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Fire Financial Services rebrands; launches debit card and new mobile app

Fire Financial Services – now trading as “Fire” has today announced a number of key developments on its journey to develop a new digital account.

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Square chases retail workflow with new toolkit

As we know from our millions of sellers, retailers — like all businesses — come in different shapes and sizes.

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Eckoh introduces PCI compliant payments via Live Chat

Eckoh announces that it has added the capability to take a secure payment directly via live web chat (“Live Chat”).

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Rippleshot nabs $2.6 million funding round

Rippleshot, a Chicago-based fraud analytics firm, today announced it has raised $2.6 million in its latest round of funding.

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Adyen reports 80% growth in pyment volumes

Adyen, the leading payments technology company, today announced the company increased transaction volume 80 percent year-over-year, totaling $90 billion in 2016.

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Agribank upgrades EMV network with Compass Plus

Vietnam Bank for Agriculture and Rural Development (Agribank) has updated its entire EMV network, including ATMs and POS terminals, which function using solutions from Compass Plus.

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NCR Silver tablet POS lands in UK

NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, has launched the NCR Silver family of point-of-sale (POS) products in the U.K.

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Red Cross provides prepaid service to support refugees

Global humanitarian and aid organisation, the International Federation of Red Cross and Red Crescent Societies (IFRC), has selected Prepaid Financial Services Limited (PFS) to provide a cashless management solution for refugees in Greece.

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Visa bids to strengthen Silicon Valley ties with new Palo Alto site

Stressing its technology credentials, Visa has opened a massive new office in Silicon Valley to house its data and research teams.

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Wirecard takes boon with Apple Pay to Switzerland

As one of the leading payment service providers, Wirecard today is launching its mobile payment solution boon in Switzerland.

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Apple fears Australian banks will price it out of the market

Apple has accused some of Australia's largest banks of wanting to price its mobile payment service out of the market and at the same time condition consumers to accept a fee-based model for tap-and-pay transactions for their own mobile wallets.

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Santander in Poland extends Wordline payments contract

Worldline [Euronext: WLN], through its equensWorldline subsidiary specialized in financial processing, and the Santander Consumer Bank S.A. in Poland, extend their partnership for a new services.

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Klarna agrees £60 million deal to acquire Wonga's BillPay

Fast-growing Swedish payments startup Klarna has acquired Germany's BillPay, a Berlin-based consumer financing outfit owned by UK payday lender Wonga.

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ATM explosion gang get thirty year jail term

Three men have been sentenced to over 30 years in prison for using ‘explosive gas’ to rob 27 ATMs across London and the Home Counties.

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UK Government opens consultation on PSD2

The revised directive on payment services in the internal market, more commonly known as the Payment Services Directive II, or PSDII, was published on 23 December 2015.

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Diebold Nixdorf establishes direct presence in Myanmar

Diebold Nixdorf, a leading innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, today announced the opening of an office in Yangon, Myanmar, creating a direct presence in the country for the newly combined company.

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Virgin Money Giving launches new payments platform with Worldpay

Virgin Money Giving, the not-for-profit fundraising site, has teamed up with Worldpay to roll out its new online payments platform in time for the 2017 Virgin Money London Marathon.

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Worldpay poaches Santander innovation head

Santander's head of global innovation Peter Jackson is moving to Worldpay as its UK chief executive.

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Barclaycard readies for Pay by Bank app roll out

Barclaycard, which has an overview of nearly half of the UK’s credit and debit card transactions, is partnering with VocaLink to enable its merchants to accept mobile payments through Pay by Bank app.

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Mastercard and UniRush hit with $13m CFPB bill over 2015 customer lockout

Mastercard and UniRush have been ordered by the Consumer Financial Protection Bureau (CFPB) to pay $13 million over a technology breakdown in 2015 which left tens of thousands of customers unable to access their money.