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At Mobile World Congress, MasterCard and VimpelCom announced a strategic partnership combining MasterCard’s mobile payments technology with VimpelCom’s  globally integrated telecommunications services. The partnership will provide innovative payment solutions to a new generation of customers, both banked and underserved, to VimpelCom’s 212 million customers in 18 countries. While key markets have been identified for the [...]

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WorldPay, has today announced the acquisition of the YESpay group of companies, a leading payments services provider. Leveraging YESpay’s technology, WorldPay will offer its UK clients a complete payment service, including merchant acquiring, card processing and payment terminals integrated with point of sale systems. The combined service will allow WorldPay and YESpay customers to fully [...]

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PayOne has filed a patent infringement lawsuit against The Home Depot in the Northern District of California.  In its complaint, PayOne asserts that The Home Depot retail store deployment and use of PayPal’s in-store checkout infringes on multiple PayOne patents including the use of a mobile phone number and a PIN to complete the checkout [...]

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Gemalto and SIA, a major international payments processor, are joining forces to support rapid deployment of NFC services throughout Italy. Gemalto and SIA team up for the first national TSM infrastructure in Europe that can be utilized by all of the market’s key stakeholders, accessible to the country’s largest mobile network operators and leading banks. "By creating [...]

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Bankinter has developed an NFC payments solution that works without a secure element, potentially cutting out both mobile network operators and players like Google from the NFC payments business. Bankinter’s technology is completely software-based. The solution is "using two-factor authentication and virtualization to achieve appropriate security levels, is compatible with EMV standards and does not require [...]

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