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Alternative Payments (APMs), Daily news, E-Commerce, E-Money, Mobile Wallet, POS Terminals, U.S. Spending Snapshot -

Year-over-year consumer spending growth, via electronic payments like debit cards, credit cards and mobile payments, remained strong at five and a half percent during Q1 2019, according to the new... more

The post U.S. Spending Snapshot: Spending growth robust in Q1 2019 appeared first on Payments Cards & Mobile.

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Cyber Security, Daily news, E-Commerce, Fraud, Fraud & Security, high risk, Identity, mobile fraud, Mobile payments, Mobile Wallet -

Mobile fraud from mobile devices has rapidly evolved over the past several years. From this small, handheld device, your customers can request a ride, book a babysitter, conduct a video... more

The post Mobile fraud: More than 50% of high risk transactions originating from mobile appeared first on Payments Cards & Mobile.

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Daily news, E-Commerce, Fraud & Security, PSD2, Regulation, SCA, SCA payments regulations, Strong Customer Authentication -

After intense lobbying from cross industry parties throughout Europe, the UK’s Financial Conduct Authority has agreed to delay EU mandated SCA payments regulations by more than 18 months, after warnings... more

The post UK’s FCA agrees to postpone SCA rules as 25% of e-commerce transactions threatened appeared first on Payments Cards & Mobile.

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Contracts, Daily news, E-Money, Instant Payments, MasterCard, Nets, Nordic payments, Payments News, Processing & Systems, real-time gross settlement system, real-time payment, Real-Time Payments -

Mastercard has once again been the more aggressive as it muscled in front of Visa to buy the Nordic payments platform Nets for €2.85 billion ($3.19 billion), using its biggest-ever... more

The post Mastercard buys Nordic payments platform Nets for $3.19 Billion appeared first on Payments Cards & Mobile.

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Bank of America, Bank of America Merchant Services (BAMS), Contracts, Daily news, First Data, Payments News, Processing & Systems -

Bank of America recently announced it would end its electronic payment services joint venture with First Data next June, hours after Fiserv completed its acquisition of the payment processor. But... more

The post Why did Bank of America really terminate First Data JV? appeared first on Payments Cards & Mobile.

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