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3323 articles tagged with this keyword

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Worldpay runs PoC for 'Drone Pay' technology

Worldpay is investigating the use of drone technology and 'contactless doormats' to combat the growing issue of parcel fraud.

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Competition watchdog takes aim at Experian Clearscore merger

The UK's competition watchdog has ruled that Experian's £275 million deal to buy fellow credit card data provider Clearscore could reduce competition in the market.

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Starling Bank flips the debit card on its head

Starling Bank is working to upend the payments card, flipping the card to a vertical axis and doing away with embossed numbering in an effort to more accurately reflect the way people interact with plastic at ATMs and checkout counters.

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Cambridge rolls out contactless giving points for homeless charity

Cambridge City Council has installed contactless 'giving points', enabling people to tap their card or phone to make donations to a charitable fund for rough sleepers.

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Bank of Queensland to hand out free Square card readers at branches

Looking to drum up support in the SME market, Bank of Queensland is to distribute Square card-reading devices and $1000 in free processing to all new small business customers.

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Link revises ATM fee plans as usage falls

ATM network operator Link has pulled back from a plan for a progressive ramping up of interchange fees after outrage from consumer groups over an apparent acceleration in ATM closures across the UK.

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PayPal and Citi Ventures participate in $50 million PPRO funding round

London's PPRO Group has received a $50 million boost in a funding round led by PayPal, with participation from Citi Ventures and return investor HPE Growth Capital.

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Mastercard enlists Worldpay to push Vocalink's Pay by Bank app

Mastercard is looking to put its Vocalink assets to work, partnering Worldpay to push the 'Pay by Bank' app that lets British online shoppers bypass the card giant's own network.

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Anything Visa can do...Mastercard takes time out

Mastercard has followed Visa in suffering an intermittent outage that caused some card payments to be denied overnight.

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Japan's Paidy raises $55m for credit card-free online shopping service

Paidy, a Japanese startup that helps people make online purchases without a credit card, has raised $55 million in a Series C funding round led by Itochu Corporation and joined by Goldman Sachs.

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Handelsbanken trials micro contactless cards

Nordic bank Handelsbanken is entering the wearable payments market, trialling a micro contactless card that can be put into a wristband, bracelet, watch strap or keyring.

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Cryptocurrency Visa card startup buys Crypto.com domain

Monaco, the startup behind a cryptocurrency Visa debit card, has rebranded after forking out millions of dollars on the Crypto.com domain name.

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Mastercard: Biometric payments to take centre stage under PSD2

Mastercard is forecasting a bright future for biometric technology, as new rules on strong customer authentication under PSD2 come into force across Europe.

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Cash machine fee row heats up

Consumer champion Which? is calling for regulatory intervention to halt the closure of cash machines across the UK as banks and convenience stores re-assess the commercial viability of their networks under a new charging model which takes effect next week.

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Visa and Mastercard near $6.5bn interchange settlement - WSJ

Visa, Mastercard and some of America's biggest banks look set to pay merchants around $6.5 billion to settle a long-running battle over interchange fees, according to the Wall Street Journal.

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Ticketmaster confirms data breach three months after warning from banks

Ticketmaster has gone public on a data breach affecting the personal and payment card details of 40,000 customers, despite being warned about suspicious activity on customer cards back in April.

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Picture this: Instagram Payments

Roger Niederer, head merchant services of SIX Payment Services runs the rule over Instagram's forthcoming in-app payments service.

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Venmo launches debit card

PayPal's hugely popular P2P payments app Venmo is looking to conquer the high street through the introduction of a Mastercard debit card.

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RBI tires of slow progress by banks in switching off XP-based ATMs

The Reserve Bank of India has given the nation's banks a one-year deadline to migrate ATMs away from the Microsoft XP operating system, more than five years after support for the O/S was switched off by the Redmond-based tech giant.

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Bank of Ireland hit by debit card failure

Customers of the bank of Ireland were hit with a debit card glitch on Thursday that left them unable to withdraw money or pay for goods.