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Festipay hits the festival circuit in Hungary

Contactless payments at some of Hungary’s largest festivals just got a major upgrade.

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Mastercard: Biometric payments to take centre stage under PSD2

Mastercard is forecasting a bright future for biometric technology, as new rules on strong customer authentication under PSD2 come into force across Europe.

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Sberbank adds auto-repayment of credit debt to mobile app

Sberbank has launched a service that allows clients to set up automatic repayment of credit card debt.

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Fime first to support EMV contactless reader and Discover Global Network testing in Japan

FIME’s Japanese laboratory is the first in the country accredited to perform testing in line with the Discover Global Network Contactless Reader specification and the EMV C-6 specification.

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Fire.com secures payments service authorisation

fire.com has today announced that it has been authorised to provide new payment services that will change the way businesses and people pay and get paid.

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Smart bets in SME banking

Paul Riseborough, Chief Commercial Officer and Martyn Atkinson, Chief Information Officer from Metro Bank (UK) talk at their 2nd tech breakfast event about the issues SME’s face with their finances and the challenges banks have with helping SME’s grow their businesses. They explore what technologies banks should be adopting to give SME’s connection to the right services and where banks are going to partner in this process.

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Paysend closes $20 million funding round

Paysend, the business targeting a global payments revolution, has closed a $20 million funding round, led by investment firm MARCorp Financial.

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Wirecard to provide payment priocessing for Telenor Bulgaria

Wirecard, the leading innovation driver of digital financial technology, and Telenor, a leading telecommunication operator in Bulgaria with over 3.1 million active subscribers, launched processing services to offer customers of Telenor Bulgaria an increased range of digital payment methods.

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CashFlows provides BIN Sponsorship services through Open Payments Cloud

CashFlows today announced it will help to break down barriers to payment innovation by offering BIN sponsorship services through the ground-breaking Open Payments Cloud (OPC).

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Former Vodafone man Walz joins Concardis as chief sales officer

The former Managing Director of Retail Sales of Vodafone Germany, Dr Peter Walz, will assume the role of Chief Sales Officer (CSO) of Concardis Payment Group from 15 July 2018.

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Fime personalization validation tool accredited by UnionPay

FIME’s personalization validation tool (PVT) has been qualified by UnionPay to deliver PVT testing for its domestic and international markets.

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Milan subway goes contactless

SIA has created the digital platform that enables passengers to pay for tickets in ATM’s urban and extra-urban underground network directly at the turnstiles in a simple, fast and secure manner using MasterCard and Visa contactless cards.

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Cash machine fee row heats up

Consumer champion Which? is calling for regulatory intervention to halt the closure of cash machines across the UK as banks and convenience stores re-assess the commercial viability of their networks under a new charging model which takes effect next week.

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Visa and Mastercard near $6.5bn interchange settlement - WSJ

Visa, Mastercard and some of America's biggest banks look set to pay merchants around $6.5 billion to settle a long-running battle over interchange fees, according to the Wall Street Journal.

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Ticketmaster confirms data breach three months after warning from banks

Ticketmaster has gone public on a data breach affecting the personal and payment card details of 40,000 customers, despite being warned about suspicious activity on customer cards back in April.

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Indian ATM industry lobby says banks should bear the cost of upgrading machines to meet RBI rules

The Confederation of ATM Industry (CATMi), while welcoming the Reserve Bank of India (RBI) notification dated 21st June mandating control measures for ATMs, has proposed that the banks should bear the additional expenses on security for all ATMs branded in bank’s name.

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Amazon chooses AmEx for small business credit card

American Express (NYSE: AXP) today announced plans to launch a new cobranded Amazon credit card for small businesses in the U.S.

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Making payments fraud less attractive to fraudsters

Liam Cooney, Vice President, Global Head of Market Development & Sales, Vocalink Analytics (a Mastercard company), talks at EBAday 2018 about the key trends in payments fraud , how fraudsters are taking advantage of the global adoption of real-time payments and what strategies and techniques can be used to combat these threats.

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Five Degrees and BillPro launch cross-border digital banking services

Five Degrees, the Dutch Fintech in digital banking software, and BillPro, a leading international provider of payment solutions for businesses launches a digital cross-border banking offer in Europe.

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IN2Retail selects CashFlows to support ATM roll-out in the Netherlands and Ireland

CashFlows today announced that it has been selected by IN2Retail, a fast growing provider of ATM payment solutions, to provide BIN sponsorship for its ATM estate in the Netherlands and Ireland.