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

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1. So how do you think it went?
(Card & Payments World | News/Customer Insight)
So how do you think it went? We are talking about 2017 of course and we are really keen to know how you feel about it. Was 2017 a good year for you, or a lousy one? Has the payments industry moved forward ...
Tuesday, 21 November 2017
2. Boku launches London IPO
(Card & Payments World | News/Company news)
Boku launches London IPO Plan to raise £45 for investors and development  Boku, the mobile payments company whose CEO is former Visa executive Jon Prideaux, is floating on the Alternative Investment ...
Monday, 20 November 2017
3. WeChat expands acceptance into airport
(Card & Payments World | News/Corporate cards)
WeChat expands acceptance into airport Alipay rollout increased Chinese spend by 92% WeChat, the Chinese social media network that claims 902 million active daily users, is now accepted for POS ...
Monday, 20 November 2017
4. Cryptocurrency card enables in-store payments
(Card & Payments World | News/Fintech)
Cryptocurrency card enables in-store payments Platform launches with five initial currencies A new payment card will enable users to spend cryptocurrencies such as Bitcoin at physical merchants. ...
Thursday, 16 November 2017
5. Malaysia Instant Payments rollout
(Card & Payments World | News/Fintech)
Malaysia Instant Payments rollout Plans to go crossborder with payments to other countries Malaysian financial market infrastructure provider PayNet is building the countrys Real-time Retail Payments ...
Wednesday, 15 November 2017
6. Banks form company to manage third party risk
(Card & Payments World | News/Fraud and Security)
Banks form company to manage third party risk Major institutions pool expertise to address escalating challenges A consortium of major US banks and payments companies has formed a new company to ...
Wednesday, 15 November 2017
7. US Instant Payments scheme launches
(Card & Payments World | News/Financial Services)
US Instant Payments scheme launches Bank-led project starts with six institutions on board The Clearing House consortium of US banks has launched the RTP real-time payments scheme, with the goal ...
Tuesday, 14 November 2017
8. Mastercard card growth outpaces Visa in Europe
(Card & Payments World | News/Customer Insight)
Mastercard card growth outpaces Visa in Europe UnionPay doubles presence in region The number of Mastercard-branded cards increased by 9% in Europe in 2016, compared with an increase of 6% for rival ...
Monday, 13 November 2017
9. 600 PSPs sign up for pan-Europe Instant Payments scheme
(Card & Payments World | News/Financial Services)
600 PSPs sign up for pan-Europe Instant Payments scheme - Platform to cover eight countries from launch - Visa sets Europe Instant Payments mandate for card issuers There are numerous Instant ...
Monday, 13 November 2017
10. EBA sets out implementation schedule for PSD2 fraud standards
(Card & Payments World | News/Regulation)
EBA sets out schedule for PSD2 fraud standards Timeline after closure of consultation period The European Banking Authority says the new PSD2 fraud reporting standards will become binding for ...
Friday, 10 November 2017
11. Remote fuel payment app from Yandex.Money
(Card & Payments World | News/Mobile)
Remote fuel payment app from Yandex.Money System to roll out across Russia Russian online payment service Yandex.Money has released an app allowing drivers to pay for fuel remotely without having ...
Thursday, 09 November 2017
12. WeChat takes stake in Snap
(Card & Payments World | News/Mobile)
WeChat takes stake in Snap Chinese internet giant expands payments ambitions in US and Europe  Chinas WeChat has taken a 12% stake in US-based Snap, owner of the Snapchat image messaging app.  ...
Wednesday, 08 November 2017
13. Payment-enabled gloves at the Winter Olympics
(Card & Payments World | News/Contactless)
Payment-enabled gloves at the Winter Olympics Athletes and fans to get range of wearables  Fans and athletes at the forthcoming Winter Olympic Games in South Korea will be able to make payments ...
Wednesday, 08 November 2017
14. Banks to be more liable for push payments fraud
(Card & Payments World | News/Fraud and Security)
Banks to be more liable for push payments fraud New proposals would require customers to be compensated Banks would have greater liability for compensating customers who fall victim to push payment ...
Tuesday, 07 November 2017
15. Bank takes processing in-house after failures
(Card & Payments World | News/Acquiring)
Bank takes processing in-house after failures Move follows third outage this year Digital bank Revolut is to take its processing in-house after suffering a series of payment transaction failures. ...
Monday, 06 November 2017
16. Polish POS loyalty offering to roll out in Finland
(Card & Payments World | News/Loyalty/Marketing)
Polish POS loyalty offering to roll out in Finland Merchant platform links to payment cards Polish fintech ZenCard is launching its merchant POS loyalty and marketing technology onto the Finnish ...
Monday, 06 November 2017
17. “Pivotal moment” as PSD2 fraud reporting consultation closes
(Card & Payments World | News/Regulation)
Pivotal moment as PSD2 fraud reporting consultation closes Banks and PSPs must be compliant with high level requirements The European Banking Authority (EBA) has closed its consultation period ...
Monday, 06 November 2017
18. Visa launches real-time payments in Europe
(Card & Payments World | News/Company news)
Visa launches real-time payments in Europe Platform enables P2P, B2C and B2B transfers Visa is rolling out a real-time payments platform in Europe for domestic and cross-border payments for businesses ...
Friday, 03 November 2017
19. Hackers use new Trojan to attack banks
(Card & Payments World | News/Fraud and Security)
Hackers use new Trojan to attack banks FIs in Russia, Malaysia and Armenia affected Hackers are using a new Trojan called Silence against financial institutions in Russia, Malaysia and Armenia. ...
Friday, 03 November 2017
20. Mobile is coming in commercial payments
(Card & Payments World | News/Customer Insight)
Mobile is coming in commercial payments Market to reach tipping point by end of decade Previous hurdles slowing the adoption of commercial mobile spend are beginning to fall. While consumer adoption ...
Friday, 03 November 2017
Money 2020 report: Getting ready for the reinvention of payments Prime focus on blockchain, cryptocurrencies, AI and AR Trying to sum up the main trends and discussion points from a conference as massive ...
Thursday, 02 November 2017
22. Only 13% would share financial data with third parties
(Card & Payments World | News/Customer Insight)
Only 13% would share financial data with third parties French, Canadian and Japanese customers are most cautious Just 13% of UK bank customers say they would be happy to share data with third parties ...
Thursday, 02 November 2017
23. YES Bank fined US$1m for ATM breach
(Card & Payments World | News/Regulation)
YES Bank fined US$1m for ATM breach Reporting was too slow YES Bank of India has been fined approximately US$1m by The Reserve Bank of India for failing to promptly report a breach of its ATM network. ...
Thursday, 02 November 2017
24. Turkish digital wallet approaches 5m transactions
(Card & Payments World | News/Mobile)
Turkish digital wallet approaches 5m transactions Service has 1.5m active users Digital wallet BKM Express is approaching 5 million transactions having achieved 100% growth in each of the last two ...
Thursday, 02 November 2017
25. Digital challenger plans to become a bank
(Card & Payments World | News/Financial Services)
Digital challenger plans to become a bank License would enable new lending products UK alternative financial services company Cashplus is applying for a banking licence. Cashplus provides instant ...
Thursday, 02 November 2017
26. Equifax faces deluge of class action suits
(Card & Payments World | News/Fraud and Security)
Equifax faces deluge of class action suits Former CEO blames one employee for breach More than 70 class action lawsuits have been filed against Equifax since the credit reporting company revealed ...
Wednesday, 01 November 2017
27. New chair for Efma
(Card & Payments World | News/Company news)
New chair for Efma Javier San Felix leaves role after three years Yolande Piazza, CEO of Citi Fin-Tech is to succeed Javier San Félix as the new chair of international banking and insurance industry ...
Tuesday, 31 October 2017
28. Cashless payments rise by highest in ten years
(Card & Payments World | News/Customer Insight)
Cashless payments rise by highest in ten years New global payments ecosystem emerges Global non-cash transaction volumes grew 11.2% to reach 433.1 billion during 2014-2015, the highest growth in ...
Tuesday, 31 October 2017
8-9 May 2018 IFINTEC Finance Technologies Conference and Exhibition Istanbul IFINTEC is a global conference which is one of the biggest and most important conferences in EMEA region on Retail Banking, ...
Tuesday, 31 October 2017
30. Major German retailers launch gift cards
(Card & Payments World | News/Company news)
Major German retailers launch gift cards Global market to double in value by 2024 Two of Germanys biggest retailers Aldi Nord and Aldi Süd have launched their first gift cards. The two discount ...
Monday, 30 October 2017
31. Escrow.com launches public API
(Card & Payments World | News/Company news)
Escrow.com launches public API Major technology overhaul and expansion Escrow.com, which claims to be the worlds largest online escrow provider, has launched its Platform API in public beta. Escrow.com ...
Wednesday, 25 October 2017
32. Symbiont Joins Wall Street Blockchain Alliance
(Card & Payments World | News/Fintech)
Symbiont Joins Wall Street Blockchain Alliance The blockchain community is beginning to organise itself, and one example of this is the Wall Street Blockchain Alliance (WSBA). As a 501(c)(6) non-profit ...
Wednesday, 25 October 2017
33. PayPal continues to exceed expectations
(Card & Payments World | News/Company news)
PayPal continues to exceed expectations Exceptional Q3 shows growing customer base PayPal has exceeded investor expectations yet again with exceptional Q3 2017 figures that show the addition of 8.2 ...
Wednesday, 25 October 2017
34. Cathedrals trial contactless collections
(Card & Payments World | News/Contactless)
Cathedrals trial contactless collections Pilot targets increase in donations Twelve Church of England cathedrals are to trial donation boxes that accept money via contactless bank cards. The trial ...
Monday, 23 October 2017
35. Spar starts payments and loyalty app rollout
(Card & Payments World | News/Mobile)
Spar starts payments and loyalty app rollout Brand buying data to enable more targeted campaigns Convenience store Spar is launching an all-in-one mobile payment, loyalty and vouchering app. The ...
Monday, 23 October 2017
36. Mastercard opens up blockchain API access
(Card & Payments World | News/Fintech)
Mastercard opens up blockchain API access Tech to be used for B2B and cross-border payments Mastercard is opening up access access to its blockchain-based transaction technology for partner banks ...
Monday, 23 October 2017
37. GPS boss tops Payments Power 10
(Card & Payments World | News/Fintech)
GPS boss tops Payments Power 10 Rankings of industry innovators and game changers Suresh Vaghjiani, has been voted top of the annual Payments Power 10 ranking of leaders, innovators and game changers ...
Friday, 20 October 2017
Less than half global financial services firms have a fintech strategy FIs continue to lack an overall vision In a new global report from KPMG, 57% of financial institutions say fintech is the greatest ...
Thursday, 19 October 2017
39. Fintechs hit out at bank data sharing practices
(Card & Payments World | News/Fintech)
Fintechs hit out at bank data sharing practices Even regulated entities struggling for access, claims Monese CEO Payment services providers (PSPs) and fintechs have criticised banks for their practices ...
Tuesday, 17 October 2017
40. Hackers switch focus from banks to cryptocurrencies
(Card & Payments World | News/Fraud and Security)
Hackers switch focus from banks to cryptocurrencies Sate-sponsored attacks on infrastructure n increasing threat to FIs Hackers are moving their efforts from banks to the cryptocurrency industry ...
Friday, 13 October 2017
41. Amazon targets voice payments
(Card & Payments World | News/Fintech)
Amazon targets voice payments New Alexa devices take step forward with voice recognition Amazon has made improvements to its Alexa voice-activated personal assistant technology that further enable ...
Thursday, 12 October 2017
42. Business payments network raises US$100m
(Card & Payments World | News/Company news)
Funding: Business payments network raises US$100m Money to be used to drive paper-free payments US business payments network Bill.com it has secured US$100m in financing with the goal of finally eliminating ...
Thursday, 12 October 2017
43. Danske Bank terminates Norway m-payments scheme
(Card & Payments World | News/Mobile)
Danske Bank terminates Norway m-payments scheme Bank now in talks with rival platform Danske Bank is to end its MobilePay service in Norway, and is in talks with rival Vipps Norwegian m-payment ...
Wednesday, 11 October 2017
44. Former UK PM takes role at First Data
(Card & Payments World | News/Company news)
Former UK PM takes role at First Data Appointment to international advisory board Payments processor First Data has appointed former UK Prime Minister David Cameron to its international advisory ...
Tuesday, 10 October 2017
45. EC investigates bank data sharing practices
(Card & Payments World | News/Fintech)
EC investigates bank data sharing practices Raids in Poland and Netherlands The European Commission has carried out a number of unannounced inspections into whether banks are blocking access to ...
Monday, 09 October 2017
46. Banks from nine countries to join EU instant payment system
(Card & Payments World | News/Financial Services)
Banks from nine countries to join EU instant payment system November launch for pan-European infrastructure solution EBA CLEARING says that banks from nine countries are preparing to join its RT1 ...
Monday, 09 October 2017
47. Faster Payments seeks bidders for infrastructure
(Card & Payments World | News/Corporate cards)
Faster Payments seeks bidders for infrastructure Renewal will migrate service to ISO20022 international standard The Faster Payments Scheme is seeking Expressions of Interest for the renewal and ...
Monday, 09 October 2017
48. Emerging economies lead mature ones in digital payments
(Card & Payments World | News/Customer Insight)
Emerging economies lead mature ones in digital payments China and India to increase Asian lead Digital payments volumes generated by emerging economies will grow by 19.6% by 2020, three-times the ...
Monday, 09 October 2017
49. Adyen extends Alipay merchant partnership
(Card & Payments World | News/Company news)
Adyen extends Alipay merchant partnership 400m Chinese tourists targeted during Golden Week Adyen has expanded its partnership with mobile and online payment platform Alipay to enable retailers worldwide ...
Friday, 06 October 2017
50. Singapore claims blockchain payments breakthrough
(Card & Payments World | News/Fintech)
Singapore claims blockchain payments breakthrough MAS and FI consortium develops inter-bank payments software  The Monetary Authority of Singapore (MAS) and a consortium of bank partners say that ...
Friday, 06 October 2017
PayPal uses partnerships to build multichannel power 24 separate deals in 18 months expand customer offering both online and in-store Faced with growing digital payments competition from rivals such ...
Thursday, 05 October 2017
52. FCA takes aim at Amazon over streamlined payments
(Card & Payments World | News/Regulation)
FCA takes aim at Amazon over streamlined payments Concern about checkout-free transactions The Financial Conduct Authority has warned that some of the streamlined checkout methods used by Amazon ...
Thursday, 05 October 2017
53. Dubai to develop sovereign cryptocurrency for payments
(Card & Payments World | News/Fintech)
Dubai to develop sovereign cryptocurrency for payments Systems will use NFC phones Dubai is developing a new sovereign cryptocurrency called emCash. It is one of the largest governments to date ...
Thursday, 05 October 2017
54. SMEs fail mobile-friendly test
(Card & Payments World | News/Mobile)
SMEs fail mobile-friendly test Number of mobile-enabled commerce sites up just 1% in a year Only 18% of British small and medium enterprises (SMEs) have a mobile friendly website and are poorly placed ...
Wednesday, 04 October 2017
55. Equifax breach worse than suspected
(Card & Payments World | News/Fraud and Security)
Equifax breach worse than suspected US numbers increased, Canadians downgraded Credit reporting company Equifax now says that the data of 145.5 million US citizens was compromised in the breach ...
Tuesday, 03 October 2017
56. Merchant payments fintech plans ICO
(Card & Payments World | News/Corporate cards)
Merchant payments fintech plans ICO Offering to support transfer of platform to blockchain Hong Kong-based fintech OCTO3 is staging an initial coin offering (ICO) to support the global rollout ...
Monday, 02 October 2017
57. EC urged to ban screen scraping
(Card & Payments World | News/Regulation)
EC urged to ban screen scraping Authentication group sets out key problems Industry authentication group the FIDO Alliance has called on the European Commission to outlaw the practice of screen ...
Monday, 02 October 2017
58. New payment systems operator names CEO
(Card & Payments World | News/Regulation)
New payment systems operator names CEO Former Nationwide man takes over The new UK payment systems operator (NPSO) has appointed former Nationwide Building Society executive Paul Horlock as its ...
Friday, 29 September 2017
59. HSBC pilots Open Banking
(Card & Payments World | News/Fintech)
HSBC pilots Open Banking Customers can see accounts from 21 banks HSBC is piloting a mobile app that lets customers see all their accounts on one screen, regardless of which bank is providing them. ...
Friday, 29 September 2017
60. Singapore payments fintech sets up in Lithuania
(Card & Payments World | News/Fintech)
Singapore payments fintech sets up in Lithuania New base part of plans for Europe expansion Singapore payments start-up Instarem has started operations in fintech-friendly Lithuania after receiving ...
Thursday, 28 September 2017
61. Alipay integrated at Austrian luxury retailer
(Card & Payments World | News/Mobile)
Alipay integrated at Austrian luxury retailer Rollout to appeal to brand-conscious Chinese tourists German digital fintech Wirecard has won luxury retailer Swarovski Crystal Worlds as a new customer ...
Wednesday, 27 September 2017
62. Tesco revamps payments and loyalty app
(Card & Payments World | News/Loyalty/Marketing)
Tesco revamps payments and loyalty app Relaunched system offers extra Clubcard points Tesco has rebranded its PayQwiq mobile payments and loyalty app as Tesco Pay+. Tesco launched the IoS and ...
Wednesday, 27 September 2017
63. Equifax CEO steps down
(Card & Payments World | News/Fraud and Security)
Equifax CEO steps down Company initiates search for new boss after massive data breach Richard Smith has left his role as chairman and CEO of Equifax after 12 years following the massive data breach ...
Tuesday, 26 September 2017
64. Woolworths integrates rewards with Apple wallet
(Card & Payments World | News/Loyalty/Marketing)
Woolworths integrates rewards with Apple wallet 10 million members can earn and redeem rewards at POS Woolworths has partnered with Apple to enable customers to use their iPhones to collect and ...
Tuesday, 26 September 2017
65. Mastercard and Swarovski launch VR shopping app
(Card & Payments World | News/Fintech)
Mastercard and Swarovski launch VR shopping app Consumers purchase by focusing gaze on Masterpass logo Retailer Swarovski has partners with Mastercard to launch a virtual reality (VR) shopping ...
Tuesday, 26 September 2017
66. Facial ID unpopular as verification method
(Card & Payments World | News/Identity)
Facial ID unpopular as verification method Phone users prefer voice recognition for payments Over 40% of iOS users in the US say they are unlikely to use facial recognition as a payment security ...
Monday, 25 September 2017
67. US$5.3bn offer for Nets
(Card & Payments World | News/Company news)
US$5.3bn offer for Nets Payments industry consolidation set to accelerate The board of Nets has recommended that shareholders accept a US$5.3bn offer from US private equity company Hellman & Friedman. ...
Monday, 25 September 2017
68. Data breaches rocket by 164%
(Card & Payments World | News/Customer Insight)
Data breaches rocket by 164% ID theft and poor internal security practices blamed There were 918 data breaches worldwide in the first half of 2017, leading to 1.9 billion data records being compromised. ...
Friday, 22 September 2017
69. Payments Power 10 shortlist announced
(Card & Payments World | News/Financial Services)
Payments Power 10 shortlist announced 35 in running to reach final list Thirty-five prime movers in the payments industry have been shortlisted for the annual Payments Power 10. The Payments Power ...
Friday, 22 September 2017
70. Alpha launches new corporate ID
(Card & Payments World | News/Company news)
Alpha launches new corporate ID Irish payments firm also introduces centralised fintech vendor database Alpha Payments Cloud has unveiled its comprehensive rebranding and new corporate identity ...
Thursday, 21 September 2017
71. Co-op supermarket uses loyalty rewards to restore business
(Card & Payments World | News/Loyalty/Marketing)
Co-op supermarket uses loyalty rewards to restore business CEO does not rule out creating a new bank The UK Co-operative supermarket CEO Steve Murrells said this morning that doubling loyalty rewards ...
Thursday, 21 September 2017
72. Air Canada seeks new credit card partner
(Card & Payments World | News/Loyalty/Marketing)
Air Canada seeks new credit card partner Move part of plans for US$2bn in-house loyalty programme after Aimia break-up  Air Canada has put out a request for banks to become its new co-branded credit ...
Wednesday, 20 September 2017
73. GoCardless raises US$22.5m
(Card & Payments World | News/Company news)
GoCardless raises US$22.5m New countries to be added to business payments network UK direct debit network GoCardless has raised US$22.5m in funding from Accel, Balderton Capital, Notion Capital ...
Wednesday, 20 September 2017
74. Digital charity box accepts donations via Apple Pay
(Card & Payments World | News/Fintech)
Digital charity box accepts donations via Apple Pay 45m donations collected in last seven years Digital charity box Pennies is now accepting in-app donations with Apple Pay. The UK fintech charity ...
Wednesday, 20 September 2017
75. Google launches India m-payments app
(Card & Payments World | News/Mobile)
Google launches India m-payments app Link with UPI platform enables bank-to-bank transfers Google is launching the Tez mobile app enabling IoS and Android device users to make online and offline ...
Tuesday, 19 September 2017
76. PSR sets out how it will enforce PSD2 access rules
(Card & Payments World | News/Regulation)
PSR sets out how it will enforce PSD2 access rules Regulations come into UK law from 13 January next year The UK Payment Systems Regulator (PSR) has outlined how they will monitor and enforce the ...
Tuesday, 19 September 2017
77. Equifax latest: Criminal investigation into breach
(Card & Payments World | News/Fraud and Security)
Equifax latest: Criminal investigation into breach Senators propose new data law following revelations The US Department of Justice has launched a criminal investigation into the sale of shares ...
Tuesday, 19 September 2017
78. Equifax security chiefs depart after breach
(Card & Payments World | News/Fraud and Security)
Equifax security chiefs depart after breach Patch failure helped enable intrusion UK customer data compromised due to process failure Equinox says its chief security officer and chief information ...
Monday, 18 September 2017
79. ‘200,000 card details’ stolen in Equifax breach
(Card & Payments World | News/Fraud and Security)
200,000 card details stolen in Equifax breach Networks send alerts to banks The details of over 200,000 credit cards were stolen in the recent security breach at credit bureau Equinox. Visa and ...
Friday, 15 September 2017
80. ATM numbers decline in western Europe for first time
(Card & Payments World | News/ATMs)
ATM numbers decline in western Europe for first time Overall global market continues to grow For the first time since their introduction 50 years ago, the number of ATMs in western Europe has fallen, ...
Friday, 15 September 2017
81. Bank branches plummet as digital payments take off
(Card & Payments World | News/Customer Insight)
Bank branches plummet as digital payments take off More than 9,000 branches closed in EU The fall in staff numbers and branches in the European banking sector continued in 2016 as customers increasingly ...
Wednesday, 13 September 2017
82. Is bitcoin “a fraud”?
(Card & Payments World | News/Fraud and Security)
Is bitcoin a fraud? Bank CEO says he would dismiss any trader dealing in it Some interesting comments this week from JPMorgan Chase CEO Jamie Dimon, who says bitcoin is a fraud and that he would ...
Wednesday, 13 September 2017
83. EMEA merchants plan increase in new payments acceptance
(Card & Payments World | News/Customer Insight)
EMEA merchants plan increase in new payments acceptance Security and compliance are main barriers to further expansion in region Over half (55%) of retailers and merchants in the EMEA region are ...
Tuesday, 12 September 2017
84. Analysing the Equifax breach
(Card & Payments World | News/Fraud and Security)
Analysing the Equifax breach 143 million Americans and 44 million Brits have details stolen A data security breach is bad news for any company, but when it happened to Equifax, which makes its living by ...
Tuesday, 12 September 2017
85. Collinson Group buys into card-linked offers
(Card & Payments World | News/Loyalty/Marketing)
Collinson Group buys into card-linked offers The Collinson Group, which has ICLP and Priority Pass among its suite of companies, has acquired a number of assets from a US based card-linked offers company. ...
Monday, 11 September 2017
86. PCI security failures stick at 50%
(Card & Payments World | News/Fraud and Security)
PCI security failures stick at 50% No compliant company has ever suffered a data breach Despite stringent Payment Card Industry (PCI) rules, nearly half of companies recently assessed are failing to ...
Thursday, 31 August 2017
87. Amex faces major fines for mal-practice and discrimination
(Card & Payments World | News/Company news)
Amex faces major fines for mal-practice and discrimination Inferior terms offered to customers in Puerto Rico and US Territories The Consumer Financial Protection Bureau (CFPB) has taken action against ...
Thursday, 31 August 2017
88. Grant for payments start-up
(Card & Payments World | News/Fintech)
Grant for payments start-up Funds to enhance technology A London based payments start-up has received a grant of nearly three quarters of a million pounds to enhance its technology. Paybase has received ...
Tuesday, 29 August 2017
89. US judge throws out action against payments processors
(Card & Payments World | News/Card networks)
US judge throws out action against payments processors Court rules memory aids unacceptable A US judge has thrown out a long running case against payment processors, because the organisation  bring the ...
Tuesday, 29 August 2017
90. Estonia plans its own digital currency
(Card & Payments World | News/Fintech)
Estonia plans its own digital currency System could be used to pay for public and private services Estonia is considering plans to launch its own digital currency to be available to both its own ...
Friday, 25 August 2017
91. Exclusive interview: Grab sets out plans for southeast Asia expansion
(Card & Payments World | News/Loyalty/Marketing)
Exclusive interview: Grab sets out plans for Southeast Asia expansion Wallet provider targets massive payments and loyalty market across region  Ride hailing service Grab announced earlier this ...
Thursday, 24 August 2017
92. Concardis buys 100% of payments provider
(Card & Payments World | News/Company news)
Concardis buys 100% of payments provider Move further ambition to be international German payment champion Concardis has increased its stake in fellow German payments provider Cardtech Card ...
Thursday, 24 August 2017
93. BofA uses AI for payments
(Card & Payments World | News/Fintech)
BofA uses AI for payments Intelligent receivables solution to help firms streamline incoming transactions Bank of America Merrill Lynch is using Artificial Intelligence technology to streamline the ...
Wednesday, 23 August 2017
94. Provident Financial in freefall
(Card & Payments World | News/Company news)
Provident Financial in freefall CEO Peter Crook resigns as shares lose two thirds of value Subsidiary faces credit card investigation UK sub-prime lender Provident Financial has lost two thirds ...
Wednesday, 23 August 2017
95. Contactless to account for over half global POS payments
(Card & Payments World | News/Customer Insight)
Contactless to account for over half global POS payments Dramatic rise in US adoption predicted More than half (53%) of global POS transactions will be contactless within 5 years, compared to just ...
Tuesday, 22 August 2017
96. GrabPay rewards scheme expands to over 150 merchants
(Card & Payments World | News/Loyalty/Marketing)
GrabPay rewards scheme expands to over 150 merchants Southeast Asia ride hailing programme and payments platform now operates in seven countries The GrabRewards transport loyalty scheme has expanded ...
Tuesday, 22 August 2017
97. Fiserv buys instant payments provider
(Card & Payments World | News/Fintech)
Fiserv buys instant payments provider Tech will enable links with EU and US schemes US payments fintech Fiserv has moved into the rapidly expanding instant payments sector with the acquisition of ...
Monday, 21 August 2017
98. Bank rolls out Siri Pay in UK
(Card & Payments World | News/Fintech)
Bank rolls out Siri Pay in UK Payments can be made via voice commands Barclays has launched payments using Apples virtual assistant Siri, enabling UK customers to make payments using their voice. ...
Monday, 21 August 2017
99. Nigeria bank partners for crossborder payments
(Card & Payments World | News/Financial Services)
Nigeria bank partners for crossborder payments Service for diaspora Access Bank has partnered with transactions network Earthport to provide delivery of cross-border payment services into Nigeria. ...
Friday, 18 August 2017
100. Australia to regulate digital currencies
(Card & Payments World | News/Regulation)
Australia to regulate digital currencies Regulator to be given increased powers Australias coalition government has announced plans to regulate digital currencies for the first time. The action ...
Friday, 18 August 2017
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