29 January 2015

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Apple takes lion's share of US contactless payments

20 hours ago  | 7 comments | 30 tweets | 15 linkedin

Apple CEO Tim Cook has declared 2015 'the year of Apple Pay' as the consumer tech firm reported the biggest quarterly profit ever made by a public company on the back of record iPhone and iMac sales.

Swyp

Swyp bids to replace wallets with a single card

27 January 2015  | 5 comments | 7 tweets | 7 linkedin

Swyp has become the latest startup to promise to replace the credit, debit, gift and loyalty cards in customers' wallets with a single card and app combo.

Green light

Fed sets out faster payments options

26 January 2015  | 0 comments | 16 tweets | 14 linkedin

The US Federal Reserve has set out a series of options for speeding up the country's antiquated payments system.

Woman texting using smartphone

Number26, a smartphone-only banking service, launches in Germany

26 January 2015  | 1 comments | 23 tweets | 29 linkedin

Dubbed 'the Simple for Europe', after the US-based banking startup now owned by Spanish Bank BBVA, online-only bank Number26 has begun taking deposits from pre-invited customers in Germany and Austria.

PayPal logo

PayPal cuts off Crimea; MasterCard opens up to Cuba

23 January 2015  | 0 comments | 5 tweets | 2 linkedin

PayPal is cutting off services to customers in Crimea in response to western sanctions related to Russia's annexation of the region last year.

With only nine months to go until the US EMV migration deadline, more than half of retailers are not ready for the switch, according to a survey from ACI Worldwide.

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