Helixion, the UK-based NFC mobile payments service provider, has debuted its new mobile payments application platform named lok-MPL, reported The Paypers. This application will allow the provider to develop mobile payment applications that can be used with digital wallets, payment solutions, loyalty programs and more....
The Reserve Bank of India (RBI) has ordered banks in India to issue credit and debit cards that only permit domestic use, in an effort to reduce the high rising credit card fraud, reported ATM marketplace. Customers who wish to have cards that operate internationally...
MasterCard has signed on to a new agreement with Middle East Payment Services (MEPS) that will support and improve services such as new payment platforms, reported Gulf Bankers. This alliance will provide these payment services to a group of seven Arab banks in the Middle...
Ingenico and payments processor Heartland Payments Systems have partnered to develop E3- and EMV-capable attended terminals, reports Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The value of a single bitcoin surpassed $100 on Monday, according to VentureBeat. The virtual currency traded at $104.50 per unit at its peak on Mt. Gox, the largest bitcoin exchange. Bitcoin traded at just $15 as recently as January but has been on a...
Comparison shopping site Shopping.com has rebranded as the eBay Commerce Network, according to TechCrunch. The site was purchased by eBay back in 2005 for $620 million, and currently works with more than 4,000 merchants. According to eBay, the site has “evolved” from a comparison site...
A year after launch, it has been recently speculated that Rocked Internet-backed Zalora, a fashion eCommerce site based in Singapore, may be shutting down its services in Taiwan. TechCrunch reported several circumstances indicating the branch’s closure may be imminent. Get the Full Story Complete the...
As the U.S. EMV deadlines loom, the temptation issuers face to send their EMV data prep to a third party bureau is great. Prime Factors today is helping put an end to that practice, announcing the release of their new EMV data prep module for...
CFTC Commissioner Scott O’Malia is coming out against certain swap dealer policies put in place by the Dodd-Frank Act, reports BankCreditNews.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...