Payments

Internet hackers steal 160 million credit card details for fraudulent use

Four Russians and a Ukranian have been indicted for massive hacking scam and internet theft, plus the hacking of the Nasdaq by one of the accused. The biggest hacking scheme in history has resulted in the indictment of 5 individuals in ...

iZettle prices are going down

New pricing model by iZettle reduces transaction fees for UK merchants Swedish based iZettle, has announced that its new ...

EU to limit interchange fees on debit and credit cards

In two years, interchange fees between credit card companies and merchants will be capped in the EU: credit card ...

Lemon Network gives Lemon wallets tokenization capability

Lemon e-wallet, created in 2012, to digitally contain all items in your wallet, has now launched a new product, ...

Euronet reveals substantial growth figures in Q2

Euronet Worldwide Inc. publishes 2013 Q2 report revealing double digit growth Electronic payment provider and transaction processing solutions, Euronet, ...

SEC lawsuit brought against Bitcoin Ponzi-schemer

US Secretary and Exchange Commission (SEC) discovers and sues Texan thought to be running Ponzi scheme using Bitcoin. Texan ...

Ukash vouchers now cashable at UK Bank Machine ATMs

A pioneering initiative with Bank Machine ATMs allows UKash carriers to withdraw cash from their virtual vouchers. The way ...

PayPal’s “Modern Spice Routes” reveals the flavors of e-commerce

PayPal releases report encouraging cross-country sales for merchant and economic success The report, titled “Modern Spice Routes” (a cute ...

Working with Banco Espírito Santo helps MoneyGram’s Portuguese expansion

Deal made for MoneyGram services to be offered at BES branches throughout Portugal Greater convenience for Portuguese-living, MoneyGram users ...

Security breach would cause US customers to change banks

Entersekt poll reveals that US citizens are afraid of online fraud Entersekt, South African based, transaction authentication company, has ...

Money laundering – increasingly risky in India

According to report, digital currency in India is predicted to open the door for cyber money laundering The report, ...

Mopay’s new one-click mobile payment solution

Mopay’s new one-click mobile payment solution Together with Vodafone and Telefonica, Mopay launches mobile payment solution that requires one ...

Bitcoin and banks should work together

In this technologically advanced age, openness and inclusion is key for growth and success In a discussion about future ...

Bitcoin’s delayed transaction rate

Is speed an issue when it comes to Bitcoin transactions? George Peabody, Senior Director of Glenbrook Payment consultants, ...

PayLane launches Automatic Payment Optimizer

PayLane, provider of online payment services for e-commerce merchants, has launched an Automatic Payment Optimizer (APO) as a solution ...

M-Pesa: India follows Kenya

M-Pesa travels to Rajastan – another step for e-wallet solutions M-Pesa, which was developed by Bristish multinational, Vodafone, is ...

Tieto provides MillikartGroup with fraud management solution

Tieto, Nordic, IT services company, has created a fraud management solution for payment processing provider, Millikart. The Card Suite ...

Smart Card technology is encouraged for more secure online environment

Smart Card Alliance Identity Council issues a white paper presenting the advantages of smart cards in internet payment transactions. ...

SegPay offers more to merchants

SegPay, known IPSP (Internet Payment Service Provider), has increased its service offering and is rivaling some of the biggest ...

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