29 November 2015

All payments news

EPC publishes proposals for pan-European instant payments scheme

27 November 2015  | 2 comments | 17 tweets | 20 linkedin

The European Payments Council has released proposals for the design of a pan-European instant credit transfer scheme, with the aim of bringing real-time money transfers across the Sinlge Euro Payments Area (Sepa) by November 2017.

Mexico's BBVA Bancomer has become the first bank to commercially implement technology that replace static three-digit security codes with a dynamic CVV/CVC that changes every 20 minutes as part of its mobile wallet app.

ATM attack vectors on the rise

27 November 2015  | 0 comments | 3 tweets | 2 linkedin

From sophisticated stealth raids using malware and skimming devices to brute force assaults via ram raids and explosive cannisters, the range of attack vectors on European cash machines by criminal gangs shows no sign of diminishing according to the latest figures compiled by the European ATM Security Team.

Visa Europe gathers students for 'beyond plastic' design jam

27 November 2015  | 0 comments | 5 tweets | 4 linkedin

Visa Europe's innovation hub has been tapping into the youth market, bringing together 100 students from City University London for a weekend-long 'design jam' exploring ways to pay beyond plastic.

WeChat launches mobile wallet in South Africa

26 November 2015  | 0 comments | 17 tweets | 15 linkedin

WeChat, the social messaging app developed by Chinese e-commerce outfit Tencent, has launched a mobile wallet service in South Africa in partnership with Standard Bank.

London black cabs to accept card and contactless payments

26 November 2015  | 3 comments | 12 tweets | 26 linkedin

London black cabs have been given the go-ahead to accept cards and contactless payments for the first time as they face up to competition from rival service Uber.

Payments announcements

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