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London cops warn on ATM pinhole cameras; gang sentenced for cash machine explosions

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London cops warn on ATM pinhole cameras; gang sentenced for cash machine explosions

Police are reminding Londoners to be careful when entering their PINs at ATMs after discovering tiny pinhole cameras at several machines in the city.

Canadian fintech Koho launches

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Canadian fintech Koho launches

Vancouver-based mobile finacial services outfit Koho has finally moved out of private beta testing, pitting its mobile-based service against Canada's big five providers in the battle for Generation Y.

First Data boosts e-commerce biz through Acculynk acquisition

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First Data boosts e-commerce biz through Acculynk acquisition

US fintech giant First Data is strengthening its e-commerce hand through the acquisition of Atlanta-based Acculynk. Financial terms of the deal were not disclosed.

Barclaycard offers free Uber rides to customers

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Barclaycard offers free Uber rides to customers

Barclaycard is tapping into the popularity of Uber to launch a loyalty programme for UK credit card holders.

Britain to go cashless in 2043?

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Britain to go cashless in 2043?

Britain will finally be cashless by 2043, at least that's what an online casino is betting after examining paper money's form.

Former iPayment execs charged over multi-million dollar fraud scheme

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Former iPayment execs charged over multi-million dollar fraud scheme

The Securities and Exchange Commission has charged two former iPayment executives with a scheme that allegedly saw them manipulate the credit card processing firm's accounting systems to steal millions of dollars.

Chase to acquire MCX mobile payments tech

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Chase to acquire MCX mobile payments tech

JPMorgan Chase has acquired the technology behind failed merchant-backed mobile payment service CurrentC.

Fintech Pavillion to host Europe's top startups at EBAday 2017

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Fintech Pavillion to host Europe's top startups at EBAday 2017

Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2017, Europe's leading payments and transaction banking event.

Current preps debit card and app for kids

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Current preps debit card and app for kids

US fintech startup Current has raised $3.6 million as it prepares to roll out an app and card-based allowance management service for parents and their kids.

Verifone investigates network breach - Krebs

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Verifone investigates network breach - Krebs

Point-of-sale terminal maker Verifone is investigating an internal network breach that may have affected several firms using its hardware, according to the Krebs on Security blog.

Monzo to move card processing inhouse following outage

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Monzo to move card processing inhouse following outage

Digital challenger Monzo is to move card processing inhouse after a severe outage at its current third party service provider left customers high and dry for most of Sunday.

Overlay skimmers found on Ingenico card readers

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Overlay skimmers found on Ingenico card readers

Crooks in the US are targeting Ingenico card readers at shop self-checkout lanes, placing overlay skimming devices on the machines to steal data and PINs.

Singapore commuters can now tap-and-pay for their fares with Mastercard

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Singapore commuters can now tap-and-pay for their fares with Mastercard

Singapore's Land Transport Authority is working with Mastercard on plans to enable commuters to pay for their fares with contactless bank cards.

Brits warm to mobile tap and pay

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Brits warm to mobile tap and pay

Hurried workers grabbing lunch on the go and relaxing with an end-of-day pint are behind rising UK mobile contactless payment numbers, according to Worldpay.

HSBC and Barclays customers hit by technical problems

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HSBC and Barclays customers hit by technical problems

After a weekend which saw many Barclays customers unable to make instore payments and ATM withdrawals, today it was the turn of HSBC business banking clients to suffer, locked out of their accounts online.

Mastercard rolls out mobile order and pay platform to six new markets

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Mastercard rolls out mobile order and pay platform to six new markets

Mastercard is to expand its mobile order ahead programme to Brazil, Canada, Ireland, Singapore, South Africa and the US.

Visa exports 'Everywhere' innovation programme to Europe

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Visa exports 'Everywhere' innovation programme to Europe

Visa is hosting a live competition at Mobile World Congress, with five emerging technology companies competing for a €25,000 cash prize.

Barclaycard strikes new wearable deals for contactless jewellery and watches

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Barclaycard strikes new wearable deals for contactless jewellery and watches

Contactless payment technology is migrating from the plastic card to high street jewellery and watch brands under deals agreed by Barclays with DCK Group and Tappy Technologies.

EBA to relax controversial PSD2 authentication rules

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EBA to relax controversial PSD2 authentication rules

The European Banking Authority is to relax proposed rules on a requirement for strong customer authentication for all payments under EUR10, after being on the receiving end of a volley of complaints from industry participants who claimed that the mandate would lead to more declined transactions and abandoned purchases at the checkout.

Visa opens London innovation centre

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Visa opens London innovation centre

Visa has opened its largest innovation centre to date in London, with the aim of hosting partners and clients from across Europe to collaborate on new ways to pay.

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