Mobile payments startup Sign2Pay is planning to raise conversion rates on mobile devices by streamlining the payments process for debit cards.
The FBI and US Secret Service have put to bed rumours that a recent cyber attack on JP Morgan & Chase, America’s largest bank, were sponsored by the Russian government.
The Bank of England is suffering a serious loss of face today after the computer system it uses to make large scale payments between UK banks broke down.
CardinalCommerce and PAY.ON have inked an agreement to integrate Cardinal’s Consumer Authentication solution into the PAY.ON platform.
American Express has teamed up with McDonald’s to allow US customers to use their reward points to pay for fast food.
Dubai’s Ministry of Finance (MoF) has penned an agreement to link the e-Dirham system to the Wall Street Exchange Centre.
Onyx Payments, a major international payment processor for hotels and travel agencies, has announced the acquisition of its long-time strategic partner, the Spain-based Worldwide Payment Service (WPS).
Minneapolis-based e-commerce company SPS Commerce, Inc. announced the $14.9 million purchase of an Australian cloud-based e-commerce management provider on Monday.
PayUMoney has acquired the payment app creator Eashmart in a bid to strengthen its mobile payment platform and help smaller business in the country to go cashless.
Intel Capital has invested $28 million in several Chinese companies specializing in wearable devices, smartphones, and the Internet of Things (IoT) technology, as part of its China Smart Device Innovation Fund.
Mobile payments service Square has raised $150 million in its Series E funding round, and is now valued at $6 billion during a tumultuous time for the payments industry.
Commerzban has led a $15m series-B funding round in payments company Traxpay, with participation from existing investor Earlybird Venture Capital, hoping to see consolidation in the highly fragmented German B2B payment market.
First Tennessee Bank has announced it will be able to offer customers the option of using a debit or credit card within Apple Pay, a new payment service from Apple.
Twitter is aiming to launch its new Buy button officially in the first quarter of 2015 after trialling the payment method last month.
Greentoe is an app which might dramatically change the way you shop. Why? Because it lets shoppers buy items at “market prices,” the lowest prices retailers are willing to sell an item for.
The Royal Bank of Scotland has lured Marion King from Mastercard’s British operations, hoping to overhaul its payments strategy after several failures left the bank exposed to some potentially heavy fines.
Adyen, a provider of omni-channel payment solutions, has appointed Jean-Marc Thienpont as Managing Director of Point-of-Sale Solutions.
Mary Carol Harris, director of mobile at Visa Europe, will help drive forward Apple’s expansion into Europe’s mobile payments sector, it has been revealed.
Virtual currency processor Epiphyte and virtual credit cards company Matchmove have been named the winners of the Innotribe Startup Challenge, one of the best known fintech startup competitions in the world.
Bitcoin, NFC, mobile banking, cloud computing – technology is moving forward, and so should payments security. Or so was the consensus at this year’s Payments Knowledge Forum.
The event, to be held simultaneously in Atlanta and Barcelona over 24 hours in October, will see mobile payments app developers, designers, programmers and creatives come together to compete for cash prizes in teams of one to four.
Researchers at Cornell University’s Center for Hospitality Research (CHR) have confirmed that restaurant goers are enthusiastic about the wave of smartphones and table-top tablets as ways to pay their food bill.
US shoppers still prefer paying by debit card to any other method, but that number is decreasing, according to a new report by TSYS.
Global mobile payments solutions provider Omlis believe that the rapid rate of mobile phone adoption in emerging economies such as Latin America, Africa and Asia, could see the world’s poorest continents become global leaders in internet and mobile payments use within the next 5 years.
A publisher based in Illinois has found that a security vulnerability in its shopping card software allowed hackers to access the personal information and card details of thousands of customers.
Only 9 per cent of corporate treasurers are satisfied with their ePayment solutions, according to research, leaving banks vulnerable to loss of custom.
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