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18 AUGUST 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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201. PayPal announces first UK Here partners (Card & Payments World \| News/Mobile) PayPal announces first UK Here partners SDK providers integrate with small business mPOS offering PayPal has announced the first 8 partners in the UK to adopt the SDK (software developers kit) for ... Friday, 11 March 2016 202. Cash decline to hit banks and boost fintechs (Card & Payments World \| News/Fintech) Cash decline to hit banks and boost fintechs Branches to disappear in five years, predict banking execs Bank executives say they will be badly affected by a dramatic decline in the use of ... Friday, 11 March 2016 203. PSR: Banks could keep minority stake in VocaLink (Card & Payments World \| News/Regulation) PSR: Banks could keep minority stake in VocaLink Regulator outlines alternatives for future payments infrastructure ownership The UK Payments Systems Regulator says banks must sell off their controlling ... Thursday, 10 March 2016 204. 90% of businesses have invested in contactless projects (Card & Payments World \| News/Contactless) 90% of businesses have invested in contactless projects Results from survey of major European banking, retail, telco and transport providers Nine out of ten business leaders say they have already ... Thursday, 10 March 2016 205. Turkish epayments provider signs database deal (Card & Payments World \| News/Fintech) Turkish epayments provider signs database deal Backup platform to protect against system failures Turkey-based internet payments provider izyco has partnered with Swedish company Severalnines to ... Wednesday, 09 March 2016 206. US EMV: Change is happening…slowly (Card & Payments World \| News/EMV) US EMV: Change is happening…slowly US merchants are migrating to EMV technology, but slightly more slowly than predicted. Payments consultant The Strawhecker Group estimates that 37% (3.95 million) ... Wednesday, 09 March 2016 207. US banks fight back with instant payments (Card & Payments World \| News/Financial Services) US banks fight back with instant payments P2P system rolls out to take on tech rivals Major US banks have started rolling out an instant payments system to combat the rapidly expanding market share ... Wednesday, 09 March 2016 208. Rapid uptake of contactless in France (Card & Payments World \| News/Contactless) Rapid uptake of contactless in France Transactions more than double The French payment cards market saw a major spike in contactless payment levels in 2015, with transactions more than doubling.  ... Wednesday, 09 March 2016 209. CEO Wagner ousted from Powa (Card & Payments World \| News/Company news) CEO Wagner ousted from Powa Two units sold off at fallen payments unicorn Dan Wagner has been removed from the board of collapsed payments and eCommerce company Powa Technologies. Former CEO Wagner's ... Tuesday, 08 March 2016 210. Acquiring M&As: Four acquisitions announced in last quarter (Card & Payments World \| News/Acquiring) Acquiring M&As: Four acquisitions announced in last quarter Companies confident 2016 will see further expansion US-based payment acquirers announced four acquisitions in the industry during ... Tuesday, 08 March 2016 211. Jordan awards contract for citizen ID programme (Card & Payments World \| News/Identity) Jordan awards contract for citizen ID programme National project to improve security and cut electoral fraud Jordan has awarded Gemalto the contract to supply cards for the country's new citizen ID ... Tuesday, 08 March 2016 212. Visa and MasterCard grow as debit brands decline (Card & Payments World \| News/Card networks) Visa and MasterCard grow as debit brands decline Networks account for 85% of European cards Visa and MasterCard brands collectively account for 86% of all European payment cards. Visa holds the ... Tuesday, 08 March 2016 213. VocaLink: Banks may try to hang on to some of operation (Card & Payments World \| News/Fintech) VocaLink: Banks may try to keep some of operation Regulator seeks payments platform sell-off, but could balk at MasterCard bid Exactly how UK payments infrastructure provider VocaLink will be sold ... Tuesday, 08 March 2016 214. BBVA buys digital banking startup (Card & Payments World \| News/Company news) BBVA buys digital banking startup Latest acquisition in Spanish bank's "digital transformation process" BBVA has bought Finnish online banking start-up Holvi for an undisclosed sum. Holvi, founded ... Monday, 07 March 2016 215. Acquiring awards demonstrate achievements in connectivity (Card & Payments World \| News/Acquiring) Acquiring awards demonstrate achievements in connectivity The Merchants Payment Ecosystem Awards (MPE) recognise the outstanding role of card acquirers, processors, PSPs and solution providers.  ... Monday, 07 March 2016 216. Breaking News: MasterCard 'planning VocaLink bid' (Card & Payments World \| News/Company news) Breaking News: MasterCard 'planning VocaLink bid' Potential takeover would shake up UK payments system MasterCard is reported to be planning a bid for the bank-owned UK payments infrastructure ... Thursday, 03 March 2016 217. Bus network rolls out mPOS system in six countries (Card & Payments World \| News/Corporate cards) Bus network rolls out mPOS system in six countries Solution replaces four million paper tickets The Big Bus company is deploying an mPOS ticketing system on its network in Dubai, Hong Kong, Vienna, ... Thursday, 03 March 2016 218. NFC adoption: Merchants must take the reins (Card & Payments World \| News/Corporate cards) NFC adoption: Merchants must take the reins 3 keys to mobile NFC payments success Merchants with NFC-enabled POS need to be much more proactive in getting consumers to use the technology for payments. ... Thursday, 03 March 2016 219. MWC: What has changed for payments? (Card & Payments World \| News/Fintech) MWC: What has changed for payments MWC is such a massive event that, even if you were there, there is plenty you will have missed. A number of major themes and advances in technology emerged this year ... Wednesday, 02 March 2016 220. Wirecard launches new form Visa card in Germany (Card & Payments World \| News/Prepaid) Wirecard launches new form Visa card in Germany First Visa SimplyOne card competes in MasterCard market A new prepaid Visa card from Wirecard has been launched in Germany that combines the functionality ... Wednesday, 02 March 2016 221. WEF says fintech could bridge US$2 trillion SME funding gap (Card & Payments World \| News/Fintech) WEF says fintech could bridge US$2 trillion SME funding gap Nearly half of small business do not have sufficient access to credit Fintech startups in P2P lending and small business crowdfunding are ... Tuesday, 01 March 2016 222. European law firm to accept Bitcoin payments (Card & Payments World \| News/Regulation) European law firm to accept Bitcoin payments New technologies including crowdfunding will be "catalyst for social and economic transformation" European law firm Ramparts intends to prove the efficacy ... Tuesday, 01 March 2016 223. Andy Murray invests in startups by crowdfunding (Card & Payments World \| News/Fintech) Andy Murray invests in startups by crowdfunding Tennis star supports five companies Tennis star Andy Murray has made high profile investments in start-ups through crowd funding firm Seedrs. This ... Tuesday, 01 March 2016 224. Wirecard buys payment processor (Card & Payments World \| News/Company news) Wirecard buys payment processor Second acquisition in a month for German company Wirecard has acquired all shares of Romanian payment processor Provus Group for Eur32m. Provus has 114 employees ... Tuesday, 01 March 2016 225. Apple and Samsung account for 70% of new m-payments customers (Card & Payments World \| News/Mobile) Apple and Samsung account for 70% of new m-payments customers HCE models to be widely deployed by banks The number of consumers making contactless payments via their mobile handsets will reach ... Tuesday, 01 March 2016 226. EC publishes Safe Harbour/Privacy Shield legal details (Card & Payments World \| News/Regulation) EC sets out Safe Harbour/Privacy Shield legal details Critics claim fundamental problems with US-Europe data sharing deal have not been solved The European Commission has published the legal texts ... Monday, 29 February 2016 227. Android Pay set for UK launch (Card & Payments World \| News/Mobile) Android Pay set for UK launch Google system poised to joint highly competitive m-payments market Google is reported to be planning a UK launch for its Android Pay NFC mobile payments service at the ... Monday, 29 February 2016 228. 100 million new mobile money accounts in 2015 (Card & Payments World \| News/Customer Insight) 100 million new mobile money accounts in 2015 Global data shows rapidly expanding industry The number of mobile money accounts increased to 411 million in 2015, an increase of nearly 100 million ... Monday, 29 February 2016 229. UnionPay accounts for 70% of Asia-Pacific card spend (Card & Payments World \| News/Corporate cards) UnionPay accounts for 70% of Asia-Pacific card spend Region makes up nearly half of global total The value of card payments in Asia-Pacific grew by 25% in 2014 to reach US$9.0 trillion, accounting ... Monday, 29 February 2016 230. Data security “must be a priority” (Card & Payments World \| News/Fraud and Security) Data security “must be a priority” Don’t leave compliance to the new rules to the IT department warns PCI Security Council's Jeremy King Payments professionals at this year’s Merchant Payments Ecosystem ... Monday, 29 February 2016 231. JCB expands into Azerbaijan (Card & Payments World \| News/Company news) JCB expands into Azerbaijan Acquiring deal with local bank JCB International has started merchant acquiring operations with the International Bank of Azerbaijan (IBA). The partnership will see JCB ... Friday, 26 February 2016 232. RBC plans blockchain payments and loyalty (Card & Payments World \| News/Fintech) RBC plans blockchain payments and loyalty Two projects in development with startup Royal Bank of Canada is developing a new proof of concept for distributed ledger-based crossborder remittances ... Friday, 26 February 2016 233. Disruption and innovation ahead for P2P mobile money transfers (Card & Payments World \| News/Mobile) Disruption and innovation ahead for P2P mobile money transfers Domestic transfers to eclipse international remittances The global user base for person-to-person (P2P) mobile money transfers will ... Friday, 26 February 2016 234. Zapp will definitely launch in 2016, says CCO (Card & Payments World \| News/Financial Services) Zapp will definitely launch in 2016, says CCO The long overdue launch of Vocalink’s Zapp Pay by Bank payments method "won’t be tomorrow, but it will be in 2016". This is the promise from new CCO Stuart ... Friday, 26 February 2016 235. Direct from MWC: Five new markets for M-Pesa (Card & Payments World \| News/Mobile) Direct from MWC: Five new markets for M-Pesa Partnership with money transfer hub Mobile money system M-Pesa has partnered with payment and money transfer hub HomeSend that will give it entry into ... Thursday, 25 February 2016 236. Direct from MWC: Stripe lets foreign businesses register in US (Card & Payments World \| News/Online payments) Direct from MWC: Stripe lets foreign businesses register in US Company bids to become more accessible to non-US startups Online payments company Stripe has unveiled a tool that lets foreign startups ... Thursday, 25 February 2016 237. Banks told to sell VocaLink stakes (Card & Payments World \| News/Regulation) Banks told to sell VocaLink stakes Move will increase competition and regulation, claims regulator Banks have been told they should sell part of their stakes in UK payments infrastructure provider ... Thursday, 25 February 2016 238. Droplet seeks more investment via crowdfunding (Card & Payments World \| News/Mobile) Droplet seeks more investment via crowdfunding Funding to be used to increase UK coverage Mobile loyalty and payments start-up Droplet is seeking an extra £450,000 in funding via the CrowdCube crowdfunding ... Wednesday, 24 February 2016 239. MWC comment: Next Biometrics results raise interesting questions on funding (Card & Payments World \| News/Fintech) MWC comment: Next Biometrics results raise interesting questions on funding Acceptable level of false positives remains an illusive issue You may have noticed a ramping up of interest in biometrics ... Wednesday, 24 February 2016 240. Russian credit health stabilises (Card & Payments World \| News/Customer Insight) Russian credit health stabilises Delinquent card and loan figures show signs of recovery The deteriorating credit performance of Russian consumers has stabilised following a four-year slide. The ... Wednesday, 24 February 2016 241. Direct from MWC: Visa extends tokens to cars (Card & Payments World \| News/Company news) Direct from MWC: Visa extends tokens to cars Offering to enable car-based commerce Visa Inc is extending its Token Service to auto manufacturers to enable in-car payments. The Token Service authorises ... Wednesday, 24 February 2016 242. Direct from MWC: Payments by selfie….and heartbeats (Card & Payments World \| News/Fintech) Direct from MWC: Payments by selfie….and heartbeats Network develops new forms of authentication MasterCard is launching its "selfie pay" system in 14 countries by mid-year, and also plans to develop ... Wednesday, 24 February 2016 243. Regulators crack down on card surcharges (Card & Payments World \| News/Regulation) Regulators crack down on card surcharges New powers to punish POS overcharging Australian regulators have approved new legislation to fine merchants for surcharging on point of sale transactions. ... Tuesday, 23 February 2016 244. Direct from MWC: 75% of cars to have mobile connectivity by 2020 (Card & Payments World \| News/Mobile) Direct from MWC: 75% of cars to have mobile connectivity by 2020 Only one in ten are currently connected Around 75% of all cars shipped in 2020 will be delivered with integrated mobil connectivity, ... Tuesday, 23 February 2016 245. Direct from MWC: Social media m-payment conversations double (Card & Payments World \| News/Social media) Direct from MWC: Social media m-payment conversations double Digital wallets dominate online chat The number of social media conversations about mobile payments has more than doubled in the last ... Tuesday, 23 February 2016 246. Direct from MWC: Mobile can democratise payments, says PayPal boss (Card & Payments World \| News/Mobile) Direct from MWC: Mobile can democratise payments, says PayPal boss Company also changes its stance on NFC Mobile technology can help "democratise" payments and make them easier and cheaper for people ... Tuesday, 23 February 2016 247. Data breaches get more personal (Card & Payments World \| News/Fraud and Security) Data breaches get more personal - Cybercriminals moved focus to the theft of identities in 2015 - Financial data accounts for less than 1% of compromised records globally Data breaches got much ... Tuesday, 23 February 2016 248. Wirecard buys Brazilian online payment service provider (Card & Payments World \| News/Company news) Wirecard buys Brazilian online payment service provider Company provides omnichannel SME platform German omnichannel payments company Wirecard has acquired all shares of the Brazil-based Moip Pagamentos. ... Monday, 22 February 2016 249. Direct from MWC: Biometric authentication for OEMs (Card & Payments World \| News/Corporate cards) Direct from MWC: Biometric authentication for OEMs Platform to replace usernames and passwords in payments Gemalto, Fingerprint Cards, Precise Biometrics and STMicroelectronics have partnered to ... Monday, 22 February 2016 250. Direct from MWC: 2016 the Year of Virtual Reality (Card & Payments World \| News/Fintech) Direct from MWC: 2016 the Year of Virtual Reality Samsung-Facebook partnership opens up world of VR payments 2016 will be the year of virtual reality, according to Facebook boss Mark Zuckerberg. ... Monday, 22 February 2016 251. Direct from MWC: Samsung Pay reveals usage figures (Card & Payments World \| News/Mobile) Direct from MWC: Samsung Pay reveals usage figures Twin milestones passed in first six months Samsung Pay has achieved five million registered users and processed transactions worth more than US$500m ... Monday, 22 February 2016 252. Comment: What happens if HSBC's voice ID fails? (Card & Payments World \| News/Fintech) Comment: What happens if HSBC's voice ID fails? HSBC's rollout of biometrics to identify its customers in the UK raises the question of whether this finally is the technology to replace current password ... Friday, 19 February 2016 253. HSBC offers biometric ID to customers (Card & Payments World \| News/Fintech) HSBC offers biometric ID to customers Voiceprint replaces PIN and security codes HSBC is giving its customers the option of being identified via voice and fingerprint biometric technology rather than ... Friday, 19 February 2016 254. MasterCard targets rising number of false declines (Card & Payments World \| News/Fraud and Security) MasterCard targets rising number of false declines Value of declines is 13 times more than total card fraud MasterCard has launched a suite of solutions intended to help issuers make more informed ... Friday, 19 February 2016 255. 'Big potential' in AP commercial card market (Card & Payments World \| News/Corporate cards) 'Big potential' in AP commercial card market Regional spending growth rates top 20% Commercial card growth in the Asia-Pacific region has been robust and primarily associated with travel spend.  ... Thursday, 18 February 2016 256. Powa hits trouble (Card & Payments World \| News/Company news) Powa hits trouble Employees and creditors left unpaid UK mobile payments start-up Powa is missing payments to its employees and suppliers after running low on funds and failing to raise further investment. ... Thursday, 18 February 2016 257. Apple Pay gives details of China launch (Card & Payments World \| News/Mobile) Apple Pay gives details of China launch Rollout likely to intensify government versus private sector m-payments battle Apple Pay has launched its mobile payments service in China through a partnership ... Thursday, 18 February 2016 258. Payments needs a more collaborative model (Comment/Comment) Payments needs a more collaborative model Making the currently inefficient payments industry more open and collaborative will ultimately lead to better options for customers, argues Alex Mifsud, co-founder ... Wednesday, 17 February 2016 259. NFC mobile services: Comparing costs of UICC vs HCE vs SE (Card & Payments World \| News/Mobile) NFC mobile services: Comparing UICC vs HCE vs SE Costs of different models for service providers The SIMalliance has published an illustration to help NFC service providers to understand the ... Wednesday, 17 February 2016 260. Czechs top in Europe for contactless payments (Card & Payments World \| News/Contactless) Czechs top in Europe for contactless payments Transactions up 150% across region The total number of MasterCard and Maestro processed contactless transactions in Europe passed the 1 billion mark ... Wednesday, 17 February 2016 261. M&S slashes credit card rewards (Card & Payments World \| News/Loyalty/Marketing) M&S slashes credit card rewards Retailer cuts back on external loyalty points Marks & Spencer has drastically reduced the credit card rewards it offers for expenditure outside its stores by ... Tuesday, 16 February 2016 262. Visa to support cloud payments (Card & Payments World \| News/Company news) Visa to support cloud payments Expansion of system to integrate tokenisation Visa Europe is expanding its VEPTS (Visa Europe Payment Tokenisation Service) to integrate tokenisation into services where ... Tuesday, 16 February 2016 263. MWC 2016: Samsung teases on m-payments launch (Card & Payments World \| News/Mobile) MWC 2016: Samsung teases on m-payments launch Further details of Samsung Pay (and perhaps Android Pay) at Barcelona event Samsung says it will launch its Samsung Pay service in the UK and Spain ... Tuesday, 16 February 2016 264. Visa reveals Square interest (Card & Payments World \| News/Mobile) Visa reveals Square interest 9.99% in high-profile payment provider Visa Inc has revealed that is owns the equivalent oftechnology a 9.99% stake in mobile payment provider Square. The stake in the ... Monday, 15 February 2016 265. Mondo targets turning investors into customers (Card & Payments World \| News/Fintech) Mondo targets turning investors into customers Mobile bank will let investors leapfrog waiting list People who invest in mobile focused bank start-up Mondo via its crowdfunding website will be allowed ... Monday, 15 February 2016 266. India network to rollout credit cards (Card & Payments World \| News/Card networks) India network to rollout credit cards Latest move in challenge to Visa and MasterCard India's RuPay payment cards network plans to start rolling out its first credit cards within the next five months. ... Monday, 15 February 2016 267. Poland is top for EU remittance inflows (Card & Payments World \| News/Customer Insight) Poland is top for EU remittance inflows Total market tops US$135bn The European Union's remittances market demonstrated a 15% growth, to exceed volume of US$135bn in 2015. In spite of global economic ... Friday, 12 February 2016 268. Global payment card numbers up by 11% (Card & Payments World \| News/Customer Insight) Global payment card numbers up by 11% Number of Chinese debit cards doubles in four years At the end of 2014 there were 12 billion cards in circulation worldwide, a rise of 11% on the previous year. ... Friday, 12 February 2016 269. Fashion retailers drive increased gift card sales (Card & Payments World \| News/Loyalty/Marketing) Fashion retailers drive increased gift card sales Sales up by 35% in 2015, says major provider Demand for gift cards increased in 2015, according to the Gift Voucher Shop, which says its UK sales ... Friday, 12 February 2016 270. M-payment 'risk' due to US legal gaps (Card & Payments World \| News/Regulation) M-payment 'risk' due to US legal gaps 15 different laws apply in uncertain environment Mobile payment users face significant risks due to a disjointed and inconsistent legal framework for the transactions. ... Thursday, 11 February 2016 271. Barcelona moves from magstripe to chip (Card & Payments World \| News/Company news) Barcelona moves from magstripe to chip Contract signed to supply chips Barcelona is migrating its public transport ticketing from magstripe to contactless chip cards. Authorities of the 5 million ... Thursday, 11 February 2016 272. PSPs need clarity on PSD2 reach (Card & Payments World \| News/Regulation) PSPs need clarity on PSD2 reach Mobile wallets highlighted as particular area of uncertainty Payment service providers need greater clarity on which emerging technology-focused payments products ... Thursday, 11 February 2016 273. Traditional banks could lose 45% of customers (Card & Payments World \| News/Financial Services) Traditional banks could lose 45% of customers Challengers are now called "AltFI" A new study, a new threat, and a new name for the challengers. The target is the same - the traditional banking organisations ... Wednesday, 10 February 2016 274. Visa launches transaction controls service (Card & Payments World \| News/Fraud and Security) Visa launches transaction controls service Consumers can monitor how cards are used Visa Inc has launched a service that lets cardholders monitor and control how their accounts are used. The ... Wednesday, 10 February 2016 275. Funding: WorldRemit raises US$45m (Card & Payments World \| News/Mobile) Funding: WorldRemit raises US$45m Mobile money service now handles 400,000 transfers a month Mobile-based money transfer service WorldRemit has raised US$45m in financing from TriplePoint Venture ... Wednesday, 10 February 2016 276. ECB proposes pan-Europe m-payments scheme (Card & Payments World \| News/Corporate cards) ECB proposes pan-Europe m-payments scheme Project may resemble UK model The European Central Bank is proposing the use of mobile phone numbers to enable cross-border P2P payments across the EU. ... Wednesday, 10 February 2016 277. Malware used to empty ATMs via same debit card (Card & Payments World \| News/Fraud and Security) Malware used to empty ATMs via same debit card US$1bn lost by banks in 2015 Banking malware that enables crooks to use the same debit card over and over again to empty ATM machines while leaving the ... Tuesday, 09 February 2016 278. EBA Clearing confirms supplier for pan-European instant payments (Card & Payments World \| News/Company news) EBA Clearing confirms supplier for pan-European instant payments PSPs invited to join initiative EBA Clearing has signed a letter of intent with SIA for the Italian company to provide the technical ... Tuesday, 09 February 2016 279. Partnership for Asylum Seekers card (Card & Payments World \| News/Company news) Partnership for Asylum Seekers card Government to roll out scheme for 30,000 per year migrants PFS has been awarded a contract for the provision of prepaid payment cards for asylum seekers. The contract ... Tuesday, 09 February 2016 280. Move to fees as interchange cuts bite (Card & Payments World \| News/Interchange) Move to fees as interchange cuts bite Card and non-card customers across Europe hit by extra charges after cap, claims policy group Predictions that the the EU cap on payment card interchange fees ... Tuesday, 09 February 2016 281. App to enable contactless bitcoin payments (Card & Payments World \| News/Fintech) App to enable contactless bitcoin payments Users also earn rewards for currency conversions Startup Plutus is piloting an app to enable bitcoin payments at contactless POS terminals. The UK start-up ... Monday, 08 February 2016 282. Operation Choke Point: strangled by Republican opposition (Card & Payments World \| News/Regulation) Operation Choke Point: strangled by Republican opposition Argument that innocent businesses were caught up in the anti-gun and fraud initiative The US House of Representatives has voted to curb ... Monday, 08 February 2016 283. Non-banks face major barriers as UK financial club keeps newcomers on the outside (Card & Payments World \| News/Fintech) Non-banks face major barriers as UK financial club keeps newcomers on the outside Call for free access to Faster Payments, BACS and CHAPS Payments professional Rich Wagner is calling for fair ... Monday, 08 February 2016 284. Global T&E Card Spending by Scheme, 2014 (Card & Payments World \| News/Corporate cards) Amex leads in US$1.2 trillion T&E sector American Express has been ranked the largest of the three main Travel & Entertainment card players and accounts for more than three quarters of global T&E ... Friday, 05 February 2016 285. Rise in skimming at instore ATMs (Card & Payments World \| News/ATMs) Rise in skimming at instore ATMs Window of opportunity in US because of liability shift differences Fraudsters are increasingly targeting ATMs in retailers by installing skimming devices. Skimmers ... Friday, 05 February 2016 286. Amazon renews co-brand with JPMorgan (Card & Payments World \| News/Company news) Amazon renews co-brand with JPMorgan Looking back at the GM card Amazon.com the world's largest online retailer, has renewed its long-running credit card relationship with JPMorgan Chase & Co, ... Friday, 05 February 2016 287. Visa opens its platform to developers (Card & Payments World \| News/Fintech) Visa opens its platform to developers Open access to payments tech and services for first time Visa Inc has announced it will transform its payments network to an open platform where software application ... Friday, 05 February 2016 288. China and Indian digital commerce giants strengthen ties (Card & Payments World \| News/Online payments) Chinese and Indian digital commerce giants strengthen ties New deal opens up crossborder payments Indian mobile commerce platform Paytm has signed an agreement with AliCloud, the cloud computing ... Friday, 05 February 2016 289. How non-EU regulations affect the payments business (Card & Payments World \| News/Regulation) How non-EU regulations affect the payments business It's not just EU regulations such as PSD2 and interchange that impact those involved in the payments business in Europe. Market participants must also ... Friday, 05 February 2016 290. Funding: Blockchain company raises US$55m (Card & Payments World \| News/Fintech) Funding: Blockchain company raises US$55m Series A round to enable further development of 'sidechain' technology Blockchain technology start-up Blockstream has raised US$55m in Series A funding, bringing ... Thursday, 04 February 2016 291. Sound-based contactless payments rollout in India (Card & Payments World \| News/Fintech) Sound-based contactless payments rollout in India Technology to be integrated into mobile app Mobile payment start-up ToneTag is supplying technology to enable sound-based contactless payments ... Thursday, 04 February 2016 292. PayPal users up by 17 million (Card & Payments World \| News/Online payments) PayPal users up by 17 million PayPal's global performance in 2015 beat guidance, with both usage and number of accounts growing steadily. The number of active PayPal users increased to 179 million ... Thursday, 04 February 2016 293. Zapper partners with PayPal (Card & Payments World \| News/Mobile) Zapper partners with PayPal Bill payments enabled via One Touch technology Mobile payment data insights platform Zapper has partnered with PayPal. The partnership will provide customers with an alternative ... Wednesday, 03 February 2016 294. Latest omnichannel deals (Card & Payments World \| News/Company news) Latest omnichannel deals TSYS, Global Payments, Vantiv, Visa, Visa Europe, Heartland Payment Systems, TransFirst, Mercury Payment Systems TSYS and TransFirst Among the most recent deals is TSYS' agreement ... Wednesday, 03 February 2016 295. US and Europe agree to talk about data (Card & Payments World \| News/Regulation) US and Europe agree to talk about data Safe Harbour data sharing becomes Privacy Shield Europe and US have reached an eleventh hour data sharing agreement, but little is known of the detail beyond ... Wednesday, 03 February 2016 296. Faster transactions creating new fraud risks (Card & Payments World \| News/Fraud and Security) Faster transactions creating new fraud risks Criminals able to 'cash out' quicker Banks face dilemma of customer experience vs. security checks The increasing speed of transactions via methods ... Wednesday, 03 February 2016 297. Number of UK e-money providers doubles (Card & Payments World \| News/Fintech) Number of UK e-money providers doubles Increased consumer acceptance of new payment methods drives increase The number of approved e-money providers in the UK has more than doubled in the last two ... Tuesday, 02 February 2016 298. Global mobile payments revenues reach US$450bn (Card & Payments World \| News/Mobile) Global m-payments revenues reach US$450bn in 2015 Collaboration among industry participants speeds up expansion The entry of smartphone giants Apple and Samsung into m-payments has helped ... Tuesday, 02 February 2016 299. American Express winding down its prepaid division (Card & Payments World \| News/Prepaid) American Express winding down its prepaid division Prepaid cards no longer profitable as a stand-alone product American Express is dismantling its Enterprise Growth Division, which holds its prepaid ... Tuesday, 02 February 2016 300. Visa launches commerce network for in-app benefits (Card & Payments World \| News/Mobile) Visa launches commerce network for in-app benefits Customers can redeem rewards offered online via mobile or physical cards Visa Inc has launched a commerce network that enables merchants to create ... Monday, 01 February 2016
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