27 February 2015

All payments news

Banco do Brazil, PNC Bank and US Bank are set to join the growing band of finacial services firms working with Visa to offer their customers HCE-based contactless mobile payments.

Mobile phone turning to cash

Google said to prep Android Pay API

5 hours ago  | 0 comments | 10 tweets | 2 linkedin

Google is preparing to launch a payments API that will enable third party developers to embed in-store and in-app payments within their apps, according to press reports.

Bitcoin

Bank of England could issue own digital currency

14 hours ago  | 2 comments | 30 tweets | 12 linkedin

Like its counterparts in the US, the Bank of England is pondering the implications of issuing its own digital currency.

Security

Target takes $162m hit on data breach expenses

25 February 2015  | 0 comments | 12 tweets | 8 linkedin

Target has so far booked $162 million in expenses related to the data breach it suffered in late 2013 which saw thieves steal the card details of tens of millions of customers.

Woman leaning on wall using smartphone

Barclays launches Twitter payments service

25 February 2015  | 0 comments | 56 tweets | 38 linkedin

In a UK first, Barclays is launching a service that lets people pay each other and small businesses using just their Twitter handle.

JPMorgan

JP Morgan Chase to close 300 branches as customers go mobile

24 February 2015  | 8 comments | 22 tweets | 36 linkedin

With customer flocking to its mobile app, JPMorgan Chase is planning to close around 300 branches by the end of next year.

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