MasterCard has signed a deal to transfer domestic Russian transaction processing to the country's new national payments system.
The global technical body, EMVCo, will increase its scope to lead the payments industry in advancing the next generation of 3D Secure (3DS), the online authentication protocol, to support new and emerging technologies in the remote payment environment.
Nine Polish banks have confirmed plans to commercially launch mobile contactless payments using Visa's Host Card Emulation technology from early next year.
Google is suing Visa and MasterCard over the card giants' interchange fees, alleging that they violated federal antitrust law.
Founded by self-proclaimed bitcoin enthusiast, Darwin Ramon, the startup, YesToBitcoins.com now allows users to settle payments on all Canadian credit cards.
Square has poached the chief marketing officer of Visa Inc., Kevin Burke, to head up 'customer acquisition' across the company's portfolio of payments products.
Several Russian banks, including some subject to Western sanctions, will next week begin testing the country's new card payments system, designed to take on Visa and MasterCard.
Tieto has implemented Card Suite contactless solution for acquiring and issuance of VISA and MasterCard payment cards, as well as completed certification project for PASHA Bank in Azerbaijan.
Santander, Telefonica and MasterCard are to invest £49.2 million in Monitise, providing a welcome boost to the London-based mobile money outfit after Visa decided to sell off its stake in the company.
Discover has filed a lawsuit accusing rival card scheme Visa of anti-competitve practices in its debit card business.
© Finextra Research 2015