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Cards

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Monzo disables card features as services go awry

Monzo disables card features as services go awry

UK challenger bank Monzo has disabled card payments for customers after suffering an unspecified issue with a supplier.

06 July 2017

Mobile payments taking off for contactless commuting

Mobile payments taking off for contactless commuting

Long viewed as a gateway to mainstream acceptance of contactless cards, the London transport network appears to be providing a similar uplift for the mobile payments market, with one-in-ten contactless journeys on London's buses and tubes now paid for by the likes of Apple Pay and Samsung Pay.

06 July 2017

SAP Financial Services Forum, London - Day 2 live blog

SAP Financial Services Forum, London - Day 2 live blog

Welcome to Finextra's live coverage from Day 2 of the SAP Financial Services Forum in London. The theme for this event is 'winning in the digital moment'. The agenda will examine how technologies such as AI, machine learning, analytics, blockchain, open APIs and the cloud can be best leveraged to deliver truly digitised financial services.

05 July 2017

Curve promises card users 'financial time travel'

Curve promises card users 'financial time travel'

London-based payments startup Curve claims to have cracked time travel, or at least found a way to let customers switch the card used for a transaction - after the purchase is made.

04 July 2017

Finextra charts the new payments landscape

Finextra charts the new payments landscape

Finextra’s European Payments Industry Insights Report tackles key questions about how ready Europe’s payments market participants really are for the unprecedented waves of change about to hit.

04 July 2017

Danske Bank develops pocket money app

Danske Bank develops pocket money app

Danske Bank has released a parent-controlled pocket money app and card for 8-12 year olds.

30 June 2017

Rise in online and mobile shopping drives card fraud transactions to new high

Rise in online and mobile shopping drives card fraud transactions to new high

European card fraud losses hit a record €1.8bn in 2016, with the UK seeing the highest losses at £618m, as criminals took advantage of a boom in CNP-based online and mobile shopping.

29 June 2017

UK banking app transaction numbers soar

UK banking app transaction numbers soar

Brits are increasingly relying on banking applications to manage their money, with nearly 40% of adults using apps in 2016 and transactions rising by 57% during the year.

29 June 2017

Ukrainian banks affected by latest global cyberattack

Ukrainian banks affected by latest global cyberattack

Several Ukrainian banks are understood to have been affected by what appears to be a coordinated ransomware cyberattack targeting firms around the world.

27 June 2017

Visa invests in Klarna

Visa invests in Klarna

Visa is set to buy a stake in Klarna as part of a planned strategic partnership with the Swedish payments firm focussed on pushing online and mobile commerce in Europe.

27 June 2017

Barclays celebrates golden anniversary of the ATM

Barclays celebrates golden anniversary of the ATM

Barclays Bank has given the ATM at its Enfield branch a lick of gold paint to commemorate the 50th anniversary of the cash machine.

27 June 2017

Mastercard eyes opportunities to profit from sharing economy

Mastercard eyes opportunities to profit from sharing economy

Seeking to profit from a booming sharing economy, Mastercard has identified trust, experience and regulation as vital to unlocking the potential of the new commerce models that are emerging.

26 June 2017

ABN Amro tests wearable tech for contactless payments

ABN Amro tests wearable tech for contactless payments

ABN Amro is undertaking tests of wearable technology to make contactless payments, with the aim of rolling out its first card-free tap-and-pay product to customers by the end of the year.

23 June 2017

Danish m-payments scheme adds lock-screen payments and Touch ID

Danish m-payments scheme adds lock-screen payments and Touch ID

Users of the Dankort app and mobile wallets from more than 60 Danish banks can now tap-and-go for low value payments with their phones.

22 June 2017

Philippine banks testify to Senate over recent system glitches and scams

Philippine banks testify to Senate over recent system glitches and scams

Representatives of two of the Philippines' biggest banks, BPI and BDO Unibank, on Wednesday reassured a hearing of the Senate committee on banks, financial institutions, and currencies that they have addressed recent failures that saw a 26 hour system shutdown at BPI and a spate of ATM compromises at BDO.

22 June 2017

Asia still top dog for payments innovation but Europe gaining ground

Asia still top dog for payments innovation but Europe gaining ground

Asia remains home to most payments innovation but Europe is making a charge, leapfrogging Africa, North America and Latin America, according to a survey of industry execs which also calls out distributed ledger technology as over-hyped.

22 June 2017

Live: EBAday 2017, day two

Live: EBAday 2017, day two

Payments professionals from across Europe are gathering in Dublin this week for EBAday 2017, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

21 June 2017

Live: EBAday 2017, day one

Live: EBAday 2017, day one

Payments professionals from across Europe are gathering in Dublin this week for EBAday 2017, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

20 June 2017

Worldpay pilots app-only mPOS for small retailers

Worldpay pilots app-only mPOS for small retailers

Worldpay is conducting extended trials of a software-based mobile points of sale system which helps cash-only mobile and micro retailers to accept card and phone payments on their NFC devices.

19 June 2017

Online and contactless drive surge in UK card spending

Online and contactless drive surge in UK card spending

The number of purchases using debit and credit cards has more than doubled in the past 10 years, as contactless payments and online retail have driven a change in the way consumers pay, a new report from The UK Cards Association shows.

19 June 2017