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Mastercard names Raghav Prasad division president, sub-Saharan Africa

Spurred on by the company's steady growth in Sub-Saharan Africa and in line with its focus on investing in the continent, Mastercard has appointed Raghav Prasad as Division President for Sub-Saharan Africa.

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SEC KO's Mayweather-backed ICO over fraud allegations

An initial coin offering (ICO) that raised $32m and was backed by celebrity boxer Floyd Mayweather has been dealt a knockout blow after the US Securities and Exchange Commission (SEC) arrested the company's founders for fraud.

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Hackers steal 5m cards from Saks Fifth Avenue and Lord & Taylor

Notorious hacking collective JokerStash has been fingered for an attack that has compromised more than five million card numbers from customers of Saks Fifth Avenue and Lord & Taylor.

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Hong Kong's Octopus coes to merchant mobile devices

Octopus Cards Limited today launched a new feature to enhance the Octopus App for Business, allowing merchants to accept Octopus card payment through their NFC mobile devices.

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Barclays to shut off online services over holiday weekend to complete ring-fencing

Barclays customers will not be able to manage their accounts online, by phone or by app between Saturday night and Sunday afternoon as the bank carries out work on its systems to meet new regulations.

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ISignthis Australia strikes payment aggregation deal with Amex

Australian Securities Exchange and Frankfurt Stock Exchange cross list iSignthis Ltd (ASX : ISX | DE_FRA : TA8), the world leading RegTech for identity verification and payment services, is pleased to announce that it’s Australian subsidiary, iSignthis eMoney (AU) Pty Ltd, has executed a payment aggregation agreement with American Express Australia (“AMEX”).

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UAE consumers keen on biometrics - Visa

Visa Inc. (NYSE: V), today announced the results from a survey of 500 consumers in the UAE that explores awareness and perceptions of biometric authentication, which finds consumers have a strong interest in biometric technologies that make their lives easier.

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Cardstream 'Brexit-proofs' payment gateways

Cardstream, the UK’s largest independent provider of white label payment software and services, has today announced it has completed the Brexit-proofing of its payment gateway business.

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French city of Dijon brings contactless payments to tram network

Dijon Métropole, Keolis, the Caisse d'Epargne de Bourgogne Franche-Comté, Visa and Worldline announce the launch of a new innovation in the field of open payment for public transport in Dijon.

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Danske Bank sets out cryptocurrency policy

We have a negative position towards cryptocurrencies and strongly recommend that our customers refrain from investing in the field.

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Sydney Angels funds QPay $570k to steal millennial students from banks

Australia’s first ever student marketplace app, QPay, has raised $570,000 from a series of high profile investors, including Sydney Angels and the Sydney Angels Sidecar Fund 2, to break into student banking through the release of a student-targeted QPay MasterCard.

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Nabil Bank moves card processing to Compass Plus

Nabil Bank, one of the leading banks in Nepal and the first private sector bank in the country, has migrated its card processing business to the Compass Plus Processing Centre.

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Mental health charity Mind trials contactless donation boxes with Santander

Minds Matter, the retail arm of the national charity Mind, is piloting contactless donation terminals in 10 of its shops around the UK to bolster donations.

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Concardis to process JCB card payments

JCB International Co., Ltd., the international operations subsidiary of JCB Co. Ltd. (JCB), and Concardis, the leading full-service payment provider in German-speaking Europe, are proud to announce the enablement of JCB Card acceptance through Concardis' new multichannel platform Payengine for online business.

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NatWest rolls out ClearSpend app for company card accounts

NatWest has partnered with Silicon Valley start up SpendLabs to develop a new app to help businesses digitally manage company spending.

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Payment Systems Regulator publishes Annual Plan 2018/19

The Payment Systems Regulator (PSR) has today published its Annual Plan and Budget for 2018/19.

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EU Council agrees position of fighting non-cash fraud

On 9 March 2018, the Council adopted its position on the directive on combating fraud and counterfeiting of non-cash means of payment.

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ACI Worldwide forges global partnership with UnionPay International

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced a key strategic partnership with Shanghai-based bank card company UnionPay International.

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Visa names Baricordi as GM for Middle East and North Africa

Visa (NYSE:V) has announced the appointment of Marcello Baricordi as General Manager for Middle East and North Africa (MENA).

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Soldo hires Luca Scagliarini as first VP of marketing

Soldo, the London-based FinTech solving the challenge of automating, delegating and controlling company spending, has announced its first key hire of 2018, marking the start of a year of fast expansion ahead for the company that wants to make controlling company and employee spending a breeze.