Europe

Europe
European Payments Council Develops Card Processing Plan
March 11, 2015

More than a year after the European Payments Council published its new requirements for face-to-face payment-card transactions in the Euro zone, the EPC has unveiled its proposed rules for online payments and other card-not-present (CNP) transactions. Get the Full Story Complete the form to unlock...

Europe
EU Parliament Votes To Limit Interchange Fees
March 11, 2015

The European Parliament voted overwhelmingly on Tuesday (March 10) to cap payment card interchange fees for consumer payments, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Airbnb Latest Funding Round May Hit $20B
March 02, 2015

Airbnb is halfway to raising another billion dollars in funding, and bringing its total valuation to $20 billion, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Gemalto Confirms NSA Hack (But Says Mass Encryption Key Theft Didn’t Happen)
February 25, 2015

The world’s biggest maker of SIM cards for mobile phones, Gemalto, confirmed in an early AM press conference that it has “reasonable grounds” to believe that the NSA and GCHQ hacked its network in 2010-2011.  The Dutch firm went on to note that while the...

UK To Payday Lenders: Publish Your Prices
February 25, 2015

British payday lenders must publish the costs of their loans on comparison websites so consumers can shop for the best deals, the U.K.’s Competition and Markets Authority (CMA) announced on Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and...

Gemalto Sees No Evidence That Its Encryption Keys Were Boosted By Spies
February 23, 2015

After reports last week that Gemalto had seen the encryption keys for its SIM cards stolen by the NSA and GCHQ , the Dutch company has officially responded that its products are secure. Get the Full Story Complete the form to unlock this article and enjoy...

Europe
Were Gemalto’s Encryption Keys Stolen By Spies?
February 20, 2015

Gemalto, the Netherlands-based firm that is also the world’s largest manufacturer of SIM cards, is currently investigating whether or not its encryption keys have been lifted by US and UK spies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Europe
What Europe’s Digital Marketplace Is Missing
February 18, 2015

European manufacturers are now pushing for a consistent Eurozone-wide internet that can function as both a digital marketplace and a network for manufacturers to interoperate, the Wall Street Journal reported on Tuesday (Feb. 17). Get the Full Story Complete the form to unlock this article...

Europe
iZettle Releases Free Chip And PIN Reader For European SMBs
February 17, 2015

Europe’s answer to Square, iZettle, is introducing its new Card Reader Lite, which is reportedly the world’s first free-­of-charge Chip and PIN reader. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...