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US Payments Forum updates minimum requirements for US EMV chip deployment

As U.S. issuers, merchants, acquirers and processors continue their migrations to EMV chip technology for more secure payments, many stakeholders may ask: “What is the least complex way to deploy chip for my organization?”

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Taiwanese banks tap Mozido for HCE mobile payments

Mozido, a global provider of trusted digital commerce and payment solutions, today announced 14 banks within the Taiwan Mobile Payment Co (TWMP) consortium have adopted its pioneering HCE technology. The remaining 12 banks will launch later this year.

CVS follows Walmart with own mobile payments service

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CVS follows Walmart with own mobile payments service

CVS Pharmacy has become the latest MCX member to launch its own mobile payment service, enabling customers to pick up their prescriptions by scanning barcodes on their handsets.

AIB mobile banking knocked out

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AIB mobile banking knocked out

Allied Irish Bank (AIB) says that "technical issues" have led to problems with some online, mobile and branch transactions.

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Holvi and SumUp form partnership

Mobile payment company SumUp and business banking service Holvi today announced their partnership to better serve small businesses in Germany.

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Union Bank of India launches credit card management app

Union Bank of India, one of India’s largest public sector banks, launched Ucontrol, a first of its kind solution designed to give customers the convenience of controlling their credit card usage with a mobile application.

Alibaba makes VR payments play

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Alibaba makes VR payments play

Chinese web behemoth Alibaba is working on bringing its payments clout to VR, developing technology that will let people buy goods in a virtual world by making physical gestures.

Hackers hit Oracle Micros POS unit

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Hackers hit Oracle Micros POS unit

Oracle is warning users of its Micros POS payments technology of a data breach which saw malicious code installed on its systems.

US debit chips disappoint; mobiles expected to blossom

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US debit chips disappoint; mobiles expected to blossom

America's move to EMV is being hampered by slow merchant adoption, with chip cards accounting for just four per cent of all debit transactions, according to research from the Pulse network.

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Apple Pay comes to Canadian vending machines

The Canadian National Vending Alliance (CNVA), a coalition of the largest vending operators across Canada, announces that it has partnered with PayRange to bring mobile payment across 100% of its vending machines coast-to-coast.

O2 moves into mobile point of sale

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O2 moves into mobile point of sale

Telecomms operator O2 is to move into the mobile point of sale market through a deal in the Czech Republic with Germany's Wirecard.

Samsung gets banks onboard for Galaxy Note7 iris scanning

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Samsung gets banks onboard for Galaxy Note7 iris scanning

Samsung has added an iris scanner to its latest flagship handset, the Galaxy Note7, which will be used to access banking app and authenticate Samsung Pay transactions,

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MasterCard: 80% of US credit cards now have chips

Mastercard today announced that 80 percent of its U.S. consumer credit cards have chips, representing an 88 percent increase in chip card adoption since the October 1, 2015 liability shift started to bring EMV-secured payments to the U.S.

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Visa reports first 'Quick Chip' deployment

Earlier this year, Visa announced Quick Chip, a technology enhancement that optimizes EMV®[1] chip card processing to not only speed up checkout times, but also significantly streamline chip implementation.

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SIA buys Unicredit eMoney processing activities for Italy, germany and Austria

Unicredit Business Integrated Solutions (UBIS), a company in the Unicredit Group, and SIA today signed an agreement for the sale to the latter – for the sum of €500 million – of the processing activities of around 13.5 million payment cards and the management of 206,000 POS terminals and 12,000 ATMs in Italy, Germany and Austria.

Czech bank ČSOB launches HCE-based mobile wallet

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Czech bank ČSOB launches HCE-based mobile wallet

Czech Republic bank ČSOB has enlisted Italy's SIA to launch what it claims is the country's first NFC payments mobile wallet for Visa and MasterCard.

MasterCard and PayPal hold talks about alliance - FT

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MasterCard and PayPal hold talks about alliance - FT

MasterCard and PayPal have engaged in a "constructive dialogue" about a possible strategic alliance, according to a report in the Financial Times.

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Thai technologists keen on alternative payments for online shopping - ACI Worldwide

ACI Worldwide (ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the results of its new Thai Commerce & Payment Study.

Indian digital payments market to hit $500bn by 2020 - Google

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Indian digital payments market to hit $500bn by 2020 - Google

India is set for a digital payments revolution, with the value of transactions set to hit US$500 billion by 2020, ten times its current level, according to research from Google and the Boston Consulting Group (BCG).

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Ingenico posts first half revenue rise

Ingenico Group (Euronext: FR0000125346 – ING) announced today its financial statements for the six-month period ended June 30, 2016.

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