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1 JULY 2016
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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article thumbnail Friday, 01 July 2016

Brexit Friday
There is seemingly no end to the twists and turns of the UK Brexit vote, and after a week of uncertainty the payments industry is no nearer to achieving clarity on what it will mean, especially for cross border business. Here are some of the problem areas. Read more ...

 
     

Latest feature
     
 
ITALY: Country report

Restructuring and sell-offs change payments landscape
Increased confidence boosts card issuance
Charts:
Payment instrument use in Italy by value
Payment cards in use in Italy 2009-2015
Payment instrument use in Italy by volume


Read more ...
 
     
 
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article thumbnail Card & Payments World | News - Customer InsightThursday, 30 June 2016

Hard truths for FIs about their most profitable sector
71 percent of millennials “would rather go to the dentist than listen to what banks are saying.” And 33 percent “believe that [in five years] they won’t need a bank.” Yet this will be the most profitable payments segment very soon.  Read more ...

article thumbnail Card & Payments World | News - Financial ServicesWednesday, 29 June 2016

Brexit – Wednesday
Calm returning as people "get on with it"

When the going gets tough, the ingenious resort to humour and Twitter is perfect for Brexit one liners.
There have been some hilarious quips and it is not surprising.
Read more ...

article thumbnail Card & Payments World | News - RegulationMonday, 27 June 2016

Waking up to post-Brexit Monday

Passporting, PSD2 and Interchange top payments discussion list

The UK is still reeling in shock after the unexpected vote to leave the European Union, but as payments professionals pick themselves up and return to business this morning, it is time to consider the most pressing areas of concern.

Read more ...
article thumbnail Card & Payments World | News - FintechFriday, 24 June 2016

Chinese tycoon builds Lending Club stake
Regulator investigations expand into lending platform's activities Read more ...

article thumbnail Card & Payments World | News - Fraud and SecurityThursday, 23 June 2016

Swift threatens to cut off non-compliant banks
Network sets out new cybersecurity strategy Read more ...

article thumbnail Card & Payments World | News - MobileThursday, 23 June 2016

Microsoft starts NFC wallet payments
New app usable at 1 million retail locations Read more ...

article thumbnail Card & Payments World | News - Social mediaThursday, 23 June 2016

Social payments app moves into China
US$60m funding from Chinese investors Read more ...

article thumbnail Card & Payments World | News - EMVThursday, 23 June 2016

EMV cards increase by 1.4 billion in a year
- Over a third of card present transactions now use EMV
- US adoption rate at 26.4% Read more ...

article thumbnail Card & Payments World | News - Card networksWednesday, 22 June 2016

Visa Inc completes Visa Europe takeover
Visa Europe chairman joins Visa Inc board Read more ...

article thumbnail Card & Payments World | News - MobileWednesday, 22 June 2016

Jiffy extends to in-store payments
Italian P2B service pilots in two cities Read more ...

Card & Payments World | News - PrepaidTuesday, 21 June 2016

Funding: Loot raises £1.5m
Student start-up widens its offering Read more ...

article thumbnail Card & Payments World | News - FintechMonday, 20 June 2016

#NoCashTrip Europe tests reality of cashless society
Denmark is advanced but "the North Sea smells" Read more ...

article thumbnail Card & Payments World | News - MobileMonday, 20 June 2016

Korea m-payments app tops 10m users
Service expands into bill payments Read more ...

Card & Payments World | News - Financial ServicesFriday, 17 June 2016

Funding: Card repayment service secures US$46.7m
Round may reach US$65m in total Read more ...

Card & Payments World | News - Financial ServicesFriday, 17 June 2016

Payments UK calls for better access to payments systems
PSP access a "key driver" for competition and innovation Read more ...

Card & Payments World | News - Financial Services
Card and app to avoid travel charges
Wednesday, 15 June 2016

Card & Payments World | News - Financial Services
Service for fast SME loans
Thursday, 02 June 2016

Card & Payments World | News - Financial Services
Raisin expands across Europe
Wednesday, 01 June 2016

Card & Payments World | News - Online payments
PayPal shuts down in Turkey
Wednesday, 01 June 2016

Card & Payments World | News - Company news
Bango buys BilltoMobile
Monday, 09 May 2016

Card & Payments World | News - Fraud and Security
New PCI data security standard
Friday, 27 May 2016

Card & Payments World | News - Company news
APS gains licence to lend
Wednesday, 25 May 2016

article thumbnail Features - Payment SchemesMonday, 27 June 2016

Why won't M-Pesa work anywhere else?

Mobile money transactions in Sub-Saharan Africa hit US$656m in 2014, and could more than double to US$1.3bn in the next four years, but M-Pesa, which is used by half the Kenyan population seems untransportable to other markets. With the help of Adeniyi Adeyemi of CR2, we ask why?From a standing start in 2007,it is now estimated that over half the population of Kenya use the M-Pesa mobile money service to transact. Yet it was an outright failure in South Africa, and a struggle in most other markets. Read more ...

article thumbnail Features - Payment SchemesWednesday, 06 April 2016

Payments has trouble with descriptions
MERCHANT ACQUIRING REPORT
It used to be fairly straightforward to identify the various parties in payments when mostly it was about cards. There were issuers, merchant acquirers, merchants themselves and of course the end user consumers - but now everything has changed. Read more ...

article thumbnail Features - RegulationThursday, 28 January 2016

Upcoming payments regulation: A checklist
The Second Payments Services Directive and the Interchange Fee Regulation have attracted much of the attention in the payments industry, but there are many regulatory initiatives approaching in Europe that will have global effects on the financial sector. Read more ...

article thumbnail Features - Innovation/TechnologyThursday, 03 December 2015

Disruption, disintermediation and change: Facing up to the challenges
The growth in new and often unexpected technology advances is resulting in a complete mindset change for banks and those tasked with ensuring their survival. Read more ...

Features - RegulationTuesday, 01 December 2015

What cost compliance  under new EU data law?
All companies will be impacted by the General Data Protection Regulation (GDPR) but degree of awareness and cost analysis vary

The EU data law General Data Protection Regulation(GDPR) is due to come into effect in December 2017. The EC intention is to unify data protection within EU with a single law because the current EU Data Protection Directive 95/46/EC does not sufficiently consider important aspects like globalization and technological developments including social networks and cloud computing. Read more ...

article thumbnail Features - Payment SchemesFriday, 02 October 2015

The future of payments: get ready for a shift in network demands
As Visa moves forward its decision to reduce floor limits, what will the change mean for merchants – and what steps should be taken now to avoid chaos later in the year? Article by Kevin Burns of Vodat International. Read more ...

article thumbnail Features - Customer InsightFriday, 25 September 2015

Is it bye bye to banks?
Faced with competition from new FIs, bank-to-bank transfer services, bill-me-later companies, aggregators and bitcoin, how are banks supposed to operate in this new, disjointed world? Read more ...

article thumbnail Features - Mobile/ContactlessFriday, 11 September 2015

Mobile pay - state of play
Apple Pay progress so far, and latest from Samsung Pay, Android Pay, Google and Zapp

It is almost a year since Apple launched Apple Pay to a welcoming US market, on October 20, 2014. Here are some figures which chart its progress and an overview of the other contending mobile payments giants. Read more ...

article thumbnail Features - Fraud and SecurityTuesday, 25 August 2015

The balancing act: Ensuring payment security and ease of use
The dramatic surge of emerging payments methods has led to the sense of a "Wild West" in terms of online payment security. Can behavioural biometrics provide a solution? Read more ...

article thumbnail Features - Innovation/TechnologyWednesday, 22 July 2015

Two clear trends for payments opportunity - not centred on retail
P2P lending and mobile money transfers hit new highs

It is often all too easy to miss the obvious when looking for a business opportunity. Read more ...

article thumbnail Features - Innovation/TechnologyTuesday, 14 July 2015

The Future of Payments: How close is a truly open system?
Choice is key in the new payments landscape, but customers (and merchants) face an array of new offerings they must choose whether to utilise. What is the place of the established bank and network players in this new order, and are they truly committed to opening up payments? Read more ...

article thumbnail Features - Reports/DataTuesday, 30 June 2015

Denmark country report: Plan to ban cash hits the buffers
- Change of government causes postponement of initiative
- M-payments: Danske Bank Plans plans to develop MobilePay system into a national standard that can incorporate other systems at the point of sale
- Tables and market data Read more ...

article thumbnail Features - LoyaltyMonday, 01 June 2015

Merchant funded loyalty: Banks choose creativity over rewards cull
- End of one size fits all leads to some big new ideas
- Interchange by another name?
- What card payments can learn from the Groupon model
- Business as usual for Amex while others take stock
- Consumers will switch for points Read more ...

article thumbnail Features - Customer InsightTuesday, 14 April 2015

Asia drives global SIM market growth
- Full report and worldwide figures
- 11% increase in 2014 shipments
- NFC units increase by nearly 70%
- China is largest LTE SIM market
- Nano SIMs expand in western Europe, North America and China
Read more ...

article thumbnail Features - Mobile/ContactlessTuesday, 10 March 2015

Mobile World Congress 2015 Report
*Competing standards muddy route to IoT security
*GSMA responds to cybersecurity threat
*Focus on IoT for entertainment
*IMC examines the business case for IoT
*The difference between IoT and M2M
*Payments and smart wearables
Read more ...

Features - Data SecurityThursday, 19 February 2015

PCI DSS 3.0 guidelines catching some offguard
The new PCI DSS 3.0 guidelines have changed data security responsibilities and requirements for some ecommerce merchants and third party payment service providers. Michael Aminzade of Trustwave sets out the key issues that must be addressed. Read more ...

article thumbnail Features - LoyaltyMonday, 02 February 2015

Crossborder barrier to mobile money
Mobile remittances are growing rapidly in domestic markets, but the challenge is how to expand crossborder. Read more ...

article thumbnail Features - Reports/DataFriday, 28 November 2014

The Most Influential People in Payments -
The first ten of our top 100 now published Read more ...

article thumbnail Features - Mobile/ContactlessThursday, 13 November 2014

What is a mobile payment? Industry struggles to achieve consensus
The lack of clarity in agreeing on what should be counted as a “mobile payment” means it is difficult to find standardised and reliable data, and this is likely to remain a problem going forward. Read more ...

Features - Mobile/ContactlessMonday, 27 October 2014

Mobile Payments and Banking: The Five Crucial Areas
UK regulator the FCA has identified five primary areas for firms developing mobile financial products and services that are crucial in influencing consumer success and uptake. Roger Davies of EA Change Group assesses the implications for payments providers. Read more ...

article thumbnail Features - Mobile/ContactlessThursday, 18 September 2014

Apple payments launch: Comment & analysis
- Rollout is a "game changer" for NFC
- What will merchants pay?

- Visa Europe declines to put date on rollout beyond US
- Apple Pay transactions may need new regulations and fee structure
- Security an issue after iCloud fiasco Read more ...

article thumbnail Features - LoyaltyWednesday, 17 September 2014

Exclusive: Fitting the merchant piece into the loyalty jigsaw
After the Collinson Group, the umbrella organisation that contains ICLP and Collinson Latitude, has acquired Welcome Real-time, Christopher Evans of the Collinson Group explains the reasons behind the acquisition. Read more ...

Features - RegulationWednesday, 13 August 2014

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 ...

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 ...

 
     
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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