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Americans and Europeans wary of in-store mobile payments - survey

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Americans and Europeans wary of in-store mobile payments - survey

Only a quarter of people in the US and Western Europe are willing to use their mobile devices for in-store payments, according to a survey from Bain & Company.

Visa and MasterCard launch cross-industry effort to push US adoption of EMV

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Visa and MasterCard launch cross-industry effort to push US adoption of EMV

In the wake of the Target data breach, rivals MasterCard and Visa have joined forces to create a cross-industry group that will push for greater payment security, beginning with the introduction of EMV chip technology in the US.

Retail Federation cheers JPMorgan Chase switch to chip and PIN

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Retail Federation cheers JPMorgan Chase switch to chip and PIN

The National Retail Federation has called on American banks to follow the lead of JPMorgan Chase and move to chip and PIN credit cards, rather than chip and signature.

PrivatBank launches HCE-based mobile NFC payments service

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PrivatBank launches HCE-based mobile NFC payments service

Beating banks around the world to the punch, Ukraine's PrivatBank has launched a host card emulation-based mobile NFC payments service.

Contactless payments 'rocketing' in UK

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Contactless payments 'rocketing' in UK

New figures from WorldPay show contactless payments in the UK are rocketing, with 226% more contactless transactions compared to this time last year.

Vodafone's Sanz insists that HCE is 'good news'

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Vodafone's Sanz insists that HCE is 'good news'

Vodafone's head of m-commerce in Spain has moved to allay fears that Visa and MasterCard's recently announced support for Host Card Emulation could hurt telcos' efforts to prosper in the mobile money arena, insisting to Finextra that HCE is "good news".

Handelsbanken chooses VeriFone tech for mPOS foray

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Handelsbanken chooses VeriFone tech for mPOS foray

Handelsbanken is moving into the mPOS business, hawking VeriFone-built chip and PIN card readers to Sweden's micro merchants.

Samsung and PayPal team to let Galaxy S5 owners pay by fingerprint

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Samsung and PayPal team to let Galaxy S5 owners pay by fingerprint

Owners of the new Samsung Galaxy S5 will be able to use the handset's fingerprint authentication system to make payments at online and in-store merchants that accept PayPal.

Internet drives growth in European card fraud - ECB

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Internet drives growth in European card fraud - ECB

Card fraud in the Single euro payments area (Sepa) increased in 2012 for the first time in four years, hitting EUR1.33 billion, European Central Bank figures show.

Orange Cash launches in Spain

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Orange Cash launches in Spain

Mobile network operator Orange has teamed up with MasterCard to launch a rechargeable pre-paid card and mobile app product in Spain.

Barclaycard enters mPOS fray

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Barclaycard enters mPOS fray

Barclaycard has become the latest entrant into the crowded UK mPOS market, unveiling an app and card reader combo.

Weve taps Proxama for mobile loyalty service

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Weve taps Proxama for mobile loyalty service

Telco-owned UK mobile commerce joint venture Weve has selected Proxama technology as the basis for its 'Pouch' loyalty service.

Banco Sabadell picks tech startup programme winners

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Banco Sabadell picks tech startup programme winners

Mobile point-of-sale outfit SetPay is one of five firms to win a spot in Banco Sabadell's startup programme for technology companies.

Nigerian banks begin biometrics registration project

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Nigerian banks begin biometrics registration project

Nigeria's banks have embarked on a massive biometrics project, registering the fingerprints and facial features of customers in a bid to fight fraud and money laundering.

Jetco taps Gemalto for Hong Kong and Macau NFC m-payments

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Jetco taps Gemalto for Hong Kong and Macau NFC m-payments

Hong Kong's bank-owned payment outfit Joint Electronic Teller Services Limited (Jetco) has called in Gemalto to help it roll out an NFC mobile payments service.

Credit unions estimate $30 million hit from Target breach

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Credit unions estimate $30 million hit from Target breach

The National Association of Federal Credit Unions' (Nafcu) estimates that the recent Target data breach could end up costing the credit union community nearly $30 million.

UK mobile operators partner MasterCard for NFC m-payments drive

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UK mobile operators partner MasterCard for NFC m-payments drive

UK telco joint venture Weve has teamed up with MasterCard, promising to clean up the "mess" of mobile commerce and bring NFC-based m-payments to the masses.

Hacked Target hastens migration to chip cards

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Hacked Target hastens migration to chip cards

Target has promised to accelerate its $100 million programme to roll out smart card technology in stores to help guard against further fraud.

CIBC teams with Telus on contactless mobile payments

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CIBC teams with Telus on contactless mobile payments

As new research shows that Canadians just can't leave their smartphones alone, bank CIBC and telco Telus have teamed up to enable customers to make contactless payments with their handsets.

'ChewBacca' POS malware uncovered in the wild

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'ChewBacca' POS malware uncovered in the wild

RSA researchers have uncovered a new point-of-sale malware operation emanating from Eastern Europe that has succeeded in scraping payment card data from small retailers in 11 countries.

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