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American Express app accepts loyalty points for purchases

American Express Canada today announces the launch of Use Points for Purchases, a dynamic new capability that allows eligible Cardmembers to use Membership Rewards points towards a wide range of eligible everyday purchases charged to their Card.

Bitcoin a threat to card acquirers and issuers - Santander

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Bitcoin a threat to card acquirers and issuers - Santander

The rise of bitcoin and blockchain technology could have a profound impact on the card market, hurting acquirers and issuer banks but ultimately benefiting Visa and MasterCard, according to experts from Santander.

£14 billion lawsuit against MasterCard edges closer to UK courts

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£14 billion lawsuit against MasterCard edges closer to UK courts

Lawyers handling a £14 billion class action lawsuit against MasterCard have handed in a 600-page sheaf of documents to the Competition Appeals Tribunal (CAT) in the UK in support of allegations that the card scheme imposed "illegal" interchange fees that were ultimately borne by UK consumers.

Wells Fargo fined $185m for opening millions of accounts without customers' knowledge

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Wells Fargo fined $185m for opening millions of accounts without customers' knowledge

Wells Fargo has been fined $185 million for opening up to two million unauthorised deposit and credit card accounts, issuing and activating debit cards without consent and creating phony email addresses to enrol people in online services.

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CR2 upgrades ATM software

CR2, a global provider of omnichannel banking solutions is delighted to announce the launch of its next generation and fully PA-DSS compliant ATM software, BankWorld ATM Client 5 and BankWorld Studio.

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Digital charity box Pennies moves into new markets

Major players in the payments and technology industry have backed a movement to encourage thousands of consumers to donate small, anonymous amounts when paying by card – in a market potentially worth £175million a year to the UK charity sector.

Citi teams up with Asian ride-hailing app Grab

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Citi teams up with Asian ride-hailing app Grab

Citi has joined forces with Southeast Asian Uber clone Grab to let customers pay for rides with their credit card points.

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Number of card payments increased 15% last year

According to RBR’s Global Payment Cards Data and Forecasts to 2021, the total number of card payments worldwide increased by 15% in 2015 to 270 billion, almost double the 8% rise in card numbers.

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JetPay partners with Womply to offer merchants transactional insights

JetPay Corporation ("JetPay" or the "Company") (JTPY), a leading provider of debit and credit card processing services, payroll and human capital management, and prepaid card services, announced today, a partnership with Womply to offer merchants JetPay Insights, a platform that provides merchants a 360-degree view of their business performance through advanced analytics, online reputation management, and more.

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Android Pay comes to Chase Visa cardholders

Beginning today, Chase Visa consumer credit and debit cardholders can now use Android Pay to make simple and secure payments in stores and in mobile apps.

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MasterCard bigs up MasterPass

As the share of digital payments in Europe keeps on growing to reach 38% of payments by 2020, the continued transformation of Mastercard to an even more digital company is driven by the rapid growth, support and success of Masterpass, the company’s digital payment service.

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NCR moves into money management with MX

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, in partnership with MX, today announced the launch of NCR Money Management, a data-driven money management platform that will provide consumers with an intuitive interface for managing and improving their financial lives.

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Northern Ireland's Translink to move to mobile ticketing

Infrastructure Minister Chris Hazzard has announced a £45million investment programme that will deliver a modernised ticketing system which is set to transform travel and lead to an increase in the number of people using public transport in line with a key Executive Programme for Government commitment.

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OT Motion Code cards make headway in Japan

OT (Oberthur Technologies), a leading global provider of embedded security software products and services, and Toppan (Toppan Printing), one of Japan’s leading printing companies, announced during the FIT exhibition in Tokyo, their partnership to provide Japanese cardholders with OT MOTION CODETM, a dynamic cryptogram payment card, and with COSMO OTP, a payment card that generates One-time passwords (OTP).

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Starling Bank co-founder Mark Hipperson resurfaces at Centtrip

Centtrip today announces the appointment of Mark Hipperson as Chief Technology Officer and Executive Board Director.

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Spire Payments and Hobex AG commence mPOS rollout in Austria

Spire Payments, an industry pioneer and leader in mobile payments has collaborated with TECS and Hobex AG to successfully gain accreditation and initiate deployment of an innovative mPOS proposition in Austria.

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Virtual currencies unlikely to crowd out fiat - Swift research

The Swift Institute has published a new research paper analysing whether Bitcoin will crowd out fiat currencies in the global community.

PayPal targets the high street through MasterCard deal

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PayPal targets the high street through MasterCard deal

Following a similar agreement with Visa, PayPal has struck a deal with MasterCard that will help the e-commerce specialist step up its attack on the bricks-and mortar market.

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PayPal’s Braintree to offer Visa Checkout

Visa (NYSE:V) and PayPal (PYPL) today announced that Visa Checkout will soon be available as a payment service for Braintree merchants.

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Ideal Payments implements first mobile payments app in Iraq

Ideal Payments has implemented a next generation mobile payments platform, powered by Monniz, through a strategic partnership with Taif Money Transfer.

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