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Citi rounds on Isis, urges other banks to join Google Wallet

Citibank has contrasted Google's open platform approach to mobile payments with the gatekeeper role adopted by the Isis consortium, complaining that the telcos are hampering the development of NFC to the detriment of other market participants.

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NCR, PayPal and S1 offer P2P payments through ATMs

NCR, PayPal and S1 have teamed up on a service that lets people make real-time person-to-person payments from cash machines.

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US Bank pilots mobile retailer store card

US Bank has launched an iPhone app which offers retailers the opportunity to provide customers with an instant line of credit for on-the-spot purchases.

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MPs take RBS and Lloyds to task over ATM access

A senior MP has written to the Royal Bank of Scotland and Lloyds Banking Group raising concerns about restrictions on some account holders using rivals' ATMs.

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Over 100 indicted in huge New York ID theft ring takedown

New York authorities have indicted 111 people - including bank tellers - accused of participating in an identity theft scam that saw counterfeit credit cards used to steal more than $13 million.

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Credit card crooks steal £14k from Katie Price

Credit card fraudsters have stolen around £14,000 from professional 'personality' Katie Price, according to the Daily Mirror.

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Visa adds GSMA's Krugal to mobile money team

Visa has added GSMA veteran Gavin Krugel to its mobile team where he will focus on rolling out m-payments services in the developing world.

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Criminals resort to low-tech scams as online banking and card fraud losses fall

Fraud losses on UK cards and online banking fell during the first half of the year as new initiatives to combat criminal activity saw fraudsters return to low-tech scams involving cheques and socially-engineered telephone deception.

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Betfair kept massive card data theft quiet

Betfair failed to inform over two million customers that their card details were stolen in a cyber-attack 18 months ago. The online bookmaker also neglected to mention the breach in its listings prospectus ahead of a floatation in October.

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JPMorgan Chase names Susan Ehrlich SVP, next generation payments

JPMorgan Chase has hired retail and financial services veteran Susan Ehrlich as senior vice president of next generation payments.

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BofA plans $5 monthly charge for debit card users

Bank of America is to start charging debit card users $5 a month as it seeks to claw back money it will lose from a change in interchange rules.

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Amex partners China's Tencent on e-payments

American Express is teaming with Chinese Internet giant Tencent Holdings on cross-border online payments.

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Visa Europe unveils mobile P2P payments and alert services

Visa Europe's member banks will be able to offer their customers mobile person-to-person payment and alert services from next month.

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First direct crowdsourcing effort gains traction

UK bank first direct is asking for customer input on the design of its new debit cards, following a strong response to a new crowdsourcing portal where members of the public can shape products and services before they are officially released.

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Woman cautioned for ATM shoe attack

A British woman has been given a police caution for attacking a cash machine with her high-heeled shoe.

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Creditcard.net domain sells for $138.000

Australian holding company Pixel Capital has paid $138.000 for the domain name creditcard.net as it bids to enter the US financial comparison market.

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Crooks use 3D printers to make ATM skimmers

A Texas-based criminal gang has been using state-of-the-art 3D printers to make ATM skimming devices, according to US officials.

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Citi slaps down Bank 2.0 rivals in Innotribe face-off

Financial heavyweight Citi has faced off a challenge to old-bank hegemony with a powerful display of its technological prowess that knocked the wind out of a room-full of Bank 2.0 innovation gurus and digital evangelists at an Innotribe session at Sibos in Toronto.

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RBS WorldPay hacker's property auctioned off

Flats and cars belonging to one of the ringleaders of the 2008 cyber-attack on RBS WorldPay, which led to the theft of over $9.4 million, have been auctioned off to compensate the bank, according to local press reports.

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Google launches mobile wallet

Search engine giant Google has kicked off a new era in payments with the formal launch of its mobile wallet service and the announcement of new co-operation agreements with Visa, Discover and American Express.