In the wake of the Target data breach, rivals MasterCard and Visa have joined forces to create a cross-industry group that will push for greater payment security, beginning with the introduction of EMV chip technology in the US.
Carole Le Cunff, head of communications, NFC and payments programme, Orange, discusses the Orange Cash pre-paid mobile app and demos a transaction.
Visa Inc. (NYSE:V) today announced that it has completed technical development of a new service aimed at detecting and preventing fraud schemes that target the use of prepaid cards.
Beating banks around the world to the punch, Ukraine's PrivatBank has launched a host card emulation-based mobile NFC payments service.
Visa Inc. (NYSE: V) and First Data's STAR® Network announced an agreement to share Visa's common debit solution offering issuers, acquirers and merchants a streamlined and cost-effective approach for debit EMV chip adoption.
Alpha Bank and Vodafone, in partnership with Visa Europe and First Data, introduce Tap n Pay, the first mobile phone application for contactless payments in the Greek market
The EC has accepted Visa Europe's promise to cap its multilateral interchange fees (MIFs) for cross-border credit card payments at 0.3%.
Mary Carol Harris, director of mobile at Visa discusses where the firm is focusing in mobile payments, what the industry has achieved so far, and ambitions for 2014.
Working with its partners, Visa has doubled the availability of mobile payment services across Europe in the past 12 months. Mobile payments are now available nationwide in several markets across Europe.
The fees that banks charge retailers for processing shoppers' payments should be capped, Economic and Monetary Affairs Committee MEPs decided in a vote on Thursday.
© Finextra Research 2014