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23 JULY 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.

More than just a technology title. Read more

  Main story  
article thumbnail Friday, 21 July 2017

Ex-Barclays chief warns of potential for a ‘Kodak moment'
Banks urged to embrace fintech solutions
Read more ...


Latest feature
The business of payments funding part 2: Why payments startups fail

A business model that does not scale and an insufficiently differentiated product  are the biggest barriers to success

Banks are increasingly looking to partner with fintechs and payments start-ups on digital initiatives. Linking with agile and innovative new players can offer tremendous capabilities to major banks in solving problems and driving effective modernisation of operations, technology, processes and services.
Read more ...
Don't miss

INNOVATION: Fintech, AI, blockchain and bank 'dinosaurs'
FINTECH: Death by overfunding – the cautionary tale of Jawbone

RESEARCH: The best place to start a payments business

ACQUISITIONS: Rush of payments buyouts cause protests from shareholders

GLOBAL PAYMENTS REPORT: Emerging Asia drives non-cash transactions
Alarming ignorance among payment execs about which regulations apply to their company

POS PAYMENTS: Will network plan make terminals redundant?

 Latest news 
Month's news
   Most read  
Card & Payments World | News - Company newsFriday, 21 July 2017

Ingenico ramps up tech transformation
Major acquisition of payments company Read more ...

Card & Payments World | News - Loyalty/MarketingFriday, 21 July 2017

Yoyo Wallet raises £12m
Funding to help expansion across Europe
Read more ...

article thumbnail Card & Payments World | News - RegulationThursday, 20 July 2017

EU directive banning card fees may include prepaid cards
UK extends ruling to Amex and PayPal Read more ...

article thumbnail Card & Payments World | News - RegulationWednesday, 19 July 2017

GDPR privacy demands will strangle marketing
Lawyers give stark warning Read more ...

Card & Payments World | News - Company newsTuesday, 18 July 2017

PayPal closes bill payments acquisition
Purchase will expand offering to under-served customers Read more ...

article thumbnail Card & Payments World | News - FintechTuesday, 18 July 2017

Banks and payments companies buy into fintech
Latest global payments acquisitions and partnerships

The news this month of the acquisitions by Worldpay of Venmo and Monitise by Fiserv are the latest illustration of the increasing trend for payments companies and banks to buy or take stakes in payments fintechs. Read more ...

article thumbnail Card & Payments World | News - Company newsMonday, 17 July 2017

Cashplus achieves sixth consecutive year of growth
Fintech makes £5.6m profit Read more ...

article thumbnail Card & Payments World | News - Customer InsightMonday, 17 July 2017

Mastercard and Visa lose share to UnionPay
- A billion new cards issued in just one year
- Ant Financial makes new global expansion moves Read more ...

Card & Payments World | News - TransitFriday, 14 July 2017

National open loop transit payments in India
Solution will integrate banking systems

Read more ...

article thumbnail Card & Payments World | News - MobileFriday, 14 July 2017

Card giants plan to remove need for merchant terminals
New software standard by end of year to enable PIN authentication via smartphones Read more ...

article thumbnail Card & Payments World | News - Customer InsightThursday, 13 July 2017

Emerging Asia drives biggest non-cash increase in 10 years
- China overtakes Brazil to become third largest non-cash payments market
- Three countries achieve double-digit growth
Read more ...

article thumbnail Card & Payments World | News - FintechThursday, 13 July 2017

Over half financial services firms implement blockchain
Rollouts fuel demand for specialist skills Read more ...

article thumbnail Card & Payments World | News - Corporate cardsWednesday, 12 July 2017

Comment: The cautionary tale of Jawbone
The demise of tech darling Jawbone – the fitness band provider that at one time had a valuation of over £3bn - provides a cautionary tale for fintech start-ups.
Read more ...

Card & Payments World | News - FintechWednesday, 12 July 2017

New Swiss fintech rules come into force
Firms to be regulated on risk potential Read more ...

Card & Payments World | News - RegulationTuesday, 11 July 2017

New API for UK bank data sharing
Platform to go live next year Read more ...

Card & Payments World | News - Loyalty/Marketing
Yoyo Wallet raises £12m
Friday, 21 July 2017

Card & Payments World | News - Loyalty/Marketing
Restaurant rewards with Apple Wallet
Thursday, 29 June 2017

article thumbnail Features - Innovation/TechnologyMonday, 26 June 2017

The business of payments funding part 1: Sources for funding
There are a variety of funding sources for payments fintechs, but these potential backers are all looking for one thing above everything else – growth

Payments companies received one third of total global fintech investment since Q1 2015.

The US and UK are by far the biggest investors in payments fintechs accounting for around 50% of global deals, followed by India and Japan Read more ...

article thumbnail Features - Mobile/ContactlessMonday, 27 March 2017

Norway Payments Market Report
Norway’s mobile payments market is accelerating fast, but still somewhat behind its Nordic neighbours in terms of development.

DNB’s Vipps and Danske Bank’s MobilePay are the two main competing m-payment offerings in Norway, but a “bridge” is needed to link the Nordic schemes and fight international competition, according to the head of MobilePay Norway. Read more ...

article thumbnail Features - Customer InsightFriday, 24 February 2017

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 International.

CEO Marcus Mosen explains the reasons for the sale and the company’s ambitious plans for expansion, at home and abroad. Read more ...

article thumbnail Features - Customer InsightWednesday, 25 January 2017

50 days to fix India's demonetisation troubles
Editor Annich McIntosh travelled through India last month, experiencing demonetisation first hand. This is what she found. Travelling through India over the new year, the queues at ATMs, the constant quest for cash and the problem of finding appropriate rupee notes for small purchases and tipping people are some of my lasting memories. Read more ...

article thumbnail Features - Innovation/TechnologyTuesday, 13 December 2016

Blockchain & Payments Report
- Comprehensive listing and details of the major blockchain payments providers
- Mixed adoptance picture as central banks hold key to deployments
- Major FIs partner for interbank blockchain payments
- Visa stakes its claim with scheme for 2017
- SEB starts payments network Read more ...

article thumbnail Features - Innovation/TechnologyFriday, 02 December 2016

Barclaycard: 50 years old and not afraid to fail
Exclusive interview with MD global payment acceptance Paulette Rowe From those early days in the sixties when it was one of the first credit card issuers, through the early mobile payments and contactless era and into wearables, Barclaycard has never been afraid to test, or to fail. Read more ...

article thumbnail Features - Innovation/TechnologyMonday, 07 November 2016

P2P Lending Report
- Comprehensive listing and details of of the major global platforms
- P2PFA seeks tougher rules
- Global market tops US$375bn
- Huge commercial opportunities
- Crowdfunding and P2PFrom its beginnings with Zopa in 2005, the peer-to-peer (P2P) lending market has rapidly expanded with global payments estimated to be worth US$375bn in 2015. Read more ...

article thumbnail Features - RegulationThursday, 20 October 2016

Making the best of Brexit
There were two good reasons for attending the Brexit & Global Expansion Summit in London.
Firstly to find out if anyone can shed some light on plans for the UK exit from the EU, and secondly to explore the fierce pace of the “Digital Transformation” that is redefining the payments industry Read more ...

article thumbnail Features - RegulationMonday, 26 September 2016

PSD2 will not be implemented in the UK
- VocaLink planning European base
- Special Q&A with David Yates, CEO of VocaLink PSD2 will not be implemented in the UK, which is in the process of planning its own, very similar Open API rules for payments. Read more ...

article thumbnail Features - Mobile/ContactlessThursday, 22 September 2016

Raphaels works towards role as bankers' banker
Raphaels Bank has added Apple Pay functionality to its prepaid travel card, Cash Passport. This much we know. Where it gets interesting is how they have done it, why, and what happens next for this ambitious and longstanding bank that is turning itself into a fintech company.   Read more ...

article thumbnail Features - Payment SchemesMonday, 01 August 2016

Rewards crowdfunding continues to make waves

Plutus Tap & Pay raises £1m in nine days for cryptocurrency product
With the news that Plutus, the London-based cryptocurrency payment platform has raised over £1m in less than ten days of launching a crowdfunding campaign the spotlight is once again on peer to peer lending to fund major projects especially rewards based crowdfunding initiatives. Read more ...

article thumbnail Features - Innovation/TechnologyTuesday, 26 July 2016

Blockchain: Interesting proposition or alchemy?
- The case for and against using the blockchain for payments
- Specific use case examples
- Potential for use as a cash replacement and for everyday retail payments
Read more ...

Features - Reports/DataMonday, 27 June 2016

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

Read more ...

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
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 ...

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