September 2014

Walmart snubs Apple and starts US payments battle
Retailers shut out NFC from stores Read more ...

article thumbnail Card & Payments World | News - Company newsTuesday, 16 September 2014

Collinson Group buys Welcome Real-time
Acquisition to strengthen payments and loyalty offering Read more ...

Card & Payments World | News - Loyalty/MarketingTuesday, 16 September 2014

Amex and Santander launch Mexico rewards card
Card offers insurance and interest free instalment payments Read more ...

Card & Payments World | News - ContactlessTuesday, 16 September 2014

London contactless payments to reach £2bn this year
Technology rolls out across capital’s transport network Read more ...

Card & Payments World | News - Company newsMonday, 15 September 2014

Monitise posts increased loss
Company attributes results to greater investment Read more ...

article thumbnail Card & Payments World | News - ContactlessMonday, 15 September 2014

How will Apple payments launch affect contactless in Europe?
Q&A on prospects in the region with Visa Europe's head of mobile proposition Pedro Sousa
Network predicts 500m UK contactless payments
Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityFriday, 12 September 2014

Online card and banking fraud soars
Fraudsters in UK increase focus on getting individual personal details Read more ...

Card & Payments World | News - Company newsFriday, 12 September 2014

Gemalto launches m-payment hub offering
Single connection to deploy digital services Read more ...

Card & Payments World | News - Customer InsightFriday, 12 September 2014

Mobile security
Privacy threatens huge smartphone potential for biometrics

The potentially huge uptake of biometrics for payments in smartphones is threatened by privacy concerns among mobile users, according to a new report by Frost & Sullivan. Read more ...

article thumbnail Card & Payments World | News - InterchangeThursday, 11 September 2014

MasterCard loses interchange appeal
End of seven-year fight
Separate decision on access to EC papers means network may still have another means to challenge fee cap Read more ...

Card & Payments World | News - Corporate cardsThursday, 11 September 2014

PayPal confirms bitcoin plans
High-profile move into mainstream for virtual currency Read more ...

Card & Payments World | News - MobileThursday, 11 September 2014

Vodafone to launch UK NFC wallet
Service will work at 300,000 POS devices Read more ...

Card & Payments World | News - ContactlessWednesday, 10 September 2014

MasterCard sets 2020 ‘deadline’ for Europe merchants to accept contactless
Czech Republic and Poland have earlier date Read more ...

Card & Payments World | News - Social media
Twitter tests Buy button
Wednesday, 17 September 2014

Card & Payments World | News - Fraud and Security
Mobile fraud losses outstrip other channels
Wednesday, 17 September 2014

Card & Payments World | News - Company news
Monitise posts increased loss
Monday, 15 September 2014

Card & Payments World | News - Fraud and Security
Online card fraud soars
Friday, 12 September 2014

Card & Payments World | News - Interchange
MasterCard loses interchange appeal
Thursday, 11 September 2014

Card & Payments World | News - Corporate cards
PayPal confirms bitcoin plans
Thursday, 11 September 2014

Card & Payments World | News - Fraud and Security
The Home Depot reveals details of POS breach
Tuesday, 09 September 2014

Card & Payments World | News - Company news
JCB partners with Cambodia bank
Friday, 05 September 2014

Card & Payments World | News - Mobile
Isis announces new name
Thursday, 04 September 2014

Card & Payments World | News - Fraud and Security
Latest retail breach may be bigger than Target
Wednesday, 03 September 2014

Card & Payments World | News - Fintech
FIS buys fintech provider
Wednesday, 03 September 2014

Card & Payments World | News - Financial Services
Amazon poaches Visa credit card boss
Friday, 29 August 2014

Jobs & People - Jobs & People
Klarna appoints new director
Wednesday, 20 August 2014

Jobs & People - Jobs & People
PAY.ON appoints Schweiger as COO and CFO
Tuesday, 02 September 2014

Events - General
Mondato Summit Asia
Friday, 05 September 2014

Events - General
Innovation Excellence 2014
Tuesday, 16 September 2014

Events - General
Shared Services Centers
Tuesday, 16 September 2014

article thumbnail Features - Mobile/ContactlessThursday, 10 July 2014

The future of POS is mobile, but what is mPOS?
– A variety of definitions but clarity on the issue of who is driving the payments space: the consumer
– Visa blamed for mPOS delays
– PayPal admits it is a card scheme competitor Read more ...

article thumbnail Features - EMVTuesday, 10 June 2014

US EMV Report: Small merchants not ready
With the EMV liability shift set for October 2015, just one in five US small merchants is chip-enabled
Full report featuring interviews with experts and comprehensive market data Read more ...

article thumbnail Features - Mobile/ContactlessWednesday, 09 April 2014

Over half of airlines plan to offer m-payments
–71% of carriers believe the future of airline payments is via mobile

– Channel identified by airlines as a key area of growth and is increasingly used to compete for travellers
Read more ...

article thumbnail Features - RegulationFriday, 14 March 2014

Crossborder interchange to mirror domestic
European Parliament gets closer to turning payments proposal into law

Interchange on crossborder and domestic transactions is to be set at the same level, if the expected yes vote by the European Parliament later this month turns the draft regulation into law. Read more ...

article thumbnail Features - Mobile/ContactlessMonday, 03 March 2014

Mobile World Congress - all a matter of logistics and statistics
The impact of the mobile device on every aspect of our lives can't be overestimated. But where payments will fit in is still under debate. Annich McIntosh visits Barcelona for the Mobile World Congress to report on the mobile big picture.
Read more ...

Features - Innovation/TechnologyFriday, 14 February 2014

Bankers out in force to hear technologists present their ideas
Toshl, Vaamo and LifePay are among the attention grabbers as fintech innovators connect with banks in London.
Report from Finovate Europe Read more ...

article thumbnail Features - LoyaltyThursday, 06 February 2014

Read more ...

Features - Innovation/TechnologyMonday, 03 February 2014

Wincor World - planning for tomorrow
The first in a series of articles to be published this week reporting on the Wincor World 2014 technology exhibition just held in Germany.

Today: Wincor Nixdorf moving into a software world - Interview with Wincor CTO Reinhard Rabenstein Read more ...

article thumbnail Features - Mobile/ContactlessWednesday, 29 January 2014

120 mobile wallets and counting
Global database of wallet offerings
Depending on how you define it, there could be 170 or more mobile wallet offerings currently available around the world. Card & Payments World presents a comprehensive database of 120 of the more credible contenders with information on the most interesting and established initiatives. Read more ...

article thumbnail Features - LoyaltyFriday, 20 December 2013

2014 predictions for Cards and Payments
We have asked some expert industry soothsayers to predict what the major developments will be in the industry over the next year - and they came up with some fascinating answers…… Read more ...

article thumbnail Features - Payment SchemesWednesday, 11 December 2013

Exclusive:  Visa Europe votes on its future
Sale to Visa Inc or go it alone?December 13 is decision day for the board of Visa Europe to take what is expected to be the first consensus vote on whether this association, currently owned by its member banks, should give up its association status and sell to Visa Inc. Read more ...

Features - Mobile/ContactlessMonday, 09 December 2013

Cartes 2013 Report: mPOS growth defies traditional theories
Cartes in Paris provides a useful barometer of the state of the card and payments business. This year there was a strong focus on mobile, especially mPOS development which is accelerating at a speed that is leaving even hardened payments professionals excited and breathless. Read more ...

article thumbnail Features - Customer InsightTuesday, 26 November 2013

Greece Country Report: Tackling a Challenging Market
– Credit card market down 51.6% in five years
– "Still good prospects for card business" says Eurobank
– Payments market data and analysis Read more ...

article thumbnail Features - Innovation/TechnologyWednesday, 06 November 2013

The Internet of Things and where humans fit in
If the internet malfunctions, will it be possible to turn it off?

And why is this the wrong question?
Read more ...

article thumbnail Features - Fraud and SecurityFriday, 25 October 2013

PCI: Passwords and third party processors pose biggest challenge
Twin threats to card data security.

Interview with Jeremy King, European director of the PCI Security Standards Council (PCI SSC).

Read more ...

article thumbnail Features - Mobile/ContactlessTuesday, 22 October 2013

How NFC will become the way to pay
NFC is the only global standard for proximity payments and it will become ubiquitous, says Kalixa’s Colin Swain, who argues that delays in using the technology will only lead to fragmented alternative solutions that are barriers to scale. Read more ...

Features - Data SecurityMonday, 30 September 2013

The last rites of traditional IT security – What is PCI DSS really all about?
Anti-virus (AV) software - a standard weapon against internet threats for two decades - is not just fallible, it is fighting the wrong battle; it is time to wake up to new reality and implement a truly effective line of defence argues Mark Kedgley, CTO of New Net Technologies. Read more ...

article thumbnail Features - Innovation/TechnologyThursday, 05 September 2013

Special report on the Internet of Things (M2M)
US government finds missile use for IoT technology

The Internet of Things is of crucial importance to those in the smart device and smart payments businesses, because the interaction of devices will be a core element of most businesses – and it is going to happen quite soon.
Read more ...

article thumbnail Features - Innovation/TechnologyFriday, 30 August 2013

PayPal face recognition: innovation or industry flop?
PayPal's new photo-based payments system may end up being just a nice gimmick rather than a payments game changer, argues Sascha Breite of SIX Payment Services. Read more ...

article thumbnail Features - RegulationWednesday, 07 August 2013

What are the implications of PSD2?
Card & Payments World talks to industry experts and assesses the impact of the EC's new consumer-focused Payment Services Directive 2, which contains an interchange cap, more consumer protection, and greater regulation for new players Read more ...

article thumbnail Features - LoyaltyTuesday, 09 July 2013

Special Bitcoin round-up
Bitcoin wallet links to M-Pesa - now this is getting serious.
Article by Annich McIntosh
Also ...
Employee fired for using company capability for Bitcoin mining;
First Bitcoin criminal arrested;
Established ecommerce site now accepting Bitcoins;
Micropayment tipping system;
Flattr adds Bitcoin support;
How to buy Bitcoins

Read more ...

article thumbnail Features - Reports/DataWednesday, 03 July 2013

Credit card numbers up for first time since 2004
2012 data from The UK Cards Association:
- 73% of UK retail spending on cards
- Debit card numbers up by 2.3 million
- Credit card numbers up by 1.9 million

- 205 debit card transactions per person a year

Read more ...

article thumbnail Features - Mobile/ContactlessThursday, 16 May 2013

NFC - Within touching distance?
Opinions are mixed as to the potential of NFC for payments beyond fast food and transit. Neal Michie of NFC specialist Helixion argues that, although the technology is not quite there yet, real world deployments are getting very close. Read more ...

article thumbnail Features - ManufacturingThursday, 02 May 2013

Pressure on terminal manufacturers as merchant requirements change
VeriFone’s CEO and CFO have left, a class action is being threatened by investors, and its share price has had a rocky ride following a profit warning. Read more ...

Features - Data SecurityTuesday, 09 April 2013

PCI Compliance – What every card-accepting call centre should know
The buck for payment card security stops with the merchant, but many businesses are unaware they will be the ones receiving the fine even if the breach occurs at a third party. Article by Rob Crutchington, director of payments solutions company Encoded. Read more ...

article thumbnail Features - Mobile/ContactlessTuesday, 19 March 2013

Exclusive: Payment start-up captivates audience with no fee proposition
London launch on March 20 for m-payments offering Read more ...

Features - Mobile/ContactlessTuesday, 05 March 2013

Can UK Payment Council mobile scheme succeed?
Can the UK Payment Council's proposed m-payments scheme succeed against stiff competition perceived as more cutting edge and efficient? Closer connectivity is vital, says Eddie Wiseman, director of financial services EMEA at Equinix. Read more ...

Features - Customer InsightThursday, 07 February 2013

Payments, processing and partnerships – the new era of acquiring
Acquirers are under increasing scrutiny and pressure from merchants. Changing needs such as the increasing use of mobile devices by consumers are causing a payments shake-up. Where does this leave acquirers, asks Bernhard Lachenmeier, head of products and marketing, SIX Payment Services. Read more ...

article thumbnail Features - PrepaidThursday, 31 January 2013

How is the prepaid business doing?
Growth predicted for 2013
Nearly 100 processors on a growing list
Industry "yet to realise its potential"
Regulation is a moving target
Buoyant prepaid luncheon vouchers market
Read more ...

Features - Mobile/ContactlessTuesday, 22 January 2013

Retailers to play a major role in payments “within five years”
Merchants will almost certainly be running m-payment networks of their own and will challenge the existing ecosystem, says Michael Kuemmerle, group executive, Mobile Security at Giesecke & Devrient. Read more ...

article thumbnail Features - Mobile/ContactlessThursday, 10 January 2013

PayPal – In defence of a non-NFC approach
“I don’t want to rubbish NFC but….”

PayPal's Patrick Gauthier says the reality of the technology has yet to match the hype

Read more ...

Features - Customer InsightTuesday, 18 December 2012

Why banks should learn from Apple
New whitepaper from TSYS recommends a multi-channel approach

Banks should learn from the Apple example and employ both a Bank 1.0 (face to face) and a Bank 2.0 (online) approach in order to meet evolving customer expectations. Read more ...

article thumbnail Features - Mobile/ContactlessMonday, 03 December 2012

Amex calls for mobile standards
Networks should act as "leaders" to ensure interoperability

American Express has sent out a strong message asking for common standards and ubiquity in mobile payments and especially in mobile wallets, to protect investment in existing networks.

Read more ...

article thumbnail Features - RegulationMonday, 03 September 2012

A Sixpack for Payments (Part 1)
The EC can achieve its Europe 2020 objectives of opening up the payments business to competition from outside the banking sector by looking at six key areas, argues Leon Dhaene, a payment consultant and member of the EC Payment Market Expert Group.

Read more ...

article thumbnail Features - Mobile/ContactlessWednesday, 01 August 2012

Contactless Payments - Winning Gold?
In 2007 the UK Payments Council agreed that credit and debit cards would include contactless technology. Despite this, contactless is yet to go mainstream. Could the Olympics be a turning point?

Article by Ben Snowman, Jens Baumgarten, Georg Wuebker of Simon-Kucher & Partners.
Read more ...

article thumbnail Features - Mobile/ContactlessWednesday, 18 July 2012

Taking on the challenge of European x-border payments
David Yates, new CEO of VocaLink, believes that ACH providers can work together to form a payment network across Europe. If he succeeds, he will provide non-interchange account-to-account payment capability that could challenge the dominance of Visa and MasterCard. Read more ...

article thumbnail Features - Mobile/ContactlessThursday, 28 June 2012

More questions than answers as the industry looks to the future
“If you are not in mobile, you won’t be in payments”

If there was one clear message from this week’s Future of Cards and Payments conference, it is that there is a lack of a clear pathway to tomorrow.
Read more ...

article thumbnail Features - RegulationTuesday, 15 May 2012

A long hot summer for European payments?
Card & Payments World reported on May 8 that emotions were high and tempers frayed during the European Commission’s digital payments conference in Brussels. The EC wants to bring order to what it sees as a chaotic and malfunctioning payments landscape – if necessary with regulation.

In this first of a series of articles, Leon Dhaene, a member of the EC Payment Systems Market Expert Group and a consultant to many of the interested parties, gives us his take on what happened at the meeting that is going to be instrumental in shaping the future of European payments.
Read more ...

article thumbnail Features - Customer InsightThursday, 03 May 2012

Has customer control made banks vulnerable?

An interview on the future payment risk challenges for banks was clearly going to be interesting. Especially as India-based Sriram Natarajan has 21 years’ experience working for among others Amex, HSBC and GE Money. What was unexpected and hugely thought provoking was his take on how enabling the customer to choose how they access their accounts has in itself made banks vulnerable.
Read more ...

article thumbnail Features - Mobile/ContactlessTuesday, 03 April 2012

Contactless hack raises question of trust

Media stories are nothing new but can scare already nervous customers

The recent publicity over the hacking of personal details on Barclaycard contactless cards has highlighted the issue of customer trust in the technology. Read more ...

Features - LoyaltyFriday, 23 March 2012

Preoccupied banks forgetting about their customers
Banks and service providers are preoccupied with discussions about new technology and products, bonuses, fee structures, buyouts and mergers. Aren’t they forgetting someone? Article by Jonathan Marcus of Peppers & Rogers. Read more ...

article thumbnail Features - EMVWednesday, 14 March 2012

The rocky road to EMV: Why the US may finally be giving in
The US currently accounts for 47% of global payment card fraud. This and other factors may belatedly be convincing the country of the need for Chip, says Guy Weber, risk manager at SIX Card Solutions. Read more ...

Features - Mobile/ContactlessWednesday, 29 February 2012

"Don’t wait too long before committing to NFC” warns MasterCard’s Lambert
Unprecedented change raises stakes for banks
The card and payments business is currently facing massive uncertainty and nowhere is this being experienced more acutely than in the processing and acquiring business.
Read more ...

article thumbnail Features - ManufacturingFriday, 24 February 2012

Mobile and the future of plastic
With numerous mobile and NFC payments initiatives taking place around the world – from Isis and the Google Wallet in the US to France’s NFC city rollouts - we ask industry players what the future holds for the plastic card. Read more ...

article thumbnail Features - ManufacturingMonday, 30 January 2012

Making sense of major changes
Comprehensive round-up and analysis of the latest mergers, acquisitions, deals and changes in the global card and payments industry over the last year. Who bought who, when, for how much, and what does it mean for the industry? Read more ...

article thumbnail Features - Mobile/ContactlessWednesday, 25 January 2012

Mobile wallet offerings go head to head
Significant recent moves in m-payments as major players such as Google, PayPal and Isis line up their mobile wallet offerings against those that are being planned by the payment networks and banks
Read more ...

article thumbnail Features - Mobile/ContactlessThursday, 05 January 2012

Where to put the NFC secure element?
While some claim it does not matter where the NFC secure element is located - in the handset, SIM or microSD card - there are others who say the lack of standardisation is a barrier to widespread deployment of NFC payments
.
Read more ...

article thumbnail Features - Mobile/ContactlessWednesday, 30 November 2011

Russia leads Europe in m-payments usage
Emerging payments report
MasterCard Worldwide has revealed the findings of its ‘Tech Nation’ poll, revealing which European countries are leading the way with new payment technologies such as mobile and contactless.

Read more ...

Features - RegulationWednesday, 30 November 2011

SEPA - It's complicated!
SEPA was described as an “unstoppable train” by Narinda Viguier, head of strategy and interbank relations, global transactions division for Credit Agricole. But how will the Eurozone debt crisis affect payments market harmonisation? Bob Lyddon, MD of IBOS Banking Association, gives his views. Read more ...

article thumbnail Features - Mobile/ContactlessTuesday, 18 October 2011

Special NFC report: NXP takes advantage of dominant NFC position
Supplying 65% of NFC chips in NFC enabled terminals, chip manufacturer NXP has a strategically important position in the development of the secure mobile communications protocol. It was a joint developer of NFC in 2002 and has been an active member of the NFC Forum since them. Read more ...

 
     
Do you want to know more about what is going on in mobile payments, payments using cards, online payments, the advanced IC business, or to get a handle on how technology is changing just about everything in our daily lives? Card & Payments World will keep you up to date with payments, and it will fill in your technology gaps so you understand the big picture.
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