Cards

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Intuit pilots UK chip and PIN mobile card reader

Intuit has begun piloting a tweaked, chip and PIN version of its GoPayment mobile credit card processing app and hardware in the UK.

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Cops bust Romanian gang behind Australia's largest credit card data theft

A joint international criminal investigation has resulted in seven people being charged in Romania for the largest credit card data theft in Australia's history.

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Online ad promises cybercrooks real-world foot soldiers

Visitors to Russian-language cybercrime forums are being offered the chance to hire foot soldiers throughout the US who will help them scam Americans out of their cash.

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China Unicom launches NFC mobile wallet in Shanghai

Telco China Unicom and China Merchants Bank (CMB) are preparing to launch an NFC-based mobile wallet in Shanghai next month ahead of a national roll out.

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RBS becomes first UK bank to back Visa V.me wallet

The Royal Bank of Scotland has become the UK's first financial institution to begin trialling Visa's V.me digital wallet.

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MasterCard and Absa launch dual debit-credit card with built-in display

South Africa's Absa and MasterCard have unveiled a dual contactless debit and credit card which also includes a display screen for passcodes that secure online payments.

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European Commission says WikiLeaks blockade does not break anti-trust rules

The European Commission is unlikely to take action against Visa and MasterCard over their refusal to process payments for WikiLeaks after determining that the blockade does not violate EU anti-trust rules.

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PayPal puts £3.5 million price tag on Anonymous attacks

PayPal says attacks on its Web site by the Anonymous group of Internet hacktivists cost it £3.5 million as it scrambled to bring in extra staff and new hardware to keep its operation running.

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South Carolina admits security failings in massive data breach case

An investigation into the data breach at South Carolina's department of revenue, which compromised 3.8 million social security numbers and 3.3 million bank accounts, has uncovered a series of security failings.

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Danish telcos join forces on mobile payments

Denmark's four network operators have set up a company to develop a common platform for mobile payments in the country.

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MEPs call for common card fees

European parliamentarians have adopted a non-legislative resolution calling for common multilateral interchange fees across the EU.

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Vodafone and Visa prep Oz contactless mobile payments

Wireless operator Vodafone and card giant Visa have unveiled the SmartPass contactless mobile payments system that they will launch in Australia next year.

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Mega Monday: UK Christmas shoppers set for busiest e-commerce day in history

'Mega Monday' - 3 December - will be the UK's biggest online shopping day in history, predicts Visa Europe, which expects to see £320 million spent on its cards alone.

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Barclaycard builds iPhone game for Christmas campaign

Barclaycard is employing iPhone games and Facebook competitions, as well as more conventional TV spots, for a Christmas advertising campaign.

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UK govt tells banks to hand over account data to customers

The UK government has warned banks that it is prepared to legislate to force them to hand over current account and credit card data to customers who request it.

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Wallaby iPhone app tells users which card to use for best deals

US personal finance start-up Wallaby has launched an iPhone app that tells users which credit card they should use in which shop in order to get the best rewards.

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Worldwide mobile payments volume to hit $1 trillion by 2017 - IDC

More than a trillion dollars will be spent around the world using mobile devices by 2017, according to IDC Financial Insights, although this will still represent only a drop in the commerce ocean.

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Pocket money goes digital with pre-paid card for eight-year olds

A British start-up is encouraging parents to ditch cash and take pocket money into the digital age, offering pre-paid cards to children as young as eight which can be used online, in-store and at ATMs.

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BillGuard, Plastyc and Simple agree to share customer data with CFPB

The US Consumer Financial Protection Bureau (CFPB) has convinced innovative finance start-ups BillGuard, Plastyc and Simple to share their anonymised customer data to help identify behaviours and trends.

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JCB to roll out mobile wallet platform

Japan's JCB is to commence a one-month trial of a new mobile wallet platform ahead of a national and international roll-out in 2013.