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There are a lot of moving parts in the US payments landscape with the ongoing EMV migration to chip technology, growth in mobile and contactless payments, and the increasing need to secure the card-not-present environment. All of which need support and coordination across the entire payments ecosystem. The scope of the US Payments Forum, formerly [...]

The post US EMV MIGRATION: A STATUS UPDATE appeared first on Payments Cards & Mobile.

The UK Financial Conduct Authority (FCA) has set out measures to tackle fraud on contactless cards which have been reported lost or stolen. In a letter to the treasury select committee, the FCA said consumer losses on contactless payments were relatively small, but in some circumstances cards could be used by a fraudster several months after [...]

The post FCA CRACKDOWN ON CONTACTLESS CARD FRAUD SECURITY FLAW appeared first on Payments Cards & Mobile.

A Danish banking collective, named Bokis, has become the first to offer a mobile payments product using the highly popular national debit card, Dankort. Bokis consists of 62 banks from the small to mid-sized bank segment in Denmark, together with four Danish regional banks: Sydbank, Spar Nord Bank, Arbejdernes Landsbank and Nykredit Bank. Last year, [...]

The post DANISH BANK COLLECTIVE LAUNCHES MOBILE PAYMENTS ON DANKORT appeared first on Payments Cards & Mobile.

Actinic has unveiled the m-commerce results of the tenth annual e-Merchant profile, a study carried out between November and December 2016, comprising data from 2,100 European companies. The study confirms that mobile is fast becoming a key sales channel. The study shows the speed at which people are adapting to m-commerce as a mode of [...]

The post 86 PERCENT OF UK SHOPPERS HAVE MADE A MOBILE PURCHASE appeared first on Payments Cards & Mobile.

Together with its ecosystem partners, Smartlink and Ingenico, Samsung has announced the launch of the contactless companion platform (CCP), built with its dual interface smart card chip for digital cash applications. As the smart card chip provider, Samsung is introducing a contactless concept that combines existing contactless services and aligns the needs of users, industries [...]

The post SAMSUNG INTRODUCES CONTACTLESS COMPANION PLATFORM appeared first on Payments Cards & Mobile.