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Worldpay is declaring a tipping point for contactless payments in the UK, as tap and pay transactions overtake Chip and Pin for in-store card payments...
Mastercard is working on a new technology platform to support bill payments via mobile banking apps, created to help banks recover ground lost to multiple...
Kuala Lumpur: CIMB Bank Berhad (“CIMB Bank”) has introduced Quick Response (QR) Payment Acceptance at CIMB terminals, a first- in-the market QR payment acceptance to...
A North Korean hacking group has used the Swift network to try to steal more than $1.1 billion dollars from at least 16 financial institutions...
Singapore’s Government Technology Agency (GovTech) has revealed that face recognition will be used as part of its national digital identity system. Kwok Quek Sin, senior...
Students at three universities can now add their ID cards to Apple Wallet, enabling them to pay for their laundry and lunch using their iPhones...
Ireland’s Shannon Airport has become the first airport in Europe to have facial recognition technology introduced for U.S. preclearance. The new technology is a further...
The Hong Kong Monetary Authority (HKMA) announced the launch of the Faster Payment System (FPS) today. The FPS is one of the seven initiatives announced...
South Korean convenience store chain GS25 has opened up a cashier-less store in Seoul that uses face recognition. Key technologies used at the outlet include...
Visa is teaming up with several Kenyan banks on a service that aims to break M-Pesa’s stranglehold on the country’s mobile payments market. The new...
According to Global Payment Cards Data and Forecasts to 2021, the total number of card payments worldwide increased by 15% in 2015 to $270 billion,...
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...
