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October 2015 marks a major milestone in the US payment industry’s migration to EMV as the liability shift comes into effect. After the liability shift, the party on a card transaction—the issuer, acquirer, or merchant—who does not support EMV assumes the liability for counterfeit card transactions and, in some cases, for lost and stolen card [...]

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The Bank of England says that it is considering issuing its own digital currency in the future in the same way that it issues bank notes. A research paper from the bank, One Bank Research Agenda, said bitcoin has proved it is possible to transfer value securely without a trust. “While existing private digital currencies [...]

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It is a truth universally acknowledged, that a currency system seeking successful adoption must be in want of trust. Trust that a representation of value, such as a paper note, is backed by real value or a genuine obligation to repay; trust that those representations will be accepted by others as such; and trust that [...]

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Not all countries have cards as the predominant payment method when paying for goods and services online. Payment methods can be quite diverse from country to country. Expert Market have designed a map to display the different online payment methods of 29 countries around the world. The data has been compiled by global payment company [...]

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Visa Europe has announced its plan to launch a payment tokenisation service customized for the needs of the European market. Tokenisation technology will be at the heart of new mobile payment solutions and has been hailed as one of the best data protection and fraud prevention methods available.  The new service will be available for [...]

The post Visa Europe launches payment tokenisation and expands P2P payments capabilities appeared first on Payments Cards & Mobile.