Latest Cards News: Finextra Research

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

News/Cards

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

News/Cards

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

News/Cards

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

News/Cards

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

News/Cards

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

News/Cards

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

News/Cards

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

News/Cards

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

News/Cards

European ATM skimming ring brought to justice

European police have dismantled an international criminal network of payment card fraudsters, arresting 31 suspects accused of stealing EUR500,000 from approximately 3000 citizens.

15 June 2017

News/Cards

Will words and gestures replace plastic cards and cash?

The man who invented an early form of text messaging for fixed line networks while working at BT believes that in the future people will use words and gestures to pay for transactions, ditching payment cards altogether.

15 June 2017

News/Cards

Apple moves into P2P payments space

Apple is to challenge Venmo and bank-backed network Zelle by introducing peer-to-peer payments as part of a forthcoming update to its mobile operating system.

06 June 2017

News/Cards

Fifteen startups selected for EBAday Fintech Pavillion

Finextra and the Euro Banking Association have selected 15 of Europe's most promising startups to present their ideas to banking delegates attending EBAday 2017, the continent's leading payments and transaction banking event.

02 June 2017

News/Cards

Kmart suffers another card data breach

For the second time in three years, hackers have installed malware on POS systems at US discount chain Kmart and stolen customer credit card data.

01 June 2017

News/Cards

Lucozade hands out contactless bottles to London commuters

Commuters passing through Oxford Circus tube station will be able to tap and pay for their journeys through the London Underground using a contactless chip embedded in the base of a bottle of Luzozade in a promotional initiative between Transport for London and the energy drinks brand.

01 June 2017

News/Cards

Android Pay lands in Canada and Taiwan

Android Pay has arrived in Canada, with several of the country's biggest banks making the mobile payments service available to Mastercard and Visa credit cardholders as well as Interac debit card users.

31 May 2017

News/Cards

Dutch banks bid to manage falling cash use through joint ATM network

ABN Amro, ING and Rabobank are investigating the creation of a joint ATM network as they seek to adjust to a world where cash use is declining but customer still demand easy access to paper money.

31 May 2017

News/Cards

Bristol gets contactless donation points to help the homeless

Contactless donation points have been set up in Bristol, where members of the public can donate £2 by a tap of their debit card to help fund night shelters for homeless people in the UK city.

31 May 2017

News/Cards

Square Virtual Terminal lands in the UK

Square has launched its Virtual Terminal service in the UK, enabling sellers to take payments directly on their computers.

31 May 2017

News/Cards

Barclaycard trials personal 'pocket checkout' in staff canteens

Staffers in Barclaycard's works canteen are trying out a new mobile app to scan and pay for their shopping using their smartphone, without the need to visit a physical checkout.

30 May 2017