The latest figures from Visa Europe show that throughout 2013 Visa cardholders used their contactless cards to make more than 94.3 million purchases in the UK. The ease and speed of contactless payments is being embraced by consumers.

ACI is empowering financial institutions, retailers and billers to reduce payment processing costs, increase customer loyalty and drive new revenues with its new platform.

First UK Bus has announced the launch of Corethree’s award winning m-ticketing service.

U.S. Bank is to offer Visa Payment Controls, which gives small business owners control over how, when and where their employees’ business credit cards are used.

Fiserv and MasterCard have announced an agreement to make MasterCard’s US common debit EMV solution available for the Accel debit network.

WorldRemit has announced that it has closed a USD40 million investment from Accel Partners.